{"id":1435,"date":"2019-09-30T15:00:14","date_gmt":"2019-09-30T22:00:14","guid":{"rendered":"https:\/\/addison.lwh.dev\/insights\/accounting-certification-cpa-cma\/"},"modified":"2019-09-30T15:00:14","modified_gmt":"2019-09-30T22:00:14","slug":"accounting-certification-cpa-cma","status":"publish","type":"post","link":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/","title":{"rendered":"Which Accounting Certification is Right for You?"},"content":{"rendered":"\n<p>Obtaining an accounting certification is a testament to a person\u2019s commitment to succeed professionally, and as such, it is often used as a tie-breaker between candidates for a job. Gaining a universally recognized accounting certification can help you to get and keep the job during economic downturns. It can also increase your skillset\u2019s marketability and provide professional credibility for both yourself as well as your firm.<\/p>\n\n\n\n<p>A professional accounting certification not only looks good on your r\u00e9sum\u00e9, but can also lead to increased salary and advancement opportunities.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/www.investopedia.com\/terms\/c\/cpa.asp\">Certified Public Accountant<\/a> (CPA)<\/h2>\n\n\n\n<p>A CPA\ncertification can help to advance your accounting career. CPAs work in several\ndifferent specializations including:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Audit<\/li><li>Compliance<\/li><li>Tax<\/li><li>Forensic Accounting<\/li><li>Fraud Examination<\/li><li>IT Systems<\/li><li>Risk Management<\/li><li>Appraisals<\/li><li>And more<\/li><\/ul>\n\n\n\n<p>CPAs\nhelp companies to comply with the bylaws and regulations set in place as well\nas reduce risks. Different states have different educational and experience\nrelated requirements that extend beyond the 150 hours earned in a BA.&nbsp;<\/p>\n\n\n\n<p>You will\nhave to pass a CPA exam which includes 4 parts.<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Financial Accounting and Reporting (FAR)<\/li><li>Auditing and Attestation (AUD)<\/li><li>Regulation (REG)<\/li><li>Business Environment and Concepts (BEC)<\/li><\/ol>\n\n\n\n<p>Each\npart of the exam is graded on a scale of 1-100, and you must receive a passing\nscore of 75 or higher. While that may not appear strenuous, according to the\nAICPA, the overall passing rate is less than 50%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/www.investopedia.com\/terms\/c\/cma.asp\">Certified Management Accountant<\/a> (CMA)<\/h2>\n\n\n\n<p>Another\ngreat certification that often has a few overlapping qualities as a CPA. While\nCPAs are better for compliance and controls, Certified Management Accountants\nare more about the financial analysis, budgeting, and ongoing stewardship of\nthe company.<\/p>\n\n\n\n<p><strong>CMAs\nhave 4 major components, including:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Business Analysis<\/strong> which includes global economics and business.<\/li><li><strong>Management Accounting and Reporting<\/strong>, includes budget preparation, cost management, and external financial reporting.<\/li><li><strong>Strategic Management <\/strong>which involves strategic planning, marketing, corporate finance, and investment decisions.<\/li><li><strong>Business Application<\/strong> has the organization management, communication, behavioral issues and ethical considerations.<\/li><\/ul>\n\n\n\n<p><strong>To\nreceive a CMA you have to:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Become a registered member of IMA<\/li><li>Have a bachelors degree<\/li><li>Pass both parts of the CMA exam<\/li><li>Have 2 continuous years of professional experience in management accounting or financial management<\/li><li>You must also follow the IMA\u2019s Statement of Ethical Professional Practice<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">The Right Accounting Certification For You<\/h2>\n\n\n\n<p>With\nmany different accounting jobs out there, not all of them are created or\ntreated equally. While a CPA will hold more value, there are still other\ncertifications suited for jobs and industry-specific roles.<\/p>\n\n\n\n<p><strong>These\ninclude:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.investopedia.com\/terms\/c\/cba.asp\">Bank Auditor<\/a> (CBA)<\/li><li><a href=\"https:\/\/www.investopedia.com\/terms\/c\/certified-fraud-examiner.asp\">Fraud Examiner<\/a> (CFE)<\/li><li><a href=\"https:\/\/www.investopedia.com\/terms\/c\/certified-information-systems-auditor.asp\">Information Systems Auditor<\/a> (CISA)<\/li><li><a href=\"https:\/\/www.investopedia.com\/terms\/i\/internalauditor.asp\">Certified Internal Auditor<\/a> (CIA)<\/li><li><a href=\"https:\/\/www.investopedia.com\/terms\/e\/enrolled_agent.asp\">Enrolled Agent<\/a> (EA)<\/li><\/ul>\n\n\n\n<p>If you want to upgrade your position within the accounting and business community, investing time and effort in certification should be your first goal. Then, depending on what kind of accounting job you are looking for, you can add additional certifications like the ones above.