Program Objectives
- Provide a dual benefit of review materials for the CMA Exam Certification and in-depth live session modules from the Postgraduate Certificate in Management Accounting Program AIM faculty practitioners.
- Holistic Preparation for the CMA Review and Live Sessions to become practicing Certified Management Accountants with advanced management accounting skills rooted in real-world application.
- Provide 2-year access to fully online, high-quality CMA review content, backed by expert instruction and exercises by Becker, a trusted leader in CMA and CPA exam preparations for more than 60 years., ensuring that learners receive a seamless, top-tier educational experience suitable for aspiring CMA practitioners.
- Provide participants with opportunities to connect with a diverse network of peers, mentors, and industry experts, enhancing their learning experience and preparing them for success in the competitive world of management accounting.
What You Will Learn
Phase 1: Post Graduate Certificate in Management Accounting (12 Modules)
- External Financial Reporting Decisions
- Planning, Budgeting, and Forecasting
- Performance Management
- Cost Management
- Internal Controls
- Technology and Analytics
- Financial Statement Analysis
- Corporate Finance
- Decision Analysis
- Risk Management
- Investment Decisions
- Professional Ethics
Phase 2: Becker Online CMA Exam Review Proper (online and fully asynchronous)
CMA Review Part 1 – Financial Planning, Performance, and Analytics (asynchronous, valid for 2 years)
- Section A. External Reporting Decisions
- Section A.1. Financial Statements
- Section A.2. Recognition, measurement, valuation and disclosure
- Section B. Planning, Budgeting, and Forecasting
- Section B.1. Strategic Planning
- Section B.2. Budgeting Concepts
- Section B.3. Forecasting Techniques
- Section B.4. Budget Methodologies
- Section B.5. Annual Profit Plan and Supporting Schedules
- Section B.6. Top Level Planning and Analysis
- Section C. Performance Management
- Section C.1. Cost and Variance Measures
- Section C.2. Responsibility Centers and Reporting Segments
- Section C.3. Performance Measures
- Section D. Cost Management
- Section D.1. Measurement Concepts
- Section D.2. Costing Systems
- Section D.3. Overhead Costs
- Section D.4. Supply Chain Management
- Section D.5. Business Process Improvement
- Section E. Internal Controls
- Section E.1. Governance, Risk and Compliance
- Section E.2. System Controls and Security Measures
- Section F. Technology and Analytics
- Section F.1. Information Systems
- Section F.2. Data Governance
- Section F.3. Technology-Enabled Finance Transformation
- Section F.4. Data Analytics
CMA Review Part 2 – Strategic Financial Management
- Section A. Financial Statement Analysis
- Section A.1. Basic Financial Statement Analysis
- Section A.2. Financial Ratios
- Section A.3. Profitability Analysis
- Section A.4. Special Issues
- Section B. Corporate Finance
- Section B.1. Risk and Return
- Section B.2. Long-Term Financial Management
- Section B.3. Raising Capital
- Section B.4. Working Capital Management
- Section B.5. Corporate Restructuring
- Section B.6. International Finance
- Section C. Decision Analysis
- Section C.1. Cost / Volume / Profit Analysis
- Section C.2. Marginal Analysis
- Section C.3. Pricing
- Section D. Risk Management
- Section D.1. Enterprise Risk
- Section E. Investment Decisions
- Section E.1. Capital Budgeting Process
- Section E.2. Capital Investment Analysis Methods
- Section F. Professional Ethics
- Section F.1. Business Ethics
- Section F.2. Ethical Considerations for Management Accounting and Financial Management Professionals
- Section F.3. Ethical Considerations for Organizations
Key Benefits
There are many reasons you should consider pursuing a Postgraduate Certificate in Management Accounting and a CMA certification:
- Professional advancement: Boost your professional outlook – obtaining a Postgraduate Certificate from AIM and/or passing the CMA Exam demonstrates your knowledge of financial management processes, which can diversify your toolbox of accounting skills for career advancement.
- Expand your knowledge: Make yourself indispensable to any company with the skillset you will acquire from becoming a CMA. The responsibilities are often more specialized than a general accountant’s job description. Performing tasks like budget analysis and planning will expand your professional capabilities, as you’ve shown you can understand a company’s inner financial workings.
- Prestige and recognition: You’ll gain a sense of personal satisfaction when you achieve your Postgraduate Certificate or a CMA Certification. Earning a Postgraduate Certificate in Management Accounting or the CMA designation is an honor and a distinction that few accountants can say that they have, and one that demands perseverance and business acumen. Adding these credentials alongside your name is a distinguished accomplishment that signifies your dedication to and expertise in Management Accounting to the larger professional world.
- International acclaim: The CMA certification transcends borders and is known as the “global benchmark for management accountants and finance professionals,” as it is recognized worldwide. CMAs benefit from their accreditation when they go abroad, as the certification is not exclusive to one country. This makes it an ideal choice for candidates who hope to one day live or work abroad.
Who Should Attend
- The CMA Review Program is intended for Accountants or Finance Professionals who are passionate about the field of Management Accounting, interested in specializing in their career paths, and who want career flexibility and advancement should consider pursuing the Post-Graduate Certificate in Management Accounting with Online Review for CMA exams.
- Many CPAs pursue a CMA on top of their current license, especially if they are interested in pivoting their careers towards the direction of financial management and reporting. The career possibilities unlocked once a CMA certification is earned are wide-ranging.