What are the reforms to the CPA exam in the United States

1.Changes to the Exam Application.

Since 2010, the filing threshold for the CPA exam in various states in the United States has begun to rise, and some have changed from no degree requirement to degree restriction; Some go from a total of 120 credits to a 150 credit requirement; There are also some that go from no accounting credits to those with accounting credits; There is no subject-specific requirement to become a subject-specific requirement; What's more, the requirement for a U.S. Social Security Number or a U.S. Temporary Residence Certificate is slowly emerging.

2.The difficulty of the exam will change in a timely manner.

In the first half of 2017, the content of the American CPA exam has made major changes in structure, the examination time of BEC and REG has been extended from the original 3 hours to 4 hours, BEC has increased the type of simulation questions, and the proportion of other major subjects for SIM question types has also been increased accordingly, the proportion of multiple-choice questions has decreased, and new question types DRS have been introduced. All of the above must have advantages and disadvantages for candidates, and making self-changes is also a way to adapt to the mainstream of examination reform.

3.Evaluate changes to the application process.

Recently, it has been reported that the evaluation agencies in many places in the United States have made unified adjustments to the strictness of the application materials for the American CPA examination, which is another heart-wrenching news for Chinese candidates.

NISE has changed from receiving transcript seals directly from schools to now requiring certification by CDGDC or CHESICC in China before recognition. As one of the preferred evaluation institutions for Chinese candidates, FACS has also made changes in this reform from the previous receipt of copies to seals, and finally domestic certification, which undoubtedly adds more time and cost to Chinese candidates.

The number of applicants at each stage of FACS is incomparable to that of other institutions, and this impact on the number of people is even more disadvantageous after the process becomes redundant. In October 2017, FACS launched the Rush Service Expedited Assessment Service, an important step to meet the current reform of the CPA exam.

This kind of 'double audit' certification makes Chinese candidates have a small disadvantage in the declaration of the US CPA certificate. And it is this small disadvantage that also highlights the recognition of the American CPA certificate by the American accounting institution, which still brings confidence to those candidates who are serious about preparing for the exam and evaluating carefully.

Financial Planning, Performance & Analysis and Strategic Financial Management

Certified Management Accountants in the United States need to take the "Financial Planning, Performance and Analysis" and "Strategic Financial Management" exams. The registration requirements for certified management accountants in the United States include academic certification requirements and work experience requirements, among which, the academic certification requirements are: holding a three-year college (including self-examination, correspondence, full-time and part-time and other groups) from a college or university recognized by the Ministry of Education of the People's Republic of China

or hold a bachelor's degree certificate recognized by the Ministry of Education; or hold a master's degree certificate, master's degree certificate, doctoral graduation certificate, or doctoral degree certificate recognized by the Ministry of Education; or hold a certified public accountant certificate certified by the Chinese Institute of Certified Public Accountants or an intermediate or senior accountant certificate certified by the National Accounting Qualification Evaluation Center;

Work experience is required: 2 years of continuous (non-cumulative) work experience in the field of management accounting or financial management.

First of all, you must have a clear understanding of your own situation, find out your weaknesses and strengths in CMA learning, and prescribe the right medicine. The first thing about the CMA exam is to evaluate yourself correctly, if the foundation is not solid, it is recommended to take one CMA exam subject at a time, don't rush to achieve it, resulting in a situation where you can't pass one course.

Secondly, make good use of the various resources at hand, collect the royal resources, and ask teachers and classmates for advice if you don't understand, especially if you are ambiguous. Be sure to make up for the weakest ones, do more questions, and ask more questions. Learning is a step-by-step process, not three days of fishing and two days of drying nets, we must persevere, do more questions every day than do a lot of questions a day, the effect is much better.

Again, organize your notes, develop a good habit of taking notes and organizing your notes, and organize it yourself more than others tell you ten times. According to their own understanding and the teacher's guidance, they established the knowledge system of financial management from the macro level, and consolidated each knowledge point from the micro level. Summarize the types and categories of questions, summarize the methods of problem solving, and develop your own habit of doing questions.

