📊 CMA — Certified Management Accountant (Exam-Prep)

Independent, free exam-preparation that walks through the publicly published IMA CMA Content Specification Outlines for both parts — Part 1: Financial Planning, Performance & Analytics (external reporting, budgeting, performance, cost management, internal controls, technology & analytics) and Part 2: Strategic Financial Management (financial-statement analysis, corporate finance, decision analysis, risk management, investment decisions, professional ethics). This is awareness/study material only: it is NOT the official IMA course and is NOT affiliated with or endorsed by the awarding body. It maps to IMA CMA Content Specification Outlines (Parts 1 & 2). The course is organized into 22 modules, ending with a final exam (pass mark 80%). It is independent, free exam-preparation training — not an official or accredited review course.

What you'll learn

• The CMA credential, the 2-part exam & management vs financial accounting
• External financial reporting decisions
• Planning, budgeting & forecasting concepts
• Budgeting methodologies & the master budget
• Performance management: variance analysis
• Responsibility accounting & the balanced scorecard
• Cost management: measurement concepts
• Costing systems: job, process & activity-based (ABC)
• Overhead allocation & supply-chain costs
• Internal controls & the COSO framework
• Technology & analytics (data governance, BI)
• Part 1 review & ethics checkpoint
• Financial statement analysis: ratios
• Corporate finance: cost of capital & capital structure
• Working-capital management
• Capital budgeting: NPV, IRR & payback
• Risk management & enterprise risk
• Investment decisions & valuation
• Decision analysis: CVP & relevant costing
• Pricing & marginal analysis
• Professional ethics: the IMA Statement of Ethical Professional Practice
• Exam strategy: MCQs + essays & passing both parts

Learning objectives

• Recognise that this is independent CMA exam-prep across the public CSO topics, not official IMA courseware
• Distinguish management accounting from financial accounting and map the two-part exam blueprint and weights
• Apply external financial reporting, planning, budgeting and forecasting concepts (Part 1)
• Perform variance analysis and responsibility accounting and read a balanced scorecard
• Measure cost with job, process and activity-based costing and allocate overhead
• Evaluate internal controls with COSO and use technology, data governance and analytics
• Analyse financial statements with ratios and apply corporate-finance and working-capital tools (Part 2)
• Make capital-budgeting (NPV, IRR, payback) and decision-analysis (CVP, relevant costing) calls
• Uphold the IMA Statement of Ethical Professional Practice and plan exam strategy for MCQs and essays
• Pass a 45-question exam (80% to earn your certificate)