Tax Services

How far will you go?

So you want to be a CMA?

Exciting Career

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 .
The CMA:

  • Delivers critical skills that businesses need
  • Improves on professional competencies
  • Adresses challenges of identifying top talent
  • Bridges the gap between academia and industry

What do you learn

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.