Certified Management Accountant (CMA) Program

Arkan International Training Academy

Offline

One Year

The Certified Management Accountant (CMA) Program is a professional training program designed to prepare participants for the CMA certification exams issued by the Institute of Management Accountants (IMA). The program focuses on developing advanced skills in management accounting, financial planning, performance management, and strategic decision-making

The course covers both parts of the CMA syllabus and combines theoretical knowledge with practical applications and real-world case studies. It equips participants with the competencies required to act as strategic business partners and prepares them for senior financial and managerial roles in line with international best practices and professional standards

Learning Objectives

Prepare effectively for passing the CMA certification exams (Part 1 & Part 2) in accordance with IMA standards.
Develop a comprehensive understanding of management accounting and financial planning concepts.
Apply advanced financial analysis techniques to support managerial decision making.
Prepare budgets, forecasts, and financial plans efficiently.
Analyze costs and improve operational efficiency.
Understand and apply risk management, internal controls, and corporate governance concepts.
Support strategic and operational decisions using data-driven financial insights.
Qualify for senior-level roles in finance, accounting, and management.

Course Topics

1. Financial Planning, Performance & Analytics

Budgeting and financial planning
Forecasting techniques
Performance measurement and variance analysis
Working capital management
Financial ratios and performance indicators

2. Cost Management

Cost concepts and cost behavior
Costing systems and methods
Break-even and contribution margin analysis
Pricing decisions
Cost control and efficiency improvement

3. Internal Controls & Risk Management

Designing and evaluating internal control systems
Enterprise Risk Management (ERM)
Corporate governance frameworks
Fraud prevention and detection
Compliance and financial control

4. Professional Ethics

IMA Statement of Ethical Professional Practice
Professional responsibility of management accountants
Ethical decision-making
Promoting integrity and transparency

5. External Financial Reporting

Preparation of financial statements
Financial statement analysis
Financial reporting principles and standards
Impact of accounting standards on financial performance

6. Decision Analysis

Short-term and long-term decision making
Make-or-buy decisions
Capital investment decisions
Risk and sensitivity analysis

7. Corporate Finance

Capital structure management
Financing and investment decisions
Capital budgeting techniques (NPV, IRR)
Financial risk management

8. Strategic Planning & Performance Management

Strategic planning concepts
Linking financial performance to strategy
Balanced Scorecard (BSC)
Performance improvement and sustainable growth

Program Details

Comments on the Course

Share your feedback about the course. By registering, you confirm that you have read and accepted the terms and conditions

You must be logged in to post a comment.