CMA Certification Exam Training – Part 1
This CMA Part 1 Exam Training includes 5 comprehensive training with 17+ hours of video tutorials and Lifetime Access.
Through these tutorials, you shall learn all the topics of the CMA certification syllabus which focuses on Financial Reporting, Planning, Performance, and Control.
What you get in this CMA Certification Exam Training – Part 1?
About CMA Certification Exam Training – Part 1
|Courses||No. of Hours|
|CMA Exam Part 1 (Module #1) – External Financial Reporting Decisions||8h 27m|
|CMA Exam Part 1 (Module #2) – Planning, Budgeting and Forecasting||1h 8m|
|CMA Exam Part 1 (Module #3) – Performance Management||2h 37m|
|CMA Exam Part 1 (Module #4) – Cost Management||3h 9m|
|CMA Exam Part 1 (Module #5) – Internal Controls||1h 28m|
|Course Name||Online CMA Part 1 Certification Training|
|Deal||You get access to all 5 courses bundle. You do not need to purchase each course separately.|
|Hours||17+ Video Hours|
|Core Coverage||Financial Reporting, Planning, Performance, and Control|
|Course Validity||Lifetime Access|
|Eligibility||Anyone who is serious about learning accountancy and wants to appear for the CMA Certification|
|Pre-Requisites||Basic knowledge about Accountancy would be preferable|
|Type of Training||Video Course – Self Paced Learning|
|System Requirement||1 GB RAM or higher|
|Other Requirement||Speaker / Headphone|
CMA Certification Exam Part 1 – Curriculum
|Sr.No.||Course Name||No. of Hours||Course Description|
|1||External Financial Reporting Decisions||8||The CMA Level 1 Training Certification module will be covering optics that fall in the category of external financial reporting. Before beginning the actual course, the educator will be explaining everything about CMA certification. In order to refresh your knowledge regarding the subject covered in your accounts studies, there is a small brief in this video which is moreover an introduction to the jargon that will be used throughout the course. This unit will be having the content to fortify your financial decisions skill which will be leveraged to add a good score in this exam. Though the primary focus of this course is to endorse you in clearing this certification, the educator will train you in a practical way so that you can understand how financial reporting actually works. It will help you to understand the concepts precisely and in a short span of time. After finishing this unit, you will be able to answer all the questions based on financial reporting decisions.|
|2||Planning, Budgeting, and Forecasting||1||After the first unit, we will be covering this CMA Level 1 Training Certification module to understand planning, budgeting, and forecasting. In the certification exam, there are several questions that fall under this topic so the approach that educator has adopted to train you in this unit is exactly the same way as the questions are asked in the exam. The educator will be explaining to you how to perform planning, budgeting, and forecasting so that you can find it easy to do calculations based on problems related to these topics. This is going to be around an hour-long video where the educator will explain to you the methods that help in solving problems in less time. After completing this unit, you will be able to solve questions based on planning, budgeting, and forecasting.|
|3||Performance Management||2||Performance management covers a good number of questions on this exam. This CMA Level 1 Training Certification unit has been introduced to train students in solving problems that are based on performance management. You will be learning lots of new things that are not covered in the normal accounts syllabus but consider crucial in terms of CMA certification. In this video, the first hour has been given to explain what exactly happens in performance management. After that, the remaining video explains the methods that are required to solve performance management-based questions. After completing this unit you will be able to understand the complicated questions based on this topic and will also be able to solve that in pretty less time. It has to be noted that questions from this topic might be time-consuming so time has to be taken care of while practicing questions based on this.|
|4||Cost Management||4||This CMA Level 1 Training module and will cover one of the crucial topics i.e., cost management. The trainer will start with a brief introduction to this topic. You will be made to understand how the concept of cost management actually works. After the introduction part, you will be taught to solve the problem based on this topic. This unit is comprised of several examples and with the passing time, the complexity of the examples will keep on increasing. There are some of the important points that you will be supposed to note and the educator will highlight the points that have to be marked. You will be practicing questions through the unit. For some of the problems, the educator will show you the entire method of o solve them. While for some questions you will find answers only and not the complete solution. The good part is, for such questions the explanation of solutions will be given to you by the educator.|
|5||Internal Controls||1||This is the CMA Level 1 Training that has been introduced to make you cognizant about internal controls. The questions that fall under the course of this topic will be practiced using examples in this unit. There will be several questions in the exams related to this topic and the educator will explain to you how to solve such questions in comparatively less time. The example covered in this unit has been selected carefully to give you actual insight into what it is like working to solve such problems. There will be numerous examples in this unit and some of them will be just questions without a solution so that you can try your hands on those questions. Once the unit is over, you will be able to handle any question based that comes in the syllabus of the CMA certification exam.|
What is CMA?
