Certification or Licensing
Many accountants and auditors become certified to improve their skills and demonstrate to potential employers that they’ve met the highest standards established by their industry. Becoming certified can also translate into higher earnings. According to the Institute of Management Accountants, those who hold the certified management accountant (CMA) credential earned 63 percent more in total compensation than non-CMAs in 2014. Robert Half Accounting & Finance reports that the CMA credential is one of four certification designations that are in especially strong demand. The other credentials include:
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