CPA vs. CMA Certificate | What Are The Differences and How To Choose

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If you are trying to decide whether to pursue a career as a CPA (Certified Public Accountant) or a CMA (Certified Management Accountant), this video will help you decide by considering the following factors:
1) Your personality type..are you an introvert?
2) Do you plan to move across counties in the future?
3) Do you want to own your own practice?
4) Is your end goal becoming a CFO?
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Опубликовано:

29 июн 2024

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Комментарии : 344

@TheFinancialController 3 года назад

Correction: For CMA, the 2 year work experience can be after the exam, and doesn’t need to be prior to the exam.

@acm0045 3 года назад

Correction: As a CPA you just need to apply in another state, not get their equivalent of a CPA.

@anirudhhattangadi3534 2 года назад

But ravi indupuri moody doesn't mix up with anyone

@anirudhhattangadi3534 2 года назад

@@acm0045 but ravi indupuri eats food though he's moody cost accountant fellow

@sungal42003 2 года назад

Also for CMA certificate the 2 years of work experience can completed up to 7 years after passing the exam

@marioandultrachap Год назад

Yeah I heard that I was like wait what? I was about to be pissed for a minute

@huiyang962 Год назад

I have both CPA and CMA. I work for manufacturing industry. CPA got me the job, CMA helps me to do day to day job.

@mohmedyounis7721 7 месяцев назад

I have CMA and going to start CPA

@R.G.Edio_CPA 4 месяца назад

I wanna be like u

@luiscalderon9019 2 месяца назад

Congrats! I just earned the CMA as well and already have my CPA license. The CMA exam was slightly harder in my opinion, passed with a 72 exam score on both parts 😅

@blackhouse7646 Месяц назад

Did the cma help you with costing?

@TomKaren94 Год назад

I have had a CMA for over 10 years. Most employers have no idea what it is. Almost all CPAs think it's worthless. I tried to explain it that CMAs work primarily on corporate accounting and CPAs do tax and audit. Controllers are best served as CPAs, finance managers up through CFOs might be better as CMAs.

@positivechic1463 9 месяцев назад

The best explanation I’ve heard thus far

@nailatiylluf 9 месяцев назад

This is my fear with pursuing a CMA. If someone doesn’t know what it is how does it help you more than just knowledge of the job?

@luiscalderon9019 2 месяца назад

It depends on who you’re talking to honestly. I didn’t know what the CMA was until 2 years ago and after careful consideration and research and long study hours I became one in 2024 🎉

@RenoCPA-yx3kk Год назад

Thank you so much for creating this content. Glad I stayed to the end because I really needed to hear the message. I was stuck for so long but this video changed my perspective, and I feel like I can finally move forward. Thank you.

@xXSoLiDSnaKeXxv 3 года назад

Yes! I was waiting for this video. Simple but very informative. I want to thank you for your accounting interview help videos just landed my first accounting job in the A/R department of a global company. Looking forward to more videos in the future!

@TheFinancialController 3 года назад

Amazing, thanks for following the channel Ryan!

@DreamFirms Год назад

More people need to check this out! Thanks for sharing.

@mk2mister2 3 года назад

In the US, you do not need to be a CPA to sign off on tax returns. You need it to sign off on audit and review engagements. You need to be either a CPA, Enrolled Agent or attorney to represent a client before the IRS.

@TheFinancialController 3 года назад

Correct

@Liam69400 2 года назад

This is the best explanation I have ever seen on the subject! I would love to know your input on a CMA - EA combination. Again, you did such an amazing job. Many of the times that CPA's have given me input on the CMA, they almost always snub the CMA and say that it is second rate when compared to the CPA. I saw a much more honest approach from you. The comparison between the Mercedes and BMW totally paints the picture. Thanks!

@Samuelh8989 Год назад

I have the same question about the CMA-EA combo. Unless you're working in auditing, I'm struggling to see the benefit of a CPA over a CMA + EA. If your providing accounting and tax services, some states require you to be a CPA to the use of the word "Accountant" in advertising services. The other one is just public recognition, nobody says "let me talk to my CMA" or "EA," they always say, "let me talk to my CPA." Personally, I'm about 5 years into my career and I don't have the 150 credits to become a CPA. I'll be getting an EA license soon and then start working on the CMA.

