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Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan

Douglas Sledge

Good Day,

It has been/is my opinion the base problem with CMA recognition is professional interaction ownership.  The CPA is given, by law and code, attestation and review rights such as: opinions, reviews, audits, compilations, certifications, etc.    

I have suggested for some time that the ICMA develop an analysis, or some such action, to take ownership and administration of, while setting standards for related professional work..   Yes, an Analysis, to differentiate it from designated CPA rights. The analysis could be directed toward: budgets, projections, and internal reporting of customers of Banks and other financial institutions looking for financing.  The analysis would provide an added assurance to bank officials as to the validity of loan qualification supporting documents. Recently, legal issues are being scrutinized as to correct asset valuation by loan seekers.  The CMA would be designated in the ICMA standards as the professional authorized to develop and approve such an analysis.

Sledge
Douglas A. Sledge, CPA Management Accountant

Douglas A. Sledge, CPA, CGMA. CMA. MBA
Certified Advanced QBO QuickBooks ProAdvisor
256-443-1624

Plan, Organize, Implement, Control.

Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan

Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan

The way I explain it to those who have a basic understanding of accounting is:  "A CMA is to operations what a CPA is to the audit and tax."  

Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan

The way I explain it to those who have a basic understanding of accounting is:  "A CMA is to operations what a CPA is to the audit and tax."  

Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan

Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan

My current analogy is comparing a general practitioner doctor to a specialist, such as a cardiologist. While both doctors know about the heart, would you go to a GP for a serious heart problem or would you go to a cardiologist? Similarly, CPAs and CMAs both know accounting. If you are looking for a specialist on budgeting, forecasting, cost analysis, etc., go with the specialist, the CMA.

Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan

My current analogy is comparing a general practitioner doctor to a specialist, such as a cardiologist. While both doctors know about the heart, would you go to a GP for a serious heart problem or would you go to a cardiologist? Similarly, CPAs and CMAs both know accounting. If you are looking for a specialist on budgeting, forecasting, cost analysis, etc., go with the specialist, the CMA.

Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan

My current analogy is comparing a general practitioner doctor to a specialist, such as a cardiologist. While both doctors know about the heart, would you go to a GP for a serious heart problem or would you go to a cardiologist? Similarly, CPAs and CMAs both know accounting. If you are looking for a specialist on budgeting, forecasting, cost analysis, etc., go with the specialist, the CMA.

Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan

Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan

One way I like to think of it is that if you want to improve your reporting, hire a CPA. If you want to improve your results, hire a CMA.

Hi,

I'm curious how anyone has explained the value of the CMA to prospective employers?

Thanks,

Morgan