Quote:
Originally Posted by THE SCUD
CMA's are more your true accountants, and meet a glass ceiling generally at managerial level, like manager of operations accounting level. They generally excel at general accounting like reconcilations and allocations, but are weaker than a CA in high level, big picture business level decisions and finance.
This is why
A) CA's make more
B) Controller/CFO are 9/10 CA's.
CA is the gold standard, but if you're looking to be a well paid, mid-level manager, CMA is faster and easier and you make more to begin.
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Do they really? I have a couple of clients who are CMAs and a CMA friend and they have run companies. As for B, I don't work in that field but I have seen CMAs who are CFOs and very senior in their firms. But I can't say for sure.