The Certified Management Accounting (CMA) course is a respected qualification that is recognized worldwide. This course is quickly gaining popularity among students who want to learn how to plan, budget, and forecast. The goal of this course is to teach young executives how to make smart, strategic decisions that will help a company succeed financially. The competency levels of CMA professionals will improve as a result of this course training, bringing them up to worldwide standards. This course provides opportunities for professional growth and financial management.

People who pass the CMA exam are certified by the Institute of Management Accountants (IMA). The IMA has enacted and controlled CPE credit standards to ensure that Certified Management Accountants remain informed and current in their field.

It's critical to meet your CMA CPE requirements, aside from 30 hours of CMA CPE credits, there are plenty of eligible course topics to choose from, including accounting, financial management, business law, organization, business applications of mathematics, software/computer systems, economics, management, production, marketing, and more. A minimum of two Ethics credits must be included in the annual CPE obtained.

This cutting-edge program, administered by the IMA in the United States, prepares candidates for global issues. The Certified Management Accounting program takes between 6 and 12 years to complete. This course comprises two tests that, depending on your preparation, can be taken three times per year.

The IMA expects you to retain your certification as a Certified Management Accountant by continuing your professional education. You must log hours of Continuing Professional Education each year to complete the CMA CPE requirements.

CPE credits are mandated and regulated in order to keep Certified Management Accountants updated and current in their field. Given that you've previously passed the CMA test; it may appear to be a lot of extra effort. It essentially implies that you will be up to date on practices and procedures, which is beneficial to your job.

CMA Course Eligibility

It is critical to follow the qualifying criteria for entrance to the CMA course, which are as follows:

• A bachelor's degree from a recognized college or university, or IMA-approved professional certification, is required.

• In the event of non-accredited degrees, an impartial agency such as NACES or AICE can be authorized to assess them.

• If you don't have a bachelor's degree, a professional certification accepted by the ICMA may help you qualify for CMA.

Professional CMA requirements

If you are a finance professional and want to get a CMA certification, there are specific qualifying conditions you must meet.

• To be considered for a CMA, you must have at least two years of experience in management accounting or financial management.

• It is advantageous for candidates to have full-time employment experience. Part-time job experience is worth one year for every two years of full-time work experience.

How do I sign-up for the CMA Course?

Here are some instructions for registering for the CMA course. You may also select your coaching institute upfront and let them lead you through the process for a smooth experience.

• Join the IMA by going to their website and registering.

• Pay the membership fee

• At the IMA's online store, you may register for the CMA examination.

• You may also contact 800-638-4427 or (201) 573-9000 to register.

• As you begin the procedure, have your credit card information handy.

• After you've registered, you'll need to receive a CMA exam approval.

• Make an appointment with Prometric to take your exam.

• If you fail to do so, you risk losing the exam costs you paid.

• It's time to start looking for the finest coaching after you've received your confirmation.

How Many Hours Are Needed to Complete CMA CPE Requirements?

Each year, thirty hours of CMA CPE credits are required. The details are as follows:

• After becoming a CMA, you must complete CPE requirements for one calendar year.

• A "year" for CPE CMA credits is defined as a period from January 1 to December 31, and you must track those hours inside that time frame.

• CMA CPE credits must be earned on topics that are approved.

• While thirty hours are required each year, you can carry ten hours over to the following calendar year if you surpass that number.

If you successfully passed the CMA examination recently and are starting to accumulate qualifying hours, the IMA will allow you to count 10 hours of CPE credits for each hour of CMA examination.

Accounting, financial management, computer science, economics, management, business applications of mathematics production, business law, marketing, organization, and others are just a few of the qualifying course subjects available. However, you must complete a minimum of two hours in ethics courses, despite the fact that you have a wide range of topics to select from.

It's critical to have a strategy in place for obtaining CPE hours in order to keep your CMA certification current. After all, when the 12-month mark approaches, you don't want to be staring down the barrel of 30 hours of approved hours. It's critical to schedule your CMA CPE hours throughout the year. 30 hours is just too much to jam into the eleventh hour.

Here are some of the most effective ways to get your CMA CPE credits.

CPA CPE Courses

You can enroll in a variety of CMA CPE courses. Some are provided through a college or university, while others are listed online through CMA course providers.

Accounting instructors in a post-secondary accounting professor generally teach the former. A CMA or a topic specialist generally teaches the latter.

Seminars

Taking a seminar to meet CPE requirements is a simple process that may also serve as a networking opportunity. Qualified speakers will present professional seminars for CMAs on a variety of topics. 

You'll often have a choice of which seminars to attend, allowing you to focus on the subjects that will most benefit your career as a CMA.

Workshops and Webinars

For different CMA alternatives, many users use online CPE. These have the advantage of being reachable from any location. Workshops and webinars that cover the necessary topic and are led by credible experts can help you get the credits you need without ever leaving your home or workplace.

Other Options

There are a few non-traditional options for earning CPE hours. Among them are:

• Home study courses attending or watching presentations or pre-recorded sessions of teaching

• Case study participation or research

• Technical conferences

• Discussions

Anything that does not already have the IMA seal of approval will need to be approved in order to be considered.

There are various options for logging your CPE hours. The IMA has given you a lot of leeway in that regard, so you can liven things up. You may get your hours in through college courses, webinars, workshops, seminars, technical meetings, assessments, home study courses, presentations, and so on.

When it comes to logging their hours, registered CMAs must be meticulous. To prove your achievement, you'll need to maintain documentation like attendance records and certifications. The reason for this is simple: because the IMA conducts frequent audits, you may be randomly selected to submit your documents.

It is strongly advised that all documentation be kept for at least three years, just to be safe. Starting a folder and keeping it for up to five years is preferable.

Each hour of the examination is worth ten CPE credits, totaling 40 hours for each exam segment you pass. These hours are not relevant CPE hours for your CMA, however, they may be useful to someone seeking CPE hours for another certification.

Continuing education may appear to be an endless cycle of study, but by viewing it as a chance to enhance yourself and your knowledge, you will be laying the groundwork for a far brighter future.

Taking a CMA CPE course is a dependable approach for obtaining the credits you want. These courses are specifically designed to cover the principles and methods that you employ as a CMA.

Here are some of your finest CMA CPE training options:

IMA: CPE Credits

The IMA's education center provides various options for earning CPE credits. It could be a great location to look for a mandatory ethics course or other relevant courses.

Lambers CPE Courses

Lambers is a well-known provider of accounting review courses and professional development courses. Although they are geared toward CPA certification, their CPE courses are also suitable to CMA certification. Furthermore, their courses are NASBA-approved.

The IMA accepts all of the courses in Lambers' CPE course catalog. They are taught by competent experts and provide an easy and enjoyable approach for earning your CPE hours. Because they are online, video-based courses, you may take them whenever it is convenient for you.

Gleim CMA Review

The adaptive packages from Gleim provide tailored study programs based on the ICMA's content specification outlines and learning objectives statements. The basic and premium adaptive study courses from Gleim cost $1,349 and $1,599, respectively. Both provide a personal coach as well as a guided course. Test candidates can also opt for the $999 self-guided study course.

MyCPE

CPE credits are offered on MyCPE for $10 to $15 each credit. To help you to receive all of your CPE credits in one location, and reduce the total cost of continuing education, myCPE offers a 30 CPE package for CMA (Compliant with IMA and includes Ethics). Multiple forms of learning (live, on-demand, podcasts, e-books, etc.) make it even more convenient for professionals to earn credits at their discretion. A specialized mobile app offers convenience that other providers do not offer.