Many people are actually confused between a CPA or a CMA. When you are looking for a job in the accounting field, you will actually have to reach that credential or suffix after your name to make it stand out. But if you do not know which the right credential is for you, you should redefine your career goals and take it from there.
Before you enroll for your CMA prep course, you should be certain that this is what you really want. The CPA and CMA have different focus areas when it comes to expertise. So, you have to know what type of accounting you really want to do. For example, if you are fond of doing some auditing jobs and tax works, you can actually go for the CPA certification. This also includes representation of companies in IRS audits. On the other hand, if you are fond of cost accounting, management tasks, financial planning, decision making and analysis, you should go for the CMA credential.
Being a CMA will give you the edge of getting hired in large manufacturing and industrial companies. You may be instilled in certain managerial positions involved in control and management of plant and accounting matters. If you are hired in the corporate level, you may be involved directly in financial reporting positions. Moreover, if you want to travel, you can just opt for CPA certification and stop the thought of enrolling on a CMA prep course. That is not the path for you.
The next thing that you have to do is to check if you are really qualified to take the certification exam. You should actually meet all the licensing requisites. Indeed, the job of a CMA is not that easy. This is the main reason why the profession must be regulated at all times.
In your prep course, you will be taught about all the matters mentioned before through adequate knowledge and training in answering practice exams. You should take your review course seriously because retaking the exam would be much of a hassle. Passing the CMA exam will give you more opportunities.
No comments:
Post a Comment