New CGMA Credential
A new credential called the Chartered Global Management Accountant (CGMA) endorsed by the AICPA and CIMA, two of the world’s largest and respected professional accounting organizations, has been launched in 2012. The London-based Chartered Institute of Management Accountants (CIMA) will promote recognition of the CGMA throughout the world as the gold-standard designation for management accountants.
The new CGMA will be issued by the AICPA and CIMA through a license with the joint venture, with membership remaining with the existing organizations. Beginning in the first quarter of 2012, AICPA voting members will be automatically eligible for the CGMA upon verifying three years of qualifying experience. CPAs who are members of both the AICPA and their state CPA society will receive a special discounted annual fee to maintain the CGMA credential.
Accounting professionals holding the CGMA designation will commit to a program of developing and maintaining competency in management accounting. More information regarding how to qualify will be available in the coming months.
For more information and continuing developments please visit www.CGMA.org.
Persons interested in learning more about taking accounting or tax courses at Walsh College, should contact Deborah Mourray, Accounting Academic Advisor at Walsh College. Mourray can be reached at email@example.com, or 248.823.1290.