What you learn being a CMA US and earning potential

What you learn being a CMA US?
IMA Management Accounting Competency
Framework
Planning & Reporting
The competencies required to envision the future, measure performance, and report
financial results.
Decision Making
The competencies required to guide decisions, manage risk, and establish an ethical
environment.
Technology

The competencies required to manage technology and information systems to
enable effective operations.
Operations
The competencies required to contribute as a cross-functional business partner to
transform company-wide operations.
Leadership
The competencies required to collaborate with others and inspire teams to achieve
organizational goals.
Ask a question to LOGIC - the official IMA partner
Bhaswati Bhattacharya
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Salary For CMAs: Get to the next tax bracket
IMA® is committed to empowering finance and accounting professionals to
accelerate careers
IMA Salary Surveys
IMA’s Global Salary Survey examines earnings specific to management
accountants and those with the CMA® (Certified Management Accountant)
credential. It is organized into U.S. and regional surveys and analyzes self-
reported data from members around the world. Topics covered include:
base salary and total compensation, the impact of gender and age, the
effect of the CMA, and job satisfaction (such as work hours and benefits).
Key Insights:

 Globally, the median base salary is 45% higher, and total compensation is
50% higher for CMAs over non-CMAs.*
 CMAs of all ages earn more than non-CMAs. Those aged 30-39 receive a
median salary 49-50% greater than their non-CMA peers.*
 CMAs believe their certification creates career opportunities and
strengthens their ability to move across business areas.
* IMA Global Salary Survey (Published 2017)
Access IMA’s global and regional salary surveys by clicking on the
icons below:
Global USA KSA China UAE Middle East & Africa
Indians are performing brilliantly in the
US CMA Exam.
Have a look at the recent Press Releases in Indian
media:
IMA Reveals CMA Exam Top
Performers From India

PR Newswire
NEW DELHI, October 4, 2017
NEW DELHI, October 4, 2017 /PRNewswire/ --
IMA® (Institute of Management Accountants) today announced the top performers from India for
its flagship program called the CMA® (Certified Management Accountant). Across the globe,
IMA conducts CMA exams three times in a year during the months of January and February;
May and June; and September and October.
(Logo: http://mma.prnewswire.com/media/510711/IMA_Logo.jpg )
This year, from its May and June testing window alone, a total of 5,904 candidates took the
English language exam globally. The exam results were sent to the exam takers in August.
Among the professional pool of CMA candidates from India, Richa Gupta from Faridabad,
Haryana got the highest score.
"The CMA course structure seemed very relevant to my role in my current organization. The
practical approach and wide acceptability of this certification across the world are some of the
key points that led me to pursue this course," Gupta explains her decision to pursue the CMA
program. "Five years from now, I see myself to be heading the Financial Planning & Analysis
(FP&A) division of my current organization. The CMA title being associated with a high degree of
ethics and competency will help me achieve my goals faster," adds Gupta who is currently
working as a FP&A manager.
Meanwhile, among the pool of college/university students who took the CMA exam during the
same testing window, Yash Majajay Patani from Mumbai emerged as the top performer.
"The most challenging part for me was internal controls as I did not have practical experience. I
am hoping to pursue a career in treasury and management. With my exposure to 11 different
skills, multiple facets of finance and accounting work, plus the global recognition of the CMA
certification, I should be able to propel my career forward now that I am ready to join the
workforce," Patani explains in a telephone interview.
Patani graduated from the University of Mumbai with a Bachelor of Commerce degree. He is now
a young professional actively seeking for an opportunity to apply the skills he learned from the
CMA program.
In the Middle East, Suryaneel Kumar, a Non-Resident Indian (NRI) also achieved the highest
score among professional test takers in Oman.
"I pursued the CMA for its global recognition, course content and rigorous testing/exam. I would
like to see myself in a senior management role shortly. I am confident that the CMA will help me
achieve this goal," says Kumar who works as a senior finance manager in Oman.
It can be recalled that from its January and February 2017 testing window, two students
from India received awards for their exceptional performance in the CMA exam globally. In the
university student category, Hariharan Ramasubramanianwho has an undergraduate and
graduate degree in Accounting from the University of Mumbai earned the Priscilla S. Payne
Outstanding Student Performance Award for receiving the highest exam score as a
student. Abhishek Kapoor of New Delhi also received a Student Certificate of Distinguished
Performance.
About the CMA® (Certified Management Accountant)
IMA®'s globally recognized CMA® (Certified Management Accountant) program is a relevant
assessment of advanced accounting and financial management knowledge in 11 critical areas,
including financial planning, analysis, control, and decision support. For more information about
the CMA certification program, please visit http://www.imanet.org/certification.
About IMA® (Institute of Management Accountants)

