Thread: CMA Versus CA
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Old 11-02-2011, 07:10 PM   #28
bradster57
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Quote:
Originally Posted by Bonded View Post
Okay,
What implications does a merger have on the designations. Is it a ceremonial name change or will it have tangible effects.

Also, if I'm understanding this correctly, work life balance only improves marginally after articiling?

Also, which one is the more flexible designation. For example, say I get bored when I am forty would either be good for a career change, or is one always an accountant?
Work life balance depends more on what your job is rather than the designation. If you're in corporate reporting, kiss the quarters good and month ends for a lot of big companies too.

As for the possible merger, I think they are trying to make the effects a long term goal. There is no chance CA's will approve the merger and be lumped in with CMAs and CGAs, but down the road I think they do want to only have one designation. So for a while you'd be a CPA-CMA (or whatever your current designation is) and maybe in 10 years they will drop the last part and everyone will only be a CPA.

Try to figure out what type of accounting you like. If you like high level, accounting theory, and financial reporting, be a CA. If you would rather work in the operations a CMA/CGA might be better.

My wife is a CA, I'm a CMA so we talk about this nerdy stuff all the time!
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