Dick Adams wrote:
- quote -

It seems so. I searched to find the TLAs.
http://www.financial-designations.8m.com/ lists them,
for those who might want to translate.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

marko.online[at]gmail.com (jake johnson) wrote:
- quote -

The CFM exam is daunting in the way of all the fees they
require. I called today to very fees. It's $115 per part
(four parts). Before you can take the exam, you must pay a
$75 enrollment, $15 registration, and $75 for something else
for a total of $265. $265 + $460 (4 X $115) = $725. That
doesn't include studay materials. I'd pay that but the
person on the phone was starting to get rude after I asked
for more clarification on the new exams.

IMA is starting a new CMA exam format. Those that pay
before July 31 get parts 1, 2, and 3 for $150. I asked the
lady about CFM exam discounts. She said there were none and
didn't know if there ever would be. Then she said I had to
shell out the $265 by June 30th to keep the current CMA
format, which allows you to take only part 2 of the CFM exam
to earn that designation. She said something about an essay
format for part 4 on the new exams.

To many things going on at IMA for me. I have no idea what
type of people are being employed by IMA. They don't know
much and aren't helpful. Because of this impression, I'm no
longer pursueing the CFM. Yeah, that quick. I had many
questions and there weren't many people (CPAs) that could
answer them. Most people want to be a CPA for obvious
reasons. CMA seems as an unpopular light version of the
CPA. CFM isn't even known. When I turned to the source, the
answers still weren't there. This doesn't change my
direction but does answer other important questions for me.

Brett

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

account[at]cygen.com (Brett) wrote:

- quote -

Does CFM mean Certified Financial Manager? If yes, go for
Certified Management Accountant.

My best advice to you is to look into industry specific
certifications. So while you're at it, look into APICS
(American Production and Inventory Control Society).

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

account[at]cygen.com (Brett) wrote:

- quote -

That's an interesting question because there really doesn't
seem to be a big push to get both titles even when a 2nd
title would be just one more exam away (but I wonder about
fees?). I don't even think the IMA website mentions what
the CPE requirements would be for a dual certificant. I'm a
new member of the IMA and am planning on taking the CMA
exams myself but don't really see the point in tacking on
what would be a mostly redundant title. I get the feeling
that the IMA's intent was to broaden their audience to
non-accountant financial managers and that a CMA holder
tacking on the CFM would be a bit disingenuous.

Before you make up your mind on this, you should become an
IMA member and review their materials. The IMA gets lost in
the shuffle of tax and audit practitioners, but they're a
high-caliber group that does great work.

- Jake

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

If one certifies as a CFM, is it worth the effort to also
become a CMA since it is only one more part of the four part
exam and vice versa? In other words, why aren't there more
CFM/CMAs or CMA/CFMs than only CFM or CMA (seems CMA is more
popular at least)?

Thanks,
Brett

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->