The Verifera Encyclopaedia — Careers edition

CIMA and the CGMA designation

✔ Verified by Verifera

The Chartered Institute of Management Accountants (CIMA) trains management accountants in business. Its CGMA (Chartered Global Management Accountant) designation is jointly awarded with the AICPA. CIMA is NOT a Recognised Supervisory/Qualifying Body, and CGMAs do not acquire statutory-audit rights.

The Chartered Institute of Management Accountants (CIMA) trains management accountants in business (letters ACMA / FCMA). Its headline designation is CGMA — Chartered Global Management Accountant, jointly awarded with the AICPA: the two bodies formed the Association of International Certified Professional Accountants in 2017. The verification point that matters: CIMA is not a Recognised Supervisory Body or Recognised Qualifying Body, and CGMAs do not acquire statutory-audit rights — so a CGMA is a strong management-accounting signal but is not an auditor. Conflating management-accounting membership with audit eligibility is exactly the mis-read a verification product must avoid.

Sources & verification

  • CGMA (Chartered Global Management Accountant) is jointly awarded by the AICPA and CIMA (together the Association of International Certified Professional Accountants); CIMA members are management accountants in business and CIMA is not a Recognised Supervisory/Qualifying Body, so CGMAs do not acquire statutory-audit rights — source, verified 2026-06-10

Verified reference information — not professional, medical, legal or careers advice. Regulations change; always check the cited primary source before relying on it.

★ Help others hire with confidence

Reviews on Trustpilot

Worked with Verifera as a candidate or employer? Your honest review helps the next person trust verified hiring.