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TRUSTED BY OVER 2,500+ STUDENTS FROM TOP COMPANIES
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Why Elance?
- Exceptional Faculty Standards With 8+ Years of Experience
- Outstanding Track Record of Achievements
- Silver Approved Learning Partner of IMA
- Approved Partner of Hock International
- Top-Tier Placement Assistance
- Comprehensive Support from Faculties, Mentors & Coordinators
- Offline, Online & Hybrid Classes
- 24/7 Access to Elance Learning App
- Prime & Prime + Programs for Advanced Learning
Our CMA Faculties
The Elance Process
Learn from Industry Experts
At Elance, you'll receive instruction directly from industry experts, gaining invaluable insights and practical knowledge that can't be found in textbooks alone.
Get Certified
By studying at Elance, you'll not only acquire the necessary skills but also earn a prestigious certification, validating your expertise and setting you apart in the job market
Solve Real World Problems
Our curriculum at Elance focuses on real-world applications, ensuring you're equipped to tackle challenges faced in professional settings with confidence and competence.
Hands on Approach
With a hands-on approach to learning, Elance provides opportunities for practical application, allowing you to reinforce your understanding and develop practical skills that employers value.
Standout from Other Applications
Learning at Elance gives you a competitive edge, equipping you with the expertise and practical experience needed to stand out among other applicants in your field.
Showcase your Skills
Through projects and real-world simulations at Elance, you'll have the chance to showcase your skills and expertise, demonstrating your readiness to excel in the workforce.
Course Syllabus