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. Accountant

    A professional person who performs accounting functions such ...
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. Budgeting

    Studying In The United States: New York City

    Advice for international students on how to budget if you want to go to college in New York City.
  4. Budgeting

    Studying in the United States: Boston

    With more colleges than most cities, Boston is a mecca for students from around the world. Here's what to budget to study there.
  5. Budgeting

    Studying in the United States: Chicago

    Would you enjoy going to college in Chicago? Here's what it's like to study and live in the Windy City.
  6. Credit & Loans

    Is An MIT Education Worth the Tuition?

    An education from MIT may look pricey on the surface, but the earning potential of graduates means it's usually a very solid investment.
  7. Personal Finance

    Grad School After College: Go Right Away Or Wait?

    Going sooner keeps the education momentum going, but there are times when it pays to wait. Here's how to decide.
  8. Professionals

    Top Financial Education Sources for Engineers

    A breakdown of the top financial education sources for engineers.
  9. Personal Finance

    SAT Vs. ACT: 6 Key Differences

    While there's some overlap in content, the ACT and SAT exams have significant differences that students should consider before choosing which to take.
  10. Investing

    What's a Run Rate?

    Run rate is a term used to denote annualized earnings extrapolated from a shorter time frame. Management uses the run rate to estimate future revenues.

You May Also Like

Hot Definitions
  1. Asset Class

    A group of securities that exhibit similar characteristics, behave similarly in the marketplace, and are subject to the same ...
  2. Fiat Money

    Currency that a government has declared to be legal tender, but is not backed by a physical commodity. The value of fiat ...
  3. Interest Rate Risk

    The risk that an investment's value will change due to a change in the absolute level of interest rates, in the spread between ...
  4. Income Effect

    In the context of economic theory, the income effect is the change in an individual's or economy's income and how that change ...
  5. Price-To-Sales Ratio - PSR

    A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the ...
  6. Hurdle Rate

    The minimum rate of return on a project or investment required by a manager or investor. In order to compensate for risk, ...
Trading Center