CMA stands for Certified Management Accountant. It can be defined as the certification exam which is concerned with examining the financial analysis, planning, control of the candidate. It is a professional certification in the field of financial management. Anyone having an accounts background can opt for this certification exam to get a certified badge to their skill or knowledge. As the name of the certification states, one who qualifies this exam to become the certified accountant. This certification is very valuable among the accountants. Folks from non-accounts backgrounds can also opt for this certification if they want to grow their career in accounting. The question asked in this certification exam covers various aspects of financial management. After being CMA Level 1 certified, one becomes eligible to opt for CMA level 2.
This tutorial primarily focused on training the candidate on solving questions that are being asked in the CMA Level 1 exam. There are no hard and tough prerequisites for this CMA Part 1 training or to appear in the CMA level 1 exam but there are certain things that are considered helpful while preparing for this exam. The one thing is, you should be having a strong understanding of accounts. If you are from an accounts background, it will be very easy for you to complete this course and eventually clearing the exam. If you are not from a commerce background but eager to grow your career in the field of financial management, you will need to make yourself cognizant of accounting. In addition to the knowledge of accounts, there are some of the topics that you should be aware of in order to solve the problem and such topics are covered in this course.
The target audience for this CMA Part 1 training can be anyone who is willing to appear in CMA Level 1 examination. The professional who is already working in finance and wants to get their skills certified can be the best audience for this course. They will learn to solve every kind of question that are asked in this examination. There are several new things that they will be learning in this CMA Part 1 training which will eventually help them in clearing this exam. The students who are all set for the transformation as an employee can also opt for this course. They will be learning all the topics that they have barely came across in their subject topics. They will find it very convenient to prepare for this exam once they start this training. They will be able to crack this exam by practicing everything that has been taught in this CMA Part 1 training.
Career Benefits from CMA Part 1 Certification Exam
Though this exam is not that easy to be cracked, it offers huge benefits once cracked. The certified accountants are always preferred over the normal or non-certified accountants. The organization always wants to hire candidates who had their skills and knowledge certificated. Also, the compensation paid to the certified management accountant is way too high as compared to the normal accountant. If someone is looking to grow their career in the domain of financial management, they can opt for this exam and crack it in order to attract a better and lucrative future.
FAQs – General Questions
This course has been developed to train you on the questions that come under the syllabus of the CMA Level 1 exam. It may take around a month to complete this CMA Part 1 training but you will need to continue practising the questions taught in the course in order to qualify for the exam on the first attempt. Also, you will be required to devote three to four hours a day to prepare for this exam. Devoting more time than average fortify your understanding related to all the topics covered here.
It takes a huge effort to qualify for the CMA Level 1 exam. The candidates who are willing to attempt this exam usually find it very complicated to solve the question that comes under its syllabus. Opting for this CMA Part 1 training will ensure that the trainees are learning everything that it requires to qualify for this exam. Also, the simple way of explaining the calculation in detail is very helpful for the candidates.
Balanced Score Card
Process Costing – FIFO Method
Components of Internal Control
Course Reviews / Testimonials
This CMA Part 1 Training clearly explains the subcategory of corporate finance i.e. Investment risk and portfolio management (the rest of them might have covered in the other module)..concepts such as risk and return, CAPM, measures, and types of risk were well explained by the tutor with examples. But the indifference curves on portfolio management were just OK. Also, the tutor has taught long-term financial instruments. The course was helpful.
This CMA Part 1 Training helped me to understand the various ratios that affect the analysis of the statement. I liked all the videos and enjoyed the training. I am looking forward to other courses too. Would like to recommend this course to finance students.
Information provided about the topic was very useful and updated my knowledge about various ratios involved in the process of studying the financial statements. The video tutorials proved to update my skills and understanding of basic concepts in cost management accounting. Overall experience was good and enjoyed the online study tool very much.
The CMA Part 1 Training is just for 4 hours but it is explained in a very good way. It helped me during my college project. Each and every topic had examples and in a detail explanation. This apt for a beginner and revising for a professional. I never knew that we had to take averages in the denominator for few ratios. Worth being part of.
This is a wonderful course on CMA Part 1 Training. The lecturer has provided a long list of various ratios along with examples and the purpose of each ratio. I find the entire course has provided excellent knowledge for those who want to learn about financial statement analysis. I definitely have learned quite a bit from this course. Highly recommended.
This is a very informative CMA Part 1 Training. It covers almost everything about budgeting from types to forecasting. The educator is knowledgeable about the topics and has delivered the lecture very smoothly. The only opposite side of the course is all the materials, I mean lectures are covered for a novice like me, anyone looking something advanced will found less interest in the course.