The American Institute of Certified Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA) based in London, vote next month to create a joint venture that would issue a new global management accounting certification. According to both organizations, the new designation is designed to promote the CPA designation as a high standard of accounting excellence internationally, as well as highlight the global importance of management accounting. While requirements for obtaining the new designation vary, AICPA members with at least three years of managerial and financial accounting experience would be eligible to complete an accelerated track to certification.
It is important to be aware of the various designations required for positions or industries included in your future career plans. If a career in financial, managerial, or global accounting is on your radar, you may want to further investigate the new AICPA/CIMA designation and align your experience and education with those required to earn the designation.
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