download pdf - CMA - Certified Management Accountants
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<strong>Certified</strong><br />
management<br />
accountant<br />
Part of the Navitas Group
Boost your career with the <strong>Certified</strong><br />
<strong>Management</strong> Accountant Program<br />
The <strong>Certified</strong> <strong>Management</strong> Accountant (<strong>CMA</strong>) Program will<br />
provide you with the skills needed to take your career to the<br />
next level. <strong>Management</strong> accountants provide real time advice<br />
and analysis to management, contributing to the strategy and<br />
operations of an organisation.<br />
Perth<br />
Adelaide<br />
Melbourne<br />
Brisbane<br />
Sydney<br />
<strong>Management</strong> accounting<br />
The work of a management accountant<br />
focuses on internal reporting to aid in running<br />
a better business or organisation. This role<br />
differs from that of a financial accountant,<br />
who produces regulatory and compliance<br />
based reports for external stakeholders.<br />
<strong>Management</strong> accountants apply<br />
professional knowledge and skill to produce<br />
reports that assist in the total planning,<br />
strategy and control of an operation.<br />
The specialist skill set of the management<br />
accountant is highly-regarded by senior<br />
management and is currently in demand in<br />
many organisations.<br />
I<strong>CMA</strong> and the <strong>CMA</strong> Program<br />
The Institute of <strong>Certified</strong> <strong>Management</strong><br />
<strong>Accountants</strong> (I<strong>CMA</strong>) was established in<br />
1996 with a vision to attain the status of a<br />
premier professional body with a strong<br />
membership base of practising<br />
management accountants.<br />
The Institute aims to promote and develop<br />
management accounting and to foster<br />
education, training and the exchange of<br />
information and ideas relating to the<br />
profession and its practice.<br />
The <strong>Certified</strong> <strong>Management</strong> Accountant<br />
(<strong>CMA</strong>) Program was designed to further<br />
develop skills of analysis, evaluation and<br />
synthesis in the areas of cost and<br />
management accounting for associate<br />
members and, in the process, create an<br />
awareness of some current developments<br />
in the profession.<br />
The program can only be undertaken by a<br />
student member who has met the<br />
pre-requisite entry requirements of the<br />
program, or by a graduate or associate<br />
member of the institute.<br />
Where can the <strong>CMA</strong><br />
Program take you?<br />
By becoming a member of I<strong>CMA</strong> and<br />
following the <strong>CMA</strong> Program, you will<br />
open yourself up to a world of<br />
professional opportunities.<br />
Not only will you obtain the necessary skills<br />
and experience needed to follow a career<br />
as a management accountant across many<br />
industries, you will receive workplace<br />
recognition of your studies.<br />
Completion of the <strong>CMA</strong> Program will enable<br />
you to gain the following membership types<br />
and become eligible to use the relative<br />
post-nominals:<br />
• Associate <strong>Management</strong><br />
Accountant (AMA)<br />
• <strong>Certified</strong> <strong>Management</strong><br />
Accountant (<strong>CMA</strong>)<br />
The <strong>CMA</strong> Program also fits in ideally with<br />
those undertaking Masters in Accounting<br />
and MBA programs. There are several<br />
universities within Australia and around the<br />
world that have the <strong>CMA</strong> sequence running<br />
within their Masters programs.<br />
“Companies rely on quality strategic<br />
analysis to be able to confidently<br />
chart a future course. The<br />
management accountant is one of<br />
the CEO and Board’s most valuable<br />
advisers in this regard – they go<br />
beyond the numbers and bring<br />
together the best intelligence; leading<br />
indicators from within and outside<br />
the business. Without this information<br />
and analysis you are flying blind.”<br />
Emeritus Professor Peter Chandler<br />
AM Chairman, RACV
Your path to becoming a <strong>CMA</strong><br />
Your <strong>CMA</strong> study path will be determined by your education<br />
and experience levels.<br />
The <strong>CMA</strong> Program<br />
Eligibility:<br />
Holders of accountancy undergraduate<br />
degrees may be admitted directly to the<br />
<strong>CMA</strong> Program.<br />
Subjects:<br />
There are two subjects in the <strong>CMA</strong> Program:<br />
Paper 1: Strategic Cost <strong>Management</strong><br />
- delivered over 24 hours of<br />
