Certified Management Accounting Program (CMA)

About this Course

The management accounting field focuses on two areas: managerial accounting and financial management of the business enterprise. Managerial accounting is concerned with the techniques, controls, systems and reports used internally by the managers of an organization. Utilizing current accounting and financial data, they can plan and budget the future, measure the performance and control the internal resources of the firm. The management aspects include helping the firm make the best financial decisions going forward, directing the resources and the best financing structure to optimize the value of the firm. The Certified Management Accountant (CMA) is an internationally recognized accreditation for Management Accountants. The Management Accounting Concentration is a new and unique program designed to provide a sound preparation for a rewarding career in Management Accounting. As an integral part of the Management Accounting Concentration within the highly rated MBA program at JU, the program of study facilitates preparation for the CMA exam.

Course Objective

By the end of this course, delegates will be able to:

Analyze financial statements using different performance metrics and financial ratios.
Apply advanced profitability analysis including DuPont analysis.
Define financial risk and return and calculate cost of capital.
Explain current assets management and the different alternatives in raising capital.
Demonstrate cost volume profit analysis, breakeven and marginal analysis, and pricing strategies.
Calculate and apply the different techniques in evaluating capital and investing decisions, e.g. net present value, internal rate of return, payback period, etc.

The Training Course will highlight ?

This course is designed to give an overview of the main concepts covered under the CMA2 exam. Relatively difficult topics are explained in simple terms and summarized in a way that makes the information easy to retain.

new skills back at work.

Course Outline

Financial Reporting, Planning, Performance and Control
External Financial Reporting Decisions
Planning, Budgeting and Forecasting
Performance Management
Cost Management
Internal Controls
Financial Statement Analysis
Basic financial statement analysis
Financial ratios
Profitability analysis
Income measurement analysis
Revenue analysis
Cost of sales, and expense analysis
Variation analysis
Corporate Finance
Risk and return
Long term financial management
Raising capital
Working capital management
Corporate restructuring
International finance
Financial Decision Making
Financial Statement Analysis
Corporate Finance
Decision Analysis
Risk Management
Investment decisions
Professional Ethics
Decision Analysis
Cost volume profit analysis
Marginal analysis
Pricing
Risk Management
Enterprise risk
Types of risk
Risk identification and assessment
Risk mitigation strategies and managing risk
Investment Decisions
Capital budgeting process
Discounted cash flow analysis
Risk analysis in capital investment
Professional Ethics
Ethical considerations for management accounting and financial management professionals
Ethical considerations for the organization