Certified Management Accountant Course: Syllabus, Duration & Exam Details

Is management accounting your chosen path for career advancement? If yes, then I would say the CMA course – Certified Management Accountant – is your ticket to success. An internationally reputed certification, it provides a solid foundation for professionals in financial management and strategic decision-making. One should first understand the course structure, exam pattern, study plan, and passing criteria before starting the path of a CMA. 

In this guide, we will provide very specific details of the syllabus, duration, exam-related information, and so on for you to confidently carve out a path toward your CMA certification.

What is the Certified Management Accountant Course?

The CMA Course – Certified Management Accountant – is a global credential from the Institute of Management Accountants (IMA) that certifies one’s proficiency in financial planning, analysis, management, and decision-making for making oneself a highly sought-after resource within the corporate sector.

Why CMA?

  • Recognized in 150+ countries
  • Greater salary potential than non-certified colleagues
  • A key to leadership positions in finance, accounting, and management
  • Helps your capacity for analyzing financial data and offering strategic insights
  • Gives a competitive advantage in banking, consulting, and corporate finance sectors
  • Prepares professionals with skills to manage business risks, cost management, and investment decisions

With the increasing need for management accountants, a CMA certification can provide opportunities in the international arena and ensure career growth in the long run.

CMA Course Structure

The CMA certification has two parts that examine your knowledge in different fields of financial management.

Part Topics Covered
Part 1 Financial Planning, Performance, and Analytics
Part 2 Strategic Financial Management

There are several sections in each part that cover financial reporting, risk management, corporate finance, and decision analysis.

CMA Exam Pattern

The CMA exam pattern is structured to test theoretical concepts as well as practical application abilities. Here’s what you need to know:

Duration: Both exam parts take 4 hours each.

Format:

100 multiple-choice questions (MCQs) (75% weightage)

Two essay questions (25% weightage)

Passing Score: 360 out of 500.

Exam Windows:

January-February, May-June, and September-October

You have to complete both parts within three years of registration.

CMA Study Plan

A good study plan for CMA will go a long way in your preparation. Proceed as follows:

  • Devote 15-20 hours every week for a minimum period of 4-6 months for each part.
  • Use official IMA materials, online CMA courses, and test banks.
  • Prepare mock exams on a regular basis to monitor progress.
  • Concentrate on weaker areas and review often.

CMA Passing Criteria

The passing criteria for CMA mandate that candidates:

  • Score a minimum of 360 out of 500 in each part.
  • Score at least 50% of the MCQs to enable the essay section.
  • Finish both parts within 3 years from registration.

CMA Course Duration

  • Minimum Time Needed: 6-9 months (studying full-time).
  • Average Time Needed: 12-18 months (for professionals).
  • Maximum Time Needed: 3 years to finish both parts.

CMA Syllabus Coverage

Part 1: Financial Planning, Performance & Analytics Part 2: Strategic Financial Management
External Financial Reporting Financial Statement Analysis
Cost Management Corporate Finance
Planning, Budgeting & Forecasting Risk Management
Performance Management Investment Decisions
Internal Controls Professional Ethics

CMA Certification Cost

Category Fees (USD)
IMA Membership $280 (Annual)
Entrance Fee $280
Exam Fee (Per Part) $460 (Per part)
Total Cost $1,480

Career Opportunities After CMA

The Certified Management Accountant qualification opens doors to work in such positions as: 

  • Financial Analyst: responsible for analyzing financial statements, market trends, and business opportunities. 
  • Management Accounting: Internal Financial Planning, Budgeting, and Cost Control related to organizations. 
  • Finance Manager: Following the management of financial operations, the management of risk, and the development of strategies for the maximization of profit. 
  • Corporate Controller: Internal Control, Compliance, and Financial Reporting.
  • CFO-Chief Financial Officer- responsible for leading financial strategy, investments, and decisions at the corporate top echelons. 
  • Risk Manager: responsible for identifying and mitigating operational and financial risks in business. 
  • Internal Auditors: They are responsible for ensuring the compliance of organizations with laws and maintaining financial transparency. 
  • Cost Accountants: Maintain and develop cost accounting systems that will create real business efficiency. 