IMA, the association of accountants and financial professionals in business, is one of the largest
and most respected associations focused exclusively on advancing the management accounting
profession. Globally, IMA supports the profession through research, the CMA® (Certified
Management Accountant) program, continuing education, networking and advocacy of the
highest ethical business practices. IMA has a global network of more than 90,000 members in
140 countries and 300 professional and student chapters. Headquartered in Montvale, N.J.,
USA, IMA provides localized services through its four global regions: The
Americas, Asia/Pacific, Europe and Middle East/India. For more information about IMA, please
visit http://www.imanet.org.
( https://www.telegraphindia.com/pressrelease/prnw/64006/ima-reveals-cma-
exam-top-performers-from-india.html
http://www.businesstoday.in/prnewswire/index.jsp?rkey=20171004enIN201710
046846_indiapublic&filter=2418
http://www.indiainfoline.com/prnewswire?rkey=20171004enIN201710046846_i
ndiapublic&filter=4993
http://indiatoday.intoday.in/prnewswire/index.jsp?rkey=20171004enIN2017100
46846_indiapublic&filter=4315 )
If you are an ambitions finance PRO, THIS IS YOUR TURN .
Now you may pursue US CMA/CPA after your working hours by joining our Live
Online Global Classrooms from your home computer. From scratch to End, we
take all responsibilities to make you a US CMA /CPA.
Interested?
Write me back.

CPA Exams – embrace the changes in the
industry
Leaders, Dreamers, Interns & Go-Getters,
Most of us have been trained to think linear and local rather than
exponential and global. Today, we are being forced to change our
thinking about age-old challenges in the accounting profession
(talent, workflow processes, technology and providing relevant real-
time wisdom rather than just information).
Where will you and the profession be in 10 years? According to
the Economist in 2013, there was a 94 percent probability that
accounting and audit jobs as we know them today will be lost due to
disruptive technology over the next 20 years.
The February 2016 edition of 24/7 Wall St., references the Bureau
of Labor Statistics’ similar prediction that jobs in bookkeeping,
accounting and auditing will decrease by at least 8.4 percent by
2024. We already see the early stages with new technology that
eliminates data entry, coding and reconciliations.
As a result....
Some will probably choose to allow the gravity of the past to
paralyze them while others will become future-ready. We believe
accountants
can go for both.
We believe it is an “and” proposition, providing the excitement
and needed growth opportunities to attract excellence and
leverage technology that allows you to work from anywhere and
at any time. Work is what you do, not where you go.
An Accountant or Finance professional should move up the value
chain, focusing on knowledge and wisdom.
Remember, companies are looking for “signals,” not “noise” when it
comes to managing their business.

You can take one step forward to be a CPA US - The topmost
Public Accounting qualification of the world demanded by all Big 4
firms and MNCs of next generation.
Contact us stating your educational details to go for it.
CPA – WORTH THE HARD WORK
Friend,
I’m not here to tell you that becoming a CPA is easy. Some people don’t have
hundreds of hours to pour into studying because of family life, work, or other
reasons. Others simply seem
to
have intellectual strengths in other areas. It’s not for everyone. Becoming
a CPA is challenging. But it is worth the hard work.
If becoming a CPA is in your future, you are in luck.
The financial benefits for a CPA are clear. CPAs often make more money
for the same job than they would if they did not hold the license, and it routinely
enables them to secure jobs they would not be able to get without it. According
to the AICPA, CPAs earn 10-15% more than non-CPAs working in accounting-
related jobs. Other studies have shown the gap as high as 41%
between the certified and un-certified.
Regardless of what area of accounting you go into, the CPA title will, above all
other designations, separate you from the rest of the field. If you work in public
accounting, you will absolutely get preferential treatment for being a CPA. Many
titles and levels in your firm will be unattainable without it, and as a result your
pay will have a much lower ceiling.

