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How they passed the CMA exam

Article Abstract:

Accountants who passed the Certified Management Accountant (CMA) examination in 1995 were surveyed to identify their motivations for taking the examination, determine their use of study materials and solicit advice for future CMA candidates. Two hundred seventy-six successful examinees participated in the survey. Findings indicate that the respondents believed that a CMA designation would give them personal satisfaction (98.5%), increased recognition at work (58.2%) and greater marketability or job mobility (47.8%). Among the study materials that they found to be most useful were Gleim (185), MicroMash (59), textbooks (38), Becker (36) and old CMA examinations (36). The average number of hours of study was 136 or an average of 12.7 hours weekly for 10.7 weeks before the exam. The new CMAs attributed their success to prior personal study and review, educational background, and work experience. Their advise are presented.

Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Methods, Examinations, Educational tests

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Research

Article Abstract:

Several presentations on the development of activity-based costing (ABC) applications in various industries were made at the Consortium for Advanced Manufacturing-International's first quarter meeting on Mar. 18-20, 1996. Dr. Douglas Webster of American Management Systems presented an overview of how federal government managers are turning to ABC/ABM. Brad Akright gave an overview of how Kansas City Power and Light was able to implement an ACBM system in 15 months. Tom Schmitt of Giant Food presented Giant's development of an Economic Customer Response program based on the enhancement of the supply chain. Cathie Wier of Arthur Andersen Advanced Cost Management Team gave pointers on proper ABM software selection and integration. Several interest groups also collaborated in the identification, development and dissemination of advanced management best practices.

Conferences, meetings and seminars, Financial management

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1992 student case competition

Article Abstract:

The Committee on Academic Relations has prepared a business problem for accounting students to solve. It involves the implementation of activity-based cost management within Genesis Manufacturing Inc. The New York-based manufacturing company's profit performance has been worsening, requiring a reevaluation of current cost/pricing strategies. The 1992 Student Case Competition will be accepting entries until Mar 15, 1992. Actual competition will be held at the Annual Conference in Atlanta, GA, in June 1992.

Industrial management

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