CMA is a comprehensive practical knowledge system of management accounting that keeps pace with the development of enterprises. Introduced to China in 2009, it was listed in the national key talent training plan by the Ministry of Finance, the State-owned Assets Supervision and Administration Commission, the Ministry of Commerce, the Association of Chief Accountants and other institutions 16. Learning CMA can help the holder develop his career, have professional competitive advantage, and have the ability and qualification to be a supporter of strategic decision.
In the enterprise recruitment market, CMA is the priority for recruiting financial managers and chief financial officers, and it is a powerful "stepping stone" for CEO and CFO positions.
In China, anyone who has one of the qualifications of junior college, undergraduate course (degree required), master's degree or doctor's degree recognized by the Ministry of Education, that is, who meets the registration requirements, can take the CMA exam.
CMA exam subjects include financial planning, performance and analysis and strategic financial management. There are three exams a year, and the evidence collection period is short. Generally, they pass the exam in 6-8 months, and some students pass two subjects within 4 months.
The recognition of CMA in China is actually relatively high in China. CMA can provide strategic decision support for enterprises and promote the overall performance of enterprises under the background of rapid economic changes, which is very in line with the actual needs of enterprises for accounting talents, so it is also recognized and trusted by many enterprises and organizations around the world.
CMA certification courses have been organized and trained in many large central enterprises such as China Ordnance Equipment Group, China Telecom, China Petrochemical and Baosteel.
CMA project was supported by SASAC and other government agencies and concerned by central enterprises at the beginning of its promotion in China. The State-owned Assets Supervision and Administration Commission has asked the central enterprises to take the lead in organizing CMA certification training for three consecutive years, and the Ministry of Finance has also included management accounting in the key direction of future accounting reform and development, and will strengthen the construction of management accounting system and accelerate the training of management accounting talents.