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.
Both CA and CMA are two types of qualifications for candidates in the field of accountancy. CA is the acronym for Chartered Accountant, while CMA is the acronym for Certified Management Accountant. The chartered accountancy qualification gives open any candidate who wants to succeed in the field of accountancy to a lot of exciting career opportunities. Practical knowledge are passed to the individual candidates within a three year training program.
Various opportunities that await any successful chartered accountant are the opportunity to work with government, private and public sector. CMA on the other hand, is a program that train students on the side of financial and accounting management. CMA is a complete course that consists of various areas and other accounting subjects like planning and organizational management, corporate finance, cost management and financial decision analysis. Both CA and CMA are needed by companies to have a competitive edge in the market
CA stands for Chartered Accountant. They work in business and finance industries. These industries include the public and private sectors, as well as the government.CA's first begin in Britan in the year 1854. CMA stands for Certified Management Accountant. They deal with accounting and financial management. Other focuses include corporate finance, cost management, financial reporting, and organizaitional management.
To become a CA, a three year program is required to be completed. To become a CMA, one must have a bacherlors degree with two years of previous experience. CMAs study four major areas, which include management accounting and reporting and business applications.