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Certified Management Accountant CMA Part 1: Financial Planning, Performance, & Analytic

Course Overview

The Certified Management Accountant (CMA) certification portrays one’s expertise in the field of management accounting and its guidelines. It enables managers with the competency of enhancing the company’s execution.

It is an advanced professional certification that demonstrates crucial financial and accounting management skills that are required by current versatile organizations and therefore opens the pathway towards multiple career opportunities.

Part 1 of the CMA certification is focused on costing and management accounting. Although it starts from external financial reporting, however, 4 out of 6 topical sections are focused on costing or management accounting areas. It also gives you a nice little flavor of internal controls too.

Prerequisites

In addition to joining IMA, you will need to enroll in the CMA program. Joining this program will require you to pay an enrollment fee (based on your membership type) to the ICMA. Aside from writing the CMA exam, the ICMA grades the exam, generates your score reports, notifies your employer once you’ve completed the program (if requested), and provides you with a personalized, numbered certification upon the completion of the program.

After you join the CMA program, you will have three years to complete both parts of the CMA exam. If you do not complete the CMA exam, you will need to enroll in the CMA program and pay the fee again.

Benefits
  • Globally recognized certification
  • Higher Income
  • Real-world skills for management decision-making
  • Commitment to ethics and professionalism
Exam Format

Each part has 3 hours 100 multiple choice questions and two 30-minute essay questions (4 hours in total)

Exam Syllabus
  • External Financial Reporting Decisions: 15%
  • Planning, Budgeting, and Forecasting: 20%
  • Performance Management: 20%
  • Cost Management: 15%
  • Internal Controls: 15%
  • Technology and Analytics: 15%
Exam Test Windows
  • January/February
  • May/June
  • September/October
Exam Results

CMA will email the results to you six weeks from the end of the month in which you’ve taken your test.

Training Method

Our CMA training program prepares students for both parts of the CMA exam through a series of comprehensive preparation classes as well as revision.

Training Details
  • Training Dates: TBA (2 months)
  • Training Days: 2 days/week
  • Training Timing: 5:00 PM-9:00 PM
  • Training Language: 50% English 50% Arabic
  • Material Language: English
  • Training Venue: In house or 5 Star hotel
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