CONTINUING EDUCATION FOR CERTIFIED MANAGEMENT ACCOUNTANTS (CMA)

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.

MY-CPE LLC is approved by NASBA  and it offers Continuing Professional Education (CPE) courses for Certified Management Accountants (CMA). We are focused on providing quality continuing education to Certified Management Accountant (CMA) content that incorporates the qualified subject areas. Our NASBA-approved CPE courses are authored/reviewed by industry specialists and subject matter experts.  All our courses are designed in a way to ensure that courses meet your continuing education requirements.

CERTIFIED MANAGEMENT ACCOUNTANT (CMA) CPE REQUIREMENT OVERVIEW

Certified Management Accountants (CMA) are required to complete at least 30 hours of Continuing Professional Education (CPE) every year. Many of our programs in Live and Self-Study are approved for continuing education for Certified Management Accountants (CMA). 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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• All aspects of accounting,
• Financial management,
• Business applications of mathematics and statistics,
• Computer science,
• Economics,
• Management
• Production
• Marketing
• Business law, and
• Organizational behavior.

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myCPE Package for Certified Management Accountant (CMA) meets all the CPE requirements of Certified Management Accountant (CMA).

No, there are no minimum CPE requirements in a particular subject area.

• Credit for hours of study will be given for programs sponsored by the Institute of Management Accountants, its councils and chapters, employers, businesses, educational institutions, other professional accounting organizations, and trade associations.
• Programs may be regular college courses, seminars, workshops, or technical meetings under the direction of speakers, instructors, or discussion leaders.
• The method of instruction may include lectures, discussion, case studies, and teaching aids such as training films, videotapes, audio cassettes, and computers.
• Credit can be granted for home study courses, speeches, the publication of technical articles, and examinations. A program must be well organized and directed to qualify.
• Programs presented by organizations that are registered with the National State Boards of Accountancy (NASBA) meet the requirements of continuing education for CMAs and CFMs.

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 CE credits hours via self-study courses. i.e., a Certified Management Accountant (CMA) can complete all 30 hours via self-study courses from NASBA-approved CE 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 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 CE 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 CE 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).