Continuing Education Requirement
CMAs, CFMs, and candidates who have successfully completed an examination must maintain their professional competence through a regular program of continuing professional education. To remain in good standing with the Institute of Certified Management Accountants, 30 hours of continuing education must be completed each year subsequent to passing the exam. Reporting of continuing education is done in conjunction with renewal of IMA membership.
Credit will be given for subjects relevant to the CMA’s or CFM’s career development and related to employer needs. Such qualifying subjects include: management accounting, financial management, corporate taxation, computer science, systems analysis, statistics, management skills, insurance, marketing, and business law. CMAs can earn 12 hours of continuing education credit for successfully completing Part 2CFM; likewise, CFMs can earn 12 hours for completing Part 2CMA (using the waiver does not earn hours).
The ICMA will grant credit for programs sponsored by educational organizations, employers, business organizations, and professional and trade associations at the local or national level. Programs may be in the form of courses, seminars, workshops, technical meetings, or self-study packages. Technical speeches and published articles will also be considered for continuing education credit. Please see the complete Continuing Education Requirements and Rules.
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