Certified Public Accountant (CPA) certification accredited by AICPA includes the core financial accounting, taxation, etc.
Certified Management Accountant (CMA USA) accredited by IMA, includes CFOs and finance managers, and controllers.
– Controller – Public Accountant – Internal and External Auditor – Financial Manager and Advisory Roles
– Financial Analyst – Cost Accountant – Financial Risk Manager – Various C-suite executive posts – CFO
If we talk in numbers, the average salary of an experienced Certified Public Accountant is around $66,000 whereas the average salary of a Certified Management Accountant is around $60,000 (as for late-career holders). A Certified Management Accountant has 63% of compensation under his profits. Initially, he/she might earn a little less than a Certified Public Accountant.
A CPA is a route to go if you want exposure to a variety of sectors and public auditing skills,”. The CPA is good if you want to work in the very same work each day and make an impact at one company, but the CMA is incredibly relevant.