CGMA Designation - Page 2

  • Creator
    Topic
  • #172656
    J.P.
    Participant

    I have the experience to get the designation right now, just need to pay the $150. Does this seem like a worthwhile venture, especially with an exam being needed in the near future, or is it another money grab by the AICPA?

    Anyone have this designation or thought about getting it?

    BEC - 11/25/08-61, 8/31/09-76*, 2/24/12-76
    AUD - 2/21/09-53, 8/31/10-60, 11/30/11-83
    REG - 11/30/09-68, 5/31/12-79
    FAR - 8/29/11-81

    IL Ethics - 93

    *Lost to 18-month Rule

Viewing 15 replies - 16 through 30 (of 40 total)
  • Author
    Replies
  • #361040
    Sandra
    Member

    Not hating anyone, but I think any certification you had to do nothing for means nothing. But then again I might just be bitter because I had to learn $hit to get my CMA and don't even get “Global” or anything cool included with my designation.

    I really hope that employers recognize this as another bull$hit designation that people have just paid for. Its really not much different than people buying their college degrees online.

    #361042
    jeff
    Keymaster

    Don't hate us for being Global!!! 😀

    CMA is in my plan later this year as well.

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    #361043

    The people on here take this stuff a bit too serious. As long as your aren't grossly negligent and don't blatantly lie about your expertise you will be fine. They aren't going to just strip your license away for any old reason. I mean you need to do something seriously bad to get it taken away.

    #361044
    Mr. Mini
    Member

    You don't feel that deceiving the public and employers is serious?

    #361045

    Uh no, no I don't. I actually deceive my employer all the time. One of the partners asked me the other day how tall i was. i told him six four, even though I'm only six three and a quarter. As for deceiving the public, on my license it says I'm only six foot. I haven't changed it since I first got it. Hehe

    #361046
    mla1169
    Participant

    I agree the title itself could be more appropriate, but if it's the AICPA that determines the qualifications, and the AICPA who currently issues the designation, then who would be in the position to take action against somebody without global experience? If anybody is going to be questioned on the implications of this credential it's the issuer rather than the members.

    FAR- 77
    AUD -49, 71, 84
    REG -56,75!
    BEC -75

    Massachusetts CPA (non reporting) since 3/12.

    #361047
    Mrs 300
    Participant

    Sandra makes me laugh every single day. Love it.

    REG - 80 (Becker only)
    BEC - 76 (Becker only)
    AUD - 71, 76 (Becker only)
    FAR - 65, 74, 81! (Becker, Wiley Test Bank, Ninja notes & Audio)

    CPA Class of 2012 🙂

    #361048
    jenuno01
    Member

    *wakes up from a Napuela*

    Class of 2012

    #361049
    jeff
    Keymaster

    Mini accusing people of deception is like Harry Reid accusing Romney of not paying taxes (see Jon Stewart video – https://www.thedailyshow.com/watch/wed-august-1-2012/you–harry-reid–are-terrible ).

    He doesn't know your resume … but you're guilty until proven otherwise?

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    #361050
    Mr. Mini
    Member

    Getting political, are we? I'd usually find a way to argue with you but I know we are on the same page politically.

    I never accused anyone individually. I'm just suggesting that it would be deceptive to hold yourself out to be a CGMA if you do not have the appropriate expertise to be considered a global managerial accountant.

    #361051
    mla1169
    Participant

    Mini why doesnt that seem to be of concern to the AICPA? Surely they are aware of what the designation implies. I think jeff's point is so long as you decline a specific engagement that you are not qualified to take on, you're good to go.

    FAR- 77
    AUD -49, 71, 84
    REG -56,75!
    BEC -75

    Massachusetts CPA (non reporting) since 3/12.

    #361052
    jeff
    Keymaster

    Sorry – NOT being political … not opening that can of worms today. Since it was Jon Stewart (instead of Hannity) I thought it was safe.

    mla is exactly right.

    I know managerial accounting … I've done it in a private corp and I have worked with it in an international environment.

    If I am a CPA/CGMA/ABC/123 and take an engagement … I darn well better make sure I'm up to par or I'm not taking the engagement…or my azz can get sued/fired.

    But…I thought we all knew that already??? It should be a given.

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    #361053
    Mr. Mini
    Member

    The AICPA is well aware of what the designation implies. The dollar signs associated with global expansion and thousands and thousands of new members is all they care about. It is all about money and power. A majority of the AICPA membership disapproves of the new designation. Go to any of the LinkedIn groups that discuss the designation and it is abundantly clear that the majority of members are displeased. There really is no liability for the AICPA though. They can offer designations and hand them out like candy all day long. It is sad that the AICPA is not even performing any due diligence or experience checks with the applicants.

    Declining specific engagements is a good start. However, putting the designation on resumes, business cards, and email signatures all gives off the appearance that you have the necessary expertise to perform as a global management accountant. Using the designation goes far beyond just accepting or declining certain engagements.

    #361054

    “I'm just suggesting that it would be deceptive to hold yourself out to be a CGMA if you do not have the appropriate expertise to be considered a global managerial accountant.”

    Listen, if he has a CGMA, he obviously has the expertise to have it. OTHERWISE HE WOULDN”T HAVE IT.

    Since when do you doubt someone's expertise even though they have a specific designation. Based on what your saying I should doubt my lawyer because he may not have the expertise even though HE'S A LAWYER!

    #361055
    Mr. Mini
    Member

    Jeff – Nobody is questioning your specific credentials or qualifications. There are a TON of CGMAs who are every bit qualified to call themselves global management accountants. Unfortunately, there are also a ton of just out of school, freshly minted CPAs who are jumping on the bandwagon and paying $100 for a designation they know nothing about. The designation is only going to be as strong as the requirements to obtain it and the members who use it. Time will tell if the marketplace will accept the designation or shun it.

Viewing 15 replies - 16 through 30 (of 40 total)
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