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US CMA | CMA USA Scope Or Job Opportunities In Bahrain


US CMA | CMA USA Scope Or Job Opportunities In Bahrain

US CMA | CMA USA Scope Or Job Opportunities In Bahrain : The Certified Management Accountant (CMA) designation is a highly respected credential awarded by the Institute of Management Accountants (IMA) which is a US-based worldwide association for accountants and financial professionals working in business.

US CMA | CMA USA Scope Or Job Opportunities In Bahrain

US CMA | CMA USA Scope Or Job Opportunities In Bahrain :  In this globalised world, organizations require professionals such as Cost Accountants (CMAs) who have specialized knowledge on business strategy and value creation. The Cost Accountant being the foundation on which the enterprises are built, the specialized education and training by the Institute make the Cost Accountant a multi-faceted professional. CMAs are driving force in all economic activities, as they are the value creator, value enabler, value preserver and value reporter.

US CMA | CMA USA Scope Or Job Opportunities In Bahrain

US CMA | CMA USA Scope Or Job Opportunities In Bahrain : 

The right way to help a career grow is by taking up a professional specialization, in this case a CMA.

The certification comes with –

Part 1: It deals with four broad aspects – Planning, Financial Reporting, Control and Performance. Under this come cost management, performance management, planning, external financial reporting, forecasting, internal controls, and budgeting.

Part 2: It majorly deals with financial decision making which includes professional ethics, decision analysis, financial statement analysis, risk management, corporate finance and investment decisions.

The IMA conducted two comprehensive CMA salary surveys in 2010 and 2012 among the current and prospective CMAs in Dubai, UAE and the Middle East, together with two recent global surveys in 2014 and 2015. Here are some interesting findings:

US CMA | CMA USA Scope Or Job Opportunities In Bahrain

US CMA | CMA USA Scope Or Job Opportunities In Bahrain : 

The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance. The CMA is tailor-made for accounting and finance professionals at all levels, whether you want to enhance your value to your current organization or expand your career potential. Earning the CMA will make you part of a network of over 30,000 credentialed peers worldwide. The CMA program has been designed to meet the evolving needs of business – today and tomorrow. We look forward to helping you achieve excellence as a professional. Certification will confirm your proficiency in your chosen field and your dedication to personal and professional growth.

The Institute of Management Accountants is dedicated to excellence within the management accounting profession. The Certified Management Accountant (CMA) designation was developed in 1972 to provide an objective measure of an inpidual’s knowledge and competence in the field of management accounting. Only the CMA program recognizes the unique proficiencies required for success in this challenging profession.

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US CMA | CMA USA Scope Or Job Opportunities In Bahrain

US CMA | CMA USA Scope Or Job Opportunities In Bahrain : Cost Accountants are in great demand in government sector, private sector, banking & finance sector, developmental agencies, education, training & research sector as well as in service and public utility sector. Further, in view of their specialized knowledge and training, CMAs may hold top management position in public and private sectors’ enterprises like Chairman cum Managing Directors, Managing Director, Finance Director, Financial Controller, Chief Financial Officer, Cost Controller, Marketing Manager and Chief Internal Auditor and other important positions.

US CMA | CMA USA Scope Or Job Opportunities In Bahrain

US CMA | CMA USA Scope Or Job Opportunities In Bahrain : Objectives

  • To develop the area of management accounting as a recognized profession by identifying the role of the management accountant in the field of risk management, internal decision making, planning and cost management, budgeting etc.
  • To administer a certification designed to validate competence and practical skills of accountants employed by today’s dynamic business entities.
  • To set minimum criteria in measuring academic standards in the field of management accounting.
  • To embolden management accountants to keep abreast of the changing conditions in the global business environment and pursue continuing professional development.

US CMA | CMA USA Scope Or Job Opportunities In Bahrain

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