With an increasing need for financial professionals with strategic insight, they are highly valued in industries such as healthcare, manufacturing, technology, and consulting. The CMA credential provides security, growth, and access to high-level management positions worldwide.

Frequently Asked Questions (FAQs)

  1. What is the requirement for appearing for the CMA exam?

A bachelor’s degree and two years of relevant professional experience.

  1. Can I sit for the CMA exam prior to finishing my degree?

Yes, but you have to finish your degree before certification.

  1. How many times can I attempt the CMA exam?

Multiple attempts within the three-year eligibility window.

  1. Is the CMA more difficult than CPA?

The CMA is strategic finance-oriented, whereas CPA deals with broader accounting subjects.

  1. What is the average salary for a CMA?

$105,000 per year, based on experience and location.

  1. Does CMA involve work experience?

Yes, two years in a related field is required.

  1. Can I study for the CMA on my own?

Yes, but structured courses and test banks are advisable.

  1. What is the pass rate for the CMA exam?

Approximately 45-50% worldwide.

  1. Are there scholarships for CMA?

Yes, scholarships are provided by IMA to deserving students.

  1. How long does it take to become CMA certified?

6-18 months, depending on the pace of study.

Key Takeaways

  • The Certified Management Accountant Course improves financial management capabilities.
  • The exam consists of two parts for strategic and analytical skills.
  • Applicants need to score a minimum of 360/500 in each exam.
  • Passing the CMA opens doors to high-paying job opportunities

Conclusion

Obtaining a CMA certification can truly make a difference in the life of a professional looking to step into a leadership position in the field of finance or accounting. If you prepare with strategy and those who have strong discipline, they will be able to clear the CMA exam and open a floodgate of opportunities. It’s a certification aimed at improving technical expertise, along with an individual’s ability to make data-driven decisions and grow a business. 

Emerging as a frontline warrior in the corporate world’s financial strategy and risk management practices, a CMA leads the fight against the continuously evolving finance industry. If you’re trying to find a high-paying profession recognized all over the world, then taking the Certified Management Accounting Course is the right investment for your future.

Then, are you ready to propel your career forward? Begin your CMA journey now!

How does Corporate Finance Assist Organisations?

In today’s competitive business landscape, effective corporate finance management is critical to the success of any organisation. From managing cash flow to making investment decisions, corporate finance plays a crucial role in ensuring the financial health of a business.

This is where certified management accountants (CMAs) come in. Through CMA USA training and the CMA exam, professionals can obtain the skills and knowledge required to excel in corporate finance.

This blog will explore how corporate finance assists organisations and how a CMA USA course and training can help professionals excel in this field.

What is Corporate Finance?

Corporate finance is a branch of finance that focuses on how businesses manage their funding, capital structure, accounting, and investment decisions.

Through long- and short-term financial planning, as well as the implementation of diverse strategies, corporate finance frequently focuses on maximising shareholder value. From capital investments to tax concerns, corporate finance activities are various.

The financial health and profitability of businesses depend on effective corporate finance management, which is also essential to the general administration and expansion of the organisation.

Understanding Corporate Finance

Corporate finance departments oversee the financial operations and capital investment choices of their respective companies. These choices include whether to finance a suggested investment through equity, debt, or both.

They also cover whether dividends should be paid to shareholders and, if so, at what return. The financial division also oversees inventory control, current liabilities, and assets.

Corporate Finance Activities

Corporate finance activities involve managing the financial resources of corporations and other business entities to achieve their objectives and maximise shareholder value.

Here are some of the key activities involved in corporate finance:

Cash Flow Management: This involves managing the inflow and outflow of cash within the organisation to ensure enough money to pay bills and invest in growth opportunities.

