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Which is better, CMA or CIMA?
Accountant) is the world's largest international organization of management accountants and one of the founding members of IFAC. CIMA is one of the five traditional accounting organizations in Britain with a history of more than 90 years. It is also the founding member organization of the International Federation of Accountants and the maker of global unified standards for management accounting.
UK NARIC, the British government agency in charge of immigration qualification grading, also rated CIMA's vocational qualification as a master's degree, and scored 35 points when applying for "high-tech immigration project".
Advantages of CIMA
I. Good reputation
CIMA is one of the five traditional accounting organizations in Britain with a history of more than 90 years. It is also the founding member organization of the International Federation of Accountants and the maker of global unified standards for management accounting.
Second, global development opportunities.
UK NARIC, the British government agency in charge of immigration qualification grading, also rated CIMA's vocational qualification as a master's degree, and scored 35 points when applying for "high-tech immigration project".
Committee of Military Affairs
IMA American Institute of Management Accountants
Advantages of CMA
1. International authoritative certification and global recognition;
2. Compared with other international certifications, the preparation time is shorter, the examination time is flexible (self-service appointment time), and it can be passed in one year;
3. Wide application range, not only applicable to the accounting field, but also applicable to enterprise management, strategic planning and other work.
4. It is well complementary to CPA and ACCA, which focus on the traditional financial accounting field.
5. The exam method is flexible, and the Chinese exam is introduced for the first time.
On the differences between CIMA and CMA from the perspective of career development;
If you just want to learn more about finance and management, CMA and CIMA are good choices. The difference is the difficulty and duration of the exam, but the period of obtaining the certificate is different. However, from the perspective of appreciation and job hunting, apart from academic qualifications, work experience and personal ability, American companies recognize CMA as far as certificates are concerned.
British companies (not all European companies) recognize CIMA. There are only three exams about accounting in the United States: USCPA, CMA and CIA, AICPA.
Is the traditional boss, the influence of CMA and CIA has not been as good as USCPA.
With CMA certificate, it is equivalent to having a stepping stone to seek high-paying positions in famous enterprises. CMA certificate can't guarantee a good job, but without CMA certificate, your competitiveness will be much lower. At present, there is a shortage of 3 million management accounting talents in China. Many central enterprises, state-owned enterprises and Fortune 500 companies have recognized CMA, and recruiting senior financial personnel clearly requires giving priority to CMA. It can be seen that CMA is already the standard for entering mainstream companies. Obtaining CMA certificate now is very helpful for future career development. According to statistics, the talent gap of management accounting in China is 3 million, and financial accounting practitioners are faced with the great challenge of transforming to management accounting. In 20 10, SASAC issued a red-headed document, requiring state-owned enterprises and central enterprises to train 1000 CMA talents. Companies such as Lucent, Motorola, Hitachi, Founder of Peking University and Caterpillar explicitly require CMA to give priority to admission.
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