The Institute of Management Accountants (IMA) and Robert Half International Inc. maintain various resource websites for students.
Visit the "New Generation Accountant website at http://nextgenaccountant.com/skills to review the types of positions that most organizations have for management accounting trainees. Identify those positions that relate to managerial rather than financial accounting. Then, review the Industry Statistics (see link along the left-hand side of page). Summarize the specialties and skills in demand and the workforce demographic trends.
Visit the "Students" section of the IMA website at http://www.imanet.org/ima/sec.asp?TRACKID=&CID=1071&DID=1750. Locate the information about the scholarships and awards that are sponsored by the IMA. Briefly describe the various types of scholarships and awards available to students.
Internet Exercise #2
Each of the organizations listed below provide professional certifications to financial and managerial accountants.
Visit the Institute of Management Accountants (IMA) website (http://www.imanet.org) and locate and read about the Certified Management Accountant (CMA) designation.
Visit the American Institute of Public Accountants (AICPA) website at http://www.aicpa.org and locate and read about the Certified Public Accountant (CPA) designation.
Review the information provided on these two sites. Then, write a brief paper (3 - 5 paragraphs) that compares and contrasts these two professional designations.
