About The CMA Course

The Certified Management Accountant (CMA) certification is a professional credential offered by the Institute of Management Accountants (IMA) in the United States. The CMA certification is designed to validate the knowledge and expertise of professionals in management accounting and financial management. CMAs are skilled in strategic planning, financial analysis, risk management, performance management, and decision-making.

Why To Choose CMA

Ethical Standards
Professional Networking
Competitive Advantage
Continuous Learning and Professional Development
Specialization in Management Accounting
Career Advancement
Global Recognition
Specialization

CMA Course Eligibility

-Hold a bachelor’s degree from an accredited institution or a professional certification or degree from an approved program.

-Have two years of continuous professional experience in management accounting or financial management. This requirement can be fulfilled before or within seven years of passing the exam.

-Maintain an active membership with the Institute of Management Accountants (IMA).

CMA Syllabus

Part 1: Financial Planning, Performance, and Analytics

  1. External Financial Reporting Decisions

    • Financial Statements
    • Recognition, Measurement, Valuation, and Disclosure

  2. Planning, Budgeting, and Forecasting

    • Strategic Planning Process
    • Budgeting Concepts
    • Forecasting Techniques

  3. Performance Management

    • Cost and Variance Measures
    • Performance Measures
    • Behavioral Issues

  4. Cost Management

    • Cost Concepts
    • Cost Accumulation Systems
    • Cost Allocation Techniques

  5. Internal Controls

    • Governance, Risk, and Compliance
    • Internal Control Frameworks
    • Internal Control Environment
Part 2: Strategic Financial Management

  1. Financial Statement Analysis

    • Financial Ratios
    • Trend Analysis
    • Interpretation of Financial Statements

  2. Corporate Finance

    • Risk and Return
    • Capital Structure
    • Dividend Policy

  3. Decision Analysis

    • Cost-Volume-Profit Analysis
    • Pricing Strategies
    • Make vs. Buy Decisions

  4. Risk Management

    • Enterprise Risk Management
    • Types of Risk
    • Risk Mitigation Techniques

  5. Investment Decisions

    • Capital Budgeting
    • Capital Investment Decisions
    • Risk Analysis in Capital Investment

  6. Professional Ethics

    • Ethical Considerations for Management Accountants
    • IMA’s Statement of Ethical Professional Practice