Investment Decisions: This involves analysing potential investment opportunities to determine which investments will most likely create long-term value for the organisation.

Capital Structure: This involves determining the optimal debt and equity financing mix to fund the organisation’s operations and growth initiatives.

Risk Management: It involves identifying and mitigating risks that could negatively impact the organisation’s financial performance or reputation.

Financial Reporting: This involves preparing financial statements and reports that give stakeholders a clear picture of the organisation’s economic performance.

Raising Capital: This involves financing the organisation’s operations and growth initiatives, including issuing bonds, selling equity, or applying for loans.

Dividend Policy: This involves determining how profits will be distributed to shareholders in the form of dividends.

Corporate Governance: This involves developing and implementing policies and procedures to ensure the business is run ethically and transparently.

Effective management of these corporate finance activities is critical to an organisation’s financial health and success.

Working in Corporate Finance

Working in corporate finance can be both demanding and rewarding. Professionals manage corporations’ and other business entities’ financial resources to meet the organisation’s goals and maximise shareholder value.

Here are some of the critical roles and responsibilities of professionals working in corporate finance:

Financial Analysis: Corporate finance professionals must be skilled in financial analysis, which involves analysing financial statements and other data to identify trends and make informed decisions.

Investment Management: Corporate finance professionals must be able to identify and evaluate potential investment opportunities and manage investment portfolios to maximise returns and minimise risk.

Treasury Management: Corporate finance professionals must be able to manage cash flows and make decisions regarding debt and equity financing.

Risk Management: Identifying and mitigating potential risks that could adversely affect the organisation’s financial performance or reputation is a necessary skill for corporate finance professionals.

Financial Reporting: Corporate finance professionals must be able to produce precise and prompt financial reports and statements and convey financial information effectively to stakeholders.

Strategic Planning: Corporate finance professionals frequently play a significant role in strategic planning. They assist in identifying potential areas of growth and develop financial strategies to achieve the organisation’s objectives.

Mergers and Acquisitions: Corporate finance experts are integral to the strategic planning process, aiding in identifying growth prospects and developing financial strategies to attain organisational goals.

A degree in finance, accounting, or a related field is often necessary to work in corporate finance. Professional certifications such as the Certified Management Accountant (CMA) can also demonstrate expertise and commitment.

How does Corporate Finance Assist Organisations?

Corporate finance plays a crucial role in the success of organisations. Effective management of financial resources can help businesses achieve their objectives, maximise shareholder value, and ensure long-term financial health.

Here are some of how corporate finance assists organisations:

Cash Flow Management

Effective cash flow management is critical for the financial health of an organisation. Corporate finance professionals are responsible for ensuring that there is enough cash on hand to pay bills and invest in growth opportunities.

Investment Decisions

Corporate finance professionals are vital in identifying and evaluating potential investment opportunities. By making informed investment decisions, organisations can achieve long-term growth and profitability.

Capital Structure

Corporate finance professionals must determine the optimal debt and equity financing mix for funding the organisation’s operations and growth initiatives. This involves managing the organisation’s risk profile and ensuring it has access to the necessary capital to achieve its objectives.

Risk Management

Corporate finance professionals identify and mitigate risks that could negatively impact the organisation’s financial performance or reputation. This includes managing credit risk, market risk, and operational risk.

Financial Reporting

Corporate finance professionals are responsible for preparing accurate and timely financial reports and statements. These reports provide stakeholders with a clear picture of the organisation’s financial performance and help to ensure transparency and accountability.

Raising Capital

Corporate finance professionals are responsible for obtaining financing to fund the organisation’s operations and growth initiatives. This includes issuing bonds, selling equity, or applying for loans.

Conclusion

Corporate finance plays a critical role in the success of organisations. Effective management of financial resources is vital to achieving long-term growth and profitability.

