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.
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In response, should IMA increase the effort behind creating a pull, or should members exert greater push to influence the companies that they work for to support the Certified Management Accountant designation and program?
Push or pull: message from the chair
Sharman is a Certified Management Accountant (CMA) from the British Chartered Institute of Management Accountants (CIMA).
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IMA provides best-in-class certification, the Certified Management Accountant (CMA([R])), for critical internal financial management responsibilities, including planning, budgeting, business reporting, decision analysis, and risk management.
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Sievers holds an accounting degree from Lehigh University and is a certified management accountant.
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Professionals holding the Certified Management Accountant (CMA([R])) certification reported earning 22 percent more in average salary ($106,713 versus $87,165) and 25 percent more in average total annual compensation ($124,346 versus $99,441) than their noncertified counterparts, according to the Institute of Management Accountants (IMA([R])) 21st Annual Salary Survey.
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He is a certified public accountant and a certified management accountant and is a member of the American, Illinois and Pennsylvania Institutes of Certified Public Accountants, the Financial Executives Institute, and the American Production and Inventory Control Society.
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The Institute of Certified Management Accountants (ICMA([R])), the certification division of the Institute of Management Accountants (IMA([R])), today announced a significant reorganization of its renowned Certified Management Accountant (CMA([R])) curriculum and examination format.
ICMA Announces Reorganization of Certified Management Accountant (CMA) Exam
Obtaining a certification, including the Certified Management Accountant (CMA([R])) designation, provides internal accounting professionals with the essential tools they need to be successful and properly compensated.
Accountant Salaries Increase to Highest Levels Ever

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