Passing U.S. Cma (Certified Management Accountant) Part 1

US. CMA, FMAA, CSCA Updated 2024, Financial Controller, CFO, Finance Professional, Future Business Leaders

What you'll learn

Ability to do financial and integrated reporting is to provide information that is useful in making decisions

Able to use financial information to forcast, set long-term and short term goals, monitor and manage costs

Able to determine whether performance standards are being met with respect to operational goals with application of technological advancement and analytics

Fully equipped US. CMA candidates with sufficient knowledge, tools, models, and concepts to pass the exam with ideal score.

Requirements

Foundational level of finance and accounting knowledge

Description

What Is a Certified Management Accountant (CMA)? Certified management accountant (CMA) is an accounting designation that signifies expertise in financial accounting and strategic management. The professionals who obtain this designation are colloquially known as CMAs and are qualified for a variety of roles ranging from financial controller to chief financial officer (CFO). It is also issued by the Institute of Management Accountants (IMA), builds on financial accounting proficiency by adding management skills that aid in making strategic business decisions based on financial data.The CMA Program consists of Two Exam Parts Covering 12 CompetenciesCMA Part 1: Financial Planning, Performance, and Analytics15% External Financial Reporting Decisions20% Planning, Budgeting, and Forecasting20% Performance Management15% Cost Management15% Internal Controls15% Technology and AnalyticsCMA Part 2: Strategic Financial Management20% Financial Statement Analysis20% Corporate Finance25% Decision Analysis10% Risk Management10% Investment Decisions15% Professional EthicsThe 12 subjects of the CMA Program are designed and built on the foundation of 12 necessary competencies for a professional Management Accountant to contribute to value creation and value protection for businesses. The course of Passing U.S. CMA (Certified Management Accountant) Part 1 on the online learning platform of Udemy will help students fully equip the necessary knowledge to participate and pass the exam with an ideal score (8.4/10).

Overview

Section 1: Introduction to CMA Program and Exam taking strategies

Lecture 1 IMA Institution

Lecture 2 CMA Program

Lecture 3 What is management Accounting?

Lecture 4 Management Accounting function in the company

Lecture 5 CMA Program - Learning Preparation

Lecture 6 Overview of Part 1 and Part 2 contents

Lecture 7 CMA Exam techniques for passing first attempt

Lecture 8 Introduction to Instructor for US. CMA Exam Prep. Course

Section 2: CMA.P1.A. External Financial Reporting Decisions 15%

Lecture 9 Introduction to Subject A. External Financial Reporting Decisions

Lecture 10 CMA.P1.A.1 Financial statements 1

Lecture 11 CMA.P1.A.1 Financial statements 2

Lecture 12 CMA.P1.A.1 Financial statements 3

Lecture 13 CMA.P1.A.1 Recognition, measurement, valuation, and disclosure 1

Lecture 14 CMA.P1.A.1 Recognition, measurement, valuation, and disclosure 2

Lecture 15 CMA.P1.A.1 Financial statements 0

Section 3: CMA.P1.B. Planning, Budgeting, and Forecasting 20%

Lecture 16 Introduction to Subject B. Planning, Budgeting, and Forecasting

Section 4: CMA.P1.C. Performance Management 20%

Lecture 17 Introduction to Subject C. Performance Management

Section 5: CMA.P1.D. Cost Management 15%

Lecture 18 Introduction to Subject D. Cost Management

Section 6: CMA.P1.E. Internal Controls 15%

Lecture 19 Introduction to Subject E. Internal Controls

Section 7: CMA.P1.F. Technology and Analytics 15%

Lecture 20 Introduction to Subject F. Technology and Analytics

CMA candidate, Management Accounting, Finance Professional, Future business leaders.