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benefits of CMA certifications

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 usha asked about 3 years ago

What are the benefits of CMA certifications?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered almost 3 years ago

CMA means Certified Management Accountant. It is professional qualification in the field of Finance and Accounts.Further it is a membership in the Institute of Cost Accountants of India. There are various scope for a Cost Accountant in Manufacturing Industries. They can be act in various designations such as Finance Manager, Cost Auditor, Energy Auditor, Cost Controller, Manager - Direct & Indirect Taxation,Cost Accountant etc.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Vinod.P answered about 3 years ago

Hi Usha CMA means Certified Management Accountant. It is professional qualification in the field of Finance and Accounts.Further it is a membership in the Institute of Cost Accountants of India. There are various scope for a Cost Accountant in Manufacturing Industries. They can be act in various designations such as Finance Manager, Cost Auditor, Energy Auditor, Cost Controller, Manager - Direct & Indirect Taxation,Cost Accountant etc. The manufactures could not raise the price of their product beyond a certain level based on the increase in cost of production. It is because of the competition in the market. So they had better to control the cost of production in every possible manner. So a Cost Accountant can advise or suggest and implement best cost control measures in manufacturing industry. Kind Regards Vinod.P

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