CA and CMA are accounting designations and the qualifications that a person would need to succeed in the professional field of accounting. CA is the acronym for chartered accountant, while a CMA is a Certified Management Accountant. The chartered accountant qualification is a program for smart and determined candidates and those who are excited to embark on a prodigious career.

It is a three-year program. Chartered accountants work for the business finance industry, which may include private or government sectors. CMA focuses on four areas of studies, including business applications, business analysis, strategic management, management accounting, and reporting. Employment candidates must secure two years of professional experience in financial accounting management.