CMA(USA) Course Information

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    Soekarno

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    • Qualification: CMA, MBA, M.Com, APA, CPA
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The CMA(USA) is a globally recognized, advanced-level credential appropriate for accountants and financial professionals in the business. Achieving the CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – skills that are in demand by organizations around the world. Whether you want to enhance the value you bring to your current position, or expand your career potential, the CMA will help you set the standard for professional excellence.

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    Certified Management Accountants CMA(USA) CMA Program "Knowledge is Power
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    Certified Management Accountants CMA(USA) Stands for Certified Management Accountant -A certification awarded by IMA USA (Institute of Management Accountants - USA) www.imanet.org The CMA is the globally recognized, advanced-level credential appropriate for accountants and financial professionals in business. Achieving the CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics — skills that are in demand by organizations around the world. Whether you want to enhance the value you bring to your current position, or expand your career potential, the CMA will help you set the standard for professional excellence.
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    Certified Management Accountants CMA(USA) To Become a To earn the CMA, you need to meet the following requirements: o Maintain membership in IMA. If you aren't already a member, join IMA now. o Hold a bachelor' s degree from an accredited college or university or an equivalent degree as determined by an independent evaluation agency). o Two continuous years of professional experience in management accounting or financial management. o Entrance into the CMA program o Complete and pass Parts 1 and 2 of the CMA exam. o Abide by The IMA 's Statement of Ethical Professional Practice.
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    Certified Management Accountants CMA(USA) Course of Study Part-I Financial Planning, Performance & Control Part-Il Financial Decision Making
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    Certified Management Accountants CMA(USA) Exam Format (Computer Based Exam) Passing Scale (0-99) — 70% Part-I Time Duration of Exam - 3 hours exam for MCQs & 1 hour for Essay Questions 100 Multiple Choice Questions & 2 Essay Questions Part-I Time Duration of Exam - 3 hours exam for MCQs & 1 hour for Essay Questions 100 Multiple Choice Questions & 2 Essay Questions
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    Certified Management Accountants Jan-Feb CMA(USA) Exam Windows Sept- May-June October Note- You can sit in any window, any date of your choice
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    Certified Management Accountants CMA(USA) Contents- Patt I Financial Planningu Penfotrnance Control This Part covers knowledge of general business environment and business concepts that candidates need to know in order to understand the underlying business reasons for and accounting implications of business transactions, analysis, decision making, budgeting & forecasting and other managerial functions needed to apply in the organization. • External Financial Statements & Revenue Recognition • Measurement, Valuation & Disclosure — Investments & Short Term Items • Measurement, Valuation & Disclosure — Long Term Items • Cost Management Concepts • Cost Accumulation Systems Cost Allocation Techniques • Operational Efficiency and Business Process Performance • Analysis & Forecasting Techniques • Budgeting — Concepts, Methodologies and Preparation • Cost & Variance Measures • Responsibility Accounting and Performance Measures • Internal Controls — Risk & Procedures for Control • Internal Control — Internal Auditing & Systems Controls
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    Certified Management Accountants CMA(USA) Contents (Outline)- Part I Ethics for Management Accountants & Cost Management Concepts ' Ethics for Management Accountants • Cost Management Terminology • Cost Behavior & Relevant Range • Cost of Goods Calculations • Cost Classification • Costing Techniques • Core Concepts Cost Accumulation Systems ' Job Order Costing • Process Costing • Activity Based Costing • Life Cycle Costing • Core Concepts
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    Certified Management Accountants CMA(USA) Contents I Cost Allocation Techniques ' Absorption & Variable Costing — Theory • Absorption & Variable Costing — Calculations • Joint Product and By-Product Costing • Overhead Allocation and Normal Costing — Theory • Overhead Allocation and Normal Costing — Calculations • Allocating Service Department Costs — Theory • Allocating Service Department Costs — Calculations Operational Efficiency and Business Process Performance • Just-in-Time Inventory & Lean Operations Material Requirements Planning & Outsourcing • Theory of Constraints and Throughput Costing • Capacity Management • Value Chain Analysis Other Process Improvement Tools