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Other Accounting Certifications:<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Fundamental Payroll Certificate (FPC)<\/li><li>Business Accountant<\/li><li>Financial Examiner (AFE)<\/li><li>Tax Preparer (ATP)<\/li><li>Certified Forensic Accountant (Cr.FA)<\/li><li>Certified Professional Environmental Auditor (CPEA)<\/li><li>Forensic Certified Public Accountant (FCPA)<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">To Summarize<\/h2>\n\n\n\n<p>Accounting and finance is a very competitive field, and most accountants will hit a career plateau if they do not seek further certification. Adding accounting certifications can help to improve your station within the industry.<\/p>\n\n\n\n<p>If you are a CPA or CMA looking for a new position, <a href=\"https:\/\/dlcinc.com\/apply-now\/\">click here<\/a> to view DLC&#8217;s available accounting and finance opportunities. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Obtaining an accounting certification is a testament to a person\u2019s commitment to succeed professionally, and as such, it is often<\/p>\n","protected":false},"author":9,"featured_media":1436,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[109],"tags":[],"post_function":[],"post_audience":[],"class_list":{"0":"post-1435","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-recruiting"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Which Accounting Certification is Right for You? - Addison Group<\/title>\n<meta name=\"description\" content=\"A professional accounting certification not only looks good on your r\u00e9sum\u00e9, but also leads to an increased salary and advancement opportunities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which Accounting Certification is Right for You? - Addison Group\" \/>\n<meta property=\"og:description\" content=\"A professional accounting certification not only looks good on your r\u00e9sum\u00e9, but also leads to an increased salary and advancement opportunities.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/\" \/>\n<meta property=\"og:site_name\" content=\"Addison Group\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-30T22:00:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/addisongroup.com\/wp-content\/uploads\/2024\/07\/Financial-paper-charts-and-graphs-on-the-table-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Addison Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Addison Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/addisongroup.com\\\/insights\\\/accounting-certification-cpa-cma\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/addisongroup.com\\\/insights\\\/accounting-certification-cpa-cma\\\/\"},\"author\":{\"name\":\"Addison Group\",\"@id\":\"https:\\\/\\\/addisongroup.com\\\/#\\\/schema\\\/person\\\/abc042a7f4910d20090afda67a1cd61c\"},\"headline\":\"Which Accounting Certification is Right for You?\",\"datePublished\":\"2019-09-30T22:00:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/addisongroup.com\\\/insights\\\/accounting-certification-cpa-cma\\\/\"},\"wordCount\":569,\"image\":{\"@id\":\"https:\\\/\\\/addisongroup.com\\\/insights\\\/accounting-certification-cpa-cma\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/addisongroup.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Financial-paper-charts-and-graphs-on-the-table-1.jpeg\",\"articleSection\":[\"Recruiting\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/addisongroup.com\\\/insights\\\/accounting-certification-cpa-cma\\\/\",\"url\":\"https:\\\/\\\/addisongroup.com\\\/insights\\\/accounting-certification-cpa-cma\\\/\",\"name\":\"Which Accounting Certification is Right for You? - Addison Group\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/addisongroup.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/addisongroup.com\\\/insights\\\/accounting-certification-cpa-cma\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/addisongroup.com\\\/insights\\\/accounting-certification-cpa-cma\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/addisongroup.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Financial-paper-charts-and-graphs-on-the-table-1.jpeg\",\"datePublished\":\"2019-09-30T22:00:14+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/addisongroup.com\\\/#\\\/schema\\\/person\\\/abc042a7f4910d20090afda67a1cd61c\"},\"description\":\"A professional accounting certification not only looks good on your r\u00e9sum\u00e9, but also leads to an increased salary and advancement opportunities.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/addisongroup.com\\\/insights\\\/accounting-certification-cpa-cma\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/addisongroup.com\\\/insights\\\/accounting-certification-cpa-cma\\\/#primaryimage\",\"url\":\"https:\\\/\\\/addisongroup.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Financial-paper-charts-and-graphs-on-the-table-1.jpeg\",\"contentUrl\":\"https:\\\/\\\/addisongroup.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Financial-paper-charts-and-graphs-on-the-table-1.jpeg\",\"width\":1000,\"height\":667},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/addisongroup.com\\\/#website\",\"url\":\"https:\\\/\\\/addisongroup.com\\\/\",\"name\":\"Addison Group\",\"description\":\"Leading National Professional Services Firm Specializing in Talent Solutions and Consulting Services\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/addisongroup.