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Certified Management Accountant

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by

Morgan Flynn

on 30 May 2015

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Transcript of Certified Management Accountant

Job Description
Education
Requirements
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
Honest
Organized and Structured
Time management skills
Creative and Inquisitive
Detail Oriented
Business-Minded
Related Occupations
Earnings
Low: Under $87,500

Medium: $87,500 - $109,250

High: Over $109,250
Certification
Requirements
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 budgets

Create reports that are used to make business planning decisions.
Employment Outlook
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.

Skills Required
Responsibilities


•Budgeting

•Handling taxes

•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.
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Certified
Management
Accountant
Chief Financial
Officer
(CFO)
Chief Executive
Officer
(CEO)
Vice President of Finance
Finance Manager
Internal Auditor
Budget Analyst
Financial Analyst
Staff Accountant
Sources

"Management Accountant: Job Description
& Career Info." Education Portal. Education Portal. Web. 13 Oct. 2014. <http://education-portal.com/articles/Management_Accountant_Job_Description_and_Info_About_a_Career_in_Management_Accounting.html>.

"Salary." Cfstaffing.com. CFS, 1 Jan. 2014.
Web. 14 Oct. 2014. <http://www.brunercox.com/wp-content/uploads/2013/10/2014-Canton-Salary-Guide.pdf>.

Dwilson, Stephanie Dube. "Personal Qualities
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>.

"Certified Management Accountant
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.
10-14-14
<http://www.allbusinessschools.com/business-careers/article/role-of-the-management-accountant/>.

Now you know
all the basic information about certified management accountant.
THE END
Full transcript