career choice :)

Job Destination
Accounting can be split into two major fields: finance and management. Financial accounting deals mostly with taxes and auditing. Chartered accountants (CAs) and certified general accountants (CGAs) tend to focus their efforts on financial accounting. Certified management accountants (CMAs) focus more on the analysis of financial records to help manage the day-to-day activities of a company. CMAs use their business, financial, and strategic management skills to help improve the performance of companies. Their expertise helps managers make better decisions. For example, a CMA might study a company’s financial records to determine whether or not it makes sense to buy a new piece of machinery. A CMA may also analyze a factory production line to determine the cost of the products rolling off the end of the line. This analysis could then be used to help management figure out how to reduce production costs and increase profits. In fact, CMAs’ training allows them to play a role in a wide range of business activities including operations, human resources, information technology, finance, strategic planning, and sales and marketing. But this job isn’t all about numbers, communication is just as important. It’s one thing to know what data means, but it’s another thing to explain those findings to other people in a company. If CMAs can’t explain their results to management, they won’t succeed in this line of work. With their training, CMAs are well positioned to start their own business. Their ability to tackle a broad range of business issues often enables them to succeed regardless of the industry.
Source: http://www.careercruising.com/Careers/JobDetails.aspx?LoginID:=2a21f81d-c757-4bfd-aa76-39e4f030cfcf-&OccNumber=84&field=JobDesc

Working Conditions

CMAs are employed by companies in all sectors of business and government. Some CMAs are self-employed and hire their services out to organizations on a contract basis. CMAs tend to work in office settings. They usually use computers to keep track of information and write reports. Some travel may be required, depending on the employer. Work hours for people in this career vary depending on their employer and the industry they work in, but there are generally periods in the year when overtime is a necessity (for example, during budget time). Normally, it’s a 40-hour week. The job is not physically demanding, but meeting deadlines and working on multiple projects can be tiring and stressful.
Source:
http://www.careercruising.com/Careers/JobDetails.aspx?LoginID=2a21f81d-c757-4bfd-aa76-39e4f030cfcf-&OccNumber=84&field=WorkCond
Earnings

Salaries for certified management accountants vary, depending on their level of experience, education, and the industry in which they work. For example, a CMA employed by a company in the oil industry will likely earn more than one working in the hospitality sector. CMAs with a master’s degree typically earn more than those with only a bachelor’s degree. In general, salaries can range from about $30,000 to more than $150,000 a year. Recent university graduates are generally employed as junior financial analysts or staff accountants while they work toward their CMA designations. These positions generally pay in the vicinity of $34,000 to $60,000 a year. With the CMA designation, income can rise to $75,000 or more a year. After many years, CMAs may become senior financial analysts and finance managers. In these positions, they can earn up to $90,000 a year. Directors of departments often make upwards of $100,000 a year. Chief financial officers (CFOs) and other executives can earn much more. Earnings for CMAs who start their own business depend on the success of their business. Those with a strong client base and a solid reputation often earn $65,000 to $150,000 a year, though they can earn more. CMAs typically receive benefits, such as dental plans, pension plans, and sick days. Many also receive performance bonuses or profit sharing plans. Self-employed CMAs must provide their own benefits.
Source: http://www.careercruising.com/Careers/JobDetails.aspx?LoginID=2a21f81d-c757-4bfd-aa76-39e4f030cfcf-&OccNumber=84&field=Salary
Sample Career Path
LEVEL 1
Junior Financial Analyst / Junior Accountant

EARNINGS
$30,000 to $60,000 a year
REQUIREMENTS
• Bachelor’s degree in business or related subject • Enrolled in CMA Strategic Leadership Program • Strong computer skills
RESPONSIBILITIES
Assisting senior analysts with forecasting and budgeting; writing financial reports; organizing data.

LEVEL 2
Financial Analyst
EARNINGS
$50,000 to $80,000 a year
REQUIREMENTS
• Approximately 3 to 6 years of experience • CMA designation • Good analytical skills
RESPONSIBILITIES
Analyzing data; recommending solutions to process problems; writing financial reports.

