Categories: Job Fulfillment

The Top 4 Accounting Certifications For Career Advancement

There are several certifications available if you wish to break into or grow in the accounting or financial industries. Some accounting certificates are required in order for you to work as a professional, while others are optional but will further your career.

Why pursue certification in accounting?
You may benefit from further certification even if the majority of accounting and finance positions require candidates to have at least a bachelor’s degree. As one requires state licensing to practice, certification is first required for various occupations in accounting and finance.

Candidates may choose to become certified, though it is not always required, to show that they have specific knowledge and to increase their marketability.

Achieving coveted accounting certificates
Accounting certificates come in a variety of forms. Your choice of certification will be influenced by the professional route you have selected or wish to take, as well as other factors like prerequisites and prices. The following list includes four instances of accounting credentials that are now in great demand in the sector:

1. Certified Public Accountant (CPA)
In the accounting industry, having a CPA qualification is a coveted and regarded credential that shows you have satisfied the state’s licensing standards. This credential is given to accounting professionals who successfully complete the Uniform CPA test by the American Institute for Certified Public Accountants (AICPA).

2. Chartered Management Accountant (CMA)
The CMA certification, offered by the Institute of Manager Accountants (IMA), is a widely recognized certificate that shows a candidate’s proficiency in both financial accounting and strategic management. CMAs frequently work for major corporations and international businesses.

3. Certified in Global Management Accounting (CGMA)
The CGMA credential is provided by both the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA). This international certification proves that applicants possess both strategic and accounting abilities, enabling them to make wise company decisions on things like risk and asset management and operational success in general.

4. Licensed Agent (EA)
To represent taxpayers before the Internal Revenue Service, a professional must be a “registered agent,” according to federal law (IRS). The highest certificate granted by the IRS, the EA credential, is acknowledged in all 50 states.

Source: Indeed

Also Read: Having Trouble Deciding On A Career? What You Should Bear In Mind Is As Follows

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