The IRS recently announced a renewed focus on non-filers by way of Information Release 2020-34 and Fact Sheet 2020-2. Both were issued on February 19, 2020 and warn of the IRS increasing face-to-face visits with high-income taxpayers who have not filed tax returns in 2018 or previous years. The IRS has hired additional enforcement personnel […]
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How Many People Are Getting their CMA?
The Certified Management Accountant certification is becoming increasingly popular in recent times with the multiple career paths it can provide – as the globally accepted counterpart to the Certified Public Accountant (CPA). And, with about 50 years of experience under its belt, the Institute of Management Accountants (IMA) is seeing more and more candidates sit […]
Concerned About Digital Transformation in the Accounting and Finance Industries? Consider a CMA Credential
Have you considered earning the Certified Management Accountant (CMA) credential? Like all industries, the fields of accounting and finance are rapidly changing in the wake of technological advancement. Automation, artificial intelligence, controls and analytics are becoming commonplace terms in the business environment, and companies are becoming more interested in data and how to develop processes […]
Getting Ready for the New World of Peer Review
From those whose firms have recently gone through a peer review as part of the AICPA’s Peer Review Program (PRP), the feedback is consistent. Things have changed. While the underlying requirements of the PRP are the same, a review of a sample of an accounting firm’s engagement workpapers in order to assure compliance with applicable […]
Digital Transformation Introduces New Advantages for CMAs
Institute of Management Accountants (IMA) recently released two reports showing the advantages of professional certifications for both employers and employees in an age of digital transformation. Both reports, “Achieving Competitive Advantage in the Digital Age – The Value of Training and Certification” and “Increasing Your Value in the Digital Age – The Impact of Professional […]
Top Excel skills for accountants
Ask any accountant in any field which software they use on a daily basis, and the most common answer will be Microsoft Excel. The spreadsheet tool is perfect for anyone working in the finance and accounting fields due to its versatility and specific financial applications. At this point, it’s expected that you be proficient in […]
2020 CMA Exam Content Changes Released
Starting January 1, 2020, the CMA exam will undergo substantial changes to ensure that the certification is current, relevant, and valid for accountants seeking to work in management accounting. The Institute of Certified Management Accountants (ICMA) decided on these changes after performing a thorough job analysis. Both parts of the exam will feature changes to […]
What You Need to Know About the New Technology and Analytics Section of the CMA Exam
As of next year, Institute of Management Accountants (IMA) will be implementing changes to the CMA exam to make it more relevant to the current job market. Whether you’re planning on taking the exam this year, will split sections between both years, or are planning on taking both sections next year, you’ll want to know […]
7 Tips for Reducing your CMA Exam Study Time
Becoming a Certified Management Accountant (CMA) means becoming a part of the IMA’s elite group of professionals, who are highly respected and highly sought after. However, passing the CMA Exam can seem daunting, especially if you’re balancing other obligations in your life, and you may be wondering if you can even fit studying into your […]
PRESS RELEASE: Surgent Launches ExamMatrix to Aid Throughout the Designation-Seeking Process
At the start of your credential-seeking journey, you may have experienced some confusion or lack of professional guidance regarding what steps you should take on your journey toward becoming an accounting professional. With the help of our fledgling website, ExamMatrix, up-and-coming finance professionals will be able to access a wealth of information and resources that […]