If you choose not to go into public accounting, the benefits of being a CPA could
be even greater. Being a CPA instantly gives you credibility, arguably more so
than its three-letter counterpart—the MBA. The CPA title speaks not only of
your work ethic and professional experience, but of a certain level of mental
aptitude. The vast majority of the population is capable of earning a business
degree, but the same cannot be said for earning the Certified Public Accountant
designation.
Whether you are applying for a role in finance, accounting, marketing, production,
or administration, being a CPA is a sign of intelligence and expertise. For
companies trying to determine the best applicant, it gives them an objective
measurement of your capabilities where question marks exist for your competition.
In addition, companies desperately want and need the counsel of CPAs for tax and
legal advice, and the opportunity to employ one in-house can be very
attractive. The result? Excellent job security, good pay, and plenty of respect from
both co-workers and friends.
Becoming a CPA is not for everyone. But if better pay, a more desirable position,
and job security are important to you, I recommend you grab the book and
start studying.
AICPA, NASBA and Prometric Announce Successful
Launch of Next Version of CPA Examination
Published April 11, 2017
New York, Nashville, Baltimore (April 11, 2017) – The American Institute of CPAs (AICPA), National
Association ofState Boards of Accountancy (NASBA) and Prometric are pleased to announce the successful
launch of an updated version of the Uniform CPA Examination.
The next generation Exam,which began testing on April 1, has added additional assessmentofhigher-order
cognitive skills thattesta candidate’s critical thinking,problem solving and analytical ability.The Exam also
makes greater use oftask-based simulations (TBSs) as a means ofassessing these higher-order skills.Recent
research confirms thatCPAs are now performing tasks thatrely upon these skills earlier in their careers.
“The roles and responsibilities ofnewlylicensed CPAs are constantly evolving, so it’s crucial for the CPA Exam to
stay ahead of the curve. The CPA Exam now better reflects the knowledge and skills essential to today’s
profession,” said Michael Decker,AICPA vice presidentofexaminations.“With an eye toward the future, we’ll
continue to work with stakeholders to ensure thatthe CPA Exam, along with the experience and education
requirements,maintains the high bar for entry into the profession.”
The Exam provides assurance thatindividuals who pass have the technical knowledge and skills necessaryfor
CPA licensure.The current, relevant, reliable and legallydefensible Exam maintains the profession’s

commitmentand mandate ofthe Boards ofAccountancy to protect the public.
“The new Exam Blueprints demonstrate the continuous enhancementmodel ofthe Uniform CPA Examination,”
said Colleen Conrad,CPA, NASBA executive vice presidentand chiefoperating officer. This strengthens the
public protection role of Boards of Accountancy by enhancing the examination portion of the licensing model
(education,examination and experience) used to regulate more than 700,000 licensees throughoutthe U.S.,” she
continued.
Among the mostimportantchanges to the CPA Exam:
 Exam Blueprints containing approximately600 representative tasks across all four Exam sections are available
on the AICPA website.The blueprints have replaced the ContentSpecification Outline (CSO) and Skill
Specification Outline (SSO) as CPA candidates’ primarysource ofthe contentand skills thatthey will be tested
on. These blueprints are more robustthan the CSO and SSO, identifying content knowledge linked directlyto
representative tasks performed bynewly licensed CPAs.
 The Exam remains composed ofthe four existing sections – Auditing and Attestation (AUD), Business
Environmentand Concepts (BEC), Financial Accounting and Reporting (FAR) and Regulation (REG).
 Any combination ofpassing Exam sections prior to April 1 and passing Exam sections on or after April 1 (within
the 18-month window following passing one section) will counttoward licensure.
 Total CPA Exam testing time increased from 14 to 16 hours – four sections offour hours each.
 A new, 15-minute standardized break during each section thatwill not count againsta candidate’s testing time
had been added.
For candidate convenience,the 10-day extension of the testing window introduced in April 2016 will continue in
the third and fourth quarters of 2017.The 10-day extension will not be available during the current April/May
testing window to allow the AICPA to follow the standard setting process and analyze Exam results to set new
passing scores.To provide sufficienttime for the process,scores will be released onlyonce following the close of
each testing window.
“Through strong collaboration and partnership,we are proud to be a part of this jointeffort to successfullybring
the latestversion of the Uniform CPA Examination to market,” said Michael Brannick,presidentand chief
executive officer, Prometric.“By successfullycompleting the exam,candidates demonstrate thatthey have the
knowledge,skills and abilities to perform their jobs. We are pleased to continue our work with both AICPA and
NASBA in protecting the public interestfor years to come.”
The Exam that launched April 1 is based on an extensive practice analysis overseen bythe AICPA’s Board of
Examiners,which included inputfrom key stakeholders throughoutthe accounting profession.
In addition to the changes to the CPA Exam which have alreadyoccurred, the AICPA is working on an improved
user experience which is expected to launch in 2018.More information on thatproject will be announced later
this year.
The CPA Exam is administered in 55 jurisdictions nationwide bythe AICPA, NASBA and Prometric.The same
version of the Exam is also administered in English internationallyin Japan, Bahrain,Brazil, Kuwait, Lebanon and
the United Arab Emirates.
Detailed information on the CPA Exam is available online
at www.aicpa.org/cpaexamand https://nasba.org/exams/the-next-version-of-the-cpa-exam/.