@Liam69400 Год назад

@@Samuelh8989 I totally agree. I think that is where people are landing. It takes awhile for people to question the norm and make something different and their own flare. I also think that this change will also encourage the practitioners to share more strategy with their clients....most of the CPAs I have worked with just don't take the time to do that. To me, that is the value added instead of just filling out forms for the client. Communication is key! CMAs do a LOT of strategizing. I think it will only be a matter of time before the CMA and EA is just as known. Change takes time and is only caused by those who challenge the norm🙂

@kaylachap10 Год назад

This was such a great explanation!! Very helpful!

@404TRUCKERTV 3 года назад

I've been researching accounting job posts, I haven't seen cma requirement that often. A cpa seems more common and well known.

@nikhiloommen4949 3 года назад

YOU havent dont your research well

@404TRUCKERTV 3 года назад

@@nikhiloommen4949 lol, simply typing accountants and 10 secs internet search, will show you that in America the Cpa is the most common accounting certification. so there's nothing to go back and forth about here.

@MrAlvaradodan 3 года назад

I am a CMA and thought you did a good job laying this out. I to get asked what is the difference all the time. My current role is in revenue management and pricing strategy.

@TheFinancialController 3 года назад

Good to know Daniel! Thanks for watching and contributing!

@mouaicifarhat5072 Год назад

Hi my friend , please i need some information and help , i want to start my CMA but i don't know how i will subscribe or the official website

@Nomintoihamt Год назад

Thank you so much for the just right information

@XLR8Games 3 года назад

Great timing of this video. I was just thinking about this. CPA candidate here, decided to pursue it after 13 years as an Accountant. But also considering getting CMA after my CPA.

@TheFinancialController 3 года назад

Good luck!

@Wanderlust_strummer 3 года назад

My most awaited video is here !!! Thank you, thank you, thank you

@TheFinancialController 3 года назад

Hope it lived up to your expectations!

@cintia1771 4 месяца назад

God bless! Don't spend too much think and spend more time doing! Best advice in the video, thank you!

@vivekkv9329 3 года назад

The video is very informative and thank you for the videos❤️❤️

@dla3bnotah 2 года назад

Thank you such a life savior, you just made me prove my vision and decision.

@yourlifebeginsstudio 3 года назад

Thank you so much! This video gave me more clarity!

@TheFinancialController 3 года назад

Thanks!

@anirudhhattangadi3534 2 года назад

@@TheFinancialController ravi indupuri moody doesn't mix up with anyone

@Bella-wj7kf Год назад

Great explanation, thank you!

@dionzapata7959 2 года назад

Thank you for the information 🙏🏼

@dennychow943 Год назад

Hi, I am taking my Part 1 CMA exam in less than 3 weeks. Currently an FP&A, after I told my boss I will sit for the CMA exam, he offered to pay for the exam and will request a salary increase after I pass -- been at my job for 6 months. I think mainly because he knows I will be highly seeked after by other companies when I pass my CMA and wanted to keep me. IMO, CPA is great for Public accounting but in the private sector (mainly manufacturing) CMA is way more appealing. Depending on your career wants, both certificate will immediately add monetary value to you.

@clarenceharris524 Год назад

I believe everything being equal with a candidate , I think you might have a stronger technical accountant with someone who passes the cma vs the cpa. Although it says a lot by being able to get either credential. The CPA has more brand recognition in my opinion, so it is easier to market yourself as a professional. You could just get both credentials. I passed the cma, cpa, ea in that order.

@mehra777 Год назад

Where did you get the FP&A from and how long did it take you to get it?

@ayaspapaya Год назад

@@clarenceharris524 well you wouldn’t need an EA if you have a CPA, right? But I agree that cpa and cma is a great combo to have and one that I am considering.

@FTA-0 2 года назад

15:35 I couldn't find the (big) thumb up, only the normal thumb up 😄 Thank you!

@poonamtambe6605 6 месяцев назад

Loved this video 👌 very well explained about cpa and cma

@aruva8995 3 года назад

Much awaited video.thank you

@TheFinancialController 3 года назад

Great!

@mouaicifarhat5072 Год назад

Thank you so much for this explanation, really i like it , appreciated

@mouaicifarhat5072 Год назад

Hello I want help, if you could please I want to start studying CPA , I haven’t other choice , i have more then 10 years experience Now I’m working as accounting manager, but anywhere I applied for finance controller they required CPA certificate Please I want to start, and please can you share with me the link of the school

@tw2800 Год назад

You mention that you admire CPA's who started their own practice and that you may wish to follow this career path yourself in the future. Will you please consider making a video on the career path you would recommend for those students who want to gain practical education and work experience to ultimately prepare themselves for starting and growing their own firm? I would really appreciate this kind of video since most accounting videos focus on becoming the best employee wo discussing a strategy for developing an end goal of preparing oneself to become self employed. Thankyou!

