Course Details

The CMA certification is offered through the Institute of Management Accountants. Certification is achieved through a 2-part written exam. The first part assesses examinees' understanding of topics like planning, budgeting and forecasting, performance management, Internet controls and professional ethics. The second part tests decision analysis and risk management, financial statement analysis, investment decisions, corporate finance and professional ethics.

To qualify for the exam, accountants must possess a bachelor's degree and have been working for a minimum of two years in management accounting. Most universities with accounting degree programs offer CMA exam preparation courses. In addition to passing the exam, CMA candidates must also commit to participating in continuing education throughout their careers.