The term "CMA" stands for Certified Management Accountant, a professional designation offered by the Institute of Management Accountants (IMA). This certification is designed for accountants and financial professionals who focus on financial management and strategy. CMAs are skilled in areas such as financial analysis, budgeting, and performance management, making them valuable assets in various organizations. To earn the CMA designation, candidates must pass two rigorous exams and meet specific educational and work experience requirements. The certification is recognized globally and helps professionals advance their careers by demonstrating expertise in management accounting and financial decision-making.