CMA Part 1

19,999.00

The main areas in which CMA certification requires attention are financing reporting, budgeting & planning, performance management, cost management, and internal controls. These areas are the key areas of consideration in any business organization and thus any business entity looks for the candidates who possess skills for financial decision making. Candidates having the CMA certification come out as the right choice for such positions since they are considered to have a good insight into financial analysis and planning.

Description

The main areas in which CMA certification requires attention are financing reporting, budgeting & planning, performance management, cost management, and internal controls. These areas are the key areas of consideration in any business organization and thus any business entity looks for the candidates who possess skills for financial decision making. Candidates having the CMA certification come out as the right choice for such positions since they are considered to have a good insight into financial analysis and planning.

  •  Training Curriculum: It is well-drafted in accordance with the current Industry
  • Offering: Offers comprehensive knowledge during CMA course
  • Training: 30+ hrs Online Training
  • Job Assistance:100% Job Assistance Support for 6-month post successful completion along with Interview Preparation.
  • E-Learning: Access with quizzes, video content, E-books, assessments, and more

Learning Objectives

  • The learners will get an understanding of financial reporting and its components as well as the analysis of different components of the financial statements.
  • Participants will get to know about the balance sheet, its components, notes to balance sheet, and treatment of balance sheet items.
  • Learn about the income statement, its format, notes, and treatment of items of the income statement.
  • Get updated about different kinds of budgets and their applicability in organizations.
Curriculum
  • Financial Statements Components and Characteristics
  • Balance Sheet and Its Components
  • Balance Sheet and Its Components Continues
  • Notes to BS and Limitations of BS
  • Income Statements Components
  • Format of Income Statements
  • Reporting Irregular Items
  • Notes to IS and Limitation of IS
  • Statement of Comprehensive Income
  • Statement of Changes in Equity
  • Equity and Preferences Shares
  • Transactions with Equity Shareholders
  • Transactions with Equity Shareholders Continues
  • Stock Splits
  • Introduction to Cash Flow Statement
  • Components of Cash Flow Statement and Direct Method
  • Indirect Method of Cash Flow
  • Indirect Method of Cash Flow Continues
  • Revenue Recognition Principles
  • Installment Sales Method
  • Installment Sales Revised
  • Cost Recovery Method
  • Long Term Construction Contract
  • Calculations in Percentage of Completion
  • Calculations in Percentage of Completion Continues
  • Journal Entries of Percentage of Completion
  • Completed Contract Method
  • Meaning of Inventory
  • Inventory Accounting Methods
  • Perpetual and Periodic Inventory Accounting
  • Period End Physical Count
  • Inventory Estimation
  • Errors in Recording Inventory
  • Specific Identification Method
  • Average Method of Inventory Cost
  • FIFO and LIFO
  • Inventory Measurement Principle
  • Accounts Receivable
  • Allowance for Uncollectible Acc Receivable
  • Factoring of Accs Receivable
  • Investment Introduction
  • Debt Securities
  • Investment in Equity Securities
  • Plant and Equipment
  • Introduction to Depreciable Base Computation
  • Selection of Depreciation Method
  • Straight Line Depreciation Method
  • Unit of Output Depreciation Method
  • Declining Balance Method
  • Sum of Years Digit Method
  • Impairment of Fixed Assets
  • Disposal of Fixed Assets
  • Intangible Assets
  • Accounting Treatment for Goodwill
  • Patents
  • Introduction to Leases
  • Operating and Capital Lease
  • Operating and Capital Lease Continues
  • Income Taxes
  • Deferred Tax Liability
  • Deferred Tax Asset
  • Computing Income Taxes
  • Accounting for Bonds
  • Accounting for Bonds Continues
  • Amortization of Premium or Discount
  • Pensions
  • More on Pensions
  • Introduction to Planning Budgeting and Forecasting
  • Meaning and Importance of Planning
  • Strategic Planning
  • Porters 5 Force Model
  • Meaning And Importance of Budgeting
  • Characteristics of Successful Budget
  • Types of Budgets
  • Master Budget
  • Sales Budget
  • Production Budget
  • Direct Material and Labor Budget
  • Manufacturing Overhead Budget
  • Finished Goods Inventory Budget
  • Non Manufacturing Overhead Budget
  • Proforma Income Statement
  • Capital Budget
  • Cash Flow Statement
  • Proforma Balance Sheet
  • Project Budget
  • Activity Based Budget
  • Zero Based Budget
  • Continuous Budget
  • Flexible Budget
  • Flexible Budget – Example
  • Forecasting
  • Regression Analysis
  • Learning Curve Analysis
  • Sensitivity Analysis
  • Performance Management
  • Standard Cost and Variance Analysis
  • Static Budget Variance
  • Flexible Budget Variance
  • Sales Volume Variance
  • Components of Flexible Budget and Direct Material Variance
  • Direct Labor Variance
  • Factory Overhead Variance
  • Analysis of Factory Overhead Variance
  • Components of Sales Variance
  • Management by Exception
  • Responsibility Accounting
  • Common Cost Allocation
  • Transfer Pricing
  • Transfer Pricing Continues
  • Performance Measures
  • Product Profitability Analysis
  • Business Unit Profitability Analysis
  • Customer Profitability Analysis
  • ROI Vs RI
  • Key Performance Indicators
  • Balanced Score Card
  • Introduction to Cost Management
  • Important cost Concepts
  • Important cost Concepts Continues
  • Variable Cost
  • Fixed Cost
  • Semi Variable Cost
  • Costing Techniques
  • Actual Costing
  • Normal Costing
  • Absorption Vs Variable Costing
  • Joint Costing
  • Joint Costing Continues
  • By Product Costing
  • Job Order Costing
  • Job Order Costing Continues
  • Treatment os Spoilage in Job Order Costing
  • Process Costing
  • More on Process Costing
  • Process Costing – FiFO Method
  • Process Costing
  • Activity Based Costing
  • Activity Based Costing Continues
  • Life Cycle Costing
  • Service Cost and its Allocation
  • More on Its allocation
  • Supply Chain Management
  • Supply Chain Management Continue
  • Lean Manufacturing
  • Enterprise Resource Planning
  • Theory of Constraints
  • Value Chain Analysis
  • Business Process Re Engineering
  • Bench Marking
  • Activity Based Management
  • Cost of Quality Analysis
  • Introduction to Internal Controls
  • Meaning of Risk And Audit Risk Model
  • Internal Controls Definition and Overview
  • Objective of Internal Control
  • Components of Internal Control
  • Components of Internal Control Continue
  • Parties Responsible for Successful Implementation of Internal Control
  • Control Process and Types of Internal Controls
  • Methods of Internal Control and Control Activities
  • Corporate Governance
  • Internal Audit
  • Scope of Internal Audit
  • Types of Internal Audit
  • Nature of Internal Audit
  • Incidents to Be Reported in Internal Audit