What is a CMA?
Certified Management Accountants (CMAs) do more than just calculate value—they create it. They are leaders in management accounting and actively apply a unique mix of financial expertise, innovative thinking and help businesses to grow successfully. Working in organizations of all sizes and types, CMAs give an integrating perspective to business decision-making, applying best management practices in strategic planning, finance, operations, sales and marketing and human resources to discover new market opportunities. They help organizations maintain a long-term competitive advantage.
CMAs should have competencies in cost management, strategic performance measurement, and risk management and assurance services. They have a unique view of business, able to recognize issues, chart solutions, and engage the appropriate measures and people within the organization to accomplish the preferred results. CMAs are considered both leaders and solid team players. Not like other accounting and business professionals, who specialize in financial reporting or auditing the CMA, is prepared to look to the future to provide real-world strategic direction, business management and leadership. Recognized and respected around the world, the CMA designation is a business credential like no other. Throughout the next decade, the market will demand professionals who can be succeed in process-oriented organizations that are fast and active, motivated by knowledge, and dedicated to selling total solutions to customers. In short, it will demand the skills and knowledge of Certified Management Accountants.
There are more than 37,000 CMAs all over the world today and they provide the companies with real-world strategic direction, business management, and leadership.
About CMA Canada
Founded in 1920, CMA Canada is a self-governing body that grants a professional designation in management accounting and regulates its members under the authorization of provincial legislation. The provincial and territorial partners support their regional membership and maintain the highest standards for the CMA designation and professional management accounting practices. CMA Canada represents more than 37,000 Certified Management Accountants (CMAs) and 10,000 CMA candidates and students around the world.
Becoming a CMA
Certified Management Accountants are strategic financial management professionals who have gained the knowledge and skills necessary to provide leadership, innovation and an integrating perspective to organizational decision-making in the global marketplace. To deserve the CMA designation, you must:
1. Complete a University Degree
2. Pass the Entrance Examination
3. Complete a two-year Strategic Leadership Program while gaining practical experience in a management accounting environment.
Each provincial and territorial office of CMA Canada provides additional information on applying for membership, course exemptions, writing the Entrance Examination, program costs, and practical experience specifics.
Resources: www.cma-canada.org
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