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CMA USA vs CPA vs ACCA comparison, CMA CPA ACCA salary comparison, differences in CMA USA CPA ACCA qualifications
👤 NorthStar Academy📅 13 Mar, 25⏱ 26 min read

CMA USA vs CPA vs ACCA - A Complete Comparison for 2026

The dynamic world of finance and accounting demands professionals with exemplary practical knowledge and skills. It is where internationally recognized certificates like US CPA, ACCA, and CMA USA stand as pillars of excellence. However, the several choices usually result in making the aspirants stand at the crossroads looking for the most suitable option for themselves. Are you one of these individuals striving to decode the ultimate battle- CMA USA vs CPA vs ACCA course? Absolutely, drawing distinctions between the top three finance courses can act as your guidepost to traverse the landscape of financial study options and select the one that's best suited for you.

Grasping each course individually on grounds such as the type of knowledge and skills they provide, the period of completion, the costs associated with them, and potential career prospects will aid you in making wise decisions. Each of these accreditations offers a unique skill set, opening doors to a diverse range of career opportunities. If you find it attractive to enter the global finance realm but do not know which certification will be of the most help to you, continue reading this post. It is a meticulous breakdown of CMA USA vs CPA vs ACCA qualifications based on varying factors to assist you with your decision when it comes to choosing the right career path and seeking out job opportunities.

But before delving into the differences, let's take a brief look into what these courses are. 

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What is US CMA course?

US CMA (certified management accountant) is one of the globally appreciated finance and accounting certifications. The Institute of Management Accountants grants it. The course aims to furnish the students with knowledge and skills for 12 courses in finance and accounting areas. CMAs get a chance to work at leading positions in renowned corporations' finance and management accounting sector.

What is a US CPA?

Given by the renowned American Institute of Certified Public Accountants, the US CPA credential is one of the most worthwhile degrees in the field of finance. Owing to the notable career prospects and honour it bestows on its holders, this credential has emerged as a top choice among individuals desiring a prosperous career in accounting and finance. The US CPA course primarily focuses on enhancing your knowledge and skills in finance and accounting subjects. CPAs usually work in finance, business and public accounting sectors.

What is ACCA?

ACCA certification is a focal point when comparing CMA USA vs CPA vs ACCA. Conferred by the UK's Association of Chartered Certified Accountants, the ACCA course is organized to equip you with skills to finetune business planning, manage finance, and understand taxation practices. ACCA is much more globally recognized than CMA and offers extensive opportunities in accounting.

CMA USA vs CPA vs ACCA

Focused fields and awarding bodies are not the only factors for differentiation between these certifications. The distinction between CMA USA vs CPA vs ACCA extends to several other factors, as listed below.

Differentiating Factors

US CMA

US CPA

ACCA

Eligibility

Bachelor's degree.

2 years of relevant work experience.

150 credit points.

2 years of relevant work experience.

High school diploma or 10+2 education qualification

Exam

Two-part examination with six subjects in each

Four exams

Three levels, including a total of 13 tests

Course Duration

6 to 9 months

12 months

24 months

Cost

Approximately USD 1585 for professionals and USD 1174 for students (Exclusive of the processing fees) 

Approx. INR 3,00,000 - INR 3,50,000

Approximately £1762. 

 

Career Opportunities

Finance Analyst, Cost Controller, Business Analyst, CFO, Finance Manager, VP Finance

Public Accountant, CFO, Finance Analyst, Finance Manager, Tax Analyst, Internal Auditor

Forensic Reporter, Finance Manager, CFO, Auditor, Tax Analyst, Public Accountant

Salary

As a beginner CMA professional, you can earn from INR 4,20,000 to INR 6,60,000 per annum.

CPA's pay range varies on the basis of their job responsibility, practice location, expertise, and other variables.

The average salary is between INR 4 and INR 7 LPA for freshers in India and between £18,000 and £25,000 annually in the UK.  

The above-given table provides you with a brief look into the differences between these courses. Now start reading below for a detailed explanation of CMA USA vs CPA vs ACCA. 

Eligibility

US CMA

To be qualified for the US CMA examination, several prerequisites are necessary:

  • Hold an economics or accounting Bachelor's degree.

  • Have at least a two-year work history in finance or accounting sectors.

US CPA

US CPA has the following eligibility requirements- 

  • Posses 150 credit points: With 120 coming from acquiring a bachelor's degree and 30 from postgraduate education.

  • 2 years of relevant work experience

ACCA

When it comes to qualifying for an ACCA examination, just having completed your high school diploma qualification suffices, provided that grades attained are not less than 65%.

Exam

Another factor in this CMA USA vs CPA vs ACCA guide is the exam for each course. The exam syllabus and pattern are quite different for all three, as explained below. 

US CMA

The US CMA is a two-part exam, with each part containing six subjects as follows. 

CMA Part- I Financial Planning, Performance, and Analytics

  1. External Financial Reporting Decisions

  2. Planning, Budgeting, and Forecasting

  3. Performance Management

  4. Cost Management

  5. Internal Controls

  6. Technology and Analytics

CMA Part- II Strategic Financial Management

  1. Financial Statement Analysis

  2. Corporate Finance

  3. Decision Analysis

  4. Risk Management

  5. Investment Decision

  6. Professional Ethics

US CPA

The Uniform CPA Exam consists of the following four tests- 

  1. Attestation and Auditing (AUD)

  2. Financial Accounting and Reporting 

  3. Regulation (REG)

  4. Optional paper (Anyone)

  • Business Analysis and Reporting (BAR)

  • Information Systems and Controls (ICS)

  • Tax Compliance and Planning (TCP)

ACCA

The test format for an ACCA exam spans three uniquely designed levels encompassing 13 individual tests outlined below.

