With the growth of Artificial Intelligence and Robotics, some job functions performed by management accounting and finance professionals will become fully automated. The routine rules-based tasks, in particular, will no longer be performed by humans. The threats that come from the loss of job responsibilities, however, also provide opportunities, but only for those with the right skill set. The ever-expanding level of data collection, combined with the processing abilities of AI will generate exponentially more analysis. CMAs can use their strong analytical and business insight skills to leverage this data and create value for their organizations.
The CMA program's focus on planning, analysis, and decision support aligns closely with the skills management accounting and finance professionals will need in the future. The exam covers forecasting techniques such as regression analysis, expected value, sensitivity analysis, and modeling. And the exam also covers the more traditional descriptive and diagnostic analytics such as financial ratios and variance analysis. In addition, the CMA focus on higher level cognitive skills such as critical thinking, synthesis, and evaluation, is exactly what is required for the strategic mindset that will become even more important in the future. As the profession changes, the CMA exam will evolve to include the skills most relevant to the profession.
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Christine Purelis
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Original Message:
Sent: 12-26-2017 03:34 PM
From: Adebola Adelaja
Subject: The CMA could give you a competitive advantage
Hi Christine,
Could you please expatiate on the subject as it relates to the predicted job loss due to increasing automation? How exactly is the CMA certification supposed to mitigate that for holders?
Thank you,
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Adebola Adelaja
Colorado Springs CO
United States
Original Message:
Sent: 12-16-2017 04:15 PM
From: Christine Purelis
Subject: The CMA could give you a competitive advantage
According to a new report by Mckinsey Global Institute, automation could destroy as many as 73 million U.S. jobs by 2030. Economic growth, rising productivity and other factors could balance the losses. The #CMA certification could give you a competitive advantage. Learn more: Automation could kill 73 million U.S. jobs by 2030
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| | Automation could kill 73 million U.S. jobs by 2030 | | CLOSE Automation could destroy as many as 73 million U.S. jobs by 2030, but economic growth, rising productivity and other forces could more than offset the losses, according to a new report by McKinsey Global Institute. "The dire predictions that robots are going to take our jobs are overstated," says Susan Lund, the group's director of research and co-author of the study. | | View this on USA TODAY > |
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https://usat.ly/2zPoZN3
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Christine Purelis
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