@yannnana Год назад

Thank you for those information.

@johnstonnavarro5884 2 года назад

Thanks for valuable insights Bill! Aspiring CMA and a future CFO here. Your video inspired me to pursue CMA. Keep it 👆.

@TheFinancialController 2 года назад

Good luck!

@jhonhonai9737 8 месяцев назад

Did you complete

@Swarnadeep_ 6 месяцев назад

Any updates?

@europeantamizhar1109 Год назад

Thanks for your assistance ❤️

@avernvrey7422 Год назад

Far easier to get the experience requirement for the CMA. Plus, the IMI doesn't (often) verify your experience (random sample). While another CPA has to sign off on your experience, in every case, for the CPA license. Wider range of work qualifies for the CMA also. CMA travels with you better, if you want to live abroad (and I did). The CMA is wider in application, by which I mean you can get into finance easier (which I wanted to do). I wanted to work in finance, but knew a finance degree from a small university wouldn't cut it, instead I did an accounting degree with the CMA to get in.

@dees900 Год назад

In Canada the CMA has been absorbed by the CPA. Candidates can either choose public accounting or finance/performance management as specialization for the exam.

@hanint2128 11 месяцев назад

such a beneficial video, Thank u 🙏

@saurabhgoel9323 Год назад

Thanks for this information

@nayefali6233 2 года назад

this the best explanation thx thats help alot alot

@TheFinancialController 2 года назад

🙏 thanks

@techunboxed5641 Год назад

Love from India, here it is very different, CPA is CA which have a national institute & licence authority (ICAI). If you look at the syllabus, CA is like CPA +CMA, ie. Tax, audit, costing, strategic management, control,etc.

@markushudson9333 5 месяцев назад

I am CFO bound and I am glad I read about the CMA. I passed first exam on first try (idk how though, that thing was hard af). Taking second part this month. I do still plan to work towards CPA directly after CMA but I will say in my career I have worked with many CPAs who are only good with the theory of accounting and are trash with application of that theory. So their CPA license did little for them. It got them the job, but they dont do the job well.

@LekshmiUnnithan 2 года назад

Thanks for explaining the difference between CMA and CPA. Simple and informative. I was confused to choose between CPA and CMA and finally decided to go for CPA after watching the video. Hopefully next year by this time I will get all my CPA exams done. Again Thank You.

@ceo8693 11 месяцев назад

so how was it? it’s been a year already

@jhonhonai9737 8 месяцев назад

Did you complete

@LekshmiUnnithan 8 месяцев назад

passed 3 sections and waiting for 4 th results@@jhonhonai9737

@markblagrove2832 3 года назад

Very impressive presentation.

@TheFinancialController 3 года назад

Thanks mark!

@ruberzaldivar2173 2 года назад

Valuable info.

@thecheekof 3 года назад

Also I want to slightly correct something you said. For the CMA exam, you can sit for it any time. However, you need 2 years of continuous work experience before you can officially put the credentials behind your name

@TheFinancialController 3 года назад

I see, thanks for letting me know!

@hamiezahezly7637 3 года назад

this video is very helpful , thank you very much😊

@TheFinancialController 3 года назад

Thanks for watching!

@anirudhhattangadi3534 2 года назад

@@TheFinancialController ravi indupuri eats food

@ntoling6762 3 года назад

Hi Fin Controller! Regards from the Philippines. What do I need to get a CPA certification in the US? Love you content and please make more.

@rangarajanm1111 3 года назад

Tqqq for quality content

@juanvlogs3102 3 года назад

I want to be a CMA in the future

@anirudhhattangadi3534 2 года назад

But ravi indupuri becomes moody doesn't mix up with anyone

@tracyc.1005 Месяц назад

Great video! I hate that CMA doesn't have the same recognition and perceived value as a CPA. I am more interested in the CMA and have no interest in public accounting. I work for a bank as an Internal Auditor. The following certs are encouraged, carry an incentive and are reimbursed: CIA, CPA, CFE, and CISA. I plan to pursue the CPA so I can have flexibility. The CPA is the gold standard, I always see jobs requiring this certification. If you put CMA into LinkedIn and look for jobs it will return listings for the medical field as CMA also stands for Certified Medical Assistant. That right there is a problem. If you type in CPA it only returns accounting roles.