Corporate finance professionals are responsible for ensuring that organisations have access to the necessary capital and resources to achieve their objectives.

If you are interested in pursuing a career in corporate finance or advancing your skills and knowledge in this field, Imarticus Learning’s CMA Certified Management Accountant course is a great option.

Imarticus Learning’s CMA USA training program prepares students for the CMA exam and provides them with the skills and knowledge needed to excel in their careers as certified management accountants.

Visit Imarticus Learning for more information.

Controlled Operations: Why it is Essential

Establish Clear Objectives

Businesses should establish clear objectives for implementing controlled operations, including financial performance, compliance, and risk management goals. Setting goals will provide a framework for designing and implementing controlled processes.

Develop a Detailed Implementation Plan 

Organisations should develop a detailed implementation plan outlining the steps required to install controlled operations, including developing policies, procedures, and systems. 

certified management accounting course

The implementation plan should also identify the resources needed to install controlled processes and the timeline for implementation.

Implement Robust Internal Controls

Controlled operations rely on strong internal controls to ensure the accuracy and integrity of financial information. Organisations should implement robust internal controls to prevent financial fraud and to ensure that financial information is accurate and reliable.

Train Employees

Employee training is essential for successfully implementing controlled operations within an organisation. Employees will gain a deeper understanding of their roles and responsibilities by providing education on policies, procedures, and systems, thereby strengthening the controlled operations process. 

Monitor Performance

Performance evaluation of controlled operations is crucial for organisations to determine their effectiveness in meeting desired goals. Businesses can achieve this by monitoring performance metrics, ensuring compliance, and continually seeking ways to improve the controlled operations process.

Regularly Review and Update Procedures  

Organisations should regularly review and update their controlled operations procedures to remain relevant and practical. The process can include updating policies and procedures in response to changes in the business environment or regulatory requirements.

Ensure Adherence to Regulations and Standards 

Sticking to essential rules and standards for reporting finances and protecting information is necessary for organisations to have controlled operations. They should do regular checks to ensure they follow these rules.

Conclusion

Controlled operations are a crucial aspect of efficient financial management in organisations. By incorporating controlled operations, organisations can improve their financial performance, make more informed decisions, and ensure adherence to financial regulations and standards.

Implementing controlled operations requires clear goals, a comprehensive plan, strong internal controls, employee training, regular performance monitoring, continuous improvement, and expert assistance.

If you want to enhance your management accounting skills and become a CMA-certified professional, the Imarticus Certified Management Accountant course can help you achieve your goals. 

This comprehensive accounting and finance certification program will give you the knowledge and skills you need to succeed in management accounting. 

Imarticus Learning’s US CMA program covers various topics, including budgeting, forecasting, financial reporting, internal controls, and performance metrics, and is taught by experienced professionals in the field. 

With a focus on practical skills and real-world applications, the CMA course is the perfect way to build your expertise in management accounting and advance your career.

What is Cost Management and Control?

Taking up cost management and control measures can significantly impact the financial health of a company. It ensures the financial stability of the firm and helps it efficiently utilise its resources, and safeguards its financial well-being. 

Businesses that can achieve the lowest production costs tend to earn the highest profits. This reduction of costs is a crucial goal for most businesses, as it can enhance their efficiency and profitability. 

Project managers are accountable for managing project costs. They are responsible for estimating the overall expenses, creating a budget plan, monitoring spending, and preparing for possible risks. Usually, a certified management accountant is in charge of cost management and control.

certified management accounting course

With the help of a certified management accountant course, one will be able to establish oneself as an able project manager who is equipped with all the skills necessary to efficiently manage and control costs. A US CMA course is perfect for people who wish to work as project managers. 

What is Cost Management?

Cost management involves overseeing and regulating financial resources during business operations. A company implementing successful cost management strategies to manage expenses, can maintain efficient cost-control measures and establishes a suitable budget to manage various business activities. 

