Certified Management Accountant

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Certified Management Accountant

An accountant who specializes in the study of how managers use accounting and/or financial information in current or future business decisions. Management accountants use both qualitative and quantitative information in their work. Unlike other accountants, they primarily report to the internal management of a company, rather than to an external body like shareholders or tax collection agencies. In order to become a certified management accountant, one must pass a series of tests sponsored by the Institute of Management Accountants. These tests examine one's knowledge in four subjects: business analysis, management accounting and reporting, strategic management, and business applications.
References in periodicals archive ?
The CMAs findings are, at this stage in its investigation, provisional and do not necessarily lead to a decision that the companies have breached competition law.
This year's Global Salary Survey from IMA A(Institute of Management Accountants) reveals that finance professionals with the CMA A (Certified Management Accountant) certification earn 62 percent more in median salary and 67 percent more in median total compensation than non-CMAs.
(http://www.usmagazine.com/celebrity-news/news/did-the-cma-awards-really-delete-all-mentions-of-beyonce-w44856 In a statement  a rep for the CMAs wrote: "CMA has not erased any mentions of BeyoncAaAaAeA@'s performance on the CMA Awards
Whether they're leading multi-billion dollar concerns, gauging the future of electricity generation or guiding fashion trends, CMAs rely on their accounting, management and strategy skills to drive successful businesses.
It has been nearly 40 years since IMA[R] offered the first CMA examination in December 1972.
Several recruitment agencies have told me that employers will accept only a Canadian CMA and, even though only two subjects are required by a CIMA member to qualify for CMA membership in Ontario, my ACMA is not acknowledged, even when the job calls only for fourth/fifth-level CMA.
CMAs need to maintain records for each marketing assistance loan or LDP commodity, showing the quantity received from each member and nonmember as well as the quantity eligible for marketing assistance loans and LDPs.
Johnson, CMA, vicepresident, finance, and chief financial officer of Johnson & Johnson, New Brunswick, New Jersey, recalled that he took the first CMA exam in 1974.
In short, CIMA members have to meet more criteria than CMAs. Why are we opening the gates to 35,000 members of an accounting body that would allow only about 700 of our members to enter, and only with extra stipulations.
Having seen first-hand the difference that the CMAs work can make, I am incredibly excited to be taking on this role.