face-to-face seminars<br />
Paper 2: Strategic Business Analysis<br />
- delivered over 32 hours of<br />
face-to-face seminars<br />
Full details about the topics covered<br />
in each of these subjects can be found<br />
at navitas-training.edu.au/cma<br />
Delivery<br />
The program is presented at face-to-face<br />
seminars at which specific topics will be<br />
discussed. Pre-reading is required and<br />
active participation is essential.<br />
Practical application of the theoretical<br />
content may include case studies or<br />
workplace simulations.<br />
Assessment<br />
The final examination will consist of a<br />
3-hour open book paper set by the I<strong>CMA</strong>.<br />
The Graduate Conversion<br />
Program (GCP)<br />
The Graduate Conversion Program is<br />
open to all senior managers who are<br />
graduates or professionally qualified in<br />
any discipline other than accounting.<br />
Students completing the graduate<br />
member program become Graduate<br />
<strong>Management</strong> <strong>Accountants</strong> (GMAs) of the<br />
I<strong>CMA</strong>. Graduate members can apply for<br />
associate membership if they possess 3<br />
years of relevant professional experience.<br />
All graduate members and associates<br />
(and those exempted from the graduate<br />
membership level examinations) must<br />
complete the two-unit <strong>CMA</strong> Program<br />
and have 5 years of relevant professional<br />
experience, in order to fulfil the requirements<br />
of a <strong>Certified</strong> <strong>Management</strong> Accountant.<br />
For more information on the GCP and what<br />
constitutes relevant experience, please visit<br />
navitas-training.edu.au/cma<br />
Enrolment<br />
For enquiries and information on<br />
the <strong>CMA</strong> Program contact Navitas Professional<br />
or visit navitas-training.edu.au/cma to<br />
<strong>download</strong> an application form.<br />
Once your application has been<br />
received, your qualifications and<br />
experience will be assessed by I<strong>CMA</strong><br />
and you will be eligible for either a student,<br />
graduate or associate membership. At this<br />
time you will also be advised of the subjects<br />
you will need to undertake.<br />
NAVITAS PROFESSIONAL<br />
Navitas Professional is a division<br />
of Navitas Ltd (NVT), the largest<br />
education provider on the Australian<br />
Stock Exchange. As a Registered<br />
Training Organisation (RTO) with<br />
over 20 years’ experience, we provide<br />
quality vocational education services<br />
in areas of key demand.<br />
Navitas Professional is a recognised<br />
provider of the <strong>Certified</strong> <strong>Management</strong><br />
Accountant Program.<br />
Financial<br />
<strong>Management</strong><br />
Financial<br />
Statement Analysis<br />
Non-accountants<br />
Graduate Conversion<br />
Program<br />
(4 subjects)<br />
Financial<br />
Modelling<br />
<strong>Management</strong><br />
Accounting<br />
Graduate<br />
<strong>Management</strong><br />
Accountant<br />
(GMA)<br />
Associate<br />
<strong>Management</strong><br />
Accountant<br />
(AMA)<br />
Strategic<br />
Cost <strong>Management</strong><br />
The <strong>CMA</strong><br />
Program<br />
(2 subjects)<br />
<strong>Certified</strong><br />
<strong>Management</strong><br />
Accountant<br />
(<strong>CMA</strong>)<br />
<strong>Accountants</strong> & MBAs<br />
Strategic<br />
Business Analysis<br />
No experience<br />
requirements<br />
With 3 years<br />
relevant experience*<br />
With 5 years<br />
relevant experience*<br />
*Relevant experience in management accounting is broadly defined to include the gaining of experience in the provision of information in a wide range of<br />
managerial functions including costing, pricing, marketing, strategy, financial analysis, logistics, information systems, etc.
Navitas<br />
Professional<br />
Sydney<br />
Level 11, 17 York Street<br />
Sydney NSW 2000 Australia<br />
Melbourne<br />
Level 3, 206 Bourke Street<br />
Melbourne VIC 3000 Australia<br />
Brisbane<br />
Level 2, East Tower<br />
410 Ann Street<br />
Brisbane QLD 4000 Australia<br />
T +61 (1)300 679 561<br />
E cma@navitas-training.edu.au<br />
The information contained in this brochure<br />
is correct at the time of publication,<br />
however, Navitas Professional reserves the<br />
right to alter, amend or delete details at<br />
any time without notice.<br />
This brochure is provided<br />
free of charge.<br />
NP-0059-1112<br />
Perth<br />
Level 2, 15 Ogilvie Road<br />
Mount Pleasant WA 6153 Australia<br />
Adelaide<br />
Level 5, 16-20 Coglin Street<br />
Adelaide SA 5000 Australia<br />
navitas-training.edu.au/cma<br />
navitas.com