Is there any scope for CMA USA in India?

The CMA is a worthwhile credential whether you're looking to begin your career or give it that next-level boost, and you're going to need to know everything about the certification process. CMAs are important assets in all types of organizations. The analyse the operating results, review performance, audit operations and resolve issues that enhance the strategic objectives of an organisation. CMAs are value creators and not just merely an accountant who adhere to compliance to the profession.

0 Upvotes 0 Upvotes 0 Downvotes

• • Report Abuse
• Comment

US CMAs are considered highly desirable for FP&A job roles (financial reporting, financial planning, financial analysis and financial decision making). The US CMA curriculum also focuses on developing and testing skills required to perform the aforementioned jobs. Many American CFOs choose to be US CMAs themselves and prefer to hire US CMAs in their teams. CMAs expertise in USGAAP and understand its distinctions from IFRS. In most cases, multinational companies registered with the SEC in USA have to provide audited annual financial statements per USGAAP. These financial statements are prepared by the internal finance team of the company. Since CMAs are well qualified in USGAAP and understand the SEC reporting requirements well, companies preparing their financial statements using USGAAP prefer to hire US CMAs for the job. India is a hot B.Ed of and key player in Business Process Outsourcing. A majority of the outsourced financial work in India comes from the USA and UK, since NYSE (New York Stock Exchange) and LSE (London Stock Exchange) represent the world's the largest financial markets. As most major brands are American entities that follow USGAAP, this creates tremendous job opportunities for US CMAs in India (in the BPO sector). Another major source of employment for CMAs are FP&A jobs directly with American companies that have branches in India, but prepare financial statements using USGAAP, at the parent level.

0 Upvotes 0 Upvotes 0 Downvotes

• • Report Abuse
• Comment

As you know India os a developing country, each and every course are acceptabe, for getting job it depand on ur capabilities

0 Upvotes 0 Upvotes 0 Downvotes

• • Report Abuse
• Comment