What is CMA all about? What are its job prospects in India?

manpreet Best Answer 2 years ago

The CMA (Cost Management Accounting) is the globally recognised, advanced-level credential appropriate for accountants and financial professionals in the business. Achieving the 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. A CMA qualified professional can be a part of internal reporting team of a company. A CMA has to find out ways to make the company more profitable. To become a CMA, one has to pass 2 parts i.e. Part I and Part II which is conducted in the four windows around the year in any prometric center.

manpreet 2 years ago

The Certified Management Accountant (CMA) is professional credential career potential in the field of Accounting and Financial management. CMA syllabus includes Financial Reporting, Planning, Performance, and Control Financial Decision Making. CMA is the US equivalent of the Indian Cost Accountant qualification from The Institute of Cost Accountants of India (formerly ICWAI). CMAs have knowledge of Financial Planning and Analysis, Financial Management, Internal Controls Risk Management. Cost Management. Performance Management, Decision Analysis and Professional Ethics. CMA certification opens a lot of opportunities for candidates in the domestic as well as the global market. It will help you to enhance your financial, accounting and management skills that will expand your career potential and which will help you to stand out from the rest of the crowd. The credentials and knowledge base of a CMA is a big advantage when working with MNCs, financial services or consulting firms.