What is the difference between AICPA and CPA and CMA? Which is better?

In the eyes of many American companies and China companies listed in the United States, AICPA qualification certificate is one of the important conditions for accountants' promotion and salary increase. AICPA qualification certificate is preferred for positions such as chief financial officer and financial manager of foreign companies. China companies listed in the United States are even more eager for such talents. For those who have just entered employment or job hunting, it is also a weight to increase their professional competitiveness. In recent years, after successfully obtaining AICPA qualification certificate, more and more people immigrated to the United States or European countries to work. With AICPA qualification certificate, whether in the big four accounting firms, foreign-funded enterprises or Chinese-funded enterprises actively entering overseas markets, the development stage will be very broad, and their own value will be improved by leaps and bounds. Therefore, the development prospects of such talents in China are extremely broad.

Certified public accountant:

As one of the series of certificates of practicing qualification, certified public accountant has a job certificate, which means that you have certain qualifications in this professional field and can engage in higher-level work in this professional field. Their certificates also have the highest gold content. Many enterprises clearly require such certificates when recruiting middle and senior accountants, and their employment prospects are very good. A certified public accountant can enter an accounting firm to become a practicing member, or enter a large multinational enterprise, an audit firm and other senior personnel engaged in the accounting profession.

CMA:

In view of the "Guiding Opinions on Comprehensively Promoting the Construction of Management Accounting System" officially issued by the Ministry of Finance of China recently, the overall goal of "training a group of management accounting talents in China in 3-5 years, and striving to basically build a management accounting system with China characteristics through 5- 10 years" is clearly put forward, with theoretical system, guiding system, talent team construction and information construction as the main body, and at the same time promoting the development of management service market.

CMA certification is to serve more financial executives of Fortune 500 companies, multinational companies or foreign-funded enterprises to participate in enterprise decision-making, strategy formulation, enterprise risk control and enterprise performance improvement. CMA was introduced by the American Institute of Management Accountants (IMA) to meet the needs of the development of management accounting and the international operation of enterprises, which doomed CMA to keep pace with the development of enterprises all the time, and learned that CMA can be competent for the positions of cost accountant, management accountant, senior accountant, financial analyst, budget analyst, financial manager, chief financial officer, treasurer/group finance minister, chief financial officer (CFO) and chief executive officer (CEO).

With the rapid development of the world economy, the competition among enterprises is also increasing. In the face of such fierce professional competition, having an internationally recognized professional financial certificate is a favorable condition to maintain oneself from being eliminated or even promoted and raised. If the first decade is the world of ACCA in the accounting field, then the next decade is the world of CMA. CMA is an internationally accepted professional qualification certification for financial managers, the highest and top authoritative qualification certification in the field of global management accounting, and one of the highest paid financial professional qualifications in the United States and even the world. CMA has always been recognized as the gold standard in the international financial field, enjoying a world-renowned reputation and being recognized by 130 countries around the world.