+ All Categories
Home > Career > Management Accountant Certifications

Management Accountant Certifications

Date post: 23-Jan-2017
Category:
Upload: nathan-liao-cma
View: 197 times
Download: 0 times
Share this document with a friend
22
How to decide which Management Accounting Certification is right for you
Transcript

How to decide which Management Accounting Certification

is right for you

www.cmaexamacademy.com

There are so many management accounting certifications out there that it can get a bit confusing.

In order to help clear the air, I’m going to break down four of the leading management accountant certifications across the globe.

www.cmaexamacademy.com

4There are

main certifications:

IMA - United States CPA - Canada CIMA - United Kingdom ICMA - Australia

www.cmaexamacademy.com

Institute of Management Accountants

— United States of America

www.cmaexamacademy.com

IMA oversee the CMA in the USA and they currently have over 70,000 members

k+

You must pass a 2-part exam AND acquire 2 years of relevant work experience in

order to earn your designation

www.cmaexamacademy.com

Average Salary?

Annual salary has been continuously rising since 2012 and is now

$115,952 USD

www.cmaexamacademy.com

Certified Professional Accountant

— Canada

www.cmaexamacademy.com

Originally the CMA Canada until they merged with 2 other associations in 2013

Now there are

125,000 members

+ 20,000

candidates & students

www.cmaexamacademy.com

Want to work globally?

Unfortunately, the qualifications and requirements been designed to benefit only those who reside in Canada

www.cmaexamacademy.com

Average Salary?

CMA’s in Canada can earn anywhere between

$45,343 - $133,709CAD annually

www.cmaexamacademy.com

Chartered Institute of Management Accountants

— United Kingdom

www.cmaexamacademy.com

With over 218,000 members and students from 177 countries, it is the largest management

accounting association across the globe

www.cmaexamacademy.com

Criteria for becoming a member:

✓ Pass 15 qualifying exams ✓ 3 Years relevant work experience ✓ Endorsement from your supervisor

www.cmaexamacademy.com

Average Salary?

Those who are CIMA qualified earn more than twice the national average and taking home £61,816

www.cmaexamacademy.com

Institute of Certified Management Accountants

— Australia

www.cmaexamacademy.com

Established in 1996 they have accumulated 2500 members

It’s not formally linked with any other professional bodies, but they offer exemptions to the Australian exams if you obtained your CA or CPA in another country

www.cmaexamacademy.com

So which designation should you go for?

www.cmaexamacademy.com

Depending on where you intend on practicing, your two best designation

options are the CIMA or IMA

CIMA - recognized across the globe - connections with other designations

IMA - has stronghold in US, Asia &

Middle East - only 2 qualifying exams vs. 15

www.cmaexamacademy.com

How much can you make?

Below is a breakdown of the average annual salary of a CMA based in each country:

United States - $115,952 USD and growing Canada - $81,052 CAD United Kingdom - £53,309 Australia - $87,839 AUD

www.cmaexamacademy.com

Fun Fact:

USA IMA is the only option offering a

6 FIGURE SALARY

www.cmaexamacademy.com

Do you want to earn a

6-figure salary as a CMA too?

www.cmaexamacademy.com

Let me help you pass on the very first try. Visit:

www.CMAExamAcademy.com


Recommended