Chartered Global Management Accountant
Chartered Global Management Accountant (CGMA), a proprietary designation for management accountants, is powered by two of the world’s most respected accounting bodies, and advances the global discipline of management accounting. The CGMA demonstrates management accounting expertise, determination and commitment to achieving sustainable business success. The issuing body is a joint venture owned by the American Institute of Certified Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA). The designation is available to all members of CIMA and to AICPA voting members with management accounting experience who commit to a program of continuing professional education.
Beginning in 2015, AICPA voting members who seek to obtain the CGMA credential will have to pass a new examination, thereby allowing the AICPA to establish a new recurring revenue stream, despite its current status as a not-for-profit organization, while simultaneously devaluing the CPA certification, which has historically funded the organization.