CMA Course

The CMA Certified Management Accountant is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.

The CMA is tailor made for accounting and finance professionals at all levels, whether you want to enhance your value to your current organization or expand your career potential.

Earning the CMA will make you part of a network of over 30,000 credentialed peers worldwide

CMA Course

• Accredited Organizition

For more than 90 years, IMA has been a champion of—and resource for—the financial management and accounting profession.

The organization was founded in Buffalo, N.Y., in 1919 as the National Association of Cost Accountants NACA to promote knowledge and professionalism among cost accountants and foster a wider understanding of the role of cost accounting in management.

Our name was later changed to the National Association of Accountants NAA.

In 1991, the organization name was again changed to the Institute of Management Accountants IMA, signifying our broader role as the association for accountants and financial professionals working inside organizations, and now we are known by the shorthand—IMA.

Program Topics

(Part 1) Financial Planning, Performance And Control:

• External Financial Reporting Decisions (15%)
• Planning, Budgeting and Forecasting (30%)
• Performance Management (20%)
• Cost Management (20%)
• Internal Control (15%)

(Part 2) Financial Decision Making:

• Financial Statement Analysis (25%)
• Corporate Finance (20%)
• Decision Analysis (20%)
• Risk Management (10%)
• Investment Decisions (15%)
• Professional Ethics (10%)

Target Audience

• The CMA certificates are ideal for individuals who work in the areas of accounting, financial analysis, finance or management.
• The syllabus of the exam is practically based and almost all of the topics on the exam are relevant to the work that is performed by accountants.
• Additionally, the broad accounting and costing base in the certificate is ideal for managers and others in positions of responsibility.

Program Objectives

• Establish management accounting as a recognized profession by identifying the role of the management accountant and financial manager, the underlying body of knowledge, and course of study by which such know-ledge is acquired.
• Encourage higher educational standards in the management accounting field. Establish an objective measure of an individual’s knowledge and competence in the field of management accounting.

Why Campus

• Following up/guiding the participant until he/she passes for the CMA Certification Examination.
• 140 credit hours.
• Certified and Professional Instructors.
• Free Material + Questions.
• Free Revision for each Section.
• Free Quiz after each Section.
• Exam simulation (Assessment) with performance report.
• Re-attending the course when needed without any charge.
• Catering Services.
• Certificate of attendance from CAMPUS.

Program Certification

A Certificate of attendance from Campus qualifies you for the adoption of the American Institute of Management Accountants – IMA – after passing the exam

Outlines

(Part 1) Financial Planning, Performance and Control:

A.  External Financial Reporting Decisions (15% – Levels A, B, and C)

Financial Statements

• Balance sheet
• Income statement
• Statement of changes in equity
• Statement of cash flows

Recognition, Measurement, Valuation, And Disclosure

• Asset valuation
• Valuation of liabilities
• Equity transactions
• Revenue recognition
• Income measurement
• Major differences between U.S.  GAAP and IFRS

B.  Planning, Budgeting And Forecasting (30% – Levels A, B, and C)

Strategic Planning

• Analysis of external and internal factors affecting strategy
• Long-term mission and goals
• Alignment of tactics with long-term strategic goals
• Strategic planning models and analytical techniques
• Characteristics of successful strategic planning process

Budgeting Concepts

• Operations and performance goals
• Characteristics of a successful budget process
• Resource allocation
• Other budgeting concepts

Forecasting Techniques

• Regression analysis
• Learning curve analysis
• Expected value

Budgeting Methodologies 

• Annual business plans (master budgets)
• Project budgeting
• Activity-based budgeting
• Zero-based budgeting
• Continuous (rolling) budgets
• Flexible budgeting

Annual Profit Plan And Supporting Schedules

• Operational budgets
• Financial budgets
• Capital budgets

Top-level Planning And Analysis

• Pro forma income
• Financial statement projections
• Cash flow projections

Performance Management (20% – Levels A, B, and C)

Cost And Variance Measures

• Comparison of actual to planned results
• Use of flexible budgets to analyze performance
• Management by exception
• Use of standard cost systems
• Analysis of variation from standard cost expectations

Responsibility Centers And Reporting Segments

• Types of responsibility centers
• Transfer pricing models
• Reporting of organizational segments

Performance Measures

• Product profitability analysis
• Business unit profitability analysis
• Customer profitability analysis
• Return on investment
• Residual income
• Investment base issues
• Key performance indicators (KPIs)
• Balanced scorecard

Cost Management (20% – Levels A, B, and C)

Measurement Concepts

• Cost behavior and cost objects
• Actual and normal costs
• Standard costs
• Absorption (full) costing
•  Variable (direct) costing
• Joint and by-product costing

Costing Systems

• Job order costing
• Process costing
• Activity-based costing
• Life-cycle costing

