Certified Management Accountant (CMA) is a certification in financial accounting and strategic management.
Furthermore, unlike other accounting certifications, CMA is a globally recognized credential with a special focus
on corporate finance and management accounting. Consequently, it may be useful to get a brief perspective of
CMA before we dive into how it can enrich your career.
This professional certification is offered by the Institute of Management Accountants (IMA). Institute of
Certified Management Accountants (ICMA) is a division within IMA which awards CMA certification. Also, IMA is
headquartered in New Jersey and has a reach in over 140 countries.
IMA has been promoting and advancing CMA credential, creating a global benchmark for management
accounting professions for over 40 years through its rigorous certification examination. The organization,
formerly known as National Association of Accountants, was founded nearly 100 years ago in 1919 in Buffalo,
NY. Subsequently, the name of the organization has undergone a couple of iterations and was changed to IMA
in 1991 to emphasize the role played by accountants and financial professionals working inside organizations.
The CMA program is composed of two parts
Each Part Duration : 7 months
Part I: Financial Planning, Performance, and Analytics
Part II: Strategic Financial Management
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