CPA vs. CMA Certificate | What Are The Differences and How To Choose

Published 2021-06-19
If you are trying to decide whether to pursue a career as a CPA (Certified Public Accountant) or a CMA (Certified Management Accountant), this video will help you decide by considering the following factors:
1) Your personality type..are you an introvert?
2) Do you plan to move across counties in the future?
3) Do you want to own your own practice?
4) Is your end goal becoming a CFO?

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All Comments (21)
  • Correction: For CMA, the 2 year work experience can be after the exam, and doesn’t need to be prior to the exam.
  • @huiyang962
    I have both CPA and CMA. I work for manufacturing industry. CPA got me the job, CMA helps me to do day to day job.
  • @TomKaren94
    I have had a CMA for over 10 years. Most employers have no idea what it is. Almost all CPAs think it's worthless. I tried to explain it that CMAs work primarily on corporate accounting and CPAs do tax and audit. Controllers are best served as CPAs, finance managers up through CFOs might be better as CMAs.
  • @xXSoLiDSnaKeXxv
    Yes! I was waiting for this video. Simple but very informative. I want to thank you for your accounting interview help videos just landed my first accounting job in the A/R department of a global company. Looking forward to more videos in the future!
  • @RenoCPA-yx3kk
    Thank you so much for creating this content. Glad I stayed to the end because I really needed to hear the message. I was stuck for so long but this video changed my perspective, and I feel like I can finally move forward. Thank you.
  • @Liam69400
    This is the best explanation I have ever seen on the subject! I would love to know your input on a CMA - EA combination. Again, you did such an amazing job. Many of the times that CPA's have given me input on the CMA, they almost always snub the CMA and say that it is second rate when compared to the CPA. I saw a much more honest approach from you. The comparison between the Mercedes and BMW totally paints the picture. Thanks!
  • @DreamFirms
    More people need to check this out! Thanks for sharing.
  • @XLR8Games
    Great timing of this video. I was just thinking about this. CPA candidate here, decided to pursue it after 13 years as an Accountant. But also considering getting CMA after my CPA.
  • @kaylachap10
    This was such a great explanation!! Very helpful!
  • @MrAlvaradodan
    I am a CMA and thought you did a good job laying this out. I to get asked what is the difference all the time. My current role is in revenue management and pricing strategy.
  • Thanks for valuable insights Bill! Aspiring CMA and a future CFO here. Your video inspired me to pursue CMA. Keep it 👆.
  • @cintia1771
    God bless! Don't spend too much think and spend more time doing! Best advice in the video, thank you!
  • @vivekkv9329
    The video is very informative and thank you for the videos❤️❤️
  • @404TRUCKERTV
    I've been researching accounting job posts, I haven't seen cma requirement that often. A cpa seems more common and well known.
  • @dla3bnotah
    Thank you such a life savior, you just made me prove my vision and decision.
  • @Nomintoihamt
    Thank you so much for the just right information
  • @FTA-0
    15:35 I couldn't find the (big) thumb up, only the normal thumb up 😄 Thank you