Chartered Global Management Accountant

Chartered Global Management Accountant (CGMA) is a professional management accounting designation issued beginning in January 2012.[1] The Chartered Global Management Accountant's mission is to promote the science of management accounting on global stages. The Chartered Global Management Accountant "distinguishes professionals who have advanced proficiency in finance, operations, strategy and management".[2]

Chartered Global Management Accountant, a proprietary designation for management accountants, is powered by two accounting bodies, and advances the global discipline of management accounting. The Chartered Global Management Accountant demonstrates management accounting expertise, determination and commitment to achieving sustainable business success. The issuing body is a joint venture owned by the American Institute of Certified Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA).[3]

The designation is available through either an AICPA or CIMA Pathway. The AICPA Pathway requires AICPA members to be Certified Public Accountants, pass the CGMA exam, have three years management accounting experience, and be a member of the AICPA. The CIMA Pathway requires CIMA members to pass the required CIMA examinations including the CIMA certificate in Business Accounting, have three years management accounting experience and be a member of the CIMA.[4]

Beginning in 2015, AICPA voting members who seek to obtain the CGMA credential will have to pass a new examination.[5]

References

  1. ↑ "AICPA, CIMA Gearing Up for Jan. 31 CGMA Launch". Journal of Accountancy. October 18, 2011.
  2. ↑ "About CGMA". American Institute of CPAs. Chartered Institute of Management Accountants. Retrieved June 5, 2017.
  3. ↑ "AICPA and CIMA Agree to Offer New CGMA Designation". American Institute of Certified Public Accountants. May 23, 2011.
  4. ↑ "American Institute of Certified Public Accountants and Chartered Institute of Management Accountants Agree to Offer New CGMA Designation". American Institute of CPAs. Chartered Institute of Management Accountants. Retrieved June 5, 2017.
  5. ↑ "Eligibility". American Institute of CPAs. Chartered Institute of Management Accountants. Archived from the original on October 6, 2014.
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