CMA - The Professionals

Certified Management Accountant CMA

Description:

The Certified Management Accountant (CMA) is a globally recognized certificate that supports management accounting and finance professionals who drive business performance inside organizations. The CMA program is an advanced-level curriculum requiring candidates to demonstrate knowledge of accounting, finance, and related fields.

Candidates:

Possess advanced financial and strategic management competencies
Lead, manage, and make decisions in management accounting and financial management
Trusted partners to executives in all areas of an organization
Evaluate performance and make strategic decisions
Understand the business formula for delivering value to customers

Components:

Part 1: Financial Planning, Performance, and Analytics

15% External Financial Reporting Decisions
20% Planning, Budgeting, and Forecasting
20% Performance Management
15% Cost Management
15% Internal Controls
15% Technology and Analytics

Part 2: Strategic Financial Management

20% Financial Statement Analysis
20% Corporate Finance
25% Business Decision Analysis
10% Enterprise Risk Management
10% Capital Investment Decisions
15% Professional Ethics

Exam:

The CMA exam is designed to develop and measure critical thinking and decision-making skills. All exams are computer-based with multiple-choice and essay questions.

Financial Planning, Performance, and Analytics:: Four hours – 100 multiple-choice and two essay questions

Strategic Financial Management:: Four hours – 100 multiple-choice and two essay questions

Windows:

The exam is offered in January and February, May and June, September and October. Scores are released approximately six weeks after the testing month.

Venue:

The exam is available at certified testing centers worldwide.

Prerequisite:

Bachelor degree in any area from an accredited college or University.

References:

The Institute of Management Accountants (IMA) is the world’s leading organization dedicated to empowering management accounting and finance professionals to boost business performance. IMA administers the CMA program, curriculum, exams and grading. Register for the exam online by visiting www.imanet.org.

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CMA Certificate