Financial Planning and administrative
How far will you go?
So you want to be a CMA?
With a CMA you could find yourself:
- Helping to launch a revolutionary video game
- Meeting a global sports icon
- Hanging out in the studio with pop stars
- Traveling the world. Or even changing the world
- Becoming a CFO at the age of 28
The value of the CMA
The CMA equips you with in-depth mastery of financial & business skills that put you in demand with employers .
- Delivers critical skills that businesses need
- Improves on professional competencies
- Adresses challenges of identifying top talent
- Bridges the gap between academia and industry
The CMA teaches you how to:
- Leverage financial data for strategic decision-making
- Budge and forecast for the long-term
- Manage working capital & analyze financing alternatives
- Evaluate capital investments and value acquisitions
- Appraise company performance in detail
- Identify and minimize risks
CMA Topic Guide
Part 1: Financial Reporting, Planning, Performance and Control
CMA 1A: External Financial Reporting Decisions (15%)
- Financial statements; Recognition, measurement, valuation, and disclosure.
CMA 1B: Planning, Budgeting and Forecasting (30%)
- Strategic planning; Budgeting concepts; Forecasting techniques; Budget methodologies; Annual profit plan and supporting schedules; Top-level planning and analysis.
CMA 1C: Performance Management (20%)
- Cost and variance measures; Responsibility centers and reporting segments; Performance measures.
CMA 1D: Cost Management (20%)
- Measurement concepts; Costing systems; Overhead costs; Supply Chain Management; Business process improvement.
CMA 1E: Internal Controls (15%)
- Governance, risk, and compliance; Internal auditing; Systems controls and security measures.
Part 2: Financial Decision Making
CMA 2A: Financial Statement Analysis (25%)
- Basic Financial Statement Analysis; Financial Ratios; Profitability Analysis; Special Issues.
CMA 2B: Corporate Finance (20%)
- Risk and Return; Long-term financial management; Raising Capital; Working capital management; Corporate restructuring; International finance.
CMA 2C: Decision Analysis (20%)
- Cost/Volume/Profit Analysis; Marginal Analysis; Pricing.
CMA 2D: Risk Management (10%)
- Enterprise risk
CMA 2E: Investment Decisions (15%)
- Capital budgeting process; Discounted cash flow analysis; Payback and discounted payback; Risk analysis in capital investment.
CMA 2F: Professional Ethics (10%)
- Ethical considerations for management accounting and financial management professionals; Ethical considerations for the organization.