The first certification we are going to look at is the Certified public accountant, also known as the CPA. To earn a CPA certification in most states you must first earn a bachelorâ??s or masterâ??s degree from an accredited college or university with a concentration in accounting. The next step is the dreaded CPA exam. Many people say that this is the toughest part of the total CPA process. Lots of accountants have many sleepless nights preparing to take the CPA exam. The CPA exam has four parts to it. The first part is on financial accounting and reporting. Section is 4 hours with 3 multiple choice testlets and 2 simulation testlets. This section covers skills and knowledge of generally accepted accounting principals for business enterprises, not for profit organizations and governmental entities. The second part of the CPA exam is on Auditing and Attestation, and this section is 4.5 hours with 3 multiple choice testlets and 2 simulation testlets. This section covers knowledge of auditing procedures, generally accepted auditing standards and other standards related to attest engagements and the skills needed to apply that knowledge. The third part of the CPA exam is on Regulation, this section is 3 hours with 3 multiple choice testlets and 2 simulation testlets. This section focuses on skills and knowledge of federal taxation, ethics, qualified and legal responsibilities and business law. The forth and final part of the CPA exam is on Business environment and concepts. This section of the test is 2.5 hours long with 3 multiple choice testlets. This section encompasses knowledge of the general business environment and business concepts that candidates needs to know for accounting. When you irrevocably pass the CPA exam and start work as a CPA majority of your work will deal with financial accounting and auditing. So for the most part you will be preparing financial reports for firm for outdoor parties such as investors, creditors, and tax authorities. The final requirement is you must have work experience in public accounting and supervised by an individual who is currently licensed to practice public accounting as a CPA. Getting your CPA can be very challenging but after receiving it can help you lead a very nourishing career in public accounting.
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 The second certification we are going to look at is the Certified Management Accountant also known as the CMA. There are several requirements for the CMA certification. To be eligible for the CMA you must first you must have a bachelorâ??s degree from an accredited university with a major in any area of curriculum or score in the 50th percentile the GMAT (Graduation Management Admission Test) or the GRE (Graduation Record Examination). You must also have 2 years of unremitting of qualified experience in management accountant or financial management.  The last requirement you have to fulfill is quick the CMA exam. The CMA EXAM is known to be just as strenuous as the CPA exam. The CMA exam has four parts the first part is on Business Analysis, it is 3 hours with a 110 multiple choice questions. The second part is on Management Accounting and reporting this part is 4 hours with 140 multiple choice questions. The third part is on Strategic Management and is 3 with 110 multiple choice questions. The last part is on Business applications it 3 hours and has 3-7 written response essay problems. The first 3 parts of the test is all computerized and can be taken all year round and you will get your results immediately at the testing site. But the final part of the test can only be taken during the months of February, may, august and only after you have taken and passed the first 3 parts of the exam, And it takes 4-7 weeks to receive your results for the final part of the exam. After you pass your CMA exam and become A Certified Management accountant your job description will be supporting choice making, plotting and control. As a management accountant you will be a valued business partner, frankly supporting your organization goals. Becoming A CMA can be very hard but once accomplished you will have a plethora of different career opportunities to chose from.
As you can see both Certifications will take a lot of hard work to buy. Both certifications are essentials tools for success in the accounting career field. If you receive either of these certifications you will be on the path of a fantastic career in accounting.
Posts Tagged ‘Certification’
How to Decide Between Pursuing a Certification of Cpa or Cma
Saturday, June 26th, 2010Wildcard Ssl Certification Offers Several Benefits
Friday, December 25th, 2009Protecting your customers and providing a secure forum for monetary transactions is vital to the success of your web site. But, if you operate more than one subdomain the expenditure of purchasing multiple certificates can be overwhelming. The wildcard SSL provides a more cost-effectual and convenient way to provide security over more than one subdomain. While a few drawbacks to SSL wildcard certificates do exist, these are minimal and can usually be avoided.For web site owners, providing a secure shopping network for consumers is a top priority. But, operating multiple subdomains could mean having to buy multiple SSL certifications. One possible solution is to buy a wildcard SSL instead. With an SSL wildcard, you only buy one certificate which works for all of your subdomains. Of course, the price of this type of subdomain SSL can be a bit higher than single domain certificates but the extra price is worth the investment for several reasons.One of the clearest benefits is price. Buying one wildcard SSL certificate is certainly cheaper than buying multiple habitual certificates. The prices for standard SSL certificate cost several hundred dollars a year, on average. Imagine having to pay that much for each of your subdomains. That’s a significant investment. Thankfully, buy using an SSL wildcard instead you can cut your expenditure dramatically.A further benefit is convenience. Besides being expensive, buying a new certificate for each of your subdomains can place forward some unintended difficulties. Unless you have a lot of experience, setting up all of those certificates correctly can take some time, as well as trial and error. With an SSL wildcard, but, you only have to launch one certification, not a half dozen. That makes your job greatly simpler and means you’ll be able to have your open server up and running much quicker.Of course, there are a couple of drawbacks to using wildcard SSL. Because your server is open through only one certification, if it becomes compromised then all of your subdomains can be as well. Purchasing individual subdomain SSL certifications can provide multiple layers of security but so can taking other precautions. If security is your main concern, you should look into bonus ways to improve the overall security of your server.A further potential drawback is that some mobile browsers will not recognize the symbol used in the wildcard SSL which means they will not be able to use them. If you believe you’ll be getting traffic from mobile users and are concerned about this possibility with your SSL wildcard, there are some ways to overcome the limitation without having to buy individual certifications for all of the subdomains.When weighing the pros and cons of using wildcard SSL, it’s clear to see that the cost savings and the bonus convenience of the SSL wildcard certificate outweigh the potential and avoidable drawbacks.