Many upper level managers who primary duties are not accounting have one of the following certifications:...
Many upper level managers who primary duties are not accounting have one of the following certifications: Certified Management Accountant (CMA) or Certified Global Management Accountant (CGMA). What are the requirements to earn this certification? What might the benefits of this certification be?
Homework Answers
Certified Management Accountant- Requirements to earn this certificate:
- He/She should have a membership of Institute of Management Accountants (IMA).
- Should have a Bachelor degree or any professional course.
- Should have 2 years of experience.
- Should pass both levels of CMA exam.
Benefits- CMA is considered highly and professionally qualified in the corporate sector. It is good for career growth and it also provides good package.
Certified Global Management Accountant- Requirements to earn this certificate:
- Should have a membership of American Institute of certified public accountants (AICPA).
- Should pass the CGMA exam.
- Should have a minimum 3 years of experience.
Benefits- CGMA is also a highly and professionally qualified exam. He/She can go in any country and work at higher package.
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