@hamdaabdirahman593 2 года назад

The reason why CMA pass rate is lower is due to the entrance requirement as they indicated any bachelor degrees is okay.

@Mesteropuppets 3 года назад

Getting them both.

@TheFinancialController 3 года назад

Smart man

@nickw4898 3 года назад

Hello, I am currently going for my FAR exam for my CPA and getting ready to prepare for the one after, I've completed my 150 credits (MBA w/ Accounting and Accounting BS), as well as over 1 year of public work (Gov Audit as well as Personal and Corp Tax) I'm getting my CPA but I'm using it as a springboard to eventually get my PhD so I can become a professor, I dont personally love the public accounting world, it's a very great way to make a living but I'm a more free time oriented person over maxing out my income, however the knowledge I've gained through the CPA process is immeasurably helpful for both my own personal finances as well as helping friends with their businesses as well as being able to actually teach functional accounting and not just concepts in the future, the CPA study process has given me an outside look inward and its an amazing perspective to know. Could you possibly do something on the AICPA's CITS? I think Information Technology is going to be HUGE for accounting in the future especially with the rise of technology. is CITS worth it or is there a better path like learning a coding language + CPA? I think I'm becoming addicted to letters after my name hahaha.

@TheFinancialController 3 года назад

Hey nick. I am not sure what CITS is. Can you tell me more?

@nickw4898 3 года назад

@@TheFinancialController yes! My apologies, they had changed the name I think at some point I meant to say CITP! Certified Information Technology Professional. It appears as though many online say it may not be worth it, but it's also a newer certification arriving around 2008 I believe. It focuses on info security, cyber risks, business intelligence, data management and analytics, IT governance, risks and controls, on financial issues. I think there may be a large future for it, I'm considering it as a lighter test between my CPA and my PhD as I really love technology.

@TheFinancialController 3 года назад

Ok yup I will address, good topic 👏

@tw2800 Год назад

Will you please consider making a video on the career path you would recommend for those students who want to gain practical education and work experience to ultimately prepare themselves for starting and growing their own firm? I would really appreciate this kind of video since most accounting videos focus on becoming the best employee wo discussing a strategy for developing an end goal of preparing oneself to become self employed. Thankyou!

@ayaspapaya Год назад

I started as a bookkeeper then moved up to accountant and then controller. It took 12 years and a degree, but at 31 I’m finally here lol. Just barely made it by the skin of my teeth 😅😆

@marmariss191 2 года назад

Hello! I compled 4 years of Accounting at college outside of USA (Dom. Rep). I have diploma, certification and CPA license from my country. In my case, I'm looking for a job in accounting field. I worked in a small business as bookkeeper and I supported in many clerical accounting activities. What do you think about professional that come from outside of USA, how this affects the success in our careers. Thank you!

@freshprinceza5998 3 года назад

Good watch! Next video; CIMA versus CMA?

@TheFinancialController 3 года назад

@falta99 3 года назад

Hi Mr Bill, thank you for this clarification. I want to get a CPA certificate, could you please recommend for me an university or school where I can pursue the training on line? Thank you so much and good luck 🙏

@aspiringassetmanager4707 2 года назад

Miles education or Northstar academy.

@MA-zj7rj 2 года назад

Would you please make a video on the CTP also ... does it have any scope in the US or globally? I haven't seen any video from you on Treasury ... It's money-finance right?

@raneem4402 3 года назад

Your experience requirement does not need to be completed before you enroll in the CMA program or sit for the CMA exam. You are required to complete the experience requirement and send in verification within seven years of passing the CMA exam.

@TheFinancialController 3 года назад

Thanks for this clarification Raneem!

@perezjustin37 Год назад

I am starting my MAC at the end of the year. What area of study do you recommended for highest paying/ most wanted accounting fields?

@sindhukrishnamurthybk7192 2 года назад

I love your vedios sir, really helpful lot. I came from India, the way you explain, is great 👍.

@TheFinancialController 2 года назад

Thanks!

@anirudhhattangadi3534 2 года назад

@@TheFinancialController shouldn't you worry about whether or not ravi indupuri becomes moody particularly while eating bread toast jam?

