CPAnet Forum: CMA Exam Part 1 Waive

Active Topics

Memberlist

Help

MBA / CIA / CFA / CMA
CPAnet Forum : MBA / CIA / CFA / CMA

Topic: CMA Exam Part 1 Waive (

Topic Closed)

Author

Message

<< Prev Topic | Next Topic >>

Dokimcpa
Regular
Regular

Joined: 31 May 2009
Location: United States
Online Status: Offline
Posts: 156

Posted: 21 Nov 2009 at 03:51 \| IP Logged

I am still working on the CPA exam, 3 down and 1 more to go. I am considering CMA after I finish CPA exam and I have a question regarding to CMA exam part 1 Waive qualification.

Do I need to have CPA license or just a proof that I passed all parts of CPA exam? Once I finish the CPA exam, I do need to have at least 1 year audit experience to get CPA license in PA. However, I may qualify to get CPA license in DE without audit experience. Nevertheless, the application and board approval process may take up to 10 months depends on the state board. It would be very helpful on my planning if anyone can clarify the Part 1 exam waive qualification requirement.

Thank you!

jay_usa
Major Contributor

Joined: 16 Dec 2007
Location: United States
Online Status: Offline
Posts: 401

Posted: 05 Dec 2009 at 13:17 \| IP Logged

Looks like there will not be any need for waiver now.. As per the IMA website FAQs, no waivers will be provided to anyone ( assuming you take the new CMA program ). Please check below.

http://www.imanet.org/certification.asp

Good Luck

__________________
Thanks
Jay CPA,CGMA,CITP,MBA

Dokimcpa
Regular
Regular

Joined: 31 May 2009
Location: United States
Online Status: Offline
Posts: 156

Posted: 05 Dec 2009 at 17:43 \| IP Logged

Yes, I saw the update on the IMA website. The old format of the CMA exam is still available until the end of December, 2010. I was informed by the CMA admin that the waiver is qualified for people who passed the CPA exam without the certification/license. It looks like the new exam format would be offered starting May 1st, 2010.

As soon as I finish the CPA exam, I am planning to prepare for the CMA exam, but I am not sure which format is better or easier to take..

If anyone knows any more than what is posted on the IMA website, please share! Thank you.

Tifferbugz
Regular
Regular

Joined: 18 Feb 2009
Location: United States
Online Status: Offline
Posts: 218

Posted: 07 Dec 2009 at 14:33 \| IP Logged

Not sure which is easier or better. The new format is only 8 hours, but I guess if you're waiving a part of the old format you'll be around that much time anyway.

__________________
CMA - Completed 10/2008
AUD - 2/25/09 - 89
BEC - 4/13/09 - 84
FAR - 10/26/09 - 80
REG - 4/24/10 - 80
Ethics - Done!

USCcpa
Contributor

Joined: 12 Oct 2009
Online Status: Offline
Posts: 56

Posted: 14 Mar 2010 at 23:36 \| IP Logged

Tifferbugz wrote:

Not sure which is easier or better. The new format is only 8 hours, but I guess if you're waiving a part of the old format you'll be around that much time anyway.

Is the old exam all multiple choice and no essays?

__________________
California CPA candidate:
BEC taken on 7/9/09 - 84
AUD taken on 10/10/09 - 90
FAR taken on 11/17/09 - 80
REG taken on 11/25/09 - 79
CA Ethics Exam - PASSED!

Sorry, you can NOT post a reply.
This topic is closed.

Printable version

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum