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CPA vs CMA

Confused about whether to go for CPA and CMA? Here are some key aspects that would help you choose right<br><br>Info on CPA at: https://mileseducation.com/cpa<br>Info on CMA at: https://mileseducation.com/cma

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CPA vs CMA

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  1. CPA or CMA Scratching your head over whether to go for CPA or CMA? Let’s clear the riddle by looking into some key aspects that would help you choose the right certification matching your forte! CPA CMA Authorizing Body US CPA is accredited by the American Institute of Certified Public Accountants (AICPA) US CMA is accredited by the Institutes of Management Accountants (IMA) Knowledge Domain Covers both US GAAP & IFRS (equivalent to IND AS) US GAAP for financial statements and SEC reporting requirements Eligibility Requirements Bachelor’s Degree with F&A specialization + 120 university credits Bachelor’s Degree (be completed prior to or within 7 years of the exam) Exam Parts Exam Parts US CMA exam is tested in 2 parts covering 12 competencies US CPA exam is tested in 4 parts (AUD, FAR, BEC, REG) Subjects Covered Auditing & Attestation, Financial Accounting & Reporting & Business Environment Concept Performance Management, Cost Management, Internal Controls, Financial Statement Analysis, Corporate Finance & Decision Analysis. Preparation Timeframe US CPA takes around 12-18 months to complete US CMA takes around 6-8 months to complete Job Profiles Internal Auditors, Tax & Management Consultants, financial forensics, valuation, financial planning, and IT consulting or CFO Cost Accountant, Financial Controller, Risk Analyst, Finance Manager or CFO As far as your growth and choice are concerned, it depends on how you measure your future prospects, it could be “hefty wealth” or “job satisfaction.” www.linkedin.com/school/mileseducation www.facebook.com/miles.cpa.cma www.instagram.com/miles.cpa.cma www.twitter.com/mileseducation www.youtube.com/c/MilesEducationCPACMAReview

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