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US CMA | CMA USA Candidate Handbook detailed information

US CMA | CMA USA Candidate Handbook

US CMA | CMA USA Candidate Handbook-The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organisations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers speciality credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.

The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

Founded in 1887, the AICPA represents the CPA profession nationally regarding rule-making and standard-setting, and serves as an advocate before legislative bodies, public interest groups and other professional organizations. The AICPA develops standards for audits of private companies and other services by CPAs; provides educational guidance materials to its members; develops and grades the Uniform CPA Examination; and monitors and enforces compliance with the profession’s technical and ethical standards.

The AICPA’s founding established accountancy as a profession distinguished by rigorous educational requirements, high professional standards, a strict code of professional ethics, a licensing status and a commitment to serving the public interest.

US CMA | CMA USA Candidate Handbook-The pdf version of the handbook is available here

USA CMA CERTIFICATION BENEFITS

1.You will get international recognition

2.This is one of the highest level of certification in Management Accounting and with increase in globalisation,FDI,outsourcing,Us financial services in India and Indian financial services in US this job will have a high demand with huge pay.

3.Career opportunities US CMAs in MNCs are in great scale all over the world.

US CMA | CMA USA Candidate Handbook-US CMA | CMA USA Quick Tips on Getting Started-USA CMA CAREER

Designations vary from

  • Cost managers
  • Relationship managers
  • Finance managers.
  • Analysts
  • Directors/Senior Director
  • HOD
  • Professors
  • Vice President

USA CMA EXAMINATION PATTERN

Candidates for US CMA certification must complete all required examination parts.

Part 1: Financial Reporting, Planning, Performance, and Control (4 hours – 100 multiple-choice questions and two 30-minute essay questions)

Part 2: Financial Decision Making (4 hours – 100 multiple-choice questions and two 30-minute essay questions)

US CMA | CMA USA Candidate Handbook-Exam dates: The part 1 and 2 are offered during the following three testing windows:

  • January/February
  • May/June
  • September/October

Study Planner

This study planner is essentially an excel spreadsheet that helps you to:

  • Identify the number of study hours you have each week
  • Take into account the vacation days in between
  • Calculate the time required to go through all exam materials based on the number of hours you have
  • Specify the start and ending dates of each study unit so you can closely monitor your progress in the calendar

US CMA | CMA USA Candidate Handbook-For 2017 examination cost:

Entrance fees let you to take part in CMA Program. The fee ranges from $188 to $250.There was a increase in price for the examination fees in July 2015, the registration fee of the exam is $415 per part, which will added up to be $830.

Student 
 Young Professional 
Regular
 1. IMA membership [3] $39 $155$245
 2. CMA entrance fee $188 $250 $250
 3. Exam Registration
 Part 1 $311 $415 $415
 Part 2 $311 $415 $415
 Total $849 $1,235 $1,325

CMA Entrance Fee The CMA entrance fee for the certification program must be paid before taking the examinations. Candidates must complete the CMA program within three years from the date of entry into the program. If both exam parts are not successfully completed within three years of entering the certification program, any passed part will expire and the CMA entrance fee will have to be repaid.

The CMA Entrance Fee includes:

1. Access to the CMA Support Package beginning on the date of entry into the CMA program*

2. Performance feedback reports

3. Review of educational and experience credentials

4. Final score report upon completion of the exams

5. Personalized, numbered certificate upon completion of all requirements

6. Employer notification of achievement if desired

7. Maintenance of a listing of all CMAs in good standing on the IMA website for employer verification of status.

*Please note, the exam support package is not sufficient to prepare for the CMA exam and should be supplemented with a formal plan of study.

US CMA | CMA USA Candidate Handbook-Refund Policy

The CMA Entrance Fee is not refundable.

The examination fee is refundable within 30 days from the time you purchased the exam and if no appointment has been set with Prometric. A processing fee will be subtracted from the refund.

Education Qualification

To become a certified CMA, candidates must satisfy one of the following education requirements and submit verification of education to ICMA.

• Bachelor’s Degree from an accredited college or university.

• A partial listing of accredited International and US institutions is available at: http://univ.cc/world.php.

• Degrees that are not accredited must be evaluated by an independent agency. A listing of these agencies can be found at www.aice-eval.org or http://www.naces.org/members.htm.

• If you cannot locate your college or university on the accredited listing, please contact us at ima@imanet.org.

• Verification: All transcripts should be mailed directly from your college or university to the address below. If you cannot submit your transcripts, please mail us a notarised copy.

US CMA | CMA USA curriculum

CMA Entrance Fee The CMA entrance fee for the certification program must be paid before taking the examinations. Candidates must complete the CMA program within three years from the date of entry into the program. If both exam parts are not successfully completed within three years of entering the certification program, any passed part will expire and the CMA entrance fee will have to be repaid.

US CMA | CMA USA Candidate Handbook

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