CMA Part 1 - Financial Reporting, Planning, Performance, and Control Exam (Certified Management Accountant Exam) - Study Guide


CMA certification exam study guide

CMA certification is provided by one of the leading financial institutions in the world IMA (Institute of Management Accountants). Certification from this financial body equips and test you with skills of Planning and Analysis, Risk Management and Internal Controls, Technology and Analytics and Performance Management. Successful certified CMA generally land up in roles like Financial risk manager, Financial planner and analyst, Capital venture, Internal auditor, Cost accountant and Manager

Exam Dates and application

Applicants can fill the form online. These test are generally administered in the period of Jan-February, May-June, and September -October.

Topics covered in CMA Exam

CMA Part 1 is a four hours exam with 100 Multiple choice questions and 2 essay type. As soon as candidate completes his multiple choice question section, the exams are evaluated. The exam taker should have crossed 50% mark to get into descriptive essay section.

External Financial Reporting Decisions (15%)

  • Financial statements
  • Recognition, measurement, valuation, and disclosure

Planning, Budgeting, and Forecasting (20%)

  • Strategic planning
  • Budgeting concepts
  • Forecasting techniques
  • Budgeting methodologies
  • Annual profit plan and supporting schedules
  • Top-level planning and analysis

Performance Management (20%)

  • Cost and variance measures
  • Responsibility centers and reporting segments
  • Performance measures

Cost Management(15%)

  • Measurement concepts
  • Costing systems
  • Overhead costs
  • Supply chain management
  • Business process improvement

Internal Controls (15%)

  • Governance, risk, and compliance
  • System controls and security measures

Technology and Analytics (15%)

  • Information systems
  • Data governance
  • Technology-enabled finance transformation
  • Data Analytics

Video About CMA

CMA Study Guide

A Complete CMA Part1 financial planning, performance and control exam Study Guide that includes sample questions, test tips and a complete study plan prepared by a team of expert and dedicated researchers. Cost-effective and qualified exam help from a committed exam preparation company.



Click here to order a Printed Book Click here to order an Instant Download Ebook
CMA Part 1 - Financial Reporting, Planning, Performance, and Control Exam Secrets (printed book) CMA Part 1 - Financial Reporting, Planning, Performance, and Control Exam Secrets (ebook download)
CMA Part 2 - Financial Decision Making Exam Secrets (printed book) CMA Part 2 - Financial Decision Making Exam Secrets (ebook download)
Certified Management Accountant Exam Secrets (printed book) (Covers Part 1 & Part 2) Certified Management Accountant Exam Secrets (ebook download) (Covers Part 1 & Part 2)

CMA Flash cards

CMA Part 1 - Financial Reporting, Planning, Performance, and Control Exam Flashcard Study System

CMA Part 2 - Financial Decision Making Exam Flashcard Study System

Certified Management Accountant Exam Flashcard Study System

People viewing this Study Guide

We have 815 guests and no members online