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Completing CMA USA After CPA Will Provide a Great Boost To Your Career

Completing CMA USA After CPA Will Provide a Great Boost To Your Career

Completing CMA USA After CPA Will Provide a Great Boost To Your Career:-

US CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – making you the preferred choice of the potential employers. CMA certification is widely accepted in India and in the job markets of US, Canada, Europe, Middle East and China.

There are certain requirements that most professional finance qualification holders need to fulfill in order to maintain their professional competence and to enhance their ability to perform well in the ever changing business scenarios. This holds true for the Certified Management Accountants (CMA) certified professionals as well. They need to fulfill the CMA CPE (Continuing Professional Education) requirements specified by IMA on a yearly basis.

Completing CMA USA After CPA Will Provide a Great Boost To Your Career

About US CMA Course:-

The US CMA® Course is globally recognised, advanced-level credential appropriate for accountants and financial professionals in business. Achieving the US CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional
ethics – skills that are in demand by organisations around the world. The US CMA is offered by the Institute of Management Accountants (IMA) USA and the content is regularly reviewed by the Institute of Certified Management Accountants (ICMA).

It’s offered since 1972 and has certified 40,000 professionals. US CMA® enhances the value that you bring to your current position, or expand your career potential, it will help you set the standard for professional excellence.

The CMA Exam has a unique scoring system that can sometimes be confusing for candidates. Here’s everything you need to know to correctly interpret your CMA Exam score.

Completing CMA USA After CPA Will Provide a Great Boost To Your Career

About CPA:-

Globally Recognized: A Certified Public Accountant (CPA) is the highest standard of competence in the field of Accountancy across the globe. The CPA exam is administered by the American Institute of Certified Public Accountants (AICPA), which is the world’s largest accounting body.

CA and CPA: A CPA qualification is similar to the Indian CA qualification. In addition to the CA qualification, a CPA will have knowledge of US Generally Accepted Accounting Principles (GAAP), IFRS (International Financial Reporting Standards), Generally Accepted Accounting Standards (GAAS),US federal taxation and business laws. This gives great advantage to a CPA when working with US Based Financial firms or Indian firms working for US clients.

Completing CMA USA After CPA Will Provide a Great Boost To Your Career

Educational Requirements – CMA: Candidates can sit for the CMA examination as a student. Students pay less for the CMA entrance fee and exam fees. The best time to clear the CMA examination is during the junior and senior year of college. However, unless the bachelor’s degree is granted, the CMA certification will not be granted. A candidate has 7 years in his hand to pass the exam once the CMA exam is cleared.

Educational Requirements – CPA: For the examination, a candidate must complete 120 hours of undergraduate courses to sit for the CPA examination. The best time to clear the CPA examination is within 6 months of graduation. In case of Licensure, some state boards require candidates to complete 150 hours to receive the CPA certification. The best time to clear the examination is during the junior year of college.

Completing CMA USA After CPA Will Provide a Great Boost To Your Career

In this age of fierce competition, you have to stay ahead of the others to get the best job opportunities and grab the opportunities that come your way. Having the right set of qualifications and proving your worth in your workplace will help you to the top of the corporate ladder easily and comfortably.

The CMA qualification was introduced in 1972, and there are at present more than 37,000 CMA qualified professionals around the world. When it comes to securing a job, you will have to compete with at least some of them. You must consider doing CMA after CPA to add value to your resume and get a competitive advantage.

So, if you are planning to have a great career in accounting, then you must aim for doing CMA after CPA.

Completing CMA USA After CPA Will Provide a Great Boost To Your Career

Career Growth – CMA after CPA

  • As per IMA, out of 3 active CMAs in the USA, one is also a CPA. Typically these are the people who hold higher management positions in their organisations and draw better pay packages. If you want to be one of them then certainly you can go for the CMA examination after your CPA and become one of the chosen few.
  • The CMA certification is a great addition to other educational qualifications and it enhances analytical abilities and critical thinking skills of the candidates.
  • Most people find it very difficult to complete one professional qualification. However, if you are able to complete both CMAs and CFA then it will have a great impact on your resume. The recruiter who will be interviewing you will instantly know that you have been a diligent and systematic student, that’s why you have been able to complete both the qualifications. This will have a great impact and you will stand a better chance of sailing through in the interview.
  • CMAs on 61% more than then on CMA counterparts globally. By completing CMA after CPA you will stand to gain immensely in terms of the pay package that you will be getting.
  • An in-depth knowledge about all types of accounting will make you eligible to get a wide range of jobs. This will make it easier for you to get a job of your choice.

These are some of the compelling reasons why you can definitely go for a CMA qualification. If you are really good at managing your time, you can also do both simultaneously. However it will be best if you do CMA after CPA, in order to give both the courses the attention that they deserve.

Completing CMA USA After CPA Will Provide a Great Boost To Your Career

Use following books for CMA Inter

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