The document discusses the Certified Management Accountant (CMA) program. It states that the CMA validates mastery of financial skills needed for strategic business advice. Research shows employers need teams with stronger competencies and there is a skills gap at all levels. The CMA exams are conducted worldwide and have a computer-based format. The exam has two parts that cover topics like financial reporting, planning, analysis, controls, and decision-making. Obtaining a CMA can expand career opportunities in fields like accounting, auditing, and financial analysis. It also typically leads to greater earning potential. Candidates can schedule exams over a 12-18 month period at testing centers globally. Passing the CMA is equivalent to
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What Is the CMA?
IMA’s certification for accountants and financial
professionals in business.
The CMA validates your mastery of financial planning,
analysis, control, and decision support– the critical
skills needed to be a valuable strategic advisor for
your organization.
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Why the CMA?
• The CMA is the certification
specifically designed for
accountants and financial
professionals in business
• If you are looking for an
advanced certification to
build your skills, résumé,
and earning potential
– the CMA is the right
choice
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Significant Research with Employers
• CFOs need to raise the competency of their
teams
• There exists a skills gap at all levels,
including the business analytical level
• Planning and analysis capabilities are
needed in organizations
• There is a challenge identifying
“advanced” or high potential finance and
accounting staff
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• CMA exams are conducted all over the world.
• Computer based exam.
• We have exam centers in Dubai & Abu Dhabi
CMA Exam Structure
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CMA Exam Structure
Part 1 – Financial Reporting, Planning, Performance and
Control
4 hours, 100 multiple-choice questions and two 30-minute
essay questions
A. External Financial Reporting Decisions (15%)
B. Planning, Budgeting and Forecasting (30%)
C. Performance Management (20%)
D. Cost Management (20%)
E. Internal Controls (15%)
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CMA Exam Structure
Part 2 – Financial Decision Making
4 hours, 100 multiple-choice questions and two 30-
minute essay questions
A. Financial Statement Analysis (25%)
B. Corporate Finance (20%)
C. Decision Analysis (20%)
D. Risk Management (10%)
E. Investment Decisions (15%)
F. Professional Ethics (10%)
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Who Is the CMA For?
• Students
• Lecturers
• Accountants
• Auditors
• Financial Analysts etc,.
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Why the CMA?
• CMA certification can expand your career
opportunities
• Organizations of all types and sizes seek professionals
with critical accounting and financial management
skills
• Multinational Corporations
• Private Firms
• Academic Institutions
• Not-for-Profit Organizations
• Government Organizations
• Enjoy greater earning power
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Exam Testing
• Exam administered at hundreds of computer testing facilities
worldwide
• Three exam testing windows offered each year
• January and February
• May and June
• September and October
• Candidates schedule exams at their own pace
• Part 1 and Part 2 can be taken in any order
• Earn the CMA in 12 months or over a three-year period
• You must register for an exam part within the first 12
months of entering the program
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Can I get the ICWA, when I pass both parts of CMA?
• When you pass CMA exams from India, your
qualification will be considered equivalent to
ICWA, India.
• If you pass CMA exams from any where outside
India, you will get dual certification of CMA (US)
+ICWA, India.
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What is the importance of CMA (US) for all?
• CMAs will get 7 papers exemptions from ACCA(U.K)
• You just have to write only 7 out of total of 14
papers to become a Chartered Accountant
•
• The Association of Chartered Certified Accountants
(ACCA) is the global professional accounting body
offering the Chartered Certified Accountant
qualification (ACCA)