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Which one is more valuable, management accountant or mid-level financial accountant?
Management accountants are more valuable.
Management Accountant is a management accounting certificate program officially launched in May 2017 by the Beijing National Accounting Institute (BNAI), an institution directly under the Ministry of Finance of China.
Mainly to promote the construction of management accounting case library. The first batch of 63 cases and 40 second batch cases have been formed in the case library, and a management accounting case library with strong supporting guidance and strong typicality, demonstration and standardization has been initially formed.
Development:
As a branch of accounting, management accounting developed relatively late in China. Chinese management accounting has not yet played its due role in serving economic and social development, conducting in-depth analysis of unit operating conditions and expenditure benefits, formulating strategic planning, operating decisions, process control and performance evaluation. China has trained a large number of certified public accountants.
However, there is a serious shortage of management accounting talents who know how to look backward and keep accounts, but also know how to look forward and can serve decision-making. In accordance with the current deployment of comprehensively deepening reforms, combined with the requirements of establishing a modern enterprise system and a modern financial system, it is necessary to accelerate the development of management accounting with Chinese characteristics and cultivate China's own certified management accountants based on the needs of economic and social development and market demand.
Reference for the above content? Baidu Encyclopedia—Management Accountant
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