The CMA is a certificate in the field of financial and administrative accounting, and it is provided by the IMA (Institute of Management Accountants), located in the United States of America.
Certified Management Accountant (CMA) is an accounting designation that signifies expertise in financial accounting proficiency by adding management skills that aid in making strategic business decisions based on financial data.
The CMA certification is globally recognized advanced accounting credential offered by IMA (Institute of Management Accountants). CMA has been global benchmark for management accountants and financial professionals for the past five decades.
The institute consists of 72,000 members from 140 contries around the world.
Covers external financial reporting from the perspective of its use in decision making.
Focuses on costing systems and covers a number of methods of allocating costs and overheads.
Covers understanding of the budget process of preparation of budget on different calculation methods, and forecasting techniques.
Covers variance analysis and performance measures through calculation of different variance formulas.
Focus on information systems including accounting systems, inputs and outputs of financial systems. Explaining tech. terms including automation, artificial intelligence, cloud computing, blockchains and data analytics.
Covers governance, risk, and compliance with emphasis on system controls and security measures.
The institute consists of 72,000 members from 140 contries around the world.
The institute consists of 72,000 members from 140 contries around the world.
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