Becoming a CPA or CMA
According to the Institute of Management Accountants, CPAs and CMAs earn 47% more in the U.S. than their working peers that do not hold the CMA or CPA designation.
Certified Public Accountant (CPA)
Certified Public Accountants, or CPAs, are individuals that have completed certain academic courses, the rigorous Uniform CPA exam, and meet certain work experience requirements to enable them to practice public accounting in the state which they are licensed. There are many possibilities in different industries for professionals that possess these licenses, some career paths include:
- Public accounting
- IT consulting
- Private accounting
- Tax & Estate Planning
- Financial forensics
- Governmental sector
- Business valuation
- Nonprofit organizations
- Personal financial planning
To learn more visit the AICPA’s website. Many of the accounting classes offered by Mission help prepare students to become CPAs.
Certified Management Accountant (CMA)
The CMA is a professional certification in management accounting. The CMA opens many career paths for individuals, here are some examples of the positions that CMAs hold:
- Staff Accountant
- Finance Manager
- Cost Accountant
- Internal Auditor
- Vice President, Finance
- Budget Analyst
- Financial Analyst
- Chief Financial Officer (CFO)
- Senior Accountant
- Chief Executive Officer (CEO)
To become a CMA, individuals must meet certain educational requirements, pass an exam covering financial reporting and financial decision-making, and meet various work experience requirements. To learn more about the CMA, visit the Institute of Management Accountant’s website.
Mission College can help prepare students in their pursuit of these two well-recognized credentials.