Logan Sathasivam | Blogspot
Logan Sathasivam - Wisconsin Accounting Operations Manager
Thursday, July 5, 2018
A Look at the Certified Management Accountant Exam’s Areas of Focus
Logan Sathasivam, a graduate of Marquette University, currently serves as a manager of accounting operations at CUNA Mutual Group in Madison, Wisconsin. An expert in process development and improvement, Logan Sathasivam also holds professional designations including Certified Management Accountant (CMA) certification.
Administered by the Institute of Management Accountants, the CMA certification has been a global accounting benchmark for more than 40 years. Accountants who receive the designation demonstrate knowledge of financial accounting, strategic business management, and financial data. The CMA has proven itself to be a worthwhile credential, as accounting professionals in the US who hold it earn 47 percent more on average than those who do not.
To obtain the credential, accounting professionals must have a college degree as well as at least two years of management accounting experience. Moreover, candidates must pass a standardized test, split into two parts.
Part one of the exam consists of sections on external financial reporting decisions, performance management, cost management, and internal controls, as well as a section on planning, budgeting, and forecasting. Alternatively, part two of the exam focuses places more emphasis on financial decision making. Topics covered in part two include financial statement analysis, decision analysis, corporate finance, professional ethics, investment decisions, and risk management.
Friday, June 22, 2018
AICPA Launches New Financial Planning Certificates Program
An accounting professional with a master's from Marquette University, Logan Sathasivam serves as a manager of accounting operations at CUNA Mutual Group in Madison, Wisconsin. Beyond his day-to-day professional activities, Logan Sathasivam maintains membership in the American Institute of Certified Public Accountants (AICPA).
A professional association comprising more than 650,000 members, AICPA provides a variety of programs and resources to help CPAs improve their knowledge and skills. In a June 2018 press release, the organization announced the launch of a new certificates program in personal financial planning.
Designed for CPAs interested in enhancing their financial planning expertise, the Personal Financial Planning (PFP) Certificates Program offers four technical certificates in the core PFP areas of retirement, estate, risk management/insurance, and investment planning. The program also includes a fifth certificate focused on the application of the financial planning process.
In addition to helping CPAs improve their skill set, the PFP Certificates Program offers a new pathway to the AICPA Personal Financial Specialist (PFS) credential, which gives CPAs the ability to demonstrate their personal financial planning experience and expertise. More information about the PFP Certificates Program and the PFS credential is available at www.aicpa.org.
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