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There’s a good chance you’ve never covered this in your accounting classes.

What is a certified management accountant (CMA)? A certified management accountant (CMA) is a globally recognized professional certification credential that demonstrates expertise in various accounting and finance disciplines, including corporate finance, management accounting, financial planning, financial analysis, and professional ethics. It is offered through the Institute of Management Accountants (IMA) and is obtained by passing a two-part exam.

One of the most important aspects of running a business is keeping track of company finances.

Managing your inventory is all the rage right now.

Financial accounting is no easy subject to unpack.

Most business owners know that accounting is one of the most important aspects of running a company.

I’m sure many people have heard the term GAAP used in one conversation or another, but unless you are a seasoned accounting or finance professional, you might know little about these important regulations, besides what the acronym stands for. 

It takes a lot to run a business.

Accounting is one of the most important, yet daunting and expensive departments in almost all companies. Accountants oversee all financial operations of a business to help it run smoothly and efficiently. These include preparing and analyzing financial statements (e.g., cash flow, income statement, balance sheet), paying taxes on time, and maintaining the companies’ general ledger (GL). All these tasks require a great deal of human interaction that takes time and money; no matter how careful an employee may be, there is always the chance for human error, which could snowball and lead to devastating financial results in the future.

During this worldwide crisis, no industry seems to be immune to the drastic economic downturn caused by COVID-19. Many companies are stepping up to assist their struggling customers, even if it means reconsidering their bottom line.