Overhead Costs

• Fixed and variable overhead expenses
• Plant-wide versus departmental overhead
• Determination of allocation base
• Allocation of service department costs

Supply Chain Management

• Lean manufacturing
• Enterprise resource planning (ERP)
• Theory of constraints and throughput costing
• Capacity management and analysis

Business Process Improvement

• Value chain analysis
• Value-added concepts
• Process analysis
• Activity-based management
• Continuous improvement concepts
• Best practice analysis
• Cost of quality analysis
• Efficient accounting processes

Internal Controls (15% – Levels A, B, and C)

Governance, Risk, And Compliance

• Internal control structure and management philosophy
• Internal control policies for safeguarding and assurance
• Internal control risk
• Corporate governance
• External audit requirements

Internal Auditing

• Responsibility and authority of the internal audit function
• Types of audits conducted by internal auditors

Systems Controls And Security Measures

• General accounting system controls
• Application and transaction controls
• Network controls
• Backup controls
• Business continuity planning

(Part 2) Financial Decision Making:

Financial Statement Analysis (25% – Levels A, B, and C)

Basic Financial Statement Analysis

• Common size financial statements
• Common base year financial statements

Financial Ratios

• Liquidity
• Leverage
• Activity
• Profitability
• Market

Profitability Analysis

• Income measurement analysis
• Revenue analysis
• Cost of sales analysis
• Expense analysis
• Variation analysis

Special Issues

• Impact of foreign operations
• Effects of changing prices and inflation
• Off-balance sheet financing
• Impact of changes in accounting treatment
• Accounting and economic concepts of value and income
• Earnings quality

Corporate Finance (20% – Levels A, B, and C)

Risk And Return

• Calculating return
• Types of risk
• Relationship between risk and return

Long-term Financial Management

• Term structure of interest rates
• Types of financial instruments
• Cost of capital
• Valuation of financial instruments

Raising Capital

• Financial markets and regulation
• Market efficiency
• Financial institutions
• Initial and secondary public offerings
• Dividend policy and share repurchases
• Lease financing

Working Capital Management

• Working capital terminology
• Cash management
• Marketable securities management
• Accounts receivable management
• Inventory management
• Types of short-term credit
• Short-term credit management

Corporate Restructuring

• Mergers and acquisitions
• Bankruptcy
• Other forms of restructuring

International Finance

• Fixed, flexible, and floating exchange rates
• Managing transaction exposure
• Financing international trade
• Tax implications of transfer pricing

Decision Analysis (20% – Levels A, B, and C)

Cost/Volume/Profit Analysis

• Breakeven analysis
• Profit performance and alternative operating levels
• Analysis of multiple products

Marginal Analysis

• Sunk costs, opportunity costs and other related concepts
• Marginal costs and marginal revenue
• Special orders and pricing
• Make versus buy
• Sell or process further
• Add or drop a segment
• Capacity considerations

Pricing

• Pricing methodologies
• Target costing
• Elasticity of demand
• Product life cycle considerations
• Market structure considerations

Risk Management (10% – Levels A, B, and C)

Enterprise Risk

• Types of risk
• Risk identification and assessment
• Risk mitigation strategies
• Managing risk

Investment Decisions (15% – Levels A, B, and C)

Capital Budgeting Process

• Stages of capital budgeting
• Incremental cash flows
• Income tax considerations

Discounted Cash Flow Analysis

• Net present value
• Internal rate of return
• Comparison of NPV and IRR

Payback And Discounted Payback

• Uses of payback method
• Limitations of payback method
• Discounted payback

Risk Analysis In Capital Investment

• Sensitivity and scenario analysis
• Real options

Professional Ethics (10% – Levels A, B, and C)

Ethical Considerations For Management Accounting And Financial Management Professionals

• IMA’s “Statement of Ethical Professional Practice”
• Fraud triangle
• Evaluation and resolution of ethical issues

Ethical Considerations For The Organization

• IMA’s Statement on Management Accounting, “Values and Ethics: From Inception to Practice”
• U.S. Foreign Corrupt Practices Act
• Corporate responsibility for ethical conduct

Fees/Tuition

For the latest offers & Payment facilities, Please Call now.

• Duration/Schedule

140 Credit Hours

• One Lecture per week ( 5 Months ).
• Two Lectures per week ( 2.5 Months ).

Instructors/Lecturers

In campus Education institute, all our instructors are certified instructors and they are professional and experienced in delivering this program, all the instructors have Multinational experience in order to ensure delivering the real life and work experience along with the academic Knowledge.

CMA Course

Speaking Languages: ( English / Arabic ).

Exam Details

The Certified Management Accountant CMA exam is a series of two exams developed by the Institute of Management Accountants (IMA), it is necessary to pass both exams to become certified