download pdf - CMA - Certified Management Accountants

Certified
management
accountant
Part of the Navitas Group

Boost your career with the Certified
Management Accountant Program
The Certified Management Accountant (CMA) Program will
provide you with the skills needed to take your career to the
next level. Management accountants provide real time advice
and analysis to management, contributing to the strategy and
operations of an organisation.
Perth
Adelaide
Melbourne
Brisbane
Sydney
Management accounting
The work of a management accountant
focuses on internal reporting to aid in running
a better business or organisation. This role
differs from that of a financial accountant,
who produces regulatory and compliance
based reports for external stakeholders.
Management accountants apply
professional knowledge and skill to produce
reports that assist in the total planning,
strategy and control of an operation.
The specialist skill set of the management
accountant is highly-regarded by senior
management and is currently in demand in
many organisations.
ICMA and the CMA Program
The Institute of Certified Management
Accountants (ICMA) was established in
1996 with a vision to attain the status of a
premier professional body with a strong
membership base of practising
management accountants.
The Institute aims to promote and develop
management accounting and to foster
education, training and the exchange of
information and ideas relating to the
profession and its practice.
The Certified Management Accountant
(CMA) Program was designed to further
develop skills of analysis, evaluation and
synthesis in the areas of cost and
management accounting for associate
members and, in the process, create an
awareness of some current developments
in the profession.
The program can only be undertaken by a
student member who has met the
pre-requisite entry requirements of the
program, or by a graduate or associate
member of the institute.
Where can the CMA
Program take you?
By becoming a member of ICMA and
following the CMA Program, you will
open yourself up to a world of
professional opportunities.
Not only will you obtain the necessary skills
and experience needed to follow a career
as a management accountant across many
industries, you will receive workplace
recognition of your studies.
Completion of the CMA Program will enable
you to gain the following membership types
and become eligible to use the relative
post-nominals:
• Associate Management
Accountant (AMA)
• Certified Management
Accountant (CMA)
The CMA Program also fits in ideally with
those undertaking Masters in Accounting
and MBA programs. There are several
universities within Australia and around the
world that have the CMA sequence running
within their Masters programs.
“Companies rely on quality strategic
analysis to be able to confidently
chart a future course. The
management accountant is one of
the CEO and Board’s most valuable
advisers in this regard – they go
beyond the numbers and bring
together the best intelligence; leading
indicators from within and outside
the business. Without this information
and analysis you are flying blind.”
Emeritus Professor Peter Chandler
AM Chairman, RACV

Your path to becoming a CMA
Your CMA study path will be determined by your education
and experience levels.
The CMA Program
Eligibility:
Holders of accountancy undergraduate
degrees may be admitted directly to the
CMA Program.
Subjects:
There are two subjects in the CMA Program:
Paper 1: Strategic Cost Management
- delivered over 24 hours of
face-to-face seminars
Paper 2: Strategic Business Analysis
- delivered over 32 hours of
face-to-face seminars
Full details about the topics covered
in each of these subjects can be found
at navitas-training.edu.au/cma
Delivery
The program is presented at face-to-face
seminars at which specific topics will be
discussed. Pre-reading is required and
active participation is essential.
Practical application of the theoretical
content may include case studies or
workplace simulations.
Assessment
The final examination will consist of a
3-hour open book paper set by the ICMA.
The Graduate Conversion
Program (GCP)
The Graduate Conversion Program is
open to all senior managers who are
graduates or professionally qualified in
any discipline other than accounting.
Students completing the graduate
member program become Graduate
Management Accountants (GMAs) of the
ICMA. Graduate members can apply for
associate membership if they possess 3
years of relevant professional experience.
All graduate members and associates
(and those exempted from the graduate
membership level examinations) must
complete the two-unit CMA Program
and have 5 years of relevant professional
experience, in order to fulfil the requirements
of a Certified Management Accountant.
For more information on the GCP and what
constitutes relevant experience, please visit
navitas-training.edu.au/cma
Enrolment
For enquiries and information on
the CMA Program contact Navitas Professional
or visit navitas-training.edu.au/cma to
download an application form.
Once your application has been
received, your qualifications and
experience will be assessed by ICMA
and you will be eligible for either a student,
graduate or associate membership. At this
time you will also be advised of the subjects
you will need to undertake.
NAVITAS PROFESSIONAL
Navitas Professional is a division
of Navitas Ltd (NVT), the largest
education provider on the Australian
Stock Exchange. As a Registered
Training Organisation (RTO) with
over 20 years’ experience, we provide
quality vocational education services
in areas of key demand.
Navitas Professional is a recognised
provider of the Certified Management
Accountant Program.
Financial
Management
Financial
Statement Analysis
Non-accountants
Graduate Conversion
Program
(4 subjects)
Financial
Modelling
Management
Accounting
Graduate
Management
Accountant
(GMA)
Associate
Management
Accountant
(AMA)
Strategic
Cost Management
The CMA
Program
(2 subjects)
Certified
Management
Accountant
(CMA)
Accountants & MBAs
Strategic
Business Analysis
No experience
requirements
With 3 years
relevant experience*
With 5 years
relevant experience*
*Relevant experience in management accounting is broadly defined to include the gaining of experience in the provision of information in a wide range of
managerial functions including costing, pricing, marketing, strategy, financial analysis, logistics, information systems, etc.

Navitas
Professional
Sydney
Level 11, 17 York Street
Sydney NSW 2000 Australia
Melbourne
Level 3, 206 Bourke Street
Melbourne VIC 3000 Australia
Brisbane
Level 2, East Tower
410 Ann Street
Brisbane QLD 4000 Australia
T +61 (1)300 679 561
E cma@navitas-training.edu.au
The information contained in this brochure
is correct at the time of publication,
however, Navitas Professional reserves the
right to alter, amend or delete details at
any time without notice.
This brochure is provided
free of charge.
NP-0059-1112
Perth
Level 2, 15 Ogilvie Road
Mount Pleasant WA 6153 Australia
Adelaide
Level 5, 16-20 Coglin Street
Adelaide SA 5000 Australia
navitas-training.edu.au/cma
navitas.com