Overview

The CMA® (Certified Management Accountant) designation was developed in 1972 to provide an objective measure of an individual’s knowledge and competence in the field of management accounting, The certification has been the global benchmark for management accountants and financial professionals. Only the CMA program recognizes the unique proficiencies required for success in this challenging profession. The ICMA® (Institute of Certified Management Accountants) regularly reviews the content of the CMA exam to ensure that current topics are appropriately updated and relevant to business practice. Connectivity of a practical Body of Knowledge to the workplace is important.

The CMA exam aligns with the knowledge, skills, and abilities that an accountant or finance professional in business uses on the job today—financial planning, analytics, control, and decision support. These skills are critical to the success of finance teams.

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Outcome

Discover how strategic planning determines the path an organization, and understand budgeting and forecasting techniques.


Demonstrate performance management measures and cost management concepts and systems.


Conduct and compute financial statements analysis efficiently.


Identify the process of investment decision making and factors affecting it.

Details

Developed by: IMA - Institute of Management Accountants

Standard Total Hours: 136 Hrs

Language: English - Bilingual "English & Arabic"

Modalities: 
Next Rounds: 
Date Tenure Modality Venue
27 Apr 5 Months Virtual Virtual,Bilingual
02 May 6 Months Face To Face Degla Plaza, Beacon Premises
29 Aug 6 Months Virtual Degla Plaza, Beacon Premises
31 Oct 6 Months Face To Face Degla Plaza, Beacon Premises
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Outline

A. External Financial Reporting Decisions
1. Financial statements
2. Recognition, measurement, valuation, and disclosure
B. Planning, Budgeting, and Forecasting
1. Strategic planning
2. Budgeting concepts
3. Forecasting techniques
4. Budgeting methodologies
5. Annual profit plan and supporting schedules
6. Top-level planning and analysis
C. Performance Management
1. Cost and variance measures
2. Responsibility centers and reporting segments
3. Performance measures
D. Cost Management
1. Measurement concepts
2. Costing systems
E. Internal Controls
1. System controls and security measures
F. Technology and Analytics
1. Information systems
2. Data governance
3. Technology-enabled finance transformation
4. Data analytics

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Who Should Attend

  • Whether you are an experienced accounting professional or a student who is now embarking on their professional journey
  • the C M A certification will give you a professional edge over others
  • allowing you to lead the financial growth of sought- after global organizations. It is ideal for accountancy or financial professionals carrying out the following duties: Preparation of financial statements Financial planning & analysis Monthly
  • quarterly
  • and year end close Auditing (external or internal) Budget preparation & reporting Manage general ledger and balance sheets Forecasting Company investment decision making Costing analysis Risk evaluation

Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.