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RAIN
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Joined: 27 Aug 2009
Location: United States
Online Status: Offline
Posts: 85

Posted: 29 Aug 2009 at 19:02 \| IP Logged

Maestro47 wrote:

Totally have to disagree with RAIN. CFOs at top
companies have their CPAs. I've never worked for a CFO that didn't have
his CPA.

I was bored and I picked just 3 current CFOs (totally random)
Chris Liddell CFO Microsoft (Engineer)
http://www.microsoft.com/presspass/exec/liddell/
Big Pete CFO Apple (Agricultural Business)
http://en.wikipedia.org/wiki/Peter_Oppenheimer
Lewis Booth CFO Ford - He is a chartered accountant
http://media.ford.com/article_display.cfm?article_id=21673

So one out of three. Some CFOs are CPAs and some are not. Again: my
point is... CPA is not necessary to become a CFO and it's not going to
help you a lot to get there (you need so many other skills on top of good
understanding of accounting to become a CFO).

__________________
CPA EXAM - PASSED
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fay21105
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Joined: 31 Aug 2009
Location: United States
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Posts: 2

Posted: 31 Aug 2009 at 16:11 \| IP Logged

I am in the process of pursuing my undergrad degree. I have an associates in accounting. I want to take the CPA exam, but now am alittle confused if I want to take the CPA or CMA. Can someone give me advice whether to be a CPA or CMA?

RAIN
Contributor

Joined: 27 Aug 2009
Location: United States
Online Status: Offline
Posts: 85

Posted: 31 Aug 2009 at 16:46 \| IP Logged

fay21105 wrote:

I am in the process of pursuing my undergrad degree. I have an associates in accounting. I want to take the CPA exam, but now am alittle confused if I want to take the CPA or CMA. Can someone give me advice whether to be a CPA or CMA?

CPA is generally considered the gold standard in the USA. It's widely known and respected. CMA is not that popular. However, if you are planning on working in the private area, you might be better off with a CMA license. CMA is also easier to get. Why don't go for both of them?

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CPA EXAM - PASSED
CFA?

fay21105
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Joined: 31 Aug 2009
Location: United States
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Posts: 2

Posted: 31 Aug 2009 at 16:50 \| IP Logged

RAIN: I probably should go for both since CMA you only need a undergrad degree and CPA I need 150 credits to sit for the test. Wow you did really go on the CPA Exam! How was it?

RAIN
Contributor

Joined: 27 Aug 2009
Location: United States
Online Status: Offline
Posts: 85

Posted: 31 Aug 2009 at 18:32 \| IP Logged

It was fun (Auditing aside). Since I work in corporate finance/ accounting, I
am thinking of going for the CMA now.

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CPA EXAM - PASSED
CFA?

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