CMA Part 1 Section E. Internal Controls Not available to you...
CMA Part 1 F. Technology and Analytics Not available to you...
Part 1: Financial Planning, Performance, and Analytics A. External Financial Reporting Decisions: 15% Financial reporting is the disclosure of financial results and related information to management and external stakeholders (e.g., investors, customers,...
Part 2: Strategic Financial Management A. Financial Statement Analysis: 20% Financial statement analysis is the process of analyzing a company’s financial statements for decision-making purposes. The stakeholders use it to understand the overall health of an organization as well as to evaluate financial performance and business value. B. Corporate Finance: 20% Corporate finance deals with...
Glossary of Management Accounting
Abnormal Spoilage
Unacceptable units that are not expected to occur under an efficient production process.
Certified Management Accountant (CMA) exam has 2 parts: Part 1 and Part 2.
- Number of exam parts
- The CMA exam is still a two-part exam
- Question types on each part
- Multiple Choice Questions (MCQs) and Essay Scenarios
- Number of questions per part
- 100 MCQs
- 2 Essay Scenarios
CMA exam part 1 coverage breakdown
A. External Financial Reporting Decisions | 15% |
B. Planning, Budgeting, and Forecasting | 20% |
C. Performance Management | 20% |
D. Cost Management | 15% |
E. Internal Controls | 15% |
F. Technology and Analytics | 15% |
CMA exam part 2 coverage breakdown
A. Financial Statement Analysis | 20% |
B. Corporate Finance | 20% |
C. Decision Analysis | 25% |
D. Risk Management | 10% |
E. Investment Decisions | 10% |
F. Professional Ethics | 15% |