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Certified Management Accountant
Transcript of Certified Management Accountant
Bachelor's degree in accounting, finance, or economics
Bachelor's degree programs cover financial accounting, management, business law, marketing, finance and taxation.
Accountants may also have a master's degree in accounting or a Master of Business Administration.
Bachelor's degree from an accredited college or university
A GRE or GMAT score in or above the fiftieth percentile or current certification in a comparable field such as Certified Public Accountant.
Personality Traits Needed
Strong Ethics and Integrity
Organized and Structured
Time management skills
Creative and Inquisitive
Low: Under $87,500
Medium: $87,500 - $109,250
High: Over $109,250
Certification is received by doing a 2-part written exam.
Must have a bachelor's degree to take the exam.
Have been working for at least two years in management accounting to take the exam.
Continue education throughout career.
Certified Management Accountant (CMA)
by Morgan & Rachel Flynn
Accounting 1, 2nd Hour
Analyze a company's past financial data to estimate future costs and revenues.
Create reports that are used to make business planning decisions.
In 2009, they received salaries thirty-one percent higher than non-certified accountants at comparable levels
Accountant jobs are projected to grow at twenty-two percent from 2008-2018, which is faster than average rate.
Increased corporate responsibility and financial laws are expected to help generate around 279,400 jobs during the next decade.
•Managing assets to helping determine compensation and benefits packages
•Aiding in strategic planning
Note that these responsibilities may range widely. Also the industry , company, time of year, and experience depend of which of these tasks you will be doing.
Analytical and detail-oriented.
Good math skills.
Understand current accounting principles.
Understand written and verbal communication skills.
Able to analyze and summarize complex information.
Understand business principles and finance.
Strong computer skills.
Good with spreadsheets and accounting software programs.
Leadership and managerial abilities.
Personal interaction skills.
Work well under pressure.
Vice President of Finance
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for an Accountant." Everyday Life. Global Post, 1 Jan. 2014. Web. 15 Oct. 2014. <http://everydaylife.globalpost.com/personal-qualities-accountant-4601.html>.
"Certified Management Accountant
Education Requirements and Career Info." Education Portal. Education Portal, 1 Jan. 2003. Web. 13 Oct. 2014. <http://education-portal.com/certified_management_accountant.html>.
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Career Info and Education Requirements." Education Career Articles RSS. Education Career Articles, 10 Jan. 2013. Web. 14 Oct. 2014. <http://educationcareerarticles.com/career-information/job-descriptions/certified-management-accountant-career-info-and-education-requirements/>.
"Role of the Management A
ccountant." All Business Schools. All Business Schools, 1 Jan. 2002. Web. 14 Oct. 2014.
Now you know
all the basic information about certified management accountant.