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Sep 07, 2023 170 likes •237 views

Presentation Benefits Institute of Management What to expect as a CMA Accountants Test Preparation How to get involved Why should I join IMA? Why should I join IMA? Matthew White M tth Whit Andrew Keathley Chad

SLIDE 1

Institute of Management Accountants

M tth Whit Matthew White Andrew Keathley Chad Holmes

Overview

Benefits of IMA Registration IMA’s Mission History History Global Connections CMA Test

Presentation Benefits

What to expect as a CMA Test Preparation How to get involved “Why should I join IMA?” Why should I join IMA?

Benefits of IMA

CPE credit 3 E’s

Expand financial management skills Enhance your organization’s performance Empower your career potential

SLIDE 2

How to Register

Have your life information ready... Visit www.im anet.org Student - $39 Young Professional - $140 Young Professional - $140 Professional - $210

Mission Statement

IMA’s mission is to provide a forum for

research, practice, development, education, knowledge sharing, and the advocacy of the highest ethical and best business practices in management accounting and finance.

IMA’s History

1919 – Founded in Buffalo, NY as NACA 1943 – First International Chapter 1957 – NACA becomes NAA 1959 – Student Publication Services begin 1959 – Student Publication Services begin 1972 – CMA Program Inaugurated 1983 – Standards of Ethical Conduct of

Management Accountants, the first code

f ethics for management accountants in

the U.S. is issued

History Cont.

1991 – NAA becomes IMA 1996 – IMA initiates the CFM program 2006 – First Global IMA Conference

(Dubai) (Dubai)

SLIDE 3

Global Connections

Several Chapters Worldwide

Canada Hong Kong France India Vietnam Spain Russia Kenya

IMA Services

LinkUp IMA IMA Career Center Student Leadership Conference

Video

http: / / www.imanet.org/ cma_certification/ be com e_a_cm a/ video-how-to-becom e-a- cm a.aspx

The CMA Credential Is…

Focused Respected Valued Convenient Convenient

SLIDE 4

Certified Management Accountant

Cost
Certification Entrance Fee (Nonrefundable)
Exam Fee
Transition Exam Fee

Test Parts

Part 1—Financial Planning, Performance &

Control

Planning, Budgeting & Forecasting (30% ) Performance Measurement (25% ) Cost Management (25% ) Internal Controls (15% ) Professional Ethics (5% )

Test Parts

Part 2—Financial Decision Making

Financial Statement Analysis (25% ) Corporate Finance (25% ) Risk Management and Decision Analysis (25% ) Investment Decisions (20% ) Professional Ethics (5% )

Pass Rates

50% 60% 70% 80% Worldwide A i P ifi 0% 10% 20% 30% 40% Part 1 Part 2 Part T Asia Pacific Europe Middle East & Africa The Americas

SLIDE 5

Quotes

“At Microsoft, we look for a combination of solid accounting skills, the ability to think strategically and strong business ethics. If someone is a CMA, we can be more comfortable that the person has mastered these aspects of the profession.”

Bob Laux, CMA, CPA Director of Technical Accounting and Reporting Microsoft Corporation

Quotes cont.

“I’m not getting my CMA, but you should.”

Andrew Keathley, Deloitte

“Not joining IMA is BAD.”

j g

Matt White, Joe Enoch & Associates

“Joining IMA is BY FAR the best thing

that’s ever happened to me.”

Chad Holmes, E&Y Intern.

Sample Questions

Question 1 Answ er: B Question 2 Answ er: B Answ er: B Question 3 Answ er: C

Questions?

SLIDE 6

Works Cited

http: / / www.im anet.org/ im a_hom e.aspx http: / / www.cim aglobal.com / http: / / www.m anagem ent-accountant.org/