Has anyone thought of taking CMA instead of CPA? What are the advantages and disadvantages? All thoughts appreciated.

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It's a great way to show people you couldn't pass the CPA

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All of the disadvantages none of the advantages

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Took the words right out of my mouth.

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Not sure why people would want to go for CMA instead of CPA unless they don’t have the education credits or can’t/don’t want to take the CPA exam.

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I have my CPA, but work in industry. It has helped with salary, and feels like it is not heavily utilized. But in studying for the CMA, it is helping excel my knowledge in general business acumen. (Budgeting/forecasting, business management decisions, etc) Great for FP&A work as well. I have enjoyed studying for it thus far.

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No

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Probably depends on where you work and what your career goals are. In public accounting, CMA will do nothing for you. In private, it's probably better than nothing, but I feel like CPA will always hold more weight.

helpful

Agree with everyone here! You could get both.

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