@vrd1821 2 года назад

Hi, I’m CMA, lived and worked in Indian after I moved to USA. I studied for exam passed it, had work gap of 5 years.. looking to start fresh which and where career I should choose as a beginner

@JaxHO 2 года назад

Thank you for sharing this useful information. I have 1 year of auditing experience and 2 years of accounting experience. I wish to enter FP&A career but before that, I have to get a professional license. What comes to my mind is ACCA. Any professional advice can be given to me?

@Muhamed9407 2 года назад

I didn't watch the video yet I only saw the comments, but I think you doin a good job anyway. My question is I'm will be comfortable with CMA in terms of finding a good positions, and experience instead of the academic education " knowledge". Knowing I'm on edge of year to graduate.

@ndiegoba 3 года назад

Thank you so much

@TheFinancialController 3 года назад

Thanks for watching!

@anirudhhattangadi3534 2 года назад

@@TheFinancialController does ravi indupuri become moody while eating chilly chicken also? Shouldn't you worry about whether or not ravi indupuri becomes moody particularly while eating chilly chicken also?

@nakia4230 Год назад

I love learning about accounting. I’m a junior in college for my BA in accounting. But I honestly don’t want to climb the corporate ladder. I wouldn’t mind being a staff 2 accountant. Having a work/life balance.

@TheFinancialController Год назад

Thanks for watching Nakia!

@shaikabdullah9094 2 года назад

Thank you for your explanation. Here is my question - instead of thinking which to do, what's wrong doing both one by one?

@TheFinancialController 2 года назад

Both together are amazing for one’s career for sure

@mithonbarman1829 Год назад

Thank you very much from Bangladesh

@TheFinancialController Год назад

You are most welcome mithon

@fofanahsanphasamuel927 2 года назад

Thanks very much for your analysis..am really interested in the CMA qualification..currently doing ACCA..is it possible to travel to sit the CMA exams because don't have exams center in my country

@suraj-pw2wn Месяц назад

thanks

@MikesGFX 3 года назад

7:58 you do not need to have 2 years of experience prior to taking the CMA exam. I am currently taking it and I haven’t even graduated.

@ariana7474 3 года назад

You have seven years after passing your exams to get the 2 years of experience

@TheFinancialController 3 года назад

Thanks for contributing this fact

@anirudhhattangadi3534 2 года назад

@@TheFinancialController but he wouldn't go anywhere gurudutt Anna

@Antoinetteelean Год назад

What is the difference between of&a, controller, and a financial analyst?

@carloscorona1549 Год назад

What do you recommend? A. Associates degree in accounting or a certification?

@Yesboss252 3 года назад

Please tell me books & techniques that help you for your career CPA student

@Abu_AbdulAhad 2 года назад

If you're working in Transactions Tax for the Big 4, will they pay for you to get a CFA? Is it worth getting the CFA for this role?

@LucasOliveira-fl7tt Год назад

Here you go: my $1.00 contribution to the channel. lol Thanks very much for sharing such valuable content, Bill!

@TheFinancialController Год назад

haha thanks Lucas!

@vivekgandhi3784 11 месяцев назад

Hi I have been working in AR coordinator for last 6-7 years. I would like to go for either of them as my next role requires one of those certifications. Cound you suggest which one is better

@mariodorsey9260 3 года назад

Can you talk about forensics accounting

@TheFinancialController 3 года назад

@anirudhhattangadi3534 2 года назад

@@TheFinancialController but shouldn't you worry about whether or not ravi indupuri becomes moody particularly while eating chilly cheese toast also?

@exzavierallen8902 4 месяца назад

I'm a CPA in New York. I want to go get my CMA now.

@sandirahhal8419 2 года назад

How are the factors the same for each CMA ? How are they different?

@njh21 7 месяцев назад

Took the financial accounting course and I am deciding to do a bachelors in engineering at Michigan Tech and masters in accounting while pursuing CMA I think it will help me manage projects better. What are your thought? I’ve been looking at the CMA prep courses I will only have 60 credits by spring… I am 20 years old. Any thought The Financial Controller?

@jussmelisahhh430 3 года назад

this is helpful

@TheFinancialController 3 года назад

Thanks for watching!

@codemanblue 3 года назад

Hi, I got one of each.

@rudra109 Год назад

Kindly make a video on profile such as having some experience in Accounting & pursuing EA. Does that Accounting knowledge is useful if you want to do business taxation e.g 1120 for LLC?

@CR250RidR 2 года назад

I like the idea of CMA better. I hate working for the general public.

