7 Best Accounting Certifications to do in 2021

If an individual is into the field of finance, then management accountant certification can improve the earning potential and qualify for the more positions. If one is considering getting the best accounting certification then exploring a few of the certifications will help to determine which the perfect fit is for them.

In this article, let’s discuss the top finance certification and their benefits.

Certified Financial Analyst (CFA)

Several investment firms are looking for individuals who have done management accountant certification for security analysts and asset managers. It also adds benefits for those who are keen in jobs as equity analysts, fund or hedge fund managers, chief financial officers or senior finance managers.

This credential needs a bachelor’s degree along with four years of experience in the domain of financial services. The exam has three sequential levels with a total exam time of 18 hours. An individual must qualify the first level only then they can shift to the next level. The recommended ongoing requirements include 20 hours of CPE credits with at least two hours of standards, regulatory and ethics education.

Chartered Investment & Management Accountant (CIMA®)

CIMA® is very reliable and consists of the highly distinctive validation of advanced-level competence of professionals in two of the most rapidly growing super-specialization areas in accounting — investment accounting, and management accounting. It is the best accounting certification, the CIMA® charter offers each applicant with a proven promise and readiness for gathering the essential and in-demand financial intelligence, which globally several firms are in need to monitor, manage and grow their businesses and investment assets as well as portfolios.

Financial Risk Manager (FRM)

Certified Government Financial Manager (CGFM)

Personal Financial Specialist (PFS)

If one is already own a CFP or ChFC certifications, then they must meet the exam requirement prerequisites to become a PFS. The other way to get this certification is to pass the exam requirement that includes all the planning processes and professional responsibilities as instructed.

Chartered Financial Consultant (ChFC)

They get well-versed in the integrated advanced arena of financial planning such as insurance, income tax, asset protection, estate tax, gift tax, employee benefits, and retirement planning.

Certified Financial Planner (CFP)

To have a bigger picture of clients’ finances, becoming a certified financial planner is best recommended.

Wrapping Up

Investment & management accountants Writer, Adviser, Researcher and Investor.