Magazine article Strategic Finance

Seize Your CMA

Magazine article Strategic Finance

Seize Your CMA

Article excerpt

Carpe diem (seize the day) is the way I try to approach life, and I am never surprised at how successful it is. I use it as a way to shed excuses for not doing something and to get started with a plan. That philosophy is what got me started on my quest for the Certified Management Accountant (CMA[R]) credential, which I received in February 2010.

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During the last few months of 2006, I came to the realization that working in the accounting profession without any certification reduced my opportunities with my current employer and elsewhere. As I was married, had two young boys ages 4 and 7, and was working full time, the decision to pursue certification wasn't something I took lightly, nor did I feel I could put it off. With everyone's full support, I started my journey.

One part of my plan was to take more accounting courses. In 2008, toward the end of my classwork at the University of South Florida, Dr. James Strachan, my professor for governmental and not-for-profit accounting, presented the idea of obtaining the CMA in a way that made it seem an obvious choice for me:

* Getting the CMA shows your employer a commitment to a broader, more strategic perspective, just as becoming a Certified Public Accountant (CPA) would show your clients the same.

* The same continuing professional education (CPE) can be used for both CPA and CMA requirements, making it even easier to justify the time and expense of getting CPE. …

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