@aishyar Год назад

For MBA with 5 years of experience, which of these areas are best? CPA or CMA

@witnessthewrath8061 2 года назад

Can I get the CMA if I plan to own my own business? Or will I need to work for someone? I am a financial advisor

@DanielOnyedikachiOkwandu-nq5st Год назад

Hello please under CPA in order to be recognized globally, is it best to take or obtain CIMA(AICPA) license?

@melissakhlif 9 месяцев назад

Have you done a video on Enrolled Agents????

@Loganpaulberryoak Год назад

Do I really need a bachelors to go for being a CMA, and taking the test? I’m currently in the process in obtaining my Associate Degree in accounting; and wanted to know if I can be take a CMA with just that degree once I get it, and a little experience

@pvang9221 9 месяцев назад

Can work experience in private accounting meet CMA's requirement, or does it need to be in public accounting? TIA!

@ravitejamovva 3 года назад

I am going to join finance and investment banking course in uk. And ultimately want to pursue CFA, can u provide me any valuable suggestion.

@Hi_Google Год назад

Do you have a video for engineering working professionals or graduates who are aspiring to get a CPA? If you have please share the link many thanks in advance

@olddisney2 2 года назад

Old video, but as someone considering a career transition into accounting, what are your thoughts on taking (and, in theory, passing) the CMA exam and getting the 2 years’ experience and taking the CPA exam at the end of that?

@TheFinancialController 2 года назад

Good. But if you decide to focus on one certification, CPA is my choice

@WendyOryen 2 года назад

Can you be a freelance CMA and how much could you charge an hour?

@ucheokoyeinuluonum4296 2 года назад

I have a degree in mechanical engineering but for some reason I want to go into financial analyst program through CFI certificate programme. Is it advisable?

@tomwalker7629 Год назад

Both + CFA

@ismaelelaynen8964 Год назад

I have a bachelor degree in Accounting and i would like to study the CPA. But the problem is i dont have an experience in Accounting. I used to work in a bank as a customer Relationship officer. Any advice for me?

@bhuvi478 Год назад

which one is best US CMA OR US CPA please tell mee

@user-fq6sr4kz7q Год назад

Is there any entrepreneurial opportunities as a CMA? such as consulting?

@Revocateanimos24 3 года назад

Just finished the CPA and I am really considering the CMA next! What are your thoughts on getting both? I currently work in industry within a very large energy company. I want to work my way up. I only did a 12 week internship in public accounting and did not like it. I decided to get the CPA because IMO the CMA is not that well known, but I see that it is becoming more mainstream. Please let me know your thoughts on both. Thanks!

@TheFinancialController 3 года назад

Good move with getting the CPA first!! It’s more impactful. I say add the CMA only if you want to branch out to FP&A or similar roles

@Revocateanimos24 3 года назад

@@TheFinancialController thanks i might shift into internal audit soon. If I do then ill consider the CIA instead of CMA

@misterj3133 2 года назад

@@Revocateanimos24 Internal audit is a bad idea for a CPA.....

@andreamagdalenaramirez6142 9 месяцев назад

The 2 years of experience required before taking CMA exam, has to be in US jobs? Or could it have been obtained in a different country (experience)?

@jayking6360 2 года назад

Can you get both?

@michaelschweitzer6718 Год назад

I currently work in manufacturing as a Staff Accountant and would prefer to stay in the manufacturing field as I feel more comfortable in that environment. I think FP&A responsibilities could be more fulfilling, but I’m definitely introverted, so I don’t know…

@jixseyloportacion9177 Год назад

So long as you are able to go outside of your comfort zone and work on your communication skills then go for CMA even if you're introverted. Management will notice your insights and how well you explain it to them.

@misterj3133 2 года назад

I'm familiar with both. The only thing a CPA exclusively licenses you to do is to sign attestation reports for public consumption. Nothing else that I can think of exclusively requires a CPA license. It's interesting that most CPAs aren't even practicing what their license provides for them. Never understood why people pursue the CPA just to do taxes. Having said that, The CMA is way more relevant to the actual work that most accountants perform, especially in the corporate space. IMO, the CPA has undergone a severe devaluation over the decades. You see job postings for bookkeepers requiring a CPA now. smh.

@gunner2755 Год назад

Same in Canada. Jobs that were done by a bookkeeper or a technician with a 2 year accounting diploma now require a CPA which is extremely expensive to get and largely irrelevant to the job