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No BA needed for earning Certified Management Accountant PDF Print E-mail
By Eskedar Kifle   
Monday, 04 February 2013 14:06

Institute of Certified Management Accountants (ICMA) Board of Regents, has voted to relinquish its usual bachelor’s degree requirement for Association of Chartered Certified Accountants (ACCA) members who wish to earn IMA’s Certified Management Accountant credential. The ICMA represents the certification division of Institute of Management Accountants (IMA).
“ACCA and IMA share consistent values, one of which is opportunity. This waiver offers a clear and tangible opportunity for all ACCA members. Both organizations recognize the value of certification and learning that comes through a rigorous exam process,” said Jeff Thomson, CMA (Certified Management Accountant) and IMA president and CEO. It is stated that the bachelor’s degree waiver will allow all ACCA members around the world, regardless of background, access to IMA’s CMA credential. ACCA members who would like to take advantage of obtaining a U.S. credential can earn the CMA after successfully completing the two-part CMA exam and satisfying the two-year experience requirement in a management accounting job role.
“Our global strategic partnership with IMA was created with the aim of bringing benefits to our members. Our partnership agreement is based on ‘empowering accountants and financial professionals to drive business performance.’  We welcome this new opportunity for our members specializing in management accounting roles and the enhanced recognition this can bring, especially for our many members who work for U.S.-headquartered corporates,” said Helen Brand, Chief Executive of ACCA.
The BA degree requirement being relinquished is a benefit to ACCA members who wish to have a U.S.-based credential or who wish to have additional recognition of their expertise in management accounting and access to practitioner tools exclusively focused on this role.
IMA is an institute that supports the management and accounting profession through research, Certified Management Accountant program and networking. The institution has a global network of more than 65,000 members in 120 countries.


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