CMA Study Group

Doubt

  • 1.  Doubt

    Posted 27 days ago
    Hello everyone !
       I have cleared both the parts in jan-feb window . I just completed my undergraduation . As said I'm a fresher I need little guidance regarding what job role should I choose in order to complete the CMA requirements.I'm from India.

    Thanks and regards,
    Keerthikaa Sabhari.



  • 2.  RE: Doubt

    Posted 27 days ago
    Dear Keerthikaa,

    Please find below experience requirement as mentioned in CMA handbook. You can go for a job where you have exposure to finance functions mentioned below.

    Experience Qualification
    Candidates for the CMA certification must complete two continuous years of professional experience in
    management accounting and/or financial management. This requirement may be completed prior to or
    within seven years of passing the examination. Teaching qualifies as related professional experience
    when it is full-time and at least 60% of the course load taught is accounting or finance above the
    principles level over a two-year period. Professional experience is expected to be gained in full-time
    employment. However, continuous part-time positions of 20 hours per week meeting the definition of
    qualified experience will count toward this requirement at a rate of one year of experience for every
    two years of part-time employment.
    Qualifying experience consists of positions requiring judgments regularly made employing the principles
    of management accounting and financial management. Such employment includes:
    • Preparation of financial statements
    • Financial planning and analysis
    • Monthly, quarterly, and year-end close
    • Auditing (external or internal)
    • Budget preparation and reporting
    • Manage general ledger and balance sheets
    • Forecasting
    • Company investment decision making
    • Costing analysis
    • Risk evaluation
    • Management information systems analysis
    • Management accounting and auditing in government, finance, or industry
    • Auditing in public accounting
    Employment requiring the occasional application of management accounting principles such as in
    computer operations, sales and marketing, manufacturing, engineering, personnel, and general
    management will not satisfy this requirement. Internships and trainee, clerical, or nontechnical
    positions do not provide appropriate experience to fulfill this requirement.

    Regards,
    Anoop

    ------------------------------
    Anoop Paliyath
    Accountant
    Mustafa Sultan Ent
    Ruwi
    Oman
    ------------------------------