The Information on the Management Accounting Certification
Management Accountancy profession is one of the most sought after profession in the field of accountancy. It concerns primarily with the further growth of the organization. The management accountants are the people who prepare the financial reports on the basis of which the decision makers in the organization decide upon its future course of action. The reports prepared by the management accountants are solely meant for the internal purposes and not for the outside agencies like the auditors, the investment companies, the banks as well as the share holders and stock holders. A person who wishes to have a career in the field of management accountancy needs to have some professional qualification.
Some of the premier institutes that offer management accounting certification are:
- The Institute of Management Accountants
- The Chartered Institute of Management Accountants
Brief descriptions of the credentials as well as the programs that are offered by these institutes are:
- The Institute of Management Accountants: This institute offers the qualification of the Certified Management Accountants (CMA). The qualification offered by this institute is recognized all across the world. The institute is one of the premier institutes across the globe offering accounting knowledge as well as various skills to the future management accountants. The management accounting certification program that is offered by the institute cover areas like business analysis, strategic management, business applications, management accounting as well as reporting.
- The Chartered Institute of Management Accountants: This organization is a British organization that offers training as well as education in the field of management accountancy. The CIMA is one of the largest management accounting bodies in the world offering the courses in the field of management accounting. It is a member of the Consultative Committee of Accountancy Bodies as well as the international federations of accountants.
Both of these bodies offer management accounting certification that have well crafted curriculum in tune with the present day requirements of the businesses.