Which professional certificate is more recognized in internal auditing career, CIA or CPA?
To boost your internal auditing career, you should go for CIA certification as it will provide you with the credibility of a specialized internal auditor also it is globally recognized besides its quite easier than CPA. I am CIA holder and it has definitely given me boost in the right direction. However, if Internal auditing is not your call or you wish to have more opportunities, then CPA is for you. So the decision is on you Is internal auditing your life goal then go for CIA.
Is the professional certificate in accounting or auditing (CPA, CMA, CIA) a requirement to apply for the Express Entry program under NOC 1111?
No. You need to have relevant education/exposure in the sub heads but the qualifications you mentioned are mandatory. Even Bcom with relevant work ex will qualify like a charm. All the Best!
Question to people in the Accounting field?
If your college offers an internship as part of the degree, you might be able to get a position at an accounting firm. You can also be an internal accountant for businesses, you could work with the IRS if your strong suit is tax accounting, or you could go into forensic (criminal justice) accounting and work with your state Bureau of Criminal Investigaion or the FBI. Talk to your guidance counselor and someone within the business department of your intended college about just what you can do with your degree...but be aware: to be a CPA, you might need to get a master's in accounting.
How good is CMA as a course compared to other accounting courses?
‘Goodness’ of any course can only be defined in terms of ‘purpose’ of pursuing it. It’s difficult to generalise. So technically, it’s a very subjective question. It would be easier to find out the ‘purposes’ that CMA can serve. Let’s divide them in three : Educational, Monetary, and Reach.EDUCATIONALCMA or Certified Management Accountant certification is a professional credential that can be earned in the advanced management accounting and financial management fields like financial planning, analysis, control, decision support, and professional ethics. To be specific, the curriculum it offers is :Financial Reporting, Planning, Performance and control- External Financial Reporting Decisions , Planning, Budgeting & Forecasting, Performance Management, Cost Management, Internal Controls Financial Decision Making -Financial Statement Analysis, Corporate Finance, Decision Analysis Risk Management , Investment Decision, andProfessional Ethics.This course structure is designed specifically to validate mastery of the advanced skills required to manage finance functions within an organisation, enabling you to deliver value in today's complex business environment.2. MONETARYCMA holders have a high earning potential. Some of the profiles offered are Financial Analyst / Internal Auditor / Senior Executive / Finance Manager / Business Analyst / Pricing Analyst / Director- Finance / Chief Financial Officer (CFO). The salary typically ranges from 5LPA to 50 LPA (or even more) with the fast increments and appraisals.3. REACHThe demand for CMAs in India is increasing with the arrival of MNCs and flow of off-shore establishments into our country. CMA, being an international certification by IMA, has a great value globally as well. Over the years the CMA has been growing and extending its global presence, and is now well known in countries like US, China and throughout the Middle East. Top finance firms recognises it as an authentic and coveted course.If all these serve your ‘purposes’ and aspirations then CMA is a ‘good’ course for you.ALL THE BEST !
Can a CWA (now CMA) with an MBA in finance enhance my career?
Before understanding this ‘coveted’ mix, let’s understand the academics of these courses and their relevance in the industry.1.CMA or Certified Management Accountants certification is a professional credential that can be earned in the advanced management accounting and financial management fields. Practically, CMA are designed for accountants working outside of CPA firms. This essentially means 3/4 of all accountants working in various industry and corporate functions. The CMA is most applicable for those who deal with cost and inventory accounting.2.MBA provides a broader area than just core http://finance.An MBA along with core finance subjects you need to cover other subjects like basic marketing,product management which helps students in getting a general management role in an organisation.So, in general, these courses are designed for specific and slightly different purposes and hence have little overlap. But pursuing both of these will certainly give an advantage in terms of understanding different domains, enhancing relevance in industry, and climbing corporate ladder with high pace which will definitely result in great packages. Having both is certainly a “win-win” strategy that works for many people, but then, either MBA or CMA require significant commitment for one to pursue because it demands hard work and dedication.CMAs are in demand and their scope of work is widespread. Today, CMAs hold responsible positions like Financial Analyst, Management Accountant, Costing & Budgeting Manager, Strategic Planner, Accounts Receivable/Payable Manager, Internal Auditor etcDeeper insights about the courses can be taken from experts at SuperProfs. SuperProfs consists of world class experts in different domains like finance, accounting, management, etc. Here, you can enjoy enlightening 24 *7 video lectures taught by India's Best & Most Experienced Teachers. And SuperProfs now provides free 3 hours trial! So research, try and take an informed decision.REGISTRATION LINK FOR CMA LIVE ONLINE Coaching by SuperProfs (http://bit.ly/CMAOnlinePrep)Also superProf app is available now for android users.Link to download the app is SuperProfs - Exams made easy - Android Apps on Google Play (SuperProfs - Exams made easy - Android Apps on Google PlayALL THE BEST!
What is CMA?
A Certified Management Accountant (CMA) is a certification for professionals who have displayed ability in financial accounting and strategic management. It augments the proficiency in financial accounting by honing the skills that helps in making strategic business decisions on financial data. It is a U.S.-based, globally recognized certification offered by the Institute of Management Accountants.A CMA certified person is not bounded by the type of organisation and can work in any industry, be it in a manufacturing sector or a service sector, hence is an asset to any company he works in. They work in the areas of financial planning, analysis, and management decision-making in a company.So, they have an extensive range of career options and some of the titles that a CMA can hold are :Cost AccountantInternal AuditorBudget AnalystFinancial AnalystVice President, FinanceChief Financial OfficerChief Executive OfficerThe Certified Management Accountant Exam is a two part exam that must be passed to be certified as a CMA and the exam can be given during three testing window periods: January/February, May/June and September/October at Prometric centers. You can go through CMA study plan for inter and final - Exam Dates & Timings to know more about the course.Hope your question is answered now.
What is CMA?
A Certified Management Accountant (CMA) is a certification for professionals who have displayed ability in financial accounting and strategic management. It augments the proficiency in financial accounting by honing the skills that helps in making strategic business decisions on financial data. It is a U.S.-based, globally recognized certification offered by the Institute of Management Accountants.A CMA certified person is not bounded by the type of organisation and can work in any industry, be it in a manufacturing sector or a service sector, hence is an asset to any company he works in. They work in the areas of financial planning, analysis, and management decision-making in a company.So, they have an extensive range of career options and some of the titles that a CMA can hold are :Cost AccountantInternal AuditorBudget AnalystFinancial AnalystVice President, FinanceChief Financial OfficerChief Executive OfficerThe Certified Management Accountant Exam is a two part exam that must be passed to be certified as a CMA and the exam can be given during three testing window periods: January/February, May/June and September/October at Prometric centers. You can go through CMA study plan for inter and final - Exam Dates & Timings to know more about the course.Hope your question is answered now.