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    Cma 2010 Content Spec Overview

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    relatojr25
    The document outlines the curriculum and format for the CMA 2010 exam, including the following: - Part 1 focuses on financial planning, performance, cost management, internal controls, and ethics. Topics are weighted 30-25% and are covered at a basic level. - Part 2 examines financial statement analysis, corporate finance, decision analysis/risk management, investment decisions, and ethics. These topics are also weighted 25-20% and covered at a basic level. - Both parts provide the topic weight ranges and coverage levels for each subject area on the exam. A detailed content specification outlining can be downloaded from the ICMA website.

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    Cma 2010 Content Spec Overview

    Uploaded by

    relatojr25
    33 views2 pages
    The document outlines the curriculum and format for the CMA 2010 exam, including the following: - Part 1 focuses on financial planning, performance, cost management, internal controls, and ethics. Topics are weighted 30-25% and are covered at a basic level. - Part 2 examines financial statement analysis, corporate finance, decision analysis/risk management, investment decisions, and ethics. These topics are also weighted 25-20% and covered at a basic level. - Both parts provide the topic weight ranges and coverage levels for each subject area on the exam. A detailed content specification outlining can be downloaded from the ICMA website.

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    CMA 2010

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    The document outlines the curriculum and format for the CMA 2010 exam, including the following: - Part 1 focuses on financial planning, performance, cost management, internal controls, and ethics. Topics are weighted 30-25% and are covered at a basic level. - Part 2 examines financial statement analysis, corporate finance, decision analysis/risk management, investment decisions, and ethics. These topics are also weighted 25-20% and covered at a basic level. - Both parts provide the topic weight ranges and coverage levels for each subject area on the exam. A detailed content specification outlining can be downloaded from the ICMA website.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    33 views2 pages

    Cma 2010 Content Spec Overview

    Uploaded by

    relatojr25
    The document outlines the curriculum and format for the CMA 2010 exam, including the following: - Part 1 focuses on financial planning, performance, cost management, internal controls, and ethics. Topics are weighted 30-25% and are covered at a basic level. - Part 2 examines financial statement analysis, corporate finance, decision analysis/risk management, investment decisions, and ethics. These topics are also weighted 25-20% and covered at a basic level. - Both parts provide the topic weight ranges and coverage levels for each subject area on the exam. A detailed content specification outlining can be downloaded from the ICMA website.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    CMA 2010 CURRICULUM AND FORMAT

    CONTENT SPECIFICATION OVERVIEW


    (Effective May 1, 2010)
    The percentages below show the relative weight range given to each topic in each part.
    The level designations indicate the depth and breadth of topic coverage in each part. A
    detailed content specification outline can be downloaded from our website in the
    certification section.
    Part 1
    Financial Planning, Performance and Control
    A. Planning, Budgeting and Forecasting
    (30%) (Level C)
    Planning process; budgeting concepts; annual profit plans and supporting schedules;
    types of budgets, including activity-based budgeting, project budgeting, flexible
    budgeting; top-level planning and analysis; and forecasting, including quantitative
    methods such regression analysis and learning curves.
    B. Performance Management
    (25%) (Level C)
    Factors to be analyzed for control and performance evaluation including revenues, costs,
    profits, and investment in assets; variance analysis based on flexible budgets and standard
    costs; responsibility accounting for revenue, cost, contribution and profit centers; and
    balanced scorecard.
    C. Cost Management
    (25%) (Level C)
    Cost concepts, flows and terminology; alternative cost objectives; cost measurement
    concepts; cost accumulation systems including job order costing, process costing, and
    activity-based costing; overhead cost allocation; operational efficiency and business
    process performance topics such as JIT, MRP, theory of constraints, value chain analysis,
    benchmarking, ABM, and continuous improvement.
    D. Internal Controls
    (15%) (Level C)
    Risk assessment; internal control environment, procedures, and standards; responsibility
    and authority for internal auditing; types of audits; and assessing the adequacy of the
    accounting information system controls.
    E. Professional Ethics
    (5%) (Level C)
    Ethical considerations for management accounting professionals

    Part 2
    Financial Decision Making
    A. Financial Statement Analysis
    (25%) (Level C)
    Principal financial statements and their purposes; limitations of financial statement
    information; interpretation and analysis of financial statements including ratio analysis
    and comparative analysis; market value vs. book value; fair value accounting;
    international issues; major differences between IFRS and U.S. GAAP; off-balance sheet
    financing; Cash Flow Statement preparation, analysis, and reconciliation; and earnings
    quality.
    B. Corporate Finance
    (25%) (Level C)
    Types of risk; measures of risk; portfolio management; options and futures; capital
    instruments for long-term financing; dividend policy; factors influencing the optimum
    capital structure; cost of capital; raising capital; managing and financing working capital;
    mergers and acquisitions; and international finance.
    C. Decision Analysis and Risk Management
    (25%) (Level C)
    Relevant data concepts; cost-volume-profit analysis; marginal analysis; make vs. buy
    decisions; pricing; income tax implications for operational decision analysis; operational
    risk, hazard risk, financial risk, and strategic risk; and ERM.
    D. Investment Decision
    (20%) (Level C)
    Cash flow estimates; discounted cash flow concepts; net present value; internal rate of
    return; non-discounting analysis techniques; income tax implications for investment
    decisions; ranking investment projects; risk analysis; real options; and valuation models.
    E. Professional Ethics
    (5%) (Level C)
    Ethical considerations for the organization
    A detailed content spec is available from the ICMA or it can be downloaded from on our
    website www.imanet.org/certification.

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