Certified Management Accountant(CMA)
From IMA Website:
"The Certified Management Accountant (CMA) credential is the advanced professional certification that delivers tangible value.
It demonstrates your command of the critical accounting and financial management skills demanded by today’s dynamic businesses, translating into significant career opportunities for you."
The first CMA exam was offered in 1972, and the program is celebrating 40 years as the gold standard certification for accountants and financial professionals in business. Find out why more than 30,000 professionals worldwide—and today’s top global employers in business—have valued this essential credential: "
CMA Requirements:
To become a certified CMA, candidates must satisfy one of the following education requirements and submit verification of education to ICMA.
- Bachelor’s Degree from an accredited college or university
- A partial listing of accredited International and US institutions is available at:
http://univ.cc/world.php
- Degrees that are not accredited must be evaluated by an independent agency. A listing of these agencies can be found at www.aice-eval.org or http://www.naces.org/members.htm
- If you cannot locate your college or university on the accredited listing, please contact us at ima@imanet.org
- Verification: All transcripts should be mailed directly from your college or university to the address below. If you cannot submit your transcripts, please mail us a notarized copy.
- Professional Certifications
- A listing of approved certifications can be found here.
- Verification: An official letter from approved certifying
organization confirming you are a qualified member should be mailed
directly from the certifying organization to the address below.
All education verification needs to be submitted in English. Please include your IMA member number.
Transcripts and/or letters should be mailed to:
ICMA
10 Paragon Drive Suite 1
Montvale, NJ 07645
The CMA handbook has been revised accordingly, and can be downloaded by
clicking here
Course Goals:
- To 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 knowledge is acquired
- To encourage higher educational standards in the management accounting field
- To establish an objective measure of an individual's knowledge and competence in the field of management accounting; and
- To encourage continued professional development by Management Accountants
Certification Issued By:
Institute of Management Accountants (IMA) is the worldwide association for accountants and financial professionals working in business. We are committed to helping you–and our more than 65,000 members–to expand your professional skills, better manage your organization, and enhance your career.
Kindly note that AIAL only provide the training preparation to take CMA exam with IMA. We are not connected with IMA. You may book the exam on IMA website.
CMA Parts:
- Part 1
- Introduction Certified Management Accountant.
- External financial statements and revenue recognition .
- Measurement , valuation and disclosure : Investment and short –term items.
- Measurement , valuation and disclosure : long–term items.
- Cost management concepts
- Cost accumulation systems.
- Cost allocation techniques .
- Operational efficiency and business process performance .
- Analysis and forecasting techniques .
- Budgeting -- concepts , methodologies , and preparation .
- Cost and variance measures .
- Responsibility accounting and performance measures .
- Internal controls – risk and procedures for control .
- Internal control – internal auditing and system controls .
- Part 2
- Introduction Certified Management Accountant.
- Ethics for management accountants
- Ratio analysis
- Profitability analysis and analytical issues.
- Investment risk and portfolio management .
- Financial instruments and 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 .
Course Textbooks:
- Gleim USA, CMA Review, 2015 Edition, Part One,
Financial Reporting , Planning , Performance and Control .
- Gleim USA, CMA Review, 2015 Edition, Part Two,
Financial Decision Making
How to Register?
- Register Online or
- Fill-up the registration form and visit the Institute,
with the following requirements then pay the necessary fees.
- passport copy
- 1 copy of passport size photo
- eligible certificate copy
Download CMA Details
Download full details of this course.
