Topics covered in CMA exam

CMA exam is held in two parts. They are:

Part 1: [Financial Planning, Performance, Analytics]

Subjects covered

Percentage of weightage

External financial reporting decisions

15%

Planning, budgeting, and forecasting

20%

Performance management

20%

Cost management

15%

Internal controls

15%

Technology and analytics

15%

Part 2: [Strategic Financial Management]

Subjects covered

Percentage of weightage

Financial statement analysis

20%

Corporate finance

20%

Decision analysis

25%

Risk management

10%

Investment decisions

10%

Professional ethics

15%

CMA Full Form

CMA Full Form: It is widely recognized that the Certified Management Accountant (CMA) credential is a professional designation for those who specialize in finance. CMAs are crucial to the financial success of any organization due to their training in management accounting and financial strategy. The CMA designation requires candidates to meet rigorous educational and experience requirements, pass a challenging exam, and adhere to a strict code of ethics. A CMA offers insightful data that facilitates decision-making in areas such as strategic planning, cost management, and budgeting. It offers holders a wide range of career options and is highly valued in the financial sector.

Table of Content

  • What is the full form of CMA?
  • Functions of CMA
  • Advantages of having CMA in a company
  • Educational Requirements to become a CMA
  • Topics covered in CMA exam

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What is the full form of CMA?

CMA stands for Certified Management Accountant. This is a globally recognized credential in the field of management accounting and financial management. Individuals who earn the CMA designation demonstrate proficiency in areas such as financial planning, analysis, control, decision support, and professional ethics. The certification is often awarded by professional organizations, such as the Institute of Management Accountants (IMA) in the United States....

Functions of CMA

Here are the functions of CMA and what’s their role in the field of business strategy and accounting....

Advantages of having CMA in a company

Some of the advantages of having a CMA in a company are money management, effective planning, efficiency, performance improvement, clear financial reports, risk management, compliance, sound decision-making, continuous improvement, and effective communication....

Educational Requirements to become a CMA

Candidates pursuing the Certified Management Accountant (CMA) designation mandatorily need a bachelor’s degree in any field and must have at least 2 years of relevant work experience. Additionally, they must pass the CMA exam....

Topics covered in CMA exam

CMA exam is held in two parts. They are:...

FAQs on CMA Full Form

1. What does CMA stand for?...