This is so ridiculous that upon receiving it, Colin did one of those cartoonish double-takes, […]
Tag: CGMA
Time Running Out for CGMA Candidates Suffering From Testophobia
Although there are 40-some-odd thousand CGMAs in the U.S. and 140k worldwide, anyone wanting to […]
Journal of Accountancy Just Randomly Mentioning the CGMA in Articles Now
Here's an unremarkable (albeit relevant and timely) article at JofA entitled "Salaries, demand on the […]
AICPA Knows They’ve Spent Truckloads Promoting CGMA, Hopes You’ll Make Some CGMA Friends
Since most of you have no appreciation WHATSOEVER for aggregation, you may have missed the […]
CGMA Designation Gives You an Edge, Says Insufferable AICPA Article
If you dare, try to get through the first two paragraphs of this post from […]
For the Judges Scoring at Home, Miss USA Is an Accountant But Not a CPA
As we mentioned this morning, Erin Brady, an accountant from Connecticut, was crowned Miss USA […]
AICPA Is All About Making the CGMA Legit
This week, I'm back in my old stomping grounds of Washington, DC for AICPA Spring […]
The AICPA’s CGMA Designation Is the Most Popular Management Accounting Designation in the U.S., Says AICPA
Oh look, the AICPA put out a press release that says the Chartered Global Management […]
Get Your CGMA Designation Before the Turd Gets Cold
I refuse to become a CGMA. If you are a CGMA, I will pretend to […]
Do You Really Want a Management Accountant Credential That Doesn’t Require Passing a Rigorous Multipart Exam?
Did you all remember that the Chartered Global Management Accountant designation was kicking off today? […]
The CGMA Is Coming to Accountants Near You, January 31st
If you’ve completely spaced it, the Chartered Global Management Accountant is a new credential that will be jointly offered by the AICPA and the CIMA. We first mentioned it back in the spring and yesterday, JofA informed us that the big coming out party would be January 31. Why the new credential, you ask? Well, mostly because it’s a crazy fucked up world out there, says CIMA CEO Charles Tilly:
“We are in an incredibly challenging world,” Tilley said, citing global economic risks, competitive pressures and demands on natural and other resources. “The world needs management accountants and CGMAs more than ever right now.”
Right! And we can think of at least one operation that is looking for immediate help.
[via JofA]
‘Chartered Global Management Accountant’ Is the New Credential from the AICPA, CIMA
Back in March, we reported that the AICPA and CIMA were kicking around the idea of working together on a new global management accountant credential. Today, the two organizations have officially rolled out their plans.
[T]he two accounting bodies will create the new CGMA designation to give management accountancy a higher profile in the United States and promote the professional development of management accountants across the globe. Backing the new CGMA designation will be an AICPA-CIMA joint venture with international resources and experience in management accounting and business.
This will compete with the IMA’s CMA designation which has proven to be a valuable credential, although not a very sought-after one. The CGMA won’t be available until 2012 but the press release doesn’t give a lot of details about how the designation will be earned:
It is proposed that the new CGMA designation will be issued to members early in 2012. AICPA voting members with at least three years working in management accounting or a financial management role would qualify for an accelerated route to obtaining the new designation. CIMA members, all of whom hold either an ACMA or FCMA, will be entitled to use the letters ACMA CGMA or FMCA CGMA if they wish to.
Those holding the new designation will commit to a program of developing and maintaining competency in management accounting as well as leadership and strategy. This knowledge base will be derived from an expert-panel assessment of skills and competencies needed to succeed in various career paths in management accounting.
The new CGMA will be issued by the AICPA and CIMA through a license with the joint venture, with membership remaining with the existing organizations.
So, anyone interested?
[via AICPA, CIMA]