VAT Specialist
Value Added Tax Specialist
Provided By
SOCPA
Institute Country
Saudi Arabia
Certification Origin Year
1972
Institute Origin Year
1919
Number of CMA Holders
100,000+ professionals worldwide
Global Recognition
Recognized in Saudi Arabia as a local Certificate
About VAT Specialist
The CMA is a globally recognized professional certification focused on management accounting, financial planning, analysis, control, decision support, and professional ethics.
The Certified Management Accountant (CMA) is a globally recognized professional certification designed for finance and accounting professionals who aim to move beyond traditional accounting into strategic management and leadership roles.
Unlike certifications that focus mainly on external reporting or auditing, the CMA emphasizes management accounting, financial planning, performance management, decision-making, and business strategy. CMA holders play a critical role in helping organizations plan, analyze, control costs, manage risks, and drive sustainable growth.
The certification is awarded by the Institute of Management Accountants (IMA), a leading global professional body established in 1919 in the United States. Since its launch in 1972, the CMA has become one of the most respected credentials for professionals working in corporate finance, manufacturing, services, technology, and multinational organizations.
Today, the CMA is recognized in over 150 countries and held by more than 100,000 professionals worldwide, making it a powerful credential for finance professionals seeking international mobility and senior leadership positions such as Finance Manager, Financial Controller, FP&A Manager, and Chief Financial Officer (CFO).
Be
in Demand
Employers, recruiters, and the leaders of your company know that CMAs don't just bring skills to the table, they bring strategies.
Earn
More
The IMA 2023 Salary Survey shows CMAs earn 21% more in median total compensation compared to non-CMAs.
Global Recognition
The CMA opens doors to exciting career opportunities, including high level positions at multinational corporations.
Powerful
Network
Becoming a CMA connects you to IMA’s global network of about 140,000 accounting and finance professionals.
By becoming a CMA Holder
Earning your certification validates your mastery of a comprehensive body of knowledge in accounting and financial management. Passing these rigorous exams is a prestigious accomplishment.
EXAM DETAILS
The Exam consists of Two Exam Parts Covering 12 Competencies, each is examined separately, the main topics and their exam weights are as follows,
CMA Part 1
Financial Planning, Performance, and Analytics
CMA Part 2
Strategic Financial Management
15% External Financial Reporting Decisions
20% Planning, Budgeting, and Forecasting
20% Performance Management
15% Cost Management
15% Internal Controls
15% Technology and Analytics
20% Financial Statement Analysis
20% Corporate Finance
25% Business Decision Analysis
10% Enterprise Risk Management
10% Capital Investment Decisions
15% Professional Ethics
EXAM WINDOWs
January and February
May – June
September – October
Register will close after the 15th of February
Register will close after the 15th of June
Register will close after the 15th of October
Results within six weeks from the end of the month in which you tested.
Those test on any day of
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Jan --> 12 - 15 of March
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Feb --> 12 - 15 of April
Results within six weeks from the end of the month in which you tested.
Those test on any day of
-
May --> 12 - 15 of July
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June --> 12 - 15 of Aug
Results within six weeks from the end of the month in which you tested.
Those test on any day of
-
Sep --> 12 - 15 of Oct
-
Oct --> 12 - 15 of Nov
CMA & IMA Fees
1. IMA Membership Fee (Registration Fee)
IMA membership is mandatory before registering for the CMA program.
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Membership must be active at all times
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Renewed annually
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Required for both exam registration and certification maintenance
The fees are different based of being a student or a professional
-
Professional Member Annual Fees USD 300
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Student / Academic Annual Fees USD 225
2. CMA Entrance Fee
A one-time fee paid when entering the CMA program.
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Non-refundable
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Starts the 3-year validity period to complete both exam parts
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If the 3 years expire, the entrance fee must be paid again
The fees are different based of being a student or a professional
-
Professionals entrance fee USD 495
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Student / Academic entrance fee USD 370
3. CMA Examination Fee (Per Part)
Paid separately for each exam part (Part 1 or Part 2).
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Paid before scheduling with Prometric
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Applies per attempt
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Missed or no-show exams result in fee forfeiture
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