Are you ready to start studying and preparing to take the CMA exam in 2024? That’s great! The IMA has implemented some changes to the content of the exam beginning on September 1, 2024, which are outlined in the latest Learning Outcome Statements. According to the IMA, the governing body responsible for CMA certification, the exam’s content is “regularly reviewed to ensure that current topics are appropriately updated and relevant to business practices. The updated exam more closely aligns with the knowledge, skills, and abilities that an accountant or financial professional in business uses o ..read more

Preparing for the Certified Management Accountant (CMA) exam is no joke. It takes time, planning, and a lot of self-motivation. Starting out with the best CMA study materials will boost your chances of passing the CMA exam on your first try. It makes sense that the test is tough because the CMA accounting certification is a distinction that sets you apart. As a certified management accountant, you can become the CFO of a company or work in business accounting. How you study for the CMA exam is the beginning of all these possibilities. And it will take some work. That’s why I have put together ..read more

As someone who has helped thousands of accountants pass the CMA exam, I know firsthand how stressful and difficult rescheduling your test date can be. Life inevitably gets in the way of our plans, and deciding to postpone taking the CMA is never an easy choice – it’s important to know when it’s the right call to reschedule your exam date and how to properly go through the process with the Institute of Management Accountants (IMA). I’ll cover the top reasons you may need to reschedule your CMA exam, the best time to reschedule, step-by-step instructions for rescheduling through Prometric, frequ ..read more

What is a CMA? If you have ambitions to be a leader, not just in accounting but in financial management and business strategy, understanding the role of a Certified Management Accountant is essential. The CMA certification is granted by the Institute of Management Accountants, an international body with a long history of ensuring members meet high professional standards. Successful candidates have a proven skill set in areas like budgeting and forecasting, risk management, corporate investing, leadership, and even IT and analytics. As a CMA, you can achieve a lot in your career. You’ll find ma ..read more

The Certified Management Accountant Certification qualifies you to work in high-level accounting and business leadership roles. Issued by the Institute of Management Accountants (IMA), this unique credential has been globally recognized for more than 50 years. If you have the ambition to be a CFO or function in the upper realms of financial leadership, CMA accounting is a great way to get there. To become a CMA, you’ll have to pass the CMA exam and finish work requirements. All of this is achievable and this article will take you through all the steps you need to succeed. I know because I’ve d ..read more

As an accountant, there are several paths you can choose when it comes to accelerating your career. We talk about the CMA often here, but two similar choices might be right for you – CGMA and ACCA. These certifications offer similar career trajectories and salaries, but there are key differences that could allow you to thrive with one in particular. In this article, I’ll discuss these three designations for accountants. Their associated organizations, the requirements and costs associated with each, and how much time you’ll spend studying. Plus, the different professional development opportuni ..read more

So here’s the deal on CMA careers. You’re a new member of the IMA, have passed the CMA exam, fulfilled all of your CMA certification requirements, and are now officially a Certified Management Accountant. You’ve buffed up your CMA resume and are eager to get networking to land your first post-CMA designated job. But you’re stuck. Stuck because you don’t really know what kind of certified management accounting careers are out there. Sure you see job titles like Chief Financial Officer or Corporate Controller, but does that qualify you? Is this what is considered a CMA career? Well wonder no mor ..read more

Artificial intelligence (AI) has reached buzzword levels. It’s everywhere. AI’s rapid adoption across many industries is transforming how we work. But how will it affect leaders in the corporate world? In this post, I’ll discuss artificial intelligence’s impact on leadership, how corporate leaders can leverage AI to be more effective, and what skills will become more important as AI becomes more prevalent. Impact of AI on Leaders Can AI Replace Leadership? How AI Will Change Corporate Operations Challenges and Considerations of AI in Corporate Leadership Stay in Demand in an AI World with a C ..read more

Artificial intelligence (AI) is revolutionizing many jobs, automating manual, repetitive tasks and increasing efficiency and productivity. Accounting is no different. Embracing technological innovations that make our daily work more efficient will allow us to be more precise and get more done. Many AI software options can take your accounting practice to new heights. In this guide, I’ll discuss how accountants use AI, the benefits of AI accounting software, and the best AI software options available in the market. How Is Artificial Intelligence Used in Accounting? Artificial intelligence uses ..read more

Management accounting goes beyond traditional financial accounting and analyzes financial information for internal decision-making, strategic planning, and performance evaluation. Management accounting courses and certifications deepen your accounting understanding and enhance your career prospects. Whether you’re an entry-level professional seeking to expand your skill set or an experienced accountant aiming to advance your career, the comprehensive knowledge gained from these courses will empower you to thrive in management accounting. How do you find the right management accounting course f ..read more