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The CMA Part 1 exam is administered by the Institute of Management Accountants (IMA), a global professional association for accountants and financial professionals. The IMA is committed to advancing the management accounting profession through research, education, and certification. The IMA has a network of over 140,000 members in over 150 countries, making it one of the largest and most respected accounting associations in the world.
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The CMA Part 1 exam is the first of two exams required to earn the CMA certification. CMA-Financial-Planning-Performance-and-Analytics exam is focused on financial planning, performance, and analytics and covers topics such as budgeting, forecasting, financial statement analysis, and performance measurement. CMA-Financial-Planning-Performance-and-Analytics exam consists of 100 multiple-choice questions and candidates have four hours to complete it.
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IMA CMA-Financial-Planning-Performance-and-Analytics Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: External Financial Reporting Decisions | 15% | - Recognition, Measurement, Valuation and Disclosure
|
| Topic 2: Performance Management | 20% | - Cost and Variance Measures
|
| Topic 3: Internal Controls | 15% | - System Controls and Security
|
| Topic 4: Technology and Analytics | 15% | - Data Governance
- Data Analytics
|
| Topic 5: Cost Management | 15% | - Measurement Concepts
- Overhead Costs |
| Topic 6: Planning, Budgeting and Forecasting | 20% | - Strategic Planning
- Forecasting Techniques
|
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