Certified Management Accountant (CMA)

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Definition of 'Certified Management Accountant (CMA)'

The Certified Management Accountant (CMA) designation is a globally recognized credential that demonstrates a professional's knowledge of financial management and decision-making. The CMA program is administered by the Institute of Management Accountants (IMA), and it is designed to help professionals develop the skills and knowledge they need to succeed in today's business world.

The CMA program is rigorous and challenging, but it is also rewarding. CMAs are in high demand by employers, and they earn a salary premium over their non-CMA peers. In addition, CMAs have the opportunity to advance their careers and make a real difference in the world.

The CMA program consists of four parts:

* Financial Reporting
* Planning, Control, and Decision Making
* Strategic Management
* Business Environment and Concepts

Each part includes a comprehensive exam that covers a wide range of topics. In addition to the exams, candidates must also complete a work experience requirement and submit a professional ethics statement.

The CMA program is designed to help professionals develop the following skills:

* Financial analysis and reporting
* Planning and decision-making
* Strategic management
* Business acumen
* Ethical leadership

CMAs use these skills to make a positive impact on their organizations. They help businesses make better financial decisions, improve their performance, and achieve their goals.

If you are interested in a career in financial management, the CMA designation is a valuable credential to have. It will help you develop the skills and knowledge you need to succeed, and it will open up a world of opportunities for you.

Here are some additional resources that you may find helpful:

* [IMA website](https://www.imanet.org/)
* [CMA program overview](https://www.imanet.org/certification/cma-program-overview)
* [CMA exam information](https://www.imanet.org/certification/cma-exam-information)
* [CMA work experience requirement](https://www.imanet.org/certification/cma-work-experience-requirement)

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