download pdf - CMA - Certified Management Accountants

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.
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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