Cost and Management Accounting: Topics covered under this part of CMA syllabus for Inter level are Introduction to Cost and Management Accounting, Decision-Making Tools, Budgeting and Budgetary Control, Standard Costing & Variance Analysis and Learning Curve.Financial Management: Introduction to Financial Management, Tools for Financial Analysis and Planning, Working Capital Management, Cost of Capital, Capital Structure Theories, Dividend Decisions and Leverage Analysis, and Capital Budgeting – Investment Decisions. If you can't decide on a course, feel free to shoot me an email at bryan@cpaexamguide.com and I'll be happy to help you find the right one. The three stages are: All these three stages are crucial and important stepping stones for students who aim to become Cost Management Accountants. Leverage Edu helps students make career choice & university admission decisions, using simplified Cost management is the process of planning and controlling the budget of a business. The US CMA course is globally recognized, advanced level, credential appropriate for accountants as … Leverage Edu Tower, Paper 1: Fundamentals of Economics and Management; Paper 2: Fundamentals of Accounting There are a total of 8 papers in CMA Inter exam. CMAs have a wide range of industries and sectors to choose from after completing the course. This is the first stage of CMA course. CMA was set up in the year 2000 with Technical Assistance of CMA Canada, now CPA Canada. CMA Course Syllabus/ Subjects Taught In total, the CMA course comprises 20 papers through the three stages of the programme. customised services that resonate with your personal career needs. Apart from that, you will get to know about the important dates, the registration process, the fee structure and pretty much everything else that you … CMA Final New Subjects. This subject wise details will help you in the preparation of your exams and with the help of it, you can score high ranks with good marks. The Certified Management Accountant (CMA) exam is structurally divided into two parts and each part is organized to focus on different information coordinates altogether. Innov8, 3, 20 Main Road These days, the CMA course is gaining popularity among commerce students, who want to pursue a career in the area of Cost and Management accounting. Some of the roles that CMAs can find themselves in are: Thousands of students apply for the CMA course every year with the zeal to get success with flying colors in the commercial sectors. Ans. Investment Decisions: There are three topics covered under this section of CMA syllabus for Final Level, i.e. Auditing: Auditing Concepts, and Provision relating to Audit under Companies Act. Also, you will get to know about the different CMA exams as well. Subject 1: Strategic Cost Management This is an advanced level course that covers the role of the management accountant in complex modern industrial organisations within … Having cleared up the confusion, let’s talk about the details and requirements to become a part of the course. As the beginning level of the CMA syllabus, take a look at the following table which elucidates a list of CMA Foundation level papers: In the new CMA syllabus (Foundation level), there is a percentage indicated for the weight a particular subject carries. Only then will their status change from provisional to regular. There is an opportunity for you to sit for subjects in an easy order and combination of subjects … Cost Management: This section only includes one topic- Cost Management (Developments in Cost Management and Cost Control and Reductions), which carries 20% weightage.Strategic Cost Management Tools and Techniques: There are 4 topics under this portion of CMA syllabus for Final Level which are Decision-Making Techniques, Standard Costing and Profit Planning, Activity-Based Cost Management- JIT and ERP, and Cost of Quality and Total Quality Management.Strategic Cost Management: Application of Statistical Techniques in Business Decisions- This section contains topics related to Application of Operation Research and Statistical Tools in Strategic Decision Making. There are 8 subjects for the CMA Final course, which are divided into 2 groups. The level-wise syllabus of CMA is mentioned below. Each CMA Final paper … to helping you find accommodation at the best prices. CMA Course subjects . So the Student of any age group can apply for CMA program. IMA provides a duration of maximum 3 years, from the date of registration, to complete the CMA Course. )Accounting of Business Combinations & Restructuring: The topic is the same as the portion’s name and includes only its essential features.Consolidated Financial Statements: This portion of CMA syllabus for Final Level constitutes of one broad topic, i.e. CMA Course Details 2020 | Get complete details like CMA course subjects, CMA course syllabus, CMA Eligibility, CMA exam dates and CMA fee details. CMA course is gaining popularity and momentum among the students from commerce, and students from all over the country want to get admission in this course so that they have a bright future and career in this particular arena. Leverage Edu is a one-stop-shop for all your career-related needs - right from finding the best-fit college to Fundamentals of Business Mathematics (40%), A. The ACCA Course or Qualification is offered globally by the Association of Chartered Certified Accountants of UK, a global body for professional accountants. Cost Audit: Topics covered under this section are Nature, Scope, utility and Advantages, Cost Accounting Standards, Companies Rule Act, 2014, etc.Management Audit: Contents for this portion of CMA syllabus at Final Level are Management Audit- Overview, Nature, Scope, Need of Management Audit and Reporting, Management Reporting Issues, etc.Internal Audit, Operational Audit and Other Related Issues: The topics covered under this section are related to internal and operation audit-related issues, which carries 25% weightage.Case Study on Performance Analysis: This section covers case study on the basis of the Companies Performance for managerial decision-making, which carries 25% weightage. Though, the candidate will be eligible to appear for the course when he/ she has qualified the Undergraduate Examination. Paper 9: Operations and Strategic Management. The ongoing annual CMA maintenance fee is $30. Strategic Performance Management: Topics of this part are Conceptual framework of performance management, Performance Evaluation and Improvement Tools, Economic Efficiency of the firm, and Enterprise Risk Management.Business Valuation: List of concepts in this sub-unit include, Business Valuation Basics, Valuation Models, Valuation of Assets and Liabilities, and Valuation in Merger and Acquisitions. Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of, Passed Foundation of ICSI/Intermediate of ICAI by whatever name called along with 10+2, Paper 1: Fundamentals of Economics and Management, Paper 4: Fundamentals of Business Mathematics & Statistic, Paper 8: Cost accounting and financial management, Paper 9: Operation Management Information System, Paper 15: Business Strategy & Strategic Cost Management, Paper 20: Financial Analysis & Business Valuation. CMA is one of the most viable courses for students who wish to pursue a career in a professional commerce course, specifically - in areas of Cost Management Accounting. This is the toughest level to crack and many candidates take a number of attempts to clear this level. Together, Part 1 and Part 2 serve as an objective measure of your knowledge and competence in the field of management accounting. If you aspire to make it big in the field of management accounting, then Cost and Management Accountant (CMA) is the right course for you. CMA Course Papers. Find here details of papers of CMA course. Developments in Financial Reporting: There are four topics under this section which are Recent trends in Financial Reporting, Valuation, Accounting, and Reporting of Financial Instruments and others, Reporting through XBRL and Share-based payments.Government Accounting in India: This only includes the concepts related to Government Accounting Procedure and Standards, which carries 15% weightage. ‘something’ and helping you leverage it! Accounts of Joint Stock Companies (50%), Strategic Cost Management- Decision Making, Direct Tax Laws and International Taxation, Strategic Performance Management & Business Valuation, A. Block A, Defence Colony New Delhi, CMA and CA are both equal courses, but the passing percentage in CMA is less than in CA, this is because the passing percentage is high in CA course. Paper 20: Strategic Performance Management & Business Valuation. Vijayadashami Exclusive Offer on CA & CMA Admission Fees - 2021 Exam Batch. CMA course is designed in a comprehensive way focusing on varied aspects of corporate finance and management accounting.