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The most promising accounting certifications for the coming year

Allen Smith

Published on: Dec 09, 2021
1634

If you’re taking CPE courses as an Accountant to level up and advance your career but don’t have a certification, you could be missing out on a considerable part of the CPE experience.

Having certifications will show that you’re knowledgeable about other accounting areas and make you more qualified for promotions or new job opportunities. Understanding the different areas of accounting, ranging from financial management and cost analysis to tax preparation and auditing, will help you succeed as an Accountant. So, why not couple the CPE courses with a certification or two from myCPE

Here are seven certifications you can strive for and make the most out of your CPE courses:

Certified Public Accountant (CPA)

One of the popular certifications for accountants to get. You must also pass all four exams and meet your state’s requirements before being approved for certification. For more information, visit the NASBA website or myCPE website.

Certified Information Systems Auditor (CISA)

The certification sets the standard for information security that validates your technical knowledge of IT auditing through a portfolio of activities. You must pass the exam and have a minimum of five years of working experience in IT auditing or controls before you are eligible for certification.

Certified Internal Auditor (CIA)

The CIA is an individual who has acquired knowledge and skills in auditing, business analysis, management assessment. They use the COSO internal control framework to assess if an organization’s internal control system is adequate and improve it. You must pass all three exams and meet the requirements before you’re eligible for certification.

Certified Management Accountant (CMA)

The Certified Management Accountant is an individual who has acquired the knowledge, skills, and attitudes to contribute effectively at senior levels of management. As well as having a Bachelor’s degree and two years of work experience, you must pass a 2 part exam before being eligible for certification.

Certified Investment Management Analyst (CIMA)

This is for investment professionals that have acquired the knowledge and skills in investment management analysis, including investment planning process, investment performance measurement, asset allocation, manager research and selection, manager performance evaluation. You need to have three years of working experience in financial services and pass an exam before qualifying for certification.

Certified Fraud Examiner (CFE)

The Certified Fraud Examiner is an individual who has acquired the knowledge, skills, and attitudes to prevent, deter, detect and investigate fraud to protect assets by reducing opportunities for fraud or detecting fraudulent activities. You must pass a comprehensive exam and have a minimum of two years of working experience in detecting fraud before being eligible for certification.

Certifications like the ones listed above may not be easy to get, but depending on your career choice, they can be invaluable at furthering your career and boosting your salary.

About the Author

Allen Smith

Learning Consultant

The Authors, Allen Smith is a Practicing Certified public accountant and senior vice president at MYCPE ONE – Continuing Education Platform for Professionals. He understands the current needs of the education domain and strategies for the presenters to adapt the new changes.

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