CMA USA - CMA Part 1

CMA USA PART 1 | CMA USA Course Details

The certified management accountancy course or Cma USA course is quite popular in the financial space amongst professionals due to its rich reputation and authenticity. CMA USA is granted by IMA (Institute of Management Accountants, USA). The IMA (Institute of Management Accountants, USA) is a globally recognized body and is known for providing this global qualification across borders.

The Certified Management Accountant (CMA) exam is structurally divided into two parts and each part is organized to focus on different information coordinates altogether. The entire subjects of CMA Course, inclusive of each portion of Part 1 and part 2 measure student’s knowledge and competence objectively in the management accounting field. All students who enroll for this prestigious course are expected to gain deep familiarity with the entire CMA USA syllabus. The syllabus is strategically divided too-

• Build a developmental foundation for each subject.
• Ensure full coverage and maintain consistency in planning.
• Maintain proper communication regarding exam portions.
• Help professionals prepare for the CMA examination without losing focus.

CMA USA Part 1 is completely about financial reporting, planning, performance, and internal control.

CMA Part 1 includes the following portions extensively-

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

Quick tips to cover CMA Part 1 successfully in your preparation journey-

• Make a study schedule and divide your available study hours through careful evaluation.
• Generate a weekly timeline and keep a track of all your activities to help avoid time drainage.
• Plan out your activities and weed out any unproductive hour.
• Once you have your study plan sorted, pick a few short study sessions, to begin with, and gradually extend them to longer study sessions.
• Do not forget to consider your convenience and never ignore resting breaks. This would help you stay alert and comfortable during your preparation journey.
• Stay consistent and on track by referring to your study planner.
• Once you chalk out how much time you will require for complete CMA USA preparation in Bangalore, check your calendar and schedule your CMA mock test window.

Self-Learning Platform (SLP) with MyLogic

• Students from any part of the world can learn from our pre-recorded lectures
• Lectures are delivered by renowned faculties with academic and industry experience
• The lectures include detailed explanations with examples for topic and sections chosen
• With additional charges students can purchase Hock International Study Material (CMA Gold Review Course) with access to the online Test Bank with additional questions and essays.
• Mock Tests at the end of each section and final mock exams are conducted to help students asses their progress
• Pre-recorded lectures allow students to attend classes based on their convenience. Attending classes from the comfort of home makes your learning process easy and hassle-free.
• Self-Learning Platform (SLP) students receive full admin and academic support from MyLogic

CMA USA Requirements

To enroll for CMA USA course IMA requires candidates to –

Minimum be enrolled with an accredited university or college to pursue a bachelor’s degree (Or) Have a graduation degree from an accredited college or university

However, to qualify as a CMA, IMA requires candidates to meet the following requirements –

• Be an active member of IMA and clear both CMA USA Parts 1 and 2 Exams
• To be a graduate from an accredited college/university or a related professional certification
• To follow IMA's Statement of Ethical Professional Practice and
• Have a minimum of two continuous years of full time work experience related to accounting and finance.

The candidate once becomes an active member of IMA, have to attempt minimum one part exam before 12 months of registration and the duration provided by IMA for clearing both Part 1 and 2 Exams is three years.