Finally, communicate with others more, find people who study with you, as the saying goes, there must be my teacher in a threesome, knowledge exchange with each other, you will get more, learning partners, study groups will play a great role, if there are conditions, you can study together, progress together, one person alone, the effect will not be very good.

The CMA exam in August is approaching, and in the last month or two, I hope that candidates who take the CMA exam can stick to it and persevere, and at the same time, they should also pay attention to the CMA exam registration time and other information.

The Certified Management Accountant exam is rigorous and practical. The exam structure of both exams requires proficiency in key skills and knowledge related to financial planning, analysis, control and decision support.

CMA certification adheres to the most practical knowledge system to cultivate management accounting elites, and uses the most stringent evaluation standards to ensure the authority of certification, which is the leading standard of global finance. On December 1, 2012, the two exams of the new Chinese syllabus were officially opened.

You can do this.

Chinese**. Or. 2.American Institute of Management Accountants Worldwide**.

Register for the exam. Note: You must be a member of the American Institute of Management Accountants and pay the exam admission fee to register for the exam.

To take the test, you will need to complete the exam registration form approximately 3 months in advance to allow sufficient time to receive the authorization letter and schedule your exam at a Purvin test center.

There are some details in the CMA exam process that candidates need to pay attention to, CMA exam time is limited, candidates should grasp every minute, in the effective time, answer their satisfactory answer sheets, do not have problems in some unnecessary time, it will be a pity, let's take a look at what precautions need candidates to pay attention to in the CMA exam process. >>Click Free** to claim the CMA Package.

1.The admission letter will be sent to the candidates' mailboxes by email around November 15, please don't worry. At that time, the letter will include information such as the test location and test seats. Candidates are required to print out the admission letter and bring it to the examination room.

Computer-based test: The questions of the CMA computer-based test are extracted from the exam question bank, so everyone's test questions may be different, when the candidate answers the question, the multiple-choice question must be sure that the answer to each question is selected, and the answer is determined to be submitted before leaving, otherwise the test paper is not submitted successfully, and everything will be done in vain. >> click on the free **CMA to do the questions.

Written test: Unlike the CMA computer-based test, everyone says the same test paper in the CMA written test, but the order of the test questions may not be the same. Multiple choice questions and essay questions are issued on the same paper and at the same time.

The exams are answered with pencils, and the multiple-choice questions are written in the form of answer sheets; Essay questions are also answered with a pencil in the answer book.

4.There are no stipulated breaks in the exam. Although the CMA exam is very long, up to four hours, there is no break during this period, and candidates are allowed to go to the bathroom, but there is no make-up time.

5.The exam can be handed in in advance, if the candidate does it relatively quickly, is very confident in his answers, and after completing the exam paper, he can submit the paper in advance after checking that it is correct, and the invigilator needs to collect the paper and check the information, and the invigilator can only leave the venue after approval.

With the acceleration of the pace of economic globalization, the demand for all-round talents is increasing, simple financial personnel, has been unable to meet the needs of enterprise development, but also needs to provide advice for the development of enterprises in a timely manner, naturally, CMA management accounting with its significant advantages in decision-making analysis, has become the most direct demand of financial personnel.

According to the survey, the majority of financial and accounting employees apply for CMA. This group of people usually has tight time, high work pressure, limited energy, and can only use spare time, often due to overwork and can't persevere, and abandon the exam halfway.

Online learning solves the problem of time constraints.

Many people are forced to take the CMA exam due to professional pressure, but due to time constraints, it is easy to not persevere, there is no combat effectiveness, face-to-face classes can not be attended, too lazy to run, tired and do not want to move.

In fact, for this type of candidates, it is more suitable to study in online classes, as long as you turn on the computer to listen to the class, saving a lot of time running on the road, convenient and time-saving, as long as you follow the pace of online classes, the class effect is no worse than face-to-face classes, and then do some more CMA past questions to consolidate, you can learn CMA at home.

Read the CMA textbook thinly and then thickly.