Applied Knowledge Level

  • Business and Technology (BT)

  • Management Accounting (MA)

  • Financial Accounting (FA)

Applied Skills Level

  • Corporate and Business Law (LW)

  • Performance Management (PM) 

  • Taxation 

  • Financial Reporting 

  • Financial Management 

  • Assurance and Audit

Strategic Professional Level

Compulsory Subjects

  • Strategic Business Leader 

  • Strategic Business Reporting 

Optional Subjects 

  • Advanced Financial Management (AFM)

  • Advanced Performance Management (APM)

  • Advanced Taxation (ATX)

  • Advanced Audit and Assurance (AAA)

Course Duration

Approximately six to nine months is required to complete the US CMA course, whereas the duration is 12 months for CPA. And for ACCA, it is 24 months. All these courses take this much time to complete with competitive training centres like NorthStar Academy.

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Cost

US CMA

For professionals-

  • CMA Entrance fee- $300

  • CMA Exam fee- $495 per part

  • Membership- $295

For students- 

  • CMA Entrance fee- $225

  • CMA Exam fee- $370 per part

  • Student Membership- $49

  • Academic Membership- $160

(Membership fees are exclusive of processing and maintenance fees.)

US CPA

The US CPA cost can be broken down as follows- 

  • Education and Evaluation Application fees- $90 -$150

  • Examination Application fees- $1100- 1500

  • CPA Exam Retake fee- $50-$200

  • CPA Review Course- $1,000-$4,000

ACCA

  • Exam fee for Applied Knowledge level exams- Â=£70 per exam
  • Exam fee for Applied Skills level exams- £134 per exam
  • Exam fee for Strategic Professional level exams- £238 for SBL and £170 per exam for remaining subjects

Job Opportunities for your Career Path 

This comprehensive CMA USA vs CPA vs ACCA guide demonstrates a common trait between the three programmes; they all open up international work opportunities. With any one of these prestigious qualifications under your belt, job prospects in top-tier organisations such as the Big 4 or other influential multinational corporations are attainable. Herein below are some commonly acquired roles with these certifications:

US CMA

  • Budget Analyst

  • Cost Controller

  • Cost Accountant

  • Financial Analyst

  • Staff Accountant

  • Treasurer

  • Chief Financial Officer

  • Internal auditor

US CPA

  • Internal Auditor

  • Public Accountant

  • Finance Manager

  • Finance Analyst

  • Tax Analyst

  • Chief Financial Officer

ACCA

  • Finance Analyst

  • Tax Analyst

  • Finance Manager

  • Auditor

  • Forensic Reporter

  • Chief Financial Officer

Salary

Salary is another crucial differentiating factor in this CMA USA vs CPA vs ACCA guide. Although below is a brief look into the average salaries of each in the USA and India, it is essential to understand that they might vary based on several factors. These factors include experience level, designation, company, and country. 

US CMA

Entry-stage CMAs across India can expect salaries to fall somewhere between INR 4 LPA and INR 6.6 LPA, while those across America receive about $133k annually.

US CPA

US CPA's pay range varies on the basis of their job responsibility, practice location, expertise, and other variables.

ACCA

Individuals just starting their careers with ACCA credentials are reported to earn a range of INR 4 to 7 lakh per annum in India; however, in the United Kingdom, these professionals collect between £18,000 and £25,000 annually. 

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To Sum Up

When comparing CMA, ACCA, and CPA, consider what each offers for your career. ACCA is well-regarded worldwide for a broad accounting qualification, making it ideal if you aim for a global accounting career. CMA is more focused on management accounting and financial management, suited for those who want to specialize in these areas. CPA, primarily recognized in the U.S., is crucial for roles in accounting, auditing, and taxation within the U.S.

Each certification caters to different needs: ACCA for global accounting expertise, CMA for specialized management skills, and CPA for a strong U.S. accounting foundation. Choose based on whether you need international recognition, management accounting expertise, or a credential focused on U.S. accounting.

Standing out in the intense competitive era of the finance and accounting world has become much more challenging than ever. However, several globally recognised courses are available to assist you with building your dream career. The comprehensive CMA USA vs CPA vs ACCA guide will help you choose the most suitable one for yourself. Also, if you have chosen one of the courses and wish to start preparing for it, enrol in NorthStar Academy's expert training to learn from the God of Costing- M Irfat Sir and other qualified mentors. 

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Frequently Asked Questions

Should I choose CPA USA, ACCA or CMA USA?

All these certifications offer unique advantages and skill sets. Therefore, there is no universal winner or go-to choice. You must evaluate all the factors like duration, cost, eligibility, and exam to find the most suitable one for yourself. 

Who earns more CPA or CMA in the USA?

The salaries of both CPA and CMA are similar. However, one might earn more than the other based on the company they are working in and experience level. The salary range of a CPA is slightly higher than CMA. 

Who earns more, CPA or ACCA?

CPA salary ranges are significantly higher than ACCA. From entry-level to high experience level, CPAs at every level get a higher salary than ACCA. But, it also depends on the company they are working in. A mid-level ACCA working in one of the Big 4 might earn more than a mid-level CPA working in any other company.