There are seven grades of membership within the Association:
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Certified Management Accountant - entitled to use the designatory letters CMA
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Associate Management Accountant - entitled to use the designatory letters AMA
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Graduate Management Accountant - entitled to use the designatory letters GMA
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Registered Business Administrator- entitled to use the designatory letters RBA
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Registered Cost Accountant - entitled to use the designatory letters RCA
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Certified Accounting Technician - entitled to use the designatory letters CAT
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Management Accounting Affiliate - entitled to use the designatory letters MAA
- Open Entry for those interested in the field of Management Accountancy
Student membership - not entitled to use any designatory letters; and
Honorary membership - available for distinguished persons whose services to Management Accounting and related disciplines in the opinion of the Executive Committee merit this award of membership.
Membership fees :
Details of the current period's membership fees are available in the application form.
Qualifications :
Only natural persons who satisfy the Association's relevant educational requirements (or equivalent) and possess the relevant practical experience are eligible to become Members
Experience :
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For Certified Management Accountant membership - five years approved experience in a senior and responsible Management Accounting position is required.
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For Associate Management Accountant membership - three years approved experience is required.
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Applicants for Graduate Management Accountant membership must have a minimum education standard of a degree from a university or equivalent educational institution in accountancy or a related discipline. There are no experience requirements.
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Applicants for Registered Business Administrator membership must have a minimum education standard of a degree in any discipline other than Accounting from a recognised university or 3 Stages of a Professional Qualification in Accounting or completion of Stages 3 & 4 of the ICMA’s Graduate program. There are no experience requirements.
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Applicants for Registered Cost Accountant membership must have a minimum education standard of Diploma in Accounting from a recognised Technical College (TAFE) or 3 Stages of a Professional Qualification in Accounting or completion of Stages 1 & 2 of the ICMA’s Graduate program. There are no experience requirements.
For Management Accounting Affiliate - no management accounting experience is required. It has open entry for those with either 2 years supervisory managerial experience or 3 years of running one's own business. This category of members would be required to undertake an approved continuing professional development (CPD) program within 2-years of being granted such membership. Note that this CPD program can be done anywhere, for example via CMA short courses, CPA Australia seminars or even a university subject in accounting.
Applications for student membership must have a minimum education standard of year 12 or equivalent.
For the purpose of clauses 3.3(a) and 3.3(b) of the constitution, a demonstration of experience will be required in three main areas :
- financial and cost accounting skills
- application of the principles of cost and management accountancy to real management problems; and
- direct involvement in resource management, decision-making and strategic financial planning.
The experience referred to in clause 3.3(d) must be verified by the applicant's sponsor and will be evaluated by the Membership Committee.
* Relevant experience in management accounting is broadly defined to include the gaining of experience in the provision of information in a wide range of managerial functions including costing, pricing, marketing, strategy, financial analysis, logistics, information systems, etc. |