Certified Management Accountant - CMA

AAA

DEFINITION of 'Certified Management Accountant - CMA'

An accounting designation whose holder has formally demonstrated a mix of expertise in financial accounting and strategic management. This certification expands on financial accounting by adding management skills that help to make strategic business decisions based on financial information.

INVESTOPEDIA EXPLAINS 'Certified Management Accountant - CMA'

Entry to a Certified Management Accountant program requires a university degree. The program comprises a series of tests that participants need to pass to receive the designation. This accounting certification program is administered by an accounting association in each country, such as the American Accounting Association in the U.S. and the Canadian Academic Accounting Association in Canada.

RELATED TERMS
  1. American Accounting Association ...

    An organization that supports worldwide excellence in accounting ...
  2. Institute Of Management Accountants ...

    The umbrella association for financial professionals. The Institute ...
  3. National Association Of State Boards ...

    A U.S. nonprofit group founded in 1908 that seeks to enhance ...
  4. Technical Skills

    1. The knowledge and abilities needed to accomplish mathematical, ...
  5. Peter Principle

    An observation that in an organizational hierarchy, every employee ...
  6. Accounting

    The systematic and comprehensive recording of financial transactions ...
Related Articles
  1. Professionals

    Finding The Right Accounting Certification

    An accounting certification may be the boost your career needs. Find out how to get the most bang for your buck.
  2. Options & Futures

    The Alphabet Soup Of Financial Certifications

    We decode the meaning of the many letters that can follow the names of financial professionals.
  3. Investing Basics

    What are Financial Statements?

    Financial statements are a picture of a company’s financial health for a given period of time at a given point in time. The statements provide a collection of data about a company’s financial ...
  4. Personal Finance

    Which Degree Is Better For A Business Career?

    Business administration and finance degrees can both lead to good jobs. Finance builds more quantitative skills, administration gives broader training.
  5. Personal Finance

    Is An MBA The Best Bet For Finance, Econ Students?

    An MBA offers a fairly comprehensive business education, while a master's program in finance or economics focuses on a more narrow set of skills.
  6. Investing

    What's a Debit Note?

    A debit note is a document used by a seller to inform a purchaser of a dollar amount owed. As the name indicates, it is a note from the seller that a debit has been made to the purchaser’s account. ...
  7. Investing

    What's Capitalization?

    Capitalization has different meanings depending on the context.
  8. Savings

    What Will It Cost To Study Abroad in Florence?

    The career payoffs for study abroad can be huge, but can you afford it? Here's a rundown of what you'll need to budget for a semester in Florence.
  9. Fundamental Analysis

    The Best 5 Online Accounting Systems For Small Business

    Running a small business can be difficult, but thanks to these online accounting services, taking care of payroll doesn't have to be.
  10. Personal Finance

    MBA Vs. Executive MBA: Which Is For You?

    What's the difference between these degrees in cost and in value? Here's help in making your choice.

You May Also Like

Hot Definitions
  1. Risk Averse

    A description of an investor who, when faced with two investments with a similar expected return (but different risks), will ...
  2. Fixed-Charge Coverage Ratio

    A ratio that indicates a firm's ability to satisfy fixed financing expenses, such as interest and leases. It is calculated ...
  3. Efficiency Ratio

    Ratios that are typically used to analyze how well a company uses its assets and liabilities internally. Efficiency Ratios ...
  4. Fixed Cost

    A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses ...
  5. Subsidy

    A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy ...
  6. Sunk Cost

    A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business ...
Trading Center