What is CMA? CMA Review

Career Directions

CMA represents the direction of accounting development. No matter you choose financial accounting, auditing, taxation, cost, budgeting, funding or other accounting modules, you will definitely enter the field of management accounting as your career develops, and it is very likely that you will eventually move to the *6 management level because of your fruitful work in the field of management accounting.

Courses

The CMA curriculum is relatively systematic and clear, divided into two parts, the first part is "Financial Reporting, Planning, Performance and Control", and the second part is "Financial Decision-making". The examination time is flexible, as long as you have finished studying and are confident of passing, you can make an appointment at any time. The average passing time is about one year.

Advantages of CMA (value)

1. Globally used, recognized by 180 countries

2. Listed as a national key talent training project by the State Administration of Foreign Experts Affairs

3. Included in the assessment scope of senior financial executives of central enterprises

4. Certified personnel have 54% higher income and 71% higher total income than their uncertified counterparts

5. The domestic management accounting talent gap is 3 million, while the traditional accounting gap is 20 million, which is seriously saturated.

6. There are only a few exam subjects, only two, but the learning content is extensive and practical.

7. The questions are simple, with only 100 multiple-choice questions and 2 questions and answers.

8. CMA certification cycle is short, the average passing time is 8 months, the fastest is 4 months

9. The exam language is flexible, with two options available: Chinese and English, with equal value

Certificate

Application conditions

1. Educational qualification restrictions

- Hold a three-year full-time college diploma recognized by the Ministry of Education

-Hold a bachelor's degree certificate recognized by the Ministry of Education

-Hold a master's degree certificate, a master's degree certificate, a doctoral degree certificate, or a doctoral degree certificate recognized by the Ministry of Education

- Hold a Certified Public Accountant (CPA) certificate certified by the Chinese Institute of Certified Public Accountants or an intermediate or senior accountant certificate (intermediate and senior accounting professional title certificate) certified by the National Accounting Qualification Evaluation Center; ACCA's fully qualified members meet the educational requirements of a CMA bachelor's degree (those who have only passed the examination but not obtained the certificate will not be accepted).

Special Notes:

Passing the CMA exam can exempt you from taking three ACCA courses.

(II) Work experience requirements

After passing the CMA exam, 2 years of finance-related work experience certification is required to obtain the CMA certification (the 2 years of work experience can be completed 7 years after passing the exam).

As soon as CMA was introduced to China in 2009, it was included in the national key talent training program by 16 major institutions including the Ministry of Finance, the State-owned Assets Supervision and Administration Commission, the Ministry of Commerce, and the Chinese Institute of Chief Accountants.