CMA USA Syllabus

CMA USA exam is divided into two parts. Each of the parts has a different syllabus. The following points will help you understand the US CMA course syllabus:

CMA USA Syllabus Part 1:

• External Financial Reporting Decisions: Financial statement; Recognition, measurement, valuation, and disclosure
• Planning, Budgeting, and Forecasting: Strategic planning; Budgeting concepts; Forecasting techniques; Budgeting methodologies; Annual profit plan and supporting schedules; Top-level planning and analysis
• Performance Management: Cost and variance measures; Responsibility centres and reporting segments; Performance measures
• Cost Management: Measurement concepts; Costing systems; Overhead costs; Supply chain management; Business process improvement
• Internal Controls: Governance, risk, and compliance; System controls and security measures
• Technology and Analytics: Information systems; Data governance; Technology-enabled finance transformation; Data analytics

CMA USA Syllabus Part 2:

• Financial Statement Analysis: Basic financial statement analysis; Financial ratios; Profitability analysis; Special issues
• Corporate Finance: Risk and return; Long-term financial management; Raising capital; Working capital management; Corporate restructuring; International finance
• Decision Analysis: Cost/volume/profit analysis; Marginal analysis; Pricing
• Risk Management: Enterprise risk
• Investment Decisions: Capital budgeting process; Capital investment analysis methods
• Professional Ethics: Business ethics; Ethical considerations for management accounting and financial management professionals; Ethical considerations for the organization