Reading the book thick first, then reading thin, this is a famous sentence in the exam, and if CMA candidates can do this, the exam will definitely not be a problem.

CMA candidates should read the book for the first time, find out all the knowledge points in the textbook, and master it by doing a topic practice and mastering it, and review the notebook for the first time, which is to read the book thickly.

The second time is to find the connection and context between the knowledge points, sort out the key points, write down the important knowledge points in the notebook, and only need to read the key notes two weeks before the exam. This not only saves time, but also avoids the phenomenon of not being able to find the key point and flipping through it randomly.

Focus on the key points, weak points.

We often see some students who work very hard, often soak in the library study room, but the test results are not respectful, the time is spent, but the effect is not achieved, this is the learning process does not grasp the focus, the learning is not targeted. For the two parts of the CMA exam subjects, although there are only two subjects, but the content involved is many and wide, and it is impossible for candidates to grasp all aspects thoroughly, which requires candidates to focus on the key points in the preparation process, find their weak points, and what to hand in the key points? What is mentioned in the CMA exam syllabus may be taken, which is the point.

What are the weak points? If you don't master the requirements in the CMA exam syllabus and will take the test, it is a weak point.

The American Certified Public Accountant (CPA) is a CMA qualification, and there are no relevant requirements for registering for the CMA exam, and candidates who take the exam must register as a student before they can register. However, candidates must meet the requirements for academic qualifications, educational background certification and work experience certification stipulated by the IMA Association before receiving the certificate. Among them, the qualifications for the certification of academic and educational background are:

1. Hold a three-year junior college (including self-examination, correspondence, full-time and amateur groups) of a college or university recognized by the Ministry of Education of the People's Republic of China.

2. Hold a bachelor's degree certificate recognized by the Ministry of Education.

3. Hold a master's degree certificate, a master's degree certificate, a doctoral degree certificate, and a doctoral degree certificate recognized by the Ministry of Education.

4. Hold a certified public accountant certificate (CPA) certified by the Chinese Institute of Certified Public Accountants or a national general intermediate or senior accountant certificate (intermediate and senior accounting title certificate) certified by the Accounting Qualification Evaluation Center of the Ministry of Finance. For ACCA fully qualified candidates, meet the educational requirements for a CMA bachelor's degree.

To qualify for work experience, candidates need to have 2 years of continuous (non-cumulative) work experience in the field of management accounting or financial management. Work experience can be completed within 7 years of passing the exam.

At the same time, there are no mandatory requirements for the English level and English certificate type of candidates' answers, and the CMA test is divided into Chinese test and English test, and the content of the two forms of test is roughly the same. However, for candidates who need to take the English test, because the questions of the test are in English format and candidates are required to answer in English, it is recommended that candidates have a certain level of English proficiency before participating in the CMA English test to register for the test, which can better improve the success rate of candidates passing the test.

The American Certified Public Accountant (CPA) is a CMA qualification, and there are no relevant requirements for registering for the CMA exam, and candidates who take the exam must register as a student before they can register. However, candidates must meet the requirements for academic qualifications, educational background certification and work experience certification stipulated by the IMA Association before receiving the certificate. Among them, the qualifications for the certification of academic and educational background are:

1. Hold a three-year junior college (including self-examination, correspondence, full-time and amateur groups) of a college or university recognized by the Ministry of Education of the People's Republic of China.

2. Hold a bachelor's degree certificate recognized by the Ministry of Education.

3. Hold a master's degree certificate, a master's degree certificate, a doctoral degree certificate, and a doctoral degree certificate recognized by the Ministry of Education.

4. Hold a certified public accountant certificate (CPA) certified by the Chinese Institute of Certified Public Accountants or a national general intermediate or senior accountant certificate (intermediate and senior accounting title certificate) certified by the Accounting Qualification Evaluation Center of the Ministry of Finance. For ACCA fully qualified candidates, meet the educational requirements for a CMA bachelor's degree.

For the certification of work experience, candidates need to have 2 years of continuous (non-cumulative) work experience in the field of management accounting or financial management. Work experience can be completed within 7 years of passing the exam.