The document discusses the benefits of becoming a Certified Management Accountant (CMA) or obtaining the CMA certification. It outlines the key competencies assessed in the CMA exam, including planning and reporting, decision making, technology, operations, and leadership. It then discusses the financial benefits of becoming a CMA, noting that CMAs globally earn 45% higher base salaries and 50% higher total compensation on average compared to non-CMAs. The document also highlights insights from IMA salary surveys, including that CMAs of all ages earn more and that the certification creates career opportunities and strengthens the ability to move across business areas.
Emerge Management Training Center has been established to satisfy the growing needs of professional skills in Dubai. It has been approved by Knowledge and Human Development Authority, Government of Dubai, UAE.
E-recruitment wipro project file
it helps for the Wipro e-recruitment
it is depends on the project of wipro company
its is usefull to all the people who will do the project of e-recruitment
It is mainly used for the job purpose.
Emerge Management Training Center has been established to satisfy the growing needs of professional skills in Dubai. It has been approved by Knowledge and Human Development Authority, Government of Dubai, UAE.
E-recruitment wipro project file
it helps for the Wipro e-recruitment
it is depends on the project of wipro company
its is usefull to all the people who will do the project of e-recruitment
It is mainly used for the job purpose.
Where Do MBA Applicants See Themselves in 10 Years?www.TopMBA.com
What percentage of MBA applicants hope to be the CEO of a large company? How many want to start their own business? Which are the most popular industries that applicants are targeting? Click through the slideshow to find out more about what MBA applicants expect to get out of their qualification!
Every year, Kelly Services conducts a comprehensive survey of talent issues in many industries the world over. It is one aspect of an aggressive campaign to help the world’s companies understand what attracts, engages and motivates workers. This report is covering our findings about what workers in Finance want.
Riskpro human capital management services 2013Nidhi Gupta
We would like to introduce our firm Riskpro-India – a specialized Risk Management Consulting firm based in Mumbai, India and with offices at Delhi and Bangalore.
We would like to get empaneled with your organisation for all your recruitment requirements. We are India’s fastest growing recruitment and risk management consulting firm. Please see attached our profile for more information.
Human Capital Management Services (HCMS) – a division of Risk-pro, is a professionally run organization focused to provide customized HCM solutions to the corporates to bring un-matched value for them. HCMS inter-alia includes niche, complex and time-bound talent acquisition at all levels, complete employee payments outsourcing solutions, technical, behavioral and cultural trainings, employee retention strategy, employee satisfaction surveys, HR policy drafting and documentation, sharing industry-best practices etc.
Risk-pro also provides highly specialized services in the field of risk management, internal audits, forensic accounting, investigations, prevention of fraud, process reviews etc.
We take pride in saying that we are among the fastest growing consulting companies in India. Today, we have offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals into HR management and consulting. We have plans that will help us sustain this growth. Our presence in almost all states of India and beyond by 2014, is almost certain.
In talent acquisition, a fine blend of technology and professional human touch has given us an edge over others where talent and profile matching is left to technology. We have a team that not only brings years of professional and rich experience in varied industries, but are passionate to make hitherto impossible things possible for the client. However, words do not have enough strength to reflect our true potential, and though, to get a sneak peek, we strongly urge you to visit our website and go through the attached document, but we would be delighted to have a face to face meeting with you/your HR / Corporate Heads.
We are confident, our approach, methodology and professionalism along with commitment towards long-term sustainable relationships, will impress you to pave the way for our alliance that will be mutually beneficial to both the organizations. Experience Risk-pro HCMS, experience the difference.
A Master’s in Business Administration (MBA) degree is one of the most sought after degree courses in India. Currently, a wide range of career-oriented management programs are offered by a plethora of reputed B-schools in India. An MBA degree holder finds various career opportunities in different fields such as finance, human resource, operations and marketing.
Deciding to study an MBA (Master of Business Administration) is a big decision to take for aspiring global managers. Is choosing an MBA at a business school worth the time and financial investment as well as the demanding entry requirements? If you're preparing to enter the competitive business world of today, we believe it is. An MBA will offer you a wealth of advantages, especially when it's offered by a top business school with a very good reputation. Getting a higher salary after graduation, landing a top management position or even becoming your own boss are just a few of the extra advantages.
Seeking MBA or a post-MBA career?
Here's MBA Career Stories, an inspirational book written in co-operation by 33 MBAs from around the world. If you are interested in knowing more about the MBA as a degree and want to read real life career stories, this is the book for you.
Glad to inform that me and my alma mater, Kathmandu University School of Management's story is profiled too :)
Where Do MBA Applicants See Themselves in 10 Years?www.TopMBA.com
What percentage of MBA applicants hope to be the CEO of a large company? How many want to start their own business? Which are the most popular industries that applicants are targeting? Click through the slideshow to find out more about what MBA applicants expect to get out of their qualification!
Every year, Kelly Services conducts a comprehensive survey of talent issues in many industries the world over. It is one aspect of an aggressive campaign to help the world’s companies understand what attracts, engages and motivates workers. This report is covering our findings about what workers in Finance want.
Riskpro human capital management services 2013Nidhi Gupta
We would like to introduce our firm Riskpro-India – a specialized Risk Management Consulting firm based in Mumbai, India and with offices at Delhi and Bangalore.
We would like to get empaneled with your organisation for all your recruitment requirements. We are India’s fastest growing recruitment and risk management consulting firm. Please see attached our profile for more information.
