Passing U.S. CMA (Certified Management Accountant) Part 1

US. CMA, FMAA, CSCA Updated 2024, Financial Controller, CFO, Finance Professional, Future Business Leaders

What Is a Certified Management Accountant (CMA)?

What you’ll learn

  • Ability to do financial and integrated reporting is to provide information that is useful in making decisions.
  • Able to use financial information to forcast, set long-term and short term goals, monitor and manage costs.
  • Able to determine whether performance standards are being met with respect to operational goals with application of technological advancement and analytics.
  • Fully equipped US. CMA candidates with sufficient knowledge, tools, models, and concepts to pass the exam with ideal score..

Course Content

  • Introduction to CMA Program and Exam taking strategies –> 8 lectures • 1hr 18min.
  • CMA.P1.A. External Financial Reporting Decisions 15% –> 7 lectures • 45min.
  • CMA.P1.B. Planning, Budgeting, and Forecasting 20% –> 1 lecture • 8min.
  • CMA.P1.C. Performance Management 20% –> 1 lecture • 3min.
  • CMA.P1.D. Cost Management 15% –> 1 lecture • 5min.
  • CMA.P1.E. Internal Controls 15% –> 1 lecture • 13min.
  • CMA.P1.F. Technology and Analytics 15% –> 1 lecture • 6min.
  • Mini Mock Exam –> 0 lectures • 0min.

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What Is a Certified Management Accountant (CMA)?

Certified management accountant (CMA) is an accounting designation that signifies expertise in financial accounting and strategic management. The professionals who obtain this designation are colloquially known as CMAs and are qualified for a variety of roles ranging from financial controller to chief financial officer (CFO). It is also issued by the Institute of Management Accountants (IMA), builds on financial accounting proficiency by adding management skills that aid in making strategic business decisions based on financial data.


The CMA Program consists of Two Exam Parts Covering 12 Competencies

CMA Part 1: Financial Planning, Performance, and Analytics

15% External Financial Reporting Decisions
20% Planning, Budgeting, and Forecasting
20% Performance Management
15% Cost Management
15% Internal Controls
15% Technology and Analytics


CMA Part 2: Strategic Financial Management

20% Financial Statement Analysis
20% Corporate Finance
25% Decision Analysis
10% Risk Management
10% Investment Decisions
15% Professional Ethics


The 12 subjects of the CMA Program are designed and built on the foundation of 12 necessary competencies for a professional Management Accountant to contribute to value creation and value protection for businesses.


The course of Passing U.S. CMA (Certified Management Accountant) Part 1 on the online learning platform of Udemy will help students fully equip the necessary knowledge to participate and pass the exam with an ideal score (8.4/10).

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