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ManagementAccounting.
Management accounting: A crucial role in organisations
Management accountants work at the heart of an organisation.
Management accountants help organisations succeed now and in the future. They do this by understanding the organisation’s business model, market trends, and customer demands.
With ability to analyse data, including predictive data analytics, a management accountant can uncover areas to improve business performance, reduce waste, and maximise spending. Management accountants monitor financial and non-financial data to glean a full picture of business operations which facilitates opportunities for innovation.
They are focused on meeting current challenges in a global economic landscape and have a keen eye on future success.
Management accountants are finance business partners and trusted advisers to leadership, offering data-driven insights on strategic decisions — from improving productivity to expanding service offerings or stepping into new markets.
Management accountants create value and influence business strategy, enabling organisations to adapt and innovate. With the Chartered Global Management Accountant® (CGMA®) qualification under your belt, you could work in any industry, including sport, fashion, tech, manufacturing, governments, health care, and not-for-profits.
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What’s the difference between a management accountant and a financial accountant?
Management accountants are responsive
Whatever financial data the business leaders need, they provide.
A management accountant monitors and analyses a company’s financial and non-financial data to advise leadership on strategic planning and performance management.
What does a management accountant do in a typical workday?
- Review budgets and analyse data to advise leaders.
- Prepare data-rich internal reports for managers and teams.
- Review financial and non-financial data to measure performance.
- Focus on financial data for specific aspects of business operations.
- Analyse qualitative and quantitative data.
Financial accountants are regulated
Reports comply with requirements of governments and regulatory bodies.
A financial accountant monitors and analyses a company’s financial transactions, and prepares statements, including profit and loss (P&L) reports and balance sheets.
What does a financial accountant do in a typical workday?
- Compile data at set points of the year, according to legislation.
- Generate external reports, per regulations and standards, for auditors and stakeholders.
- Review and analyse past financial performance.
- Focus on financial data from the entire organisation.
- Analyse quantitative data.
To become a management accountant, you’ll need a relevant professional qualification.
The Chartered Institute of Management Accountants® (CIMA) is the world’s largest professional body for management accountants. And CIMA is the only organisation to award the CGMA qualification.
CIMA’s CGMA Professional Qualification builds the real‑world finance skills that help you stand out and move forward in your career. Achieving the globally respected Chartered Global Management Accountant designation means you can proudly add CGMA after your name — a powerful mark of credibility, expertise, and ambition recognised around the world
You can choose your study route. There are three pathways to attain the CGMA qualification and CIMA membership:
- CGMA Finance Leadership Program
- Self-Tailored Learning Pathway
- CIMA’s Apprenticeships (England only)
You may be eligible for exemptions, check here to discover where you can begin in the CGMA syllabus.
I have some experience or qualifications
If you have a combination of work experience and a relevant degree in business and finance, you could jump straight into studying the CGMA Professional Qualification to become a Chartered Global Management Accountant (CGMA).
Recognised all over the world, the CGMA Professional Qualification focuses on employability, offering a syllabus that is truly competency based.
You’ll develop the technical and leadership skills employers are really looking for, showing them that you not only have the knowledge, but also the competencies and skills of a CGMA.
I want to earn and learn with an apprenticeship
The CIMA apprenticeship programme is a workplace training programme available in England. It includes a combination of on-the-job training and classroom learning.
Suitable for almost anyone, whatever your life-stage, you’ll gain real practical experience, earn a wage and work towards a nationally recognised apprenticeship qualification, as well as the globally recognised Chartered Global Management Accountant (CGMA) designation.
Discover new career opportunities
Women in Finance and Accounting
Hear from our women members around the world sharing how the CGMA® qualification helped them cultivate confidence and discover new career opportunities.
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How has your financial qualification impacted your career?
AICPA & CIMA members share how the CGMA® qualification helped them progress in their careers. Be inspired by how they cultivated confidence, experienced growth and uncovered opportunities through their journeys.
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As a woman in accounting and finance, how have you overcome career challenges?
AICPA & CIMA members shares their personal experiences on navigating obstacles, building resilience, and finding solidarity in the profession.
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What's your advice for young women in finance or accounting?
AICPA & CIMA members share experiences from their career journeys. Learn from them as they offer guidance, encouragement, and career lessons for young women pursuing careers in accounting and finance.
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Happy International Women's Day 2025!
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Top tips for young women interested in careers in finance - Bili Eseanobi, ACMA, CGMA
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Great insight from Bili Eseanobi, ACMA, CGMA on managing imposter syndrome! Thank you for celebrating #accelerateaction in honor of International Women's Day 2025.
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Great advice from #CIMA member Leena Dattani FCMA, CGMA!
Thanks for celebrating International Women’s Day 2025 with us.
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International Women’s Day 2025 - Priscilla Enobun ACMA, CGMA
As we reflect on International Women’s Day 2025, we encourage you to take a moment to appreciate all the amazing women who have come before us. Thanks to Priscilla Enobun ACMA, CGMA for reminding us to always keep striving together.
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Advice to young women on overcoming challenges #IWD25 - Leena Dattani FCMA, CGMA
We asked #CIMA members for their advice to young women on overcoming challenges. Thanks to Leena Dattani FCMA, CGMA for sharing your story in honor of International Women’s Day 2025!
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International Women's Day 2025 - Huiming Chen, FCMA, CGMA
As we look back on our celebration of International Women's Day 2025, take a moment to reflect on how far women have come by supporting each other. Thank you to Huiming Chen, FCMA, CGMA, for your thoughts.
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What International Women's Day 2025 means to you! - Leena Dattani FCMA, CGMA
Thank you to #CIMA member Leena Dattani FCMA, CGMA for sharing what International Women's Day 2025 means to you - and inspiring us!