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IMA Cites Certification as Competitive Advantage for 2012 Accounting Graduates

May 17, 2012

Marc Gerrone
(201) 474-1502

Tara Baumgarten
Stern + Associates
(908) 276-4344, x-219

Employment of accountants expected to grow 16 percent from 2010 to 2020 according to the U.S. Bureau of Labor Statistics

Montvale, N.J., May 17, 2012 – IMA®, the association of accountants and financial professionals in business, offers educational resources and advice for both 2012 college graduates and experienced professionals looking to succeed in the growing management accounting profession.

According to the U.S. Bureau of Labor Statistics’ 2012-2013 Occupational Outlook Handbook, employment of accountants and auditors is expected to grow 16 percent from 2010 to 2020. Further, the report states that accountants with a professional credential should have the best prospects.

In support of this projection, IMA’s 22nd Annual Salary Survey found young professionals in the 19 to 29 age group who hold IMA’s Certified Management Accounting (CMA®) designation earned 14 percent more than their noncertified peers. Follow this link to download a copy of the survey: http://www.discoverima.org/IMASALSUROPR.

“As we celebrate the 40th anniversary of the CMA program, we’re reminded of the tremendous career opportunity and earning power it presents for both young professionals and seasoned executives,” said Brian L. McGuire, Ph.D., CMA, CPA, CBM, CITP, IMA chair. “Beyond increases in salary, the comprehensive CMA examination ensures employers that candidates have the necessary management accounting skills in areas such as planning, budgeting and forecasting.”

To learn more about the CMA certification, please visit http://www.imanet.org/cma.

About IMA® (Institute of Management Accountants)
IMA®, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking, and advocacy of the highest ethical business practices. IMA has a global network of more than 60,000 members in 120 countries and 200 local chapter communities. IMA provides localized services through its offices in Montvale, N.J., USA; Zurich, Switzerland; Dubai, UAE; and Beijing, China. For more information about IMA, please visit www.imanet.org.

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Source: www.imanet.org

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