About CMA

The educational objectives of the Institute of Certified Management Accountants (ICMA) in Australia & New Zealand are to further the development of management accounting education in the universities and schools in Australia and internationally; to encourage research into the application of management accounting theory and practice; and to provide continuing professional development for its members.

In order to achieve the above objectives, a number of educational programs are offered by the Institute. The CMA program is its flagship program, and open only to Accounting Graduates, Professional Qualified Accountants of other recognized bodies, and the Institute’s Graduate (GMA) and Associate (AMA) members.

Who Should Attend?

• Professional accountants (ACCA, CPA, CA, ICWA, ICSA or equivalent)
• Business Analysts
• Industrial and Services Accountants
• Financial Analysts & Controllers
• Any senior staff responsible for the provision of decision information in their organization

Key Learning Outcomes

• Identify the basic conventions and doctrines of strategic managerial accounting
• Identify major contemporary issues that have emerged in managerial accounting
• Discuss a number of issues relating to the design and implementation of cost management models in modern firm

Why become a CMA?

• A gateway to a more successful business career with higher earning potential, commanding a salary 28% greater than non-certified peers in Australia; and 56% more globally.
• A variety of positions with titles from financial analyst and controller to vice president- finance and chief financial officer (CFO).
• The potential for increases in salary, even during a difficult economic environment.
• Greater credibility both domestically and abroad as a strategic advisor and business partner
• A passport to a variety of businesses from multinational corporations to small and mid-size firms operating in countries all over the world.

Entry Criteria

• Degree or equivalent professional qualification in accounting or finance or MBA.

Assessments based on years of experience

• As exams are not possible under COVID-19 restrictions, all participants with less than 20- years’ experience need to attend CMA Program and submit required assignment(s); i.e., between 10-20 years – 1 assignment and less than 10-years – 2 assignments.
• Over 20 years’ experience – Attend the CMA Program only (in class assessment)

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