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ICMA and Prometric Sign Multi-Year Agreement for Certified Management Accountant (CMA) Exam

Friday, April 26, 2013 5:16 PM


Renewal Continues ICMA's Global Expansion of the CMA Credential

MONTVALE, N.J., April 26, 2013 (GLOBE NEWSWIRE) -- The Institute of Certified Management Accountants (ICMA®), the certification division of IMA®, and Prometric, a trusted provider of market-leading test development and delivery solutions, announced today a multi-year renewal for test development and delivery services supporting IMA's globally recognized CMA® (Certified Management Accountant) program. New to the administration of CMA test delivery is the global implementation of identity management solutions. 

The CMA is unique among professional and academic credentials, designed specifically for accounting and financial management professionals in business.  It is a relevant assessment of advanced accounting and financial management knowledge in four critical areas: Financial Planning, Analysis, Control and Decision Support.  The CMA assures employers that an individual has mastered the knowledge and skills needed on the job today.

Professionals holding IMA's CMA credential earn an average of 26 percent more in total compensation compared to noncertified professionals, according to IMA's 23rd Annual Salary Survey, published in the June 2012 issue of Strategic Finance.  On average, CMAs earn over $27,000 more than their non-certified peers.  Follow this link to download a copy of the survey: http://www.discoverima.org/IMASALSUROPR.

"This renewal reflects IMA's commitment to its aspiring CMA members," said ICMA's Senior Vice President of the CMA program Dennis Whitney, CMA, CFM.  "Prometric's global testing infrastructure provides the high level of quality and convenience our members deserve.  Our relationship will be valuable as we continue expanding in the Asia/Pacific, Europe, Middle East/Africa and the Americas regions." 

The ICMA added 10,000 new CMA candidates in 2012.  More than 15,000 CMA exams were administered over the last year.  IMA currently represents more than 65,000 accountants and financial professionals in business.

"The world's leading companies and governments view the CMA credential as a reliable indicator for successful employment and promotion.  It signals to them that the financial professionals they hire have the accounting skills, strategic vision and business ethics to perform honestly and effectively," said Michael Brannick, President and CEO of Prometric. "Prometric's test development and delivery support of the CMA gives candidates a level playing field for proving their merit and earning the credential, and the global scale of our operations allows for reliable CMA testing, worldwide, over a secure computer-based network.  The inclusion of ID Management strengthens the CMA credential by adding an effective safeguard for honest test takers." 

About IMA® (Institute of Management Accountants)

IMA®, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking, and advocacy of the highest ethical business practices.  IMA has a global network of more than 65,000 members in 120 countries and 200 local chapter communities.  IMA provides localized services through its offices in Montvale, N.J., USA; Zurich, Switzerland; Dubai, UAE; and Beijing, China.  For more information about IMA, please visit www.imanet.org.

About Prometric

Prometric, a wholly-owned subsidiary of ETS, is a trusted provider of technology-enabled testing and assessment. As the global standard in professional competency measurement, Prometric reliably delivers 10 million tests per year on behalf of 400 clients in the academic, financial, government, healthcare, professional, corporate and information technology markets. Through innovation, workflow automation and standardization, Prometric achieves customer-inspired advances that are better, faster and at less cost for its clients, helping to put the right people in the right jobs at the right time. Prometric delivers tests flexibly via the Web or by utilizing a robust network of more than 8,000 test centers in more than 160 countries. For more information, please visit www.prometric.com.

CONTACT: Kevin Patrick Kane
         kevin.kane@prometric.com

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(Source: PrimeZone )
(Source: Quotemedia)

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