[financeguy]

anyone know?

AUD - 81, BEC - 74, 80, FAR - 82, REG - 81
Done!

[italianCPA]

They're two different certifications totally independent from each other.

However, the CPA certification is much more widely regarded.

FAR - 7/26/10 - 95
AUD - 8/10/10 - 88
BEC - 8/31/10 - 88
REG - 10/15/10 - 95

[financeguy]

have you ever heard of the CIMA?

AUD - 81, BEC - 74, 80, FAR - 82, REG - 81
Done!

[italianCPA]

Yes, right now. Google is great! 🙂

FAR - 7/26/10 - 95
AUD - 8/10/10 - 88
BEC - 8/31/10 - 88
REG - 10/15/10 - 95

[potatogun]

I think the purposes are different but at the same time because the CPA is so much more widely known that I am not sure it is worth pursuing the CMA initially. Perhaps after obtaining your CPA down the line it would be good plus you get out of the first section if you already have a recognized credential.

The CMA is gaining recognition though.

FAR 92 - AUD 91 - REG 94 - BEC 86

[italianCPA]

@ Potatogun

They just changed the exam (from four parts to two parts).

I don't think you can get out of a part if you hold a CPA license anymore.

FAR - 7/26/10 - 95
AUD - 8/10/10 - 88
BEC - 8/31/10 - 88
REG - 10/15/10 - 95

[jeff]

CPA > CMA in terms of prestige.

Give it the neigborhood test…go ask your neighbor next time he is mowing the lawn and ask them if they know what a CPA is…”yeah…it's like an accountant” would be the average Joe response.

Then ask them about a CMA. “Never heard of that” will be Joe's response.

With that said – adding a CMA to your CPA designation is a VERY good idea career-wise.

AUD - 79
BEC - 80
FAR - 76
REG - 92

Jeff Elliott, CPA (KS)
NINJA CPA | NINJA CMA | NINJA CPE | Another71

[financeguy]

Are you planning on adding it Jeff?

AUD - 81, BEC - 74, 80, FAR - 82, REG - 81
Done!

[jeff]

Yes I am actually…sometime this fall maybe??

AUD - 79
BEC - 80
FAR - 76
REG - 92

Jeff Elliott, CPA (KS)
NINJA CPA | NINJA CMA | NINJA CPE | Another71

[Anonymous]

Does getting a CMA require as much studying as the CPA exam?? I really don't want to sacrifice my life again. lol

[Anonymous]

CAcpahopeful2010 – With only two exams I don't possible see how it can worse than the CPA exam. By no means do I think it is easy but it is only two exams.

[Vern]

That is a great question. I wonder this myself all the time. I would eventually like to get my CMA (If I could manage to pass the CPA). I have heard a couple people say CMA is harder than the CPA, but nobody that I know actually holds both certificates. I looked at a few salary comparisons and the CMA makes more over a lifetime. I also heard that each CMA question is adaptive giving you more and more difficult questions if you get them correct. It something that I haven't had the time to really look into because CPA review runs my life. The good part is they give you the score once you press done. Does anybody know the recommended study hours for the two parts?

I don't think there are as many study programs as well.

Audit Passed
FAR Passed
REG Passed
BEC ??

[Vern]

In addition to my last post, does anybody know about a CIA? I think you have two years in Internal Auditing to be eligible for the exam. Has anybody studied for this? I can't imagine the exam being as difficult as a CPA or CMA, but I'm clueless.

Audit Passed
FAR Passed
REG Passed
BEC ??

[limey]

CMA is better known at the industry level.

It's not hard, but I'm too lazy to study for the CIA.

I really can't pass again!

[Vern]

Lee_IN – I have CPA's tell me all time that the exam is easier now that it is broken down into four parts. Who really knows which system is tougher. I guess I would rather go into a 2 part test knowing that they're going to pass the top 40%, etc.

A colleague of mine came up freaked out bc of the new CMA exam changes. In my ignorant opinion, does anybody really feel like the difficulty exam doesn't matter. They are looking for the top 40% taking the exam.

Audit Passed
FAR Passed
REG Passed
BEC ??

[limey]

Hey Vern – I know of a number of CPA-passers who have passed the CIA – they all said it was pretty easy. Unless they've changed it, the CIA accepts 24 months of public or private experience, can be a mix; there's 4 exams parts, and you can be excused from the last part if you already have a CPA.

It's pretty much all qualitative – haven't seen much in the way of numbers. A lot of questions about hierarchy, who can change policy, who to notify about this/that, how to plan and assess risk, what is the COSO framework and corresponding 5 concepts, etc.

What I'm not too sure about is the CPE required or accepted for CIAs. It doesn't seem like CIA-related CPEs are accepted for CPA CPEs, don't know if it's okay the other way around.

I really can't pass again!

[Author]

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