Weekend March 24 2013
Jessica Wertz from the local Institute of Management Accountants chapter joined Lisa Beaudoin from the national headquarters in New Jersey for a presentation on the Certified Management Accountant designation.The presentation was this past Thursday March 21 2013 in our small auditorium.
Jessica related that she decided to work for a company rather than an external accounting firm. Therefore she studied and passed the CMA exam rather than the CPA exam. CMAs are a fraction of the number of CPAs. There are 38,000 CMAs today while Texas alone has granted over 100,000 CPA certificates.
We are in a transition period. As newer designatiions like CIA and CMA gain more credibility, more students I believe will examine the expanding range of options.