What is the difference between CPA and CMA?

These two are accounting certifications that people can get after they have gotten a bachelor’s degree in accounting. It is not enough for aspiring accountants to get a degree; they need to show that they are capable of applying the things that they have learned in whatever job they may get in the long run.

CPA means Certified Public Accountant and CMA means Certified Management Accountant. It is evident from their certifications that they may handle different tasks that are related to accounting. The CPA will be in charge of representing companies during IRS audits while the CMA will make business decisions that will be good for the company as a whole.

CPA and CMA are types of accounting certifications. CPA stands for certified public accountant. These type of accountants are used in various types of tax work, such as filing income taxes. Yet, they mainly act as representation for companies during IRS audits. They can also perform and sign audits. CPA is the most popular accounting certification to have and you can find them at large firms such as H&R Block.

CMA is a certified management accountant. CMAs are experts in both strategic management and financial accounting. They are able to make business decisions, which are strategic. The decisions are based on financial information.