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/addisongroup.com\\\/#\\\/schema\\\/person\\\/abc042a7f4910d20090afda67a1cd61c\",\"name\":\"Addison Group\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41fd8b89179592de3fc22b9549f5021aa190e18a09da5da1ddb4db4162b682df?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41fd8b89179592de3fc22b9549f5021aa190e18a09da5da1ddb4db4162b682df?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41fd8b89179592de3fc22b9549f5021aa190e18a09da5da1ddb4db4162b682df?s=96&d=mm&r=g\",\"caption\":\"Addison Group\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which Accounting Certification is Right for You? - Addison Group","description":"A professional accounting certification not only looks good on your r\u00e9sum\u00e9, but also leads to an increased salary and advancement opportunities.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/","og_locale":"en_US","og_type":"article","og_title":"Which Accounting Certification is Right for You? - Addison Group","og_description":"A professional accounting certification not only looks good on your r\u00e9sum\u00e9, but also leads to an increased salary and advancement opportunities.","og_url":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/","og_site_name":"Addison Group","article_published_time":"2019-09-30T22:00:14+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/addisongroup.com\/wp-content\/uploads\/2024\/07\/Financial-paper-charts-and-graphs-on-the-table-1.jpeg","type":"image\/jpeg"}],"author":"Addison Group","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Addison Group","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/#article","isPartOf":{"@id":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/"},"author":{"name":"Addison Group","@id":"https:\/\/addisongroup.com\/#\/schema\/person\/abc042a7f4910d20090afda67a1cd61c"},"headline":"Which Accounting Certification is Right for You?","datePublished":"2019-09-30T22:00:14+00:00","mainEntityOfPage":{"@id":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/"},"wordCount":569,"image":{"@id":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/#primaryimage"},"thumbnailUrl":"https:\/\/addisongroup.com\/wp-content\/uploads\/2024\/07\/Financial-paper-charts-and-graphs-on-the-table-1.jpeg","articleSection":["Recruiting"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/","url":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/","name":"Which Accounting Certification is Right for You? - Addison Group","isPartOf":{"@id":"https:\/\/addisongroup.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/#primaryimage"},"image":{"@id":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/#primaryimage"},"thumbnailUrl":"https:\/\/addisongroup.com\/wp-content\/uploads\/2024\/07\/Financial-paper-charts-and-graphs-on-the-table-1.jpeg","datePublished":"2019-09-30T22:00:14+00:00","author":{"@id":"https:\/\/addisongroup.com\/#\/schema\/person\/abc042a7f4910d20090afda67a1cd61c"},"description":"A professional accounting certification not only looks good on your r\u00e9sum\u00e9, but also leads to an increased salary and advancement opportunities.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/addisongroup.com\/insights\/accounting-certification-cpa-cma\/#primaryimage","url":"https:\/\/addisongroup.com\/wp-content\/uploads\/2024\/07\/Financial-paper-charts-and-graphs-on-the-table-1.jpeg","contentUrl":"https:\/\/addisongroup.com\/wp-content\/uploads\/2024\/07\/Financial-paper-charts-and-graphs-on-the-table-1.jpeg","width":1000,"height":667},{"@type":"WebSite","@id":"https:\/\/addisongroup.com\/#website","url":"https:\/\/addisongroup.com\/","name":"Addison Group","description":"Leading National Professional Services Firm Specializing in Talent Solutions and Consulting Services","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/addisongroup.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/addisongroup.com\/#\/schema\/person\/abc042a7f4910d20090afda67a1cd61c","name":"Addison Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/41fd8b89179592de3fc22b9549f5021aa190e18a09da5da1ddb4db4162b682df?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/41fd8b89179592de3fc22b9549f5021aa190e18a09da5da1ddb4db4162b682df?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/41fd8b89179592de3fc22b9549f5021aa190e18a09da5da1ddb4db4162b682df?s=96&d=mm&r=g","caption":"Addison Group"}}]}},"_links":{"self":[{"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/posts\/1435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/comments?post=1435"}],"version-history":[{"count":0,"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/posts\/1435\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/media\/1436"}],"wp:attachment":[{"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/media?parent=1435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/categories?post=1435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/tags?post=1435"},{"taxonomy":"post_function","embeddable":true,"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/post_function?post=1435"},{"taxonomy":"post_audience","embeddable":true,"href":"https:\/\/addisongroup.com\/wp-json\/wp\/v2\/post_audience?post=1435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}