CMAs, CFMs, and candidates who have completed the CMA and/or the CFM examination but have not yet met the experience requirement, are required to maintain their proficiency in the fields of management accounting and financial management. This includes knowledge of new concepts and techniques as well as their application in the management accounting and financial management professions. The objective is to maintain the professional competence of the individual and to enhance one's ability to perform job-related requirements.
myCPE LLC, an NASBA-approved provider, specializes in delivering Continuing Professional Education (CPE) courses tailored to meet the specific CMA CPE Requirements. Our NASBA-approved CPE courses are authored/reviewed by industry specialists and subject matter experts. All our courses are designed in a way that ensures they meet the continuing education requirements.
CERTIFIED MANAGEMENT ACCOUNTANT (CMA) CPE REQUIREMENT OVERVIEW
| CPE Requirements | 30 hours of Continuing Professional Education (CPE) every year |
| License Renewal Period | Renew CPE license by December 31st of every year |
| CPE Reporting Cycle | The reporting period begins on January 1 following the successful completion of the examination. |
| Ethics Requirement | 2 hours of Ethics |
| Carry Over Credits | A maximum of 10 hours of excess CPE credits can be carried over to the next year. |
Certified Management Accountants (CMA) are required to complete at least 30 hours of Continuing Professional Education (CPE) every year. Many of our programs are Live and Self-Study approved to meet CMA CPE requirements. Here is myCPE Package for Certified Management Accountant (CMA) that meets all of your annual continuing education requirements in one go.
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myCPE Package for Certified Management Accountants (CMA) meets all the CMA CPE requirements of professionals specified by IMA.
No, there are no minimum CPE requirements in a particular subject area.
The annual membership fee for the Institute of Management Accountants, which gives out the CMA designation, is $275.This includes one-time application fees.
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A Certified Management Accountant (CMA) can complete 100% of the total required CPE credit hours via self-study courses. i.e., a Certified Management Accountant (CMA) can complete all 30 hours via self-study courses from NASBA-approved CPE sponsors. As myCPE is approved by NASBA (Sponsor id 143597) our CMA Packages are 100% compliant with that requirement.
No, the Short video (Nano learning) method is not approved for the CPE requirements of a Certified Management Accountant (CMA).
When a certified member completes more than 30 hours in a given year, up to ten hours may be carried forward to the next year.
In the event that the required hours of CPE are not completed, the CMA becomes delinquent and inactive. An inactive CMA is not considered a CMA until the delinquency is removed, and cannot use the CMA designation.
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The period between successful completion and the following January 1 is a grace period. CPE is not required during this period, but any CPE earned during this period can be counted as being earned in the first reporting period.
CMAs must report the CPE hours they complete each year. However, you do not need to submit supporting documents unless you’re audited. Normally, you can just use the member profile section on the IMA website to organize and record your CPE hours. All courses you take through the IMA itself will automatically show up in that section.
A CMA who is over 55 years of age and retired from the profession of management accounting/ financial management is exempt from the CPE requirements.
myCPE provides courses that are approved for continuing education credits by NASBA. Based on the guidelines issued by these boards regarding Continuing Education Requirements, we recommend the programs/ webinars to be suitable for NASBA specified in each webinar. However, it will be the responsibility of each attendee to ensure that they are eligible for the Continuing Education Credits based on their occupation/ job profile, knowledge requirements as well as guidelines laid down by their regulatory board before registering for the webinars.
CLICK HERE to view the CMA website for CPE requirements for Certified Management Accountants (CMA).
