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Finance & Accounting

CMA Part 1 Exam Preparation: Financial Planning, Performance and Analytics

The Certified Management Accountant credential is widely recognised for professionals in management accounting and financial management.

15 daysAdvanced8 modulesCertified Management Accountant (CMA)
Overview

About this course

The Certified Management Accountant credential is widely recognised for professionals in management accounting and financial management. This 15-day programme, of about 90 hours, prepares you for CMA exam Part 1, following the published content outline from external reporting and budgeting to performance and cost management, internal controls, technology and analytics.

Each topic is supported by worked examples, multiple-choice drills and essay practice. The course fee covers training and materials; exam fees are separate and paid to the exam provider. Successful completion of the course earns an Alalamia certificate.

What you'll learn

What you'll learn

  • Apply external financial reporting requirements relevant to management accountants
  • Prepare budgets and forecasts and explain the planning process
  • Measure and manage performance using variance analysis and responsibility accounting
  • Compare costing systems and apply cost management techniques
  • Evaluate internal controls and the risks they address
  • Explain how technology and data analytics support finance functions
  • Answer multiple-choice and essay questions effectively under timed conditions
Curriculum

Curriculum

8 modules
  • Structure of the CMA programme
  • Part 1 content outline
  • Question types and exam strategy
  • Financial statements
  • Recognition, measurement and valuation
  • Revenue, leases and other key areas
  • Integrated reporting
  • Strategic planning
  • Budgeting concepts and methodologies
  • Forecasting techniques
  • Top-level planning and analysis
  • Cost and variance measures
  • Responsibility centres and reporting
  • Performance measures and the balanced scorecard
  • Measurement concepts
  • Costing systems
  • Overhead costs
  • Supply chain management and business process improvement
  • Governance, risk and compliance
  • Systems controls and security measures
  • Internal audit
  • Information systems
  • Data governance
  • Technology-enabled finance transformation
  • Data analytics and visualisation
  • Approaching essay scenarios
  • Timed multiple-choice practice
  • Mock exam and feedback
  • Final revision plan
Who it's for

Who it's for

Accountants, financial analysts and finance managers preparing for CMA exam Part 1.

Before you start

  • A good working knowledge of accounting and basic financial statements
Certification

Prepares for

Diplomas

Part of these Alalamia diplomas

Let's plan your next step together.

Tell us the course or certification you have in mind and we'll send the outline, upcoming dates, fees and private-team options.

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