Has anyone here written the 4 CMA accounting exams? If so are they hard? Which company’s material did you use for prep? How long did you need to prep for them?
I think Beans is an accountant…maybe he’ll chime in. Of course I don’t know if that necessarily means he has this particular certification…maybe.
nope, I’m CPA. Certified Public Accountant.
CMA is different, and weird.
I got nothing really…
I mean I know WHAT it is, but have very little exposure to it. So I would be talking out my ass if I was to pontificate about it.
I would certainly assume they are going to be difficult. I would imagine they use a lot of the same questions and format of the CPA, but that is all speculation.
Why take this and not the CPA?
[quote]countingbeans wrote:
I would certainly assume they are going to be difficult. I would imagine they use a lot of the same questions and format of the CPA, but that is all speculation.
Why take this and not the CPA? [/quote]
Isnt the CPA pretty much strictly financial accounting?
Good luck man. Managerial accounting is annoying lol
Haters! I am actually coming from a Canadian university background and am working on both the US & Canadian CMA simultaneously. The US CMA is a lot easier to attain coming from a foreign background. I graduated university in April and am home studying full time for both and will be writing 9 exams altogether for both between now and August. I know plenty of people who’ve done the Canadian CMA since I’m living in Canada and all but nobody whose done the US one.
Plus public auditing work sucks, I find management accounting work/decisions more interesting 
BTW its a bitch having to learn US GAAP and IFRS simultaneously.
[quote]gsxtacy wrote:
Isnt the CPA pretty much strictly financial accounting?
[/quote]
No.
The exam is broken into 4 parts
BEC = This has some finance & managerial, economics etc
AUD = Audit
FAR = Financial accounting and reporting
REG = Tax & business law (Regulation)
[quote]therajraj wrote:
Haters! I am actually coming from a Canadian university background and am working on both the US & Canadian CMA simultaneously. The US CMA is a lot easier to attain coming from a foreign background. I graduated university in April and am home studying full time for both and will be writing 9 exams altogether for both between now and August. I know plenty of people who’ve done the Canadian CMA since I’m living in Canada and all but nobody whose done the US one.
Plus public auditing work sucks, I find management accounting work/decisions more interesting
BTW its a bitch having to learn US GAAP and IFRS simultaneously.[/quote]
I’m just saying in the US, the CPA seems more valuable. But I would imagine any letters after your name are going to be good. I was just honestly curious why you were going in the direction you were. But yeah, foreign schooling can totally ass rape you when going to sit for the CPA.
IFRS is just GAAP, minus the rules. 
We should be switched over to IFRS by 2020 or so, lol.
Good luck man
[quote]countingbeans wrote:
IFRS is just GAAP, minus the rules.
We should be switched over to IFRS by 2020 or so, lol.
Good luck man[/quote]
LMAO