US Certified Management Accountant (CMA Course) - Miles Education
US CMA Competencies 2021 Improved knowledge delivery framework for professionals in the new digital age
US Certified Management Accountant (CMA Course) - Miles Education
Recently IMA has revised the competency framework as management accountants must maintain and prepare for the future and claim its worth in the current VUCA world. As per reports, the surveyors closely analyzed the emerging competencies needed by the management accountants. Its an updated framework to make space for accountants to have soft skills to work smoothly on managed systems
US Certified Management Accountant (CMA Course) - Miles Education
● ● ● ● ● ●
Strategy, Planning and Performance Reporting and Control Technology and Analytics Business Acumen and Operations Leadership Professional Ethics and Values
Source: imanet.org
IMA finalized six competencies that would guide professionals to outline the areas under focus
US Certified Management Accountant (CMA Course) - Miles Education
1. Strategy, Planning and Performance As a responsible lead to strategy planning for corporate finance, it is important to have knowledge for ● ● ● ●
Developing an actionable strategy Be the guide to decisions Building a risk management infrastructure Monitoring performances
A visual representation of planning to execution cycle followed by corporates
US Certified Management Accountant (CMA Course) - Miles Education
2. Reporting and Control
Wealth managers believe that regulation will establish more trust in the market
By measuring and reporting their organization's performance based on relevant standards and obligations, these professionals possess the capabilities to work for reporting
US Certified Management Accountant (CMA Course) - Miles Education
3. Technology and Analytics This explains how data can enhance analytics in an organization and how technology can move the organization forward. It foster : ● ● ● ●
Data-driven capabilities Increase growth and profitability Lower costs and improve efficiencies Supports risk & regulatory compliances
Says, Financial Analytics adequately portrays the story of the businesses and its performance
US Certified Management Accountant (CMA Course) - Miles Education
4. Business Acumen and Operations It's important to management accountants to display how professionals can work across cross-functional teams at businesses to transform operations throughout the organization
The real-world approach
US Certified Management Accountant (CMA Course) - Miles Education
5. Leadership It's important to management accountants to display how professionals can work across cross-functional teams at businesses to transform operations throughout the organization
[The CMA] exposes students to be well rounded business leaders rather than just be an accountant.
- Sanjay Gupta, CPA, CMA, Ph.D
US Certified Management Accountant (CMA Course) - Miles Education
6. Professional Ethics and Values For their careers and businesses to be ethically sustainable, in a way this will demonstrate a managing accountant’s● ● ●
Professional values Ethical behaviors Legal compliance
The key areas to look into this domain
US Certified Management Accountant (CMA Course) - Miles Education
Here are your reason to become a CMA today !
It takes only a single click to book a one-onone consultation to build a study roadmap for your CMA exam with the largest International CPA/CMA Review Miles Education
Earn your US CMA in 2022! ● ● ●
2 exams (12 core practice areas in finance) @Miles, IMA's Platinum Partner Tie-up with 170+ MNCs for training & placement
Click onto the banner to register for Live Online Webinar on “US CMA Orientation by Varun Jain”
US Certified Management Accountant (CMA Course) - Miles Education
US CMA Competencies 2021 Improved knowledge delivery framework for professionals in...
