Overview of CMA Part One

                                                    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,...

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Overview of CMA Part Two

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...

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Glossary of Management Accounting

Glossary of Management Accounting


 

Abnormal Spoilage

Unacceptable units that are not expected to occur under an efficient production process.

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CMA Fast Track materials – Part One

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Review 2020

CMA

FAST TRACK

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Chapter 1:

                     Overview of CMA certification 

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Chapter 2

                     Financial reporting: between user and types

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CMA Exam structure for 2020

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%