Cost management techniques can be used for particular projects or for the overall operation of a company. The primary objective of cost management is to achieve long-term savings and maximise profits.

What is Cost Control?

Cost control involves the process of identifying and decreasing business expenditures to boost profits. This process starts with making a budget. In cost control, a business owner compares the actual financial outcomes of the company with the anticipated budget. If the actual costs exceed the planned costs, management has the necessary information to take corrective measures. 

Benefits of Cost Control and Management?

There are numerous advantages to cost control and management. This process when done efficiently can lead to huge profits and optimum utilisation of funds. Here are some of the advantages of cost control and management:

  • Cost management enables businesses to anticipate future expenses and costs, which can aid in their efforts to achieve projected revenues.
  • Cost management leads to improved planning and financial management. It gives a company enhanced financial security and good insight into the budget. Because of this businesses make informed decisions and take necessary actions to avoid incurring debts.
  • Cost control and management lead to improved cash flow. With cost control and management, businesses optimise cash flow and ensure that it has enough funds in store to meet commitments and pursue growth opportunities. 
  • With an efficient cost control and management system in place, businesses can ensure informed decision-making. The data generated with the help of cost control and management help businesses in getting better insights about the business. 
  • Many businesses use cost management as a strategy to decrease their overall expenses. This process involves controlling various expenses, such as marketing or supply chain costs, in order to reduce them.
  • Effective cost management helps businesses in record-keeping. This enables them to carry out efficient financial accounting planning and set budgets with a spending limit. 

With the help of this analysis of the business or project costs an overview of a company’s expenses can be obtained. This helps in the creation of precise budgets for the company.

  • When a business employs good cost management strategies, they end up avoiding a number of risks that may be detrimental to the growth of the business. 

Steps Involved in Cost Management and Control

Cost management and control are the planning of the lifecycle of a project. There are primarily four steps involved in cost management and control. 

Resource Planning

The first step of cost management and control is resource planning. It entails the procedure of determining the necessary resources for an organisation. It involves the planning and utilisation of resources such as labour, finances, and informational resources required to accomplish a particular task. 

In resource planning, the work breakdown structure is used by companies to determine the skills and resources needed for performing each task. While planning resources project managers also take into account the historical data of similar projects taken up in the past to avoid mistakes of the past and plan more efficiently. 

Cost Estimation

As the name suggests, cost estimation refers to the process of determination of the financial requirements of any project or activity. Cost estimation aids in business planning, cost analysis, and decision-making, as well as in controlling project costs and schedules.

Sound cost estimation is imperative if a business wants to avoid unprecedented expenses and financial risks. It often leads to a lot of savings for businesses. 

Budgeting

There are several processes involved in each project. Each of these processes has its own budgeting needs. The next step involved is budgeting. In this step, each activity within the workflow is assigned a specific portion of the budget

Cost Control

The final step is cost control. Cost control involves tracking and measuring deviations from the established cost baseline and implementing corrective actions to minimize costs. The changes made to the cost baseline are taken into account and a forecast of the final cost is calculated.

Conclusion

Effective cost management is crucial for every organisation when it comes to scaling the business. A project manager’s tasks are vital for managing the company’s expenses and hence it is a very crucial job role. It can help the company gain huge profits if done correctly.

But miscalculations and inefficient cost management and control can lead to unprecedented losses. Since this field needs experience and expertise, aspirants must take up the CMA USA course if they want to establish themselves as efficient project managers.

The Institute for Management Accountants (IMA), based in the USA gives the Certified Management Accountant (CMA) certification. This certification is deemed to be the top credential in the field of management accounting globally.

With recognition from 170+ countries, it is one of the most lucrative career options one can opt for. Prepare yourself to be an experienced CMA with the CMA USA training from Imarticus Learning. All courses by Imarticus Learning come with an experienced faculty of teachers who are certified CMAs, CAs, CFAs, and CPAs. 

