According to a note in the JOA (Journal of Accountancy. 2011. AICPA, CIMA joint venture would offer new management accounting designation. Journal of Accountancy (May): 74-75.), the path to a new management accounting credential would vary depending on one's level of experience. AICPA voting members with three or more years of experience working in management accounting or financial management would qualify for an accelerated route to obtaining the designation. Nonvoting AICPA members would not be eligible to obtain the credential. The new designation is to be voted on separately in May by the CIMA and AICPA councils. If approved the joint venture would launch in 2012.
According to an article on the CIMA site the new designation was approved and will be called the Chartered Global Management Accountant. http://www.cimaglobal.com/en-gb/About-us/Press-office/Press-releases/2011/May-2011/cima-aicpa-joint-venture/
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