LEVEL 3
Senior Financial Analyst or Finance Manager
EARNINGS
$65,000 to $110,000 a year
REQUIREMENTS
• Approximately 6 to 8 years of experience • Proven leadership skills • Excellent communication skills
RESPONSIBILITIES
Supervising others; writing and giving financial presentations; following corporate goals; analyzing data; recommending solutions to process problems; writing financial reports.

LEVEL 4
Director
EARNINGS
$85,000 to $140,000 or more a year
REQUIREMENTS
• At least 10 years of experience • Proven ability to drive the company forward and make profits
RESPONSIBILITIES
Optimizing business outcomes; driving the business to good decisions; playing a proactive role; directing department staff.


Other Information

The Institute of Management Accountants' (
) Certified Management Accountant (CMA) certification is a comprehensive credentialing program that assesses mastery of the management accounting and financial management body of knowledge. Subject matter includes economics, corporate finance, cost management, internal controls, performance measurement, financial reporting, decision analysis, organization management, and strategic planning, with a strong emphasis on ethics. To date, the Institute of Certified Management Accountants (ICMA), the certification division of IMA, has awarded more than 30,000 CMA certificates in the U.S. and internationally.

Overall, the CMA accreditation process is designed specifically to support the contemporary role of the CMA as a financial and strategic management professional. There are three distinct steps to earning the CMA designation:
1. Graduate with a bachelor’s degree (or higher) and complete the CMA prerequisite courses.
2. Pass the CMA Entrance Examination. This examination is a 4-hour multiple choice exam focused mainly on management accounting, financial accounting, corporate finance, and corporate tax with some coverage of other related business courses.
3. Complete CMA Canada’s unique management development program, the CMA Strategic Leadership Program, while gaining concurrent practical experience in a management accounting environment. This innovative two-year program focuses on the best of contemporary and emerging strategic management and management accounting practices while developing the communication, interpersonal , leadership and problem-solving skills essential for today’s management professional. Students must also write and pass the 4-hour CMA Case Exam after year 1 of the CMA Strategic Leadership Program. At the end of year 2, candidates will be assigned to teams in order to complete the program’s final evaluation component, the CMA Board Report and Presentation. This dynamic project is the ultimate test of candidates’ CMA competencies and brings the program’s many facets together for a comprehensive application and a truly memorable learning experience. In addition, 24 months of practical experience in a management accounting environment, concurrent with the Strategic Leadership Program, is an essential component in the process of becoming a CMA. This Practical Experience Requirement provides assurance that candidates have demonstrated their competencies in the profession of management accounting. To review the CMA Competency Map, which serves the basis for the CMA Entrance Exam, Strategic Leadership Program and Practical Experience evaluation process, visit www.CreativeAccountants.org and click on "What is a CMA".
In Ontario, alternate channels to become a CMA also exist for certain individuals who take advantage of special "Combined" programs that have been established with some Ontario universities. In addition, there is a CMA Executive program for individuals who possess at least 5 years of senior level management experience.

Source: Wikipedia.ca

seeing,hearing,doing (jobfutures.ca

Learning Style
Low
High
Doing learning style :
56%
Hearing learning style :
19%
Visual learning style :
0%
Learning Style Descriptions Doing learning styleYou need to receive information through touch and feel and learn best from hands-on work and movement. Hearing learning styleYou need to hear information and learn best from lectures and conversations. Visual learning styleYou need to see information in a visual format and learn best from written information, diagrams, and pictures.

