In the field of business, there are several designations relevant to specific business enterprises, industry and professions. It is important that individuals are knowledgeable, trained and qualified to carry out certain daily functions that are relevant to an organization’s needs and overall performance. Managerial accounting is critical to a company that operates and conducts business activities to meet the organizations’ and client’s needs. Managing companies daily accounting and business functions effectively requires unique skills, abilities, and dedication from individuals who are capable of contributing to the organization’s growth and development.
For this project, you are going to conduct research, gather your findings and respond to the list of questions below. You may conduct internet searches, access the university online library database and read articles to put your responses together. Now, further instructions are provided below on how to present your work for grading. You are going to write a well thorough and concise paper without grammatical errors, incorrect spellings, and fragmented sentences. You are basically putting a well-written report together reflecting much research and knowledge pertaining to the managerial accounting certification designation, it’s significance and benefits in the field of accounting and business operations.
Remember to cite your sources and avoid plagiarizing. There is no exception for plagiarism and academic dishonesty. Do your own work and learn a great deal about this area of accounting and hopefully, you may be interested in the field or earn the CMA designation for knowledge-based purposes for later use in different areas of business.
Now, take a moment to research, gather findings and respond to the following questions:
What is a Certified Management Accountant designation?
What is a Certified Public Accountant license?
What is the distinction between a CMA certification and a CPA license?
What is the difference between a professional license and certification designation?
Why is a CMA important in the field of accounting and business?
Name at least 5 job titles the CMA designation will better serve within a business entity.
What are the requirements needed to qualify to take the CMA exam?
How many parts of the CMA exam must be taken and what are the names of the parts?
What is the name of the governing body over the CMA designation?
Which type of business entity does the CMA designation serve best?
Requirement: You are to write a minimum of 3 pages using in-text citations and the most recent sources including the source on the internet. The project paper must follow APA format style and submit for grading. A cover page and reference page must be included with the project paper.
The format of the cover page: Title, First Last Name, Course Title, Professor’s Name, Date Submitted.
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