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    Certified Management Accountants CMA(USA) Contents I Budgeting Concepts & Forecasting Techniques ' Roles of Budgets • The Budgeting Process • Budgeting & Standard Costs • Correlation & Regression • Learning Curve Analysis • Time Series Analysis • Expected Value • Sensitivity Analysis Budgeting Methodologies & Budget Preparation • The Master Budget Process • Budget Methodologies • Static & Flexible Budgeting • Selecting the Budget Methodology • Overview of Master Budget Preparation • Operating Budget Calculations — Production & Direct Materials • Operating Budget Calculations — Others • Projecting Cash Collections • The Cash Budget • Pro Forma Financial Statements
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    Certified Management Accountants CMA(USA) Contents I Cost & Variance Measures ' Variance Analysis Overview • Static & Flexible Budgeting Direct Materials Variances • Direct Labour Variances • Mix & Yield Variances Overhead Variances • Comprehensive Example Sales Variances Responsibility Accounting and Performance Measures • Responsibility Centers • Performance Measures — Cost, Revenue and Profit Centers • Performance Measures — Investment Centers Comparing Performance Measures for Investment Centers Allocating Common Costs • Transfer Pricing — Details • Transfer Pricing — Selection • The Balanced Score Card
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    Certified Management Accountants CMA(USA) Contents I Internal Controls — Risk & Procedures for Control ' Risk & The Control Environment • Control Procedures • Legal Aspects of Internal Control Internal Controls — Internal Auditing & Systems Controls • Internal Auditing • Systems Controls • Security Measures
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    Certified Management Accountants CMA(USA) Contents- Patt Il Financial Decision [Vläktng This Part covers knowledge of basic financial decision making techniques and in- depth knowledge of these tools. After getting this knowledge, you will be able to take part in Financial Decision Making in your organization. The concepts will help to understand how to analyze the financial data and financial statements of the organization which helps in improving the overall efficiency of the organization. • Ethics for the Management Accountants • Ratio Analysis • Profitability Analysis and Analytical Issues • Investment Risk & Portfolio Management • Financial Instruments & Cost of Capital • Managing Current Assets • Raising Capital, Corporate Restructuring and International Finance • CVP Analysis and Marginal Analysis • Decision Analysis and Risk Management • Investment Decisions
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    Certified Management Accountants CMA(USA) Contents (Outline)- Part Il Ethics for The Organization and Basic Financial Statements ' Corporate Ethics and Legislation • Corporate Responsibility for Ethical Behaviour • Basic Financial Statement and their Users • Statement of Financial Position (Balance Sheet) • Statement of Income and Statement of Retained Earnings • Statement of Cash Flows — Contents • Statement of Cash Flows — Calculations • Common Size Financial Statements Ratio Analysis ' Liquidity Ratios - Calculations • Liquidity Ratios — Effects of Transactions • Activity Measures Solvency • Leverage
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    Certified Management Accountants CMA(USA) Contents (Outline)- Patt Il Profitability Analysis & Analytical Issues ' Profitability Ratios • Profitability Analysis Market Valuation Measures • Earnings Per Share (EPS) and Dividend Payout Ratios in General • Factors Affecting Reported Profitability Effects of Foreign Exchange Fluctuations Effects of Off-Balance-Sheet Financing • Effects of FRS Effects of Fair Value Accounting Investment Risk and Portfolio Management ' Risk & Return • Managing Financial Risk
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    Certified Management Accountants CMA(USA) Contents (Outline)- Patt Il Financial Instruments and Cost of Capital ' Bonds • Equity • Corporate Stock Valuation Methods Derivatives Other Sources of Long Term Financing • Cost of Capital - Current • Cost of Capital — New Managing Current Assets ' Working Capital • Cash Management • Marketable Securities Management Receivables Management • Inventory Management Short Term Financing
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    Certified Management Accountants CMA(USA) Contents (Outline)- Patt Il Raising Capital, Corporate Restructuring and International Finance ' Financial Markets and Securities Offerings • Dividend Policy and Share Repurchase Mergers & Acquisition • Bankruptcy • Current Exchange Rates — Systems & Calculations • Current Exchange Rates — Factors affecting Rates and Risk Mitigation Techniques • International Trade CVP Analysis and Marginal Analysis ' Cost-Volume-Profit (CVP) Analysis - Theory CVP Analysis — Basic Calculations CVP Analysis — Target Income Calculations CVP Analysis — Multi-Product Calculations • Marginal Analysis Short-Run Profit Maximization
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    Certified Management Accountants CMA(USA) Contents (Outline)- Patt Il Decision Analysis and Risk Management ' Decision Making — Applying Marginal Analysis • Decision Making — Special Orders • Decision Making — Make or Buy • Decision Making — Other Situations • Price Elasticity of Demand • Pricing —Theory • Pricing — Calculations • Risk Management Investment Decisions ' The Capital Budgeting Process • Discounted Cash Flow Analysis • Payback & Discounted Payback • Ranking Investment Projects Comprehensive Examples of Investment Decisions • Risk Analysis and Real Options in Capital Investment

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