US CMA | CMA USA Learning Outcome Statements
US CMA | CMA USA Learning Outcome Statements-Before going into that lets know a little bit about CA USA Course syllabus.
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 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.
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 specialty 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.
US CMA | CMA USA Learning Outcome Statements-CMA certification has been instrumental in advancing the careers of accounting and finance professionals from a variety of backgrounds. Hear just a few of their inspiring.
Bob Laux, CMA, CPA
Treasury Controller, Microsoft Corporation
(General Motors) said, “The only reason we even picked your résumé out of a stack of 100 was because the CMA was on it.
Brian Neale, CMA, CPA
Finance Manager, General Mills
The CMA allowed me to be eligible for a controller position.
Kim R. Wallin, CMA, CFM, CPA
Former Nevada State Controller
When I was actually elected, that’s when I said, ‘I know that I was elected because of my CMA.’ It made a big difference.
Virginia D. White, CMA
Corporate Purchasing Finance Director, Cummins
Getting my CMA has really helped within the finance ranks, because this certification is very much valued at our company.
Christian Cuzick, CMA
Senior Director of Finance, Janssen Canada, Johnson & Johnson
It looked like the CMA was a certification that they (Johnson & Johnson) supported. They reimbursed for it. And, on top of it, they actually were paying out a bonus, so as a part of your pay, you actually got rewarded.
E. Frank Impson, Jr., CMA, CFM
Accounting Manager, Mercedes-Benz Vans, LLC
Mercedes Benz said that they looked at the CMA and looked at some of the background and experience I had, and they said that’s what made me stand out.
Ashley Gibson, CMA, CPA
Manager, Deloitte & Touche LLP
I’m understanding truly what my clients are thinking on a day-to-day basis.
Jeremy Vryhof, CMA
Integrated Business Planning Manager, Stryker
It’s definitely made me more marketable.
Kevin Nembhard, CMA
Senior Manager, Finance Technology, Walmart
(Morgan Stanley) know from that credential that I have the mastery in the accounting field. So it puts me out there as an expert.
Irvin Andre Alexander, III, CMA, CFM, CPA
Vice President and Chief Financial Officer, WGBH
I had the unique opportunity of coming into the organisation and rebuilding the finance function from the ground up.
US CMA | CMA USA Learning Outcome Statements-USA CMA CERTIFICATION BENEFITS
- You will get international recognition
- 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.
- Career opportunities US CMAs in MNCs are in great scale all over the world.
US CMA | CMA USA Learning Outcome Statements-US CMA | CMA USA Quick Tips on Getting Started-USA CMA CAREER
Designations vary from
- Cost managers
- Relationship managers
- Finance managers.
- Directors/Senior Director
- Vice President
US CMA | CMA USA Learning Outcome Statements-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)
Exam dates: The part 1 and 2 are offered during the following three testing windows:
The percentage of marks that students are too score to pass the CMA exam is 72% for each of parts one and two. Considering the scope of the syllabus, and the complexity of the topics, the pass percentage over the years has not been very high.
US CMA | CMA USA Learning Outcome Statements-The following have been the pass percentage is in the CMA exams:
|JANUARY TO OCTOBER 2016||SEPT 14 TO JUN 16|
|Part 1 – Financial Reporting, Planning, Performance and Control||34%||35%|
|Part 2 – Financial Decision-Making||50%||50%|
Though the CMA examinations are computer-based, the results are not declared immediately since there are essay type questions that the candidates have to answer. After the evaluation of the essay type answers is complete. Approximately two weeks after this, the results are emailed to the candidates.
In case the candidate has been declared unsuccessful, It will provide them with a detailed report indicating their performance in each topic, including in the essay type questions. The candidates can use this report to understand what went wrong and prepare better for the retake.
US CMA | CMA USA Learning Outcome Statements
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