CPA – A recession-proof qualification
Hi,
Some days back, you were thinking about doing the CPA. And
you were thinking in the right track.
This is the reason WHY...
The U.S. Bureau of Labor Statistics says that employment of accountants
and auditors is expected to grow faster through 2018 than for all the
occupations the bureau tracks. It adds that the best prospects are for those
“who have a college degree and professional certification, especially a
CPA.” CNNMoney.com, which ranks the “hottest” jobs based on “great pay
and superior growth prospects” and “work that's meaningful,” puts CPA as
number 6 on its top-ten list.
Why the CPA job market remains strong even during recession?
Continuing demand is good news for CPAs. It means career
stability, excellent compensation, increased mobility, and
continued career growth opportunities. Several factors have
combined to sustain demand for CPAs.

 Corporate Scandals and an Intense Focus on
Business Ethics:
Intense focus on corporate accountability as a result of widespread fraud and wrongdoing
continues to fuel demand for CPAs. Companies must now meticulously scrutinize every
aspect of the entire accounting process, and corporate leaders — many of whom are not
accounting experts — must personally attest to the integrity of their financial statements.
Expanded and more stringent regulations also mean government agencies are hiring CPAs
to monitor how well companies comply.
 The Global Economy and a Move Toward International
Reporting Standards:
The global economy and proliferation of multi-national organizations increases the demand
for CPAs both internationally and domestically. The world marketplace today needs experts
who understand everything from international business ethics to International Financial
Accounting Standards. CPAs who can adapt to other cultures and understand global
business perspectives and regulations are extremely valuable.
 Business Complexity and Constantly Advancing
Information Technology:
New business models, more complex information, and evolving technology mean CPAs with
solid IT skills are needed to design, integrate, and implement advanced software systems.
They are also needed to serve as consultants to link technology solutions with sound
business practices.
 Projected Retirements of a Large Number of CPAs in the Near Future:
According to the AICPA, 75 percent of today’s CPAs—by and large the baby boomers—will
be retiring within the next 15 years. As they leave full-time active practice, the demand for
qualified CPAs to fill the ranks will continue to increase. A side effect of an aging population
in general is an increased need for CPAs to assist in retirement planning.
DEMAND FOR CPA IN INDIA:
With the growth of global economy and establishment of lot of multinational companies and
outsourcing work in India, the demand of CPA has increased considerably. This is because US
companies connect with CPA easily than the Indian CA’s not because of knowledge but
because of the credibility. All the multinational companies as well as Big 4 want to hire CPA
compared to CA just to make sure that they can bring in uniformity in accounting practice
and presentation. Lot of companies needs to publish their financial statements according to
US GAAP for SEC reporting, so they need a professional who has in depth knowledge of US

