What Is a Certified Management Accountant?

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A certified management accountant focuses on the measurement of the accounting principles that go into providing reports for management analysis. Discover the difference between certified management accountants and certified public accountants with information from an accounting professor in this free video on accounting careers.

Part of the Video Series: Accounting Careers & Information
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Hi, my name is Shawn Jones, adjunct professor here at Argosy University. Today we're talking about 'What is a Certified Management Accountant, or a CMA?' First and foremost, you need to understand that a CMA is very different from a CPA, or a Certified Public Accountant. A CMA is a certification that is offered by several professional bodies throughout the world. A managerial accountant, or a Certified Management Accountant, is mainly focused on the internal controls, or measurement of the accounting principles that go on in providing reports and data that are more for management, and being able to help them understand their internal controls, processes, and also financial data. Whereas, a Certified Public Accountant is more focused on the actual financial statements, the balance sheet, income statement, statement of cash flows. Being able to provide audited financial statements for a company or for a business to understand their financial data. For more information about this topic, please visit our website, argosy.edu. There you can find our phone number or an address to come and visit our Salt Lake City campus.

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