AICPA to come up with own form of CMA?

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  • #184093
    gg2929
    Member

    I have heard that the AICPA may come up with its own form of the CMA exam, which essentially would put the IMA out of business, you would think. Has anyone else heard anything like this? Does this hold any validity?

Viewing 15 replies - 1 through 15 (of 16 total)
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  • #522194
    Anonymous
    Inactive
    #522238
    Anonymous
    Inactive
    #522196
    Study Monk
    Member

    I heard of it. I doubt it will put the CMA out of business since the CMA is supposedly recognized internationally. Many professionals who already have the CMA , who are in charge of hiring in a lot of cases, would have to turn their back on their own certification to make the CMA lose its value. It's kind of like Harvard grads deciding that they won't hire anyone from Harvard, because Stanford is better. The CMA's will always be more biased towards hiring people with the same certification all other factors being equal. I also suspect that this new certification will take a few years to become widely known.

    I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

    "Do 5000 multiple choice questions for each section"

    #522240
    Study Monk
    Member

    I heard of it. I doubt it will put the CMA out of business since the CMA is supposedly recognized internationally. Many professionals who already have the CMA , who are in charge of hiring in a lot of cases, would have to turn their back on their own certification to make the CMA lose its value. It's kind of like Harvard grads deciding that they won't hire anyone from Harvard, because Stanford is better. The CMA's will always be more biased towards hiring people with the same certification all other factors being equal. I also suspect that this new certification will take a few years to become widely known.

    I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

    "Do 5000 multiple choice questions for each section"

    #522198
    gg2929
    Member

    The teacher of my cost class said that its something she came across, but has little to no information on it. She mentioned something about pairing internationally, so the CGMA does fit that part of the description. It was unclear however if it was something in the works or something already established. Thanks.

    #522242
    gg2929
    Member

    The teacher of my cost class said that its something she came across, but has little to no information on it. She mentioned something about pairing internationally, so the CGMA does fit that part of the description. It was unclear however if it was something in the works or something already established. Thanks.

    #522200
    Study Monk
    Member

    I don't think I would pursue the CGMA, because it doesn't role off the tip of my tong well:) I have my CGMA license. I am a CPA is easier to say than I am a CGMA lol.

    I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

    "Do 5000 multiple choice questions for each section"

    #522244
    Study Monk
    Member

    I don't think I would pursue the CGMA, because it doesn't role off the tip of my tong well:) I have my CGMA license. I am a CPA is easier to say than I am a CGMA lol.

    I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

    "Do 5000 multiple choice questions for each section"

    #522202
    gg2929
    Member

    Is this something that could be useful in corporate tax? In the sense that business decisions are not made without the tax effects in mind. Figuring out the cost analysis, ect. with the tax effects?

    #522246
    gg2929
    Member

    Is this something that could be useful in corporate tax? In the sense that business decisions are not made without the tax effects in mind. Figuring out the cost analysis, ect. with the tax effects?

    #522204
    Anonymous
    Inactive

    I don't know too much about it. I'm pretty sure it is established. For CPAs, I don't believe there is any additional testing requirement. Just 3 years of management accounting experience. Until that changes, the CMA will still be around.

    #522248
    Anonymous
    Inactive

    I don't know too much about it. I'm pretty sure it is established. For CPAs, I don't believe there is any additional testing requirement. Just 3 years of management accounting experience. Until that changes, the CMA will still be around.

    #522206
    Study Monk
    Member

    I would think the CFP would be a better pairing with a CPA for a tax accountant, unless you are doing the taxes for fortune 500 companies.

    I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

    "Do 5000 multiple choice questions for each section"

    #522250
    Study Monk
    Member

    I would think the CFP would be a better pairing with a CPA for a tax accountant, unless you are doing the taxes for fortune 500 companies.

    I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

    "Do 5000 multiple choice questions for each section"

    #522208
    jeff
    Keymaster

    I think the designation will gain more traction once they have an exam for it.

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