GAAP & IFRS. Some companies even have to prepare their financial statements first in Indian
GAAP and then convert it into US GAAP or IFRS and it can achieved with the help of CPA who
is well aware with SEC reporting and US GAAP &IFRS reporting framework. CA candidate lack
this knowledge and that’s the serve as the basis for the selection and rejection of the
prospective candidate.
The market research shows that lot of CAs after finishing their CA exams enrolls for CPA
certification and this shift has occurred in Indian job market as well as the students because
of the growing opportunities in the multinational companies and Big 4s like Deloitte, PWC, EY,
and KPMG etc.
Take a look at the average salaries for college graduates in public and
private accounting. Keep in mind if you also have a CPA license,
you’ll make 10-15% more when you start out.
Employer Jr. Level (0 - 3 yrs.) Sr. Level(4 - 6 yrs.)
Public Accounting (large firm) $63,250-$83,250 $78,500-$106,500
Public Accounting (medium firm) $56,500-$67,750 $70,500-$96,000
Public Accounting (small firm) $51,500-$60,500 $63,750-$81,500
Corporate Accounting (large co.) $53,750-$69,500 $68,750-$87,750
Corporate Accounting (medium co.) $49,250-$65,250 $61,250-$79,750
Corporate Accounting (small co.) $45,000-$59,000 $57,500-$70,000
Serious earning potential over time gives CPAs great job security. Here are some examples of
upper-level salaries for managers in corporate accounting:
Position Large Co. Small to Medium Co
Chief Financial Officer $207,000-$465,750 $105,250-$208,750
Corporate Controller $140,000-$224,750 $92,000-$161,250
Tax Manager $112,000-$158,250 $88,000-$124,750

Click here for an instant query mentioning your educational
qualifications. We do a free eligibility check before you join for
our CPA live online interactive classes.
The One Business Mentality You Need To Be
A CPA
Dr. Alia Crum famously says in her Ted Talks, “Change your mindset, change the game.” This
philosophy is especially true in how we relate to one another. In today’s evolving marketplace, being a
successful corporate/businessperson requires the ability to work and engage with people from all over
the world and from many different cultures.
Understanding the global mindset
The global mindset is “the ability to relate to and influence individuals and groups whose culture and
way of doing business are different from your own.” It’s necessary for anyone who wants to “change
their game” and thrive in today’s business environment.
But incorporating this perspective means more than just changing the way you think. It means filling
your mind with information that will help you behave in a more culturally sensitive way, making you
more effective in both business and community. The global mindset’s three capitals were developed
by Thunderbird University, and include:
1) Intellectual capital (what you know): Having global business savvy, a cosmopolitan outlook, and
cognitive complexity – including strong analytical and problem-solving skills.
2) Psychological capital (what you feel): Possessing a passion for diversity, a desire to challenge
yourself, and self-assurance.
3) Social capital (what you do): Demonstrating intercultural empathy, interpersonal impact, and
diplomacy.
Why a global mindset matters
A person who embraces these three capitals can interact with a wide variety of people successfully.
And positive personal interaction helps set the foundation of any good business relationship.
 A global mindset provides you with greater market insight. A culturally diverse team is
more likely to have superior knowledge about the political and social idiosyncrasies of
different foreign markets.

 You will improve morale among employees/subordinates. People want to feel
comfortable and respected in their workplace. When a leader embodies a global mindset,
employees are happier. Plus, companies with a reputation for encouraging a global
mindset will draw more talent from all over the world.
Change comes from within
Two other keys help you achieve a global mindset: possessing self-assurance and practicing
mindfulness.
 Self-assurance means you have the confidence it takes to power through an uncomfortable or
unfamiliar situation (for instance, when you’re in a different cultural setting).
 Mindfulness is a state of being that involves increased awareness of emotions, thoughts, and
surroundings. Practicing mindfulness decreases negative bias that helps us better
understand the context of people’s actions.
Register now for “Being a CPA - The world's most demanded Public Accountant,” within 30th Oct,
2017 and avail huge discounts from LOGIC SCHOOL OF INTERNATIONAL STUDIES - The most
veteran tutor in India for US CMA & CPA studies.
CPA Exam Structure - What you need to achieve:

What you learn being a CMA US and earning potential

What you learn being a CMA US and earning potential

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