Welcome Detour towards MyCMA

I was a dreamer living in a province who went to the city to fulfill my dream of becoming a CPA. I remember the long bus ride I took on the way to the city, leaving my safe place, entering a big city, ready to face every challenge that life would bring as I take up the road to achieve my goal.

I took up BS Accountancy (BSA) at the University of Santo Tomas, but got transferred to BS Management Accounting (BSMA) as a result of not being able to make it through the retention examination that our college conducted. While some people took this as a failure, I took it as an opportunity to stand up and continue on with the battle. I viewed it as a detour from reaching my goal. So while I am in this route, why not make the most out of it?

I learned about the Certified Management Accountant (CMA) Certification – a three-letter professional certification title that I can attach to my name, a three-letter title that can prove my competence in finance and accounting, a three-letter title that serves as the door that opened when the other one closed. Reading the benefits of becoming a CMA made it hard for me not to want to take it up, even though pursuing it requires significant investment.

During my last year in college, Insights Financial Review Services, the official review center for CMA examination, offered our batch a discounted package for the CMA program and those who were interested had to start immediately. I wanted to take the offer but I preferred to take one step at a time. I messaged Insights and asked about taking the examination after college but still being able to take advantage of the student discount. They were kind enough to address my concern.

I started reviewing for the CMA Examination after graduation. I decided to take the rigorous two-part exam in different testing windows in order for me to focus on each exam part one at a time.

Studying for the exam was not that easy. There were times when I asked myself if I could really do it. There were times when I get intimidated by how difficult the practice exam questions were. I was so afraid that I might fail. But my determination to become a CMA was a lot stronger than my fear. I wanted it so bad, and that was enough to have kept me going. I had to keep moving, because dreams do not come true with magic. Dreams are achieved through hard work, perseverance, focus, and discipline.

Sure enough, I was able to pass the two-part exam in one take.  I am now a proud certified member of the Institute of Management Accountants, the top global association of accountants and finance professionals in business.

 

About the Author: Angela Bianca T. Mamauag, CMA, is a Bachelor of Science in Management Accounting graduate at the University of Santo Tomas last June, 2016. She is currently pursuing a second course in Accountancy as she aspires to complete what she has started.

Threading the Unknown, for the Better!

Few years ago, I remember our instructor told us to write our goals for the next 2-3 years in a small sheet of paper. I wrote all my goals as if I am going to attain those no matter what happens and I believe all the rest did the same. As we are about to pass our ambitious paper, I became curious on what my seatmate wrote on her paper and I asked her if we could exchange our papers and see each other’s goals. She excitingly gave her paper as if that paper has the most ambitious goal. As I read her paper, I was amazed with her goals: “I want to have a twitter account and Instagram account”. So as I was about to return her paper, She rigorously questioned my goals, and asked “Are you serious with your goals? It should be realistic!” In my mind, well, it’s realistic for me! I just smiled and passed my paper to our teacher.

Passing the CPA boards was the only aim I had in mind at that time. It already felt like it was a treacherous mountain that is hard to climb. My mind was fixed on that goal alone.

One day, I met Mr Angel V. Secerio, the IMA-Philippines President. He presented to me an international accounting credential that I couldn’t even imagine of achieving. My dreams were so small at that time that I reluctantly refused his offer of assistance. I can’t see myself taking that prestigious credential. But he stretched my mind and articulated the principle “Think big, aim high”. My mind got transformed and I began to prepare to take two (2) certification examinations, in the same year and in the same month (Oct. 2016).

I found it extremely helpful to have someone to look up to as I search for my own success path. This mentor changed the way I think about life, imparting to me lessons that are beyond the four corners of academic boundaries.

The path I chose was a road less traveled. It was never easy; I sometimes had doubts and constantly questioned myself during those times: Why am I doing this, when I could have just reviewed for the CPA boards and focus on that alone? I thought I placed myself in unnecessary greater risk. Negativity popped in my head: What if I would fail the two exams because my mind was divided? But there’s nothing I can do at that time but to take the dare. Months have passed, prepared myself twice as hard but I still felt I was not ready, I was afraid. But fears must be faced and I already worked really hard for it.

Back to the story, 2-3 years came to pass. I believe my former classmate I alluded to at the start of my story also managed to achieve her goals, and so are my “idealistic” goals. By God’s abundant grace alone, I passed the Certified Public Accountant Board examination and ultimately the 2-part Certified Management Accountant international examination in the same year.

We can achieve the goals that we aspire for. The only things that would differ us are the size of our dreams, the desire to pursue and believing that we are equipped with sufficient skills to achieve them in God’s wonderful time. The author of life revealed this truth to us when he said in the book of Mark “Therefore I tell you, whatever you ask for in prayer, believe that you have received it, and it will be yours.”

From this journey, there are two notions I started to live by: (1) Be the person who would always see things beyond trials and failure, and (2) Make things happen.

Sometimes we only need someone to believe in us when we can’t even believe in ourselves. And I am telling you, if I can do it, so can you… Yes, much more than that!

 

About the Author: Marko Patino Alejandro, CPA, CMA, is a Bachelor of Science in Accountancy graduate of Ateneo de Zamboanga University last March, 2016. He currently works as an audit associate in one of the Big 4 auditing firms in the Philippines.