Blogs

US Certified Management Accountants work in very different and unique environments from ordinary accountants. They form the core of the executive team in companies as they perform key roles in executing projects and assessing investments to identify if they are able to produce returns and value to the company.

A CPA holds great value and demand especially as the world markets attempt to recuperate after the pandemic-induced crisis. Companies having freshly dealt with a crisis will prefer a trusted business advisor as a CPA. Risk management, sustainability inclined foresight, and an agile professional will be the professional qualities desired by companies now. A CPA certificate will provide you with the competence needed to fit the companies preferences and land your dream job.

The pandemic put the spotlight on the wealth inequality in the capitalist world of the 21st century. It showed the lacuna deepen further in a crisis. In India and America, the mega-rich maintained a play of positions on the Forbes list. This was when the majority in both the countries were pushed to grave situations with job losses, poverty, and compelled to depend on government support.

If you are a Cost Accountant, you are advantageous to the business world as you help companies decide their future! But staying up as a Cost Accountant for long may not be a bright idea as well as provide a mileage to your career progression. Gone are the days where Cost Accountants relied on one single certificate or degree for their lifetime career, but now the idea seems cool for the current generation professionals as they are always in hunt for additional credentials or qualifications. To stay relevant as Cost Accountants in a competitive market, you need a US CMA qualification that would help you notch lucrative C-suite roles in the F&A fields.

Artificial Intelligence (AI) and Machine Learning (ML) have been at the heart of digital transformation across several industries. While not an exception, the BFSI industry has been relatively “change-resilient” and has seen some tech adoption rates over the last two decades.

The demand for CPA has considerably grown today in parallel with the growth of MNCs and Big4s in India. This shift towards strategic decision-making from tedious data crunching on excel is creating a new demand space for US CPAs. Industry is in search of finance professionals with US GAAP, IFRS & US Compliance & Taxation credentials. Since accounting careers are projected to grow 7% by 2030, there would be a spiralling demand for CPAs pan India.

Do you know the reason why the world is so behind Cost Management Accountants? Strategy! As corporates expand and managing business become complex parallelly, it needs strategic financial experts like CMAs to take pointed decisions to lead the growth of the companies. As foreign investments are growing at an exponential rate, the scope for CMAs is wide. With the increasing shifts in economic trends, a CMA certificate can help you gain an aptitude to take strategic financial decisions where accounting and business intersect.

For professionals in specialized roles like statutory auditors, tax auditor, transfer pricing auditor, cost auditor, F&A certifications are a mandate. One of the advantages of holding credentials is it can help employees achieve authority to independently handle assignments and climb the professional ladder fast.

Becoming a CMA exhibits mastery of critical skills and knowledge in accounting and finance. In addition, having a CMA credential makes you eligible for a higher payroll than other aspirants. And with CMA salaries shooting up, there’s no better time to uncover how clearing the CMA exam can take your career up a notch.

Financial resources are no longer something to look at separately. CMA training is necessary to integrate skills in managing these capitals to create an overall view and analyze business-wide insights to offer valuable information. Read how CMAs help deliver both profit and process to a business.

One of the biggest challenges is to prioritize which CPA section you should be pursuing first after your graduation. If you are not confident, it is better to avoid guess work! Read on...