US CMA: Syllabus and Course Details

Certified Management Accountant (CMA) is one of the most sought-after certifications by recruiters globally. The US CMA programme is recognised in over 170 countries, opening global opportunities. 

The CMA certification signifies that a person is well-trained and has an expansive skill set, including financial reporting, forecasting, cost control, planning, budgeting, auditing, accounting, cost management and risk management. 

So, for all the aspirants on their way to becoming a CMA, we are breaking down the syllabus and course details of the US CMA programme in this blog. Read on…

US CMA course details

certified management accounting course

The US CMA programme is a short certification course spanning 6 to 9 months. The course curriculum is divided into two parts, and so is the CMA exam. One can sit for CMA exams (Part 1 or Part 2) in any order.  

CMA exams are held in three windows every year: 

  • January-February
  • May-June
  • September-October

The CMA exam is of 500 marks, with each paper consisting of 100 MCQs and two essays. There are four types of MCQs and three types of essay questions. The exam is of a four-hour duration. Out of 500, an examinee must acquire 360 marks to clear the exams. 

The course lets you choose which exam you’d like to appear for first. This means you can appear for Part 2 before Part 1 and vice versa. 

So, now that you have a grounding on how the course flows let’s understand the syllabus.

US CMA syllabus

As the course is divided into two parts, the syllabus has two sections: Part 1 and Part 2.

Part 1 of the syllabus deals with financial planning, analytics and management. It consists of the following subtopics:

  • External financial reporting and decision

This teaches basic accounting principles, management, and analytics. This helps in assessing the financial standing of a business and predicting the financial position of the company in future quarters. 

  • Planning, budgeting, and forecasting

Budgeting is an integral part of finance. Therefore, a CMA must understand how to ensure the smooth functioning of the financial operations of a business. This module teaches candidates the ins and outs of planning, budgeting, and forecasting. 

  • Performance management

A CMA must be able to churn out the best performance of every financial asset of the company. This module prepares you to maximise your organisation’s potential and profit range.

  • Cost management

A business cannot function without putting a rein on its cost flow. This module deals with the basics of costing systems, measurement concepts and understanding cost behaviour for effective cost management.

  • Internal controls

To effectively run a company’s finance, a CMA must have a firm grounding in risk and cost control and take care of internal auditing to understand where the business stands.

  • Technology and analytics

One can only scientifically make financial predictions by knowing how to use analytics. Therefore, a CMA must be adept at using analytical data to forecast and plan the company’s finances.

After you are done with the first section, you move on to Part 2 of the course syllabus:

  • Financial statement analysis

In this module, a student learns the basics of financial statement analysis, followed by deeper levels of analytical studies like variation, revenue, and profitability analysis.

  • Corporate finance

This module deals with financial management and teaches how to understand financial reports and analysis in a way that questions why costs have been incurred and how profits can be fished in more efficiently. 

  • Decision analysis

This deals with the decision-making proficiency required in cost management. A CMA must understand how to analyse a business’ budget and volume to make the best financial decisions.

  • Risk management

While you get an idea of the risk through the first part of the course, you learn the core of risk management in this half. This is one of the most practical sections of the entire course, helping candidates hone their skills in effective risk management. 

  • Investment decisions

There are multiple profitable ventures at any given time for a business. Filtering through them according to budget and presenting the best investment opportunities is the job of a CMA who is an expert at analysing asset potential.

  • Professional ethics

Just the knowledge of finance is not enough for top-ranking finance professionals. The professional finesse required for this role is complete with the best practices and an understanding of professional values and ethics.

Conclusion

The US CMA course is any professional’s golden ticket to a salary hike and placement in well-reputed global organisations while adding to one’s knowledge, skills, and resume.

Imarticus Learning offers the US CMA certification course through live online classes. You pay 50% while enrolling, and the rest only when you pass the course and get the certification that ensures you get a salary package starting from Rs 6.5 to 8 LPA. Sign up for the US CMA course and master the 12 core skills you need to ace finance and accounting.

