Certified Management Accountant (CMA)-U.S.A
CMA is an American Certification awarded by the Institute of Management Accountants (IMA) U.S. IMA has Mutual recognition agreement with ICWA of India for 100% Exam Exemptions & with CGA Canada advanced entry level for CGA program.
Who can do CMA?
Anyone who has completed a Bachelorâ??s degree from an accredited college or university or pursuing his/her degree is eligible to sit for the CMA Exam.
What is the course structure?
The new CMA exam consists of two parts:
Part I Financial Reporting, Planning, Performance and Control
Part II Financial Decision Making
Topics Covered:
Part 1 Financial Reporting Planning, Performance and Control
(4 hours â?? 100 questions and 2 essay questions)
A. External Financial Reporting Decisions (15%) Levels A, B & C
B. Planning, Budgeting and Forecasting (30%) Levels A, B & C
C. Performance Management (20%) Levels A, B & C
D. Cost Management (20%) Levels A, B & C
E. Internal Controls (15%) Levels A, B & C
Part 2 Financial Decision Making
(4 hours â?? 100 questions and 2 essay questions)
A. Financial Statement Analysis (25%) Levels A, B & C
B. Corporate Finance (20%) Levels A, B & C
C. Decision Analysis and Risk Management (20%) Levels A, B & C
D. Risk Management (10%) Levels A, B & C
E. Investment Decisions (15%) Levels A, B & C
F. Professional Ethics (10%) Levels A, B & C
Who should attend
Any graduate with 2 years of experience.
Pre-requisites
Commerce, BE, B.Sc Accounting
(Non Commerce also admitted)
What you need to bring
CV and Degree Certificates
Key Takeaways
ICWA(now CMA) is Free completely as per MOU signed.
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