INSIGHT Academy For ACCA & CMA

CMA

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CMA- US (Certified Management Accountant) from Institute of Management Accountants, USA.

The CMA – US ranks first in Professional Degrees for Management Accounting in the world and is the most widely accepted professional qualification for Cost and Management Accountancy globally.

The CMA is highly respected by employers in India and around the world. When your expertise is globally certified, there are no borders on your career journey. You’ll gain recognition for an international career, domestically or abroad, and you’ll be included in the international register of current CMAs.

Benefits You Can Count On

Membership in IMA gives you access to the tools, information, and peer networks you need to enrich your career and add value to your organization. By joining the IMA network, you can benefit from:

  • CMA Certification
  • Continuing Professional Education
  • LeadershipOpportunities
  • Networking and Community
CMA- US Course Duration:

The two part CMA- US Course and training duration is one year, 6 months each for one part.

CMA- US Syllabus and Course Structure:

The Course consists of Two Parts Covering Twelve Competencies.

Part 1: Financial Planning, Performance, and Analytics
  • 15%External Financial Reporting Decisions
  • 20%Planning, Budgeting, and Forecasting
  • 20%Performance Management
  • 15%Cost Management
  • 15%Internal Controls
  • 15%Technology and Analytics
Part 2: Strategic Financial Management
  • 20%Financial Statement Analysis
  • 20%Corporate Finance
  • 25%Decision Analysis
  • 10%Risk Management
  • 10%Investment Decisions
  • 15%Professional Ethics

Each part is tested in 100 marks computer based exams through Prometric Centres around the world. The percentage given above is the weightage of Marks in the Exam.

Both MCQs and Descriptive sections are there in the exams, both the exams are 100 marks each to be completed in 3 hours. A minimum of 72% is required to pass the exams. Answering the Questions on time is the most challenging and key factor of getting through the CMA Exams.

Only 3 years are allowed for clearing both the parts once you register for the CMA- US course. Otherwise you have to register again to get entry for the exams.

THE ENTRY REQUIREMENTS FOR CMA-US

A Bachelor’s degree or a professional accounting degree is preferable to enroll for the course. However, plus to passed students doing preferably B Com / BBA degrees can also enroll for the CMA- US programme and take the exams. One has to be a graduate with minimum 2 years’ work experience and pass both parts of CMA Exams to get Qualified as a CMA.

THE ACCA AND CMA QUALIFICATIONS MAKE A COMPLETE ACCOUNTING AND FINANCE PROFESSIONAL AND CONSIDERED IDEAL IN ANY INDUSTRY GLOBALLY FOR THE BEST CAREER GROWTH AS A STRETEGIC VALUE CREATOR IN BUISNESS ORGANISATIONS.