Having the Certification of Management Accounting can add credibility to your resume and you gain professional recognition in accounting circles in Dubai. For the CMA designation, you must be very experienced in management systems, management control and strategic business analysis in order to qualify as a candidate. The CMA course in Dubai is complete, covering all areas of study and it is a good idea to undergo intense preparation before the test for CMA course in Dubai.
Preparation for CMA course in Dubai
There are several sites that provide online test preparation materials to study with a pre-test. These spaces of knowledge show where more study is needed. Online classes are available onsite or at universities.
Benefits of Certified Management Accounting
The best companies are looking for CMAs in Dubai to manage and analyze their accounting systems and offer professional advice regarding business systems. The CMA designation will make your resume an advantage over other candidates for these jobs. The Institute of Management Accountants (IMA) reports that certified members have increased their wages by an average of 25% higher than the non-certified wages.
Differences between CMA and CPA designations
A Public Accountant is the starting point of credit for professional accountants. Public accountants generally work more closely with individuals, while a certified management accountant works specifically with companies, advising them on corporate tax laws. The CMA also helps an enterprise expense management company and budget plans. A CMA designation requires training different from that of a CPA. Training is disciplined of accounting firms, including studying economics, financial planning and business ethics.
Job prospects for Certified Management Accountants
A CMA can enjoy a stable job market for employment. Accounting for the job prospects shows an expected increase of 18% between 2006 and 2016. This is a larger-than-average increase for all other occupations. Increasingly complex corporate tax laws require employers to look for accountants with above-average knowledge in company for accounting. Applicants with a master’s degree in accounting or business management will have a competitive advantage, depending on the experience and qualifications.
To become a certified management accountant, you are supposed to take several high school courses that relate to this position if possible. Suggested courses include math, administration, accounting, marketing, and economics.
You have to enroll in college and earn a degree. You can get a bachelor’s degree in any discipline. Most candidates earn a degree in accounting, business, trade or a related subject.
You should also participate in an internship or co-op placement if available at your college. With this program, you get to work next to a CMA and experience firsthand knowledge of what they do. Even if you are not going to work directly with the client, you will get an idea of the working environment and will be able to list the experience on your resume.
CMA exam is offered by the Institute of Management Accountants. The candidates must have at least two years of experience working in accounting management and must pass the four-part examination, following the requirements and compatible educational standards. For CMA course in Dubai.