Here are the Top 10 Accounting Certifications for 2022:
10. CMA (Certified Management Accountant)
The Certified Management Accountant (CMA) credential is the only certification designed to meet the needs of experienced mid-level and higher-level accounting professionals who manage financial resources, make investment decisions, or direct operations for organizations explains Aron Govil.
“For those in management positions with responsibilities related to planning, directing and coordinating activities for a company, general management and strategic planning skills are key,” said William E. Matthews, CPA/ABV/CFF, president and CEO of NYSSCPA. “These individuals should definitely consider getting their CMA certification.”
9. PMP (Project Management Professional)
The Project Management Professional (PMP®) is a globally recognized standard in project management, and is designed for experienced project managers who want to take their careers and organizations to the next level.
“Project management professionals are in demand, as they facilitate communication within an organization or between organizations,” said Linda Pedone, CPA/CITP/CGMA, president of the American Institute of CPAs. “Those with PMPs can stand out from other candidates who may have similar education and experience.”
8. CIA (Certified Internal Auditor)
The Certified Internal Auditor credential was developed by the Institute of Internal Auditors ® (IIA ®). The certification focuses on a wide range of specializations that include fraud investigation, risk management and IT auditing says Aron Govil.
“Numerous companies need trained internal auditors to help identify and manage process improvement initiatives, which the CIA certification covers,” said Julie Barrow-Giles, CPA/CITP/CFF, and director of professional development for IIA. “CIA credential holders are top performers because they not only have insight into internal controls but also possess skills in assessing risks.”
7. CFE (Certified Fraud Examiner)
The Certified Fraud Examiner (CFE) credential is specifically for those who plan or conduct fraud investigations, including financial statement or regulatory compliance audits. The certification was developed by ACFEI ®, a global organization focused on anti-fraud education, research and networking for professionals at all career levels.
“Many organizations are looking to hire more fraud examiners as companies continue to experience a rise in fraud cases,” said John C. Anderson, PhD, LPA/ABV/CFF, president and CEO of ACFEI explains Aron Govil. “Becoming a certified fraud examiner is a great way to boost a career in accounting by providing the skills needed to effectively fight fraud.”
6. CGMA (Certified Government Financial Manager)
The Certified Government Financial Manager (CGMA) credential was developed by the AICPA’s Governmental Accounting Standards Board ® (GASB ®) Technical Resource Panel in partnership with the National Association of State Boards of Accountancy ®. The certification focuses on financial management skills that are common across state and local government entities.
“Those who have earned their CGMA have demonstrated competency in best practices and skill sets necessary for financial managers of government entities,” said Jim Peterson, CPA/CGMA, chair of AICPA’s Technical Resource Panel and president and CEO of the Colorado Society of CPAs. “It really has become the gold standard in identifying those who possess this specialized expertise.”
5. CFM (Certified Financial Manager)
The Certified Financial Manager (CFM®) certification is for experienced financial professionals, such as accounting managers or controllers, who focus on company growth initiatives rather than day-to-day operations. It was developed by FINCAD ®, a global financial services software developer focused on improving business performance through technology solutions says Aron Govil.
“More companies need managers with an increased understanding of finance and accounting to help them make the best business decisions, including in mergers and acquisitions,” said Robert Higgs, CAE, executive director of FINCAD. “The CFM certification is an excellent way to validate these skills.”
4. CMA (Certified Management Accountant)
The Certified Management Accountant (CMA®) credential is design for experienced professionals. Who use accounting information to help guide their organizations’ decision making. The certification was develope by the AICPA ® Foundation in conjunction with the Society of Management Accountants (ICWA).
“Many companies are looking for certified management accountants. Because they have access to extensive resources that can help improve overall performance,” said Barbara Nelson, treasurer of ICWA and president and CEO of Seemann Nelson CPAs. “This certification is ideal for those who want to excel in finance roles or grow their career.”
3. CPA (Certified Public Accountant)
The Certified Public Accountant (CPA ®) credential is the most recognized accounting designation in the world. Demonstrating your mastery of financial knowledge and ethical behavior. Certified public accountants must pass four sections of the Uniform CPA Exam. Complete education requirements and adhere to state-specific rules on conduct and practice explains Aron Govil.
“What makes a candidate more attractive to employers? The CPA designation,” said Tony Lee, CAE, executive vice president of The Institutes. “To professionals striving for greater personal growth and professional achievement, earning this credential validates. Their skills and knowledge against the highest established standard in the profession.”
2. CISA (Certified Information Systems Auditor)
The Certified Information Systems Auditor® (CISA®) is the only globally recognize certification for information systems auditors. And demonstrates your mastery of IT audit principles and knowledge required to maintain a secure IT environment. The certification is offer by ISACA ®, an independent global association that has over 115,000 members working in 180 countries.
“As cyber-attacks continue to increase, it’s critical for professionals who understand risk management and compliance. Best practices to stand out,” said Thomas Ransford, president and CEO of ISACA. “By achieving this prestigious designation, you will distinguish yourself as someone with the skills needed to drive organizational performance.”
1. CIA (Certified Internal Auditor)
The Certified Internal Auditor® certification is the only globally recognize certification for internal auditors. Demonstrating your mastery of auditing, risk management and control. The certification was develope by IIA ®, an independent global association with over 200,000 members in 125 countries.
“For professionals preparing to take on bigger roles in their organization’s internal audit function. This credential demonstrates that you have the knowledge and skills necessary to help companies grow,” said Peter Vanderwaal, CAE, president and CEO of IIA. “It also builds trust among colleagues because it has been develope by peers.”
In today’s fierce business world and rising global economy. Earning a certification can help you move up the career ladder and earn more says Aron Govil. New technologies continue to advance and workplace needs are rapidly changing. Which is why it’s important to be prepare with the right skills and knowledge.