How does a certified management accountant benefit your business?

Management accountants are responsible for keeping track of a company’s expenses and income. They are needed everywhere, be it a government agency, a private business or a public company. They prepare the data that help the companies to review budgets and take steps for financial advantages.

However, many companies have dilemmas about how a certified management accountant (CMA) is helpful to their businesses. Keep in mind that they are the do-alls of accounting in a company. Anyone interested in the field can apply for the CMA Course Career in Management Accounting for career growth. They can also look for options in the US CMA Courses to become a CMA.

How does a certified management accountant benefit your business?

A complete picture

With numerous departments and functions in a company, it is often difficult to get a complete picture of finances. A CMA combines financial and non-financial information for a comprehensive overview. They provide an extensive outline of financial and business operations.

They work on creating an annual budget for companies and individual departments. This creates a detailed roadmap to predict revenues, cash flow and expenses.

A daily task

Apart from the overview, CMAs also help with day-to-day business decisions. They take part in management’s decision-making with financial and accounting information. This includes the reports like:

Business cash flow

Outstanding debts

Statistics

Trend reports

Revenue reports

This helps the companies to keep track of the differences between predicted and achieved growth. It ensures that the budget is based on current inputs and thus is more effective.

Find the bottlenecks

Another way a CMA helps is by finding the bottlenecks in finances and management. They help to identify the constraints in the production line or sales process. They use accounting and financial reports to find the problems and their impact on business. They also calculate the data to find spending, revenue and profits issues.

Marginal analysis

Marginal analysis is crucial for any business as it helps to examine the additional benefits of any spending. Another job of a CMA is to perform a marginal analysis. It aids the companies in understanding if added benefits of an activity are worth more than the costs incurred in the activity.

Trend analysis and forecasting

Trend analysis and forecasting provide businesses with information such as:

Product development

Marketing performance

Sales performance

Spending

CMAs help companies in trend analysis and forecasting. They review the trends of costs to make predictions for the future. They make calculations with pricing, volume, tendencies of customers, sales, etc of the past to calculate future financial goals.

Capital budgeting

certified management accounting course

Creating measurability and accountability is important for business. It helps to understand the risks and returns of any action. CMAs provide information about capital-intensive projects and spending. They also present the net present value of any action. They also help companies understand the risks of spending. They can inform and advise the managers of the same for better finance management.

Cost counting

For a business, the costs of services and products must be visible. CMAs calculate the same and allocate the finances accordingly. They help companies to calculate relevant factors and maximize their profits. CMAs use information about factors like quality of product or service, geographical location of a facility, etc.

Understanding performance variance

Performance variance is known as the difference between predicted and achieved goals. CMAs also help the business to understand performance variance. They use analytical techniques and management accounting to find the performance variance and find ways to achieve positive performance variance.

Assessing long-term actions

An analysis of a CMA can help businesses to take informed decisions while investing in a long-term project. CMA provides detailed predictions of cash inflow and revenues for any strategic decision.

Why choose Imarticus Learning?

Imarticus Learning offers CMA Course Career in Management Accounting Bootcamp. The US CMA Course is offered in online mode. The study period for the course is 6–9 months. The learners are taught the mastery of 12 core skills of the job. The course covers subjects like business, finance, accounting and analytics. Learners also get a ‘pass protection’ that ensures they pass the examination. Along with this CMA Course Career in Management Accounting, there are:

Guaranteed interviews with career and placement assistance

Unlimited access to study materials like course books, question banks, learning videos, etc

Expert mentoring with experienced faculty

Practicals to make the learners’ industry ready.

There are over 1,40,000 global learners of the US CMA Course. The learners of Imarticus Learning work for renowned companies like State Street, Societe Generale, IBM, J.P Morgan, etc. It has partnered with institutes like ima and GLEIM for better exposure for the learners. Know more about what learners can get here.