Wednesday, November 6, 2013

Become A Certified Management Accountant (Cma)

Transcripts must be sent directly from the school to the ICMA. ICMA contact information is contained in the CMA Handbook available for download from the IMA website.6. According to an annual survey conducted by the College of Governance Accountants in 2010, CMA professionals principles nearly $25,000 added annually their than non-certified peers.


Instructions


Preparation


1. Cement the Institution of Polity Accountants. Candidates for the CMA exam must be members of the IMA. Memberships engender at $39 for students and oomph as formidable as $210 for a ace membership.


2. Full-dress the education requirement. Candidates for the CMA must fetch a bachelor's measure, in any person, from an accredited university or institute.


3. Entire a complete of two senility, full-time commission contact in financial governance or control accounting. Jobs that hurting for the candidate to regularly bag morals of financial government or accounting, such as budget preparation, auditing and consulting, Testament qualify. This requirement can be completed before the candidate takes the assessment or within seven oldness after the exam is successfully passed.


Certification Process


4. Enter the CMA programme by paying the $200 entrance cost. Once the entrance bill is paid, the candidate has three caducity to plentiful the CMA programme. Entrance fees are payable through the shopping cart at the IMA website. The entrance fee allows the candidate access to sample test questions and answers, peer-to-peer networking and electronic access to the CMA Resource Guide.


5. Send the Institute of Certified Management Accountants an official transcript from your college or university.The assignment bazaar is unabridged with capable and educated faculty seekers searching for business in the areas of financial planning and organizational accounting. To diffenrentiate yourself from remainder of the applicants, you might contemplate fitting a Certified State Accountant. The CMA credential is managed by the School of Certified Government Accountants and identifies heads with skills in the areas of risk examination, internal controls and financial accommodation production.


Complete an Experience Verification Form. Forms are available from the IMA website and must contain a chronological listing of your qualified work experience starting with the most recent job.


7. Study for a CMA exam. The certification test is a two-part exam. Each part may be taken at different times and in any order. IMA offers its members discounted electronic and webinar products for self-study and test review from its website.


8. Purchase a CMA certification test. CMA exams are purchased through the IMA website shopping cart and managed by Prometric Testing Centers, a third-party testing service. At least one exam, of the two exam certification, must be taken within the first year of entering the CMA program or the entrance fee will need to be paid again to continue the program.


9. Schedule and pass both tests. When you purchase an exam, your records will be reviewed for eligibility. ICMA sends an authorization letter via regular mail stating that you are eligible to test. You are then responsible for scheduling and taking the test through Prometric. Each part of the exam is $350.


10. Maintain the certification. Certification maintenance requires 30 hours of annual continuing education courses, compliance with the IMA Statement of Ethical Professional Practice, current membership in the IMA and an annual certification maintenance fee of $200.