Certified Management Accountant

Course Objective

A Certified Management Accountant (CMA) is a professional designation for individuals skilled in management accounting and financial management. CMAs are experts in financial analysis, forecasting, and budgeting. Candidates can advance their careers in accounting and finance by passing an exam and fulfilling experience requirements to obtain the certification. The CMA Certification program by MindCypress provides learners with the information and abilities needed for financial management and management accounting. It addresses important subjects including internal controls, financial planning, analysis, and decision support. With an emphasis on topics such as forecasting, performance management, ethics, and budgeting, the course gets learners ready for the CMA exam. Learners' job chances in accounting and finance are improved when they are prepared to obtain the CMA qualification.

Prerequisites

• Prior financial knowledge in finance and accounting would be helpful
• Basic Accounting knowledge (i.e. US GAAP)

Target Audience

• Chief Financial Officers
• Financial Analysts
• Corporate Accountants
• Investment Bankers
• Senior Accountants
• Strategic Auditors Business Leader

Training Outcomes

Understand the effect of various financial statements & how Financial transactions affect each element of various Financial statements

Identify issues in inventory valuation, including which goods to include, what costs to include, and which cost assumption to use

Describe the role that budgeting plays in the overall planning and performance evaluation process of an organization

Identify the role that budgeting plays in formulating short-term objectives and in planning and controlling operations to meet those objectives