Mutiple Intelligence (jobfutures.ca

Types of Intelligence
Low
High
Bodily/Kinesthetic :
59%
Visual/Spatial :
47%
Intrapersonal :
41%
Naturalist :
41%
Musical :
38%
Verbal/Linguistic :
34%
Interpersonal :
31%
Logical/Mathematical :
28%
Top 3 Types of Intelligence Bodily/KinestheticYou use all or part of your body to create products or solve problems. Athletes, surgeons, dancers, and craftspeople have this intelligence. Visual/SpatialYou're able to perceive visual and spatial information and can create effective mental pictures. Architects, artists, and engineers have this intelligence. IntrapersonalYou're able to distinguish among your own feelings, build accurate mental models of yourself, and draw on these models to make decisions about your life. People with strength in this intelligence are found in all walks of life. Check out the suggested Learning Strategies for your types of intelligence.
To find out more about the other types of intelligences, click on the titles in the chart above.

work values (jobfutures.ca

Express your values through your work to attain job satisfaction. Here are the work values that you selected as being very important. Important Values My Work Style
I enjoy work that requires attention to detail and accuracy.
I want work with responsibilities that change frequently. My Work Motivations
It's important to me to get public recognition for the work that I do.
I want work that leaves me leisure time for my family and friends.
The idea of making money motivates me a great deal.
I'm motivated by work that will lead to a management position. How I Like to Interact with Others
I like to work independently with little or no supervision. My Preferred Work Setting
I want a calm, peaceful work setting. Somewhat Important Values My Work Style
I want work that lets me use my creativity to think up new ways to do things.
I enjoy work that has fixed hours and a set schedule.
I like work where I can solve problems and decide how things should be done.
I want a work situation that's exciting and high-pressured.
I want the freedom to work to my own schedule. My Work Motivations
I'm motivated by work that will improve the world.
I'm motivated by work that allows me to help other people, either individually or in small groups.
I'm not interested in managing other people. I'm motivated by work that allows me to manage just myself. How I Like to Interact with Others
I would like to work with the public.
I like work that lets me persuade or negotiate with others.
I want work where I set and meet my own personal goals.
I want work where I get to interact with a team of other people. My Preferred Work Setting
I want work that challenges my intellectual capacities.
I enjoy a workplace with lots of fast-paced activity.
I prefer indoor work.
I would like to work outside all or some of the time.
I want work that doesn't involve travel.
I would like to travel and experience different cultures and places. These are your work values. You can:
add to them based on your knowledge of yourself
Use them as a guide while you research occupations to make your career decision
Think about how you see the fit between the work and your values
You can include questions in your information interview relating to your important values.

Build Your Resume

Personal Information:

Name:
Address:
Postal Code: Telephone Number:
Email Address:

Education Training:
Name of School:
Year From: Year to:
grade/Course/Certificate: grade

Work and/or volunteer experience:
Position: Program Assistant
Name of Business: Zorra Skating Club City: Embro
Year from: 2003 Year to: Present

Position: Child Care
Name of business: Various Homes City: Woodstock
Year from: 2007 Year to: Present

Additional Experiences/Accomplishments:

• Figure Skating: Accomplished half of my skiils, half of my dances, and two levels of freeaskate tests, along with competitiions

Interests/Activities:

• Figure Skating

References available upon request.

My Personality Dimensions

My Brightest colour is:
ORANGE!

My nrightest colour is shaped with:
BLUE!

And:
GREEN!

With a pale:
GOLD!

work preference (jobfuture.ca

Method of Working:
Low
High
Social :
55%

Innovative :
50%

Objective :
45%

Methodical :
43%

Directive :
40%

Education Level : University Education
Definitions of Top 3 Preferred Methods SocialSocial persons like dealing with people. They enjoy caring for and assisting others in identifying their needs and solving their concerns. Social persons like working and co-operating with others. They prefer to be involved in work that requires interpersonal contact. InnovativeInnovative persons like to explore things in depth and arrive at solutions to problems by experimenting. They are interested in initiating and creating different ways to solve questions and present information. They enjoy scientific subjects. Innovative persons prefer to be challenged with new and unexpected experiences. They adjust to change easily. ObjectiveObjective persons enjoy working with tools, equipment, instruments and machinery. They like to repair and/or fabricate things from various materials according to specifications and using established techniques. Objective persons are interested in finding out how things operate and how they are built.