The ICMA announced incremental changes to the CMA exams effective January 1, 2020, while maintaining existing fees, question numbers, and grading methods. Key updates include the introduction of new topics and sections in both CMA Part I and Part II, particularly emphasizing information systems and business ethics. Hock is preparing study materials for these changes, scheduled for release starting June 2020, and advises candidates to begin studying soon for successful exam preparation.

1. HOCK INTERNATIONAL-INDIA
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2. INTRODUCTION
In January 2019, the ICMA announced some changes to the CMA exams
effective January 1, 2020. These changes are incremental changes to the
exams ensuring that the CMA certification provides management accountants
with the skills needed in today’s workplace. The fees, number of questions,
time allowed, grading method, etc. are not changing, and any Parts passed
carry forward into 2020.
HOCK is preparing updates for the 2020 exams, and we will begin releasing
these materials in June so that candidates who are looking to take the exams
in 2020 can begin preparing. Remember, exams through October 31st, 2019,
will be tested using the current syllabus.

3. CHANGES IN CMA PART I
# New Section: Information Systems, Data Governance, and Data Analytics
(Section F)
# New Topic: Integrated Reporting (in Section A)
# Deleted Topic: Internal Auditing (Section E)
# Terminology Changes: Bad debts are now credit losses, and capital leases are
now financial leases
The new Section F will be 15% of the exam, and it represents the vast majority of
the changes for 2020

4. CHANGES IN CMA Part II
# New Topic: Business Ethics (Section F)
# Deleted Topics: Off-Balance Sheet Financing (Section A), Bankruptcy (Section B),
# Tax Implications of Transfer Pricing (Section B)
# Modified Topic: Ethical Considerations for the organization (Section F)
The deleted topics are minor topics, and the only major change is an overhaul of
Ethics in Section F.

5. HOCK’s RECOMMENDATIONS
If you start studying by the end of June, you still have enough time for the 4-
month study plan to take Part 1 or Part 2 in October. Passing Part 1 under the
current syllabus allows you to earn your certification without worrying about the
new Section F.
If your schedule does not allow you to take the exams by October, HOCK has
you covered with free updates, even when the syllabus changes. HOCK will be
releasing the updated materials for 2020 starting with the first Sections in each
Part that have fewer changes, rather than making you wait for the later Sections
to be completed.
Stay tuned for CMA 2020 materials announcement coming soon, and if you have
any questions about preparing for the exams in 2019 or 2020, please contact us
and we will be glad to help.