Human Capital Management Services (HCMS) – a division of Risk-pro, is a professionally run organization focused to provide customized HCM solutions to the corporates to bring un-matched value for them. HCMS inter-alia includes niche, complex and time-bound talent acquisition at all levels, complete employee payments outsourcing solutions, technical, behavioral and cultural trainings, employee retention strategy, employee satisfaction surveys, HR policy drafting and documentation, sharing industry-best practices etc.
Risk-pro also provides highly specialized services in the field of risk management, internal audits, forensic accounting, investigations, prevention of fraud, process reviews etc.
We take pride in saying that we are among the fastest growing consulting companies in India. Today, we have offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals into HR management and consulting. We have plans that will help us sustain this growth. Our presence in almost all states of India and beyond by 2014, is almost certain.
In talent acquisition, a fine blend of technology and professional human touch has given us an edge over others where talent and profile matching is left to technology. We have a team that not only brings years of professional and rich experience in varied industries, but are passionate to make hitherto impossible things possible for the client. However, words do not have enough strength to reflect our true potential, and though, to get a sneak peek, we strongly urge you to visit our website and go through the attached document, but we would be delighted to have a face to face meeting with you/your HR / Corporate Heads.
We are confident, our approach, methodology and professionalism along with commitment towards long-term sustainable relationships, will impress you to pave the way for our alliance that will be mutually beneficial to both the organizations. Experience Risk-pro HCMS, experience the difference.
A Master’s in Business Administration (MBA) degree is one of the most sought after degree courses in India. Currently, a wide range of career-oriented management programs are offered by a plethora of reputed B-schools in India. An MBA degree holder finds various career opportunities in different fields such as finance, human resource, operations and marketing.
Deciding to study an MBA (Master of Business Administration) is a big decision to take for aspiring global managers. Is choosing an MBA at a business school worth the time and financial investment as well as the demanding entry requirements? If you're preparing to enter the competitive business world of today, we believe it is. An MBA will offer you a wealth of advantages, especially when it's offered by a top business school with a very good reputation. Getting a higher salary after graduation, landing a top management position or even becoming your own boss are just a few of the extra advantages.
Seeking MBA or a post-MBA career?
Here's MBA Career Stories, an inspirational book written in co-operation by 33 MBAs from around the world. If you are interested in knowing more about the MBA as a degree and want to read real life career stories, this is the book for you.
Glad to inform that me and my alma mater, Kathmandu University School of Management's story is profiled too :)
Emerge Management Training Center has been established to satisfy the growing needs of professional skills in Dubai. It has been approved by Knowledge and Human Development Authority, Government of Dubai, UAE.
At CAPS Nagpur, a CA Foundation coaching in Nagpur, you will be under the best of hands from the industry, and will be trained under people who have been professionals and will get the right kind of exposure about the field. Get in touch with us today to know more about how you can start your CA foundation journey at CAPS Nagpur today.
CPA – Certified Public Accountant is the reigning profession for public accountants all over the world. CPA is the statutory title offered to people who pass the uniform CPA examination and meet additional education and experience requirements for membership in any one of the states in the United States of America. The CPA designation is provided by the individual states in the US –the regulatory bodies in the process include the NASBA (National Association of State Boards of Accountancy) and the AICPA (American Institute of Certified Public Accountants). CPA, in very simple terms, is the US equivalent of the Indian CA qualification.
A Business Analyst is a professional who is good at doing an analytical study of the data to provide real-world information based on the needs of an organization. It is a great career option in India and is quickly growing towards becoming one of the highest-paying career profiles in the field of management
Basically, the job of a Business Analyst is not just to understand the requirements of clients and suggest procedures that help in improving the services of an organization but also to ensure that the solution/procedures offered are streamlined and offering the best outputs to an organization. The process may include evaluating the competition, reviewing financial statements along with analyzing the existing business practices.
Candidates who wish to take up the career of a Business Analyst can check this article for all of the important details about the career. Information such as courses, scope, salary, colleges etc. for becoming a Business Analyst in India can be found here.
Direct admission to mba in quantitative analysis through donationVikram D V
Register for MBA-PGDM-MMS Programs Admission under Management Quota
If you are Planning to get Admission in any Management Programmes like :- MBA, PGDM, MMS, PGDBM, PGDM, Executive MBA, Executive PGDM...etc under Management Quota then Register with TRUMP Career Solution with 100% Guaranteed Admission in your dream College at your budget Constraint. Register for MBA-PGDM-MMS Programs Admission under Management Quota.
For More Details Call :- +91-9742479101/+91-9742886036/080-42173206
(Register for MBA-PGDM-MMS Programs Admission under Management Quota)
It's important to management accountants to display how professionals can work across cross-functional teams at businesses to transform operations throughout the organization, here are the points that IMA suggests as competencies for CMAs to have.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
1. 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
2. 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
--------------------------------------------------------------------------------------------------------------------------------------
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:
3. 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
Bhaswati Bhattacharya
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
4. 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)
5. 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.
Bhaswati Bhattacharya
6. 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.
7. 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.
Bhaswati Bhattacharya
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.
8. 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.
Bhaswati Bhattacharya
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
9. 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/.
Bhaswati Bhattacharya
10. 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.
11. 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
12. 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
13. 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.
Bhaswati Bhattacharya
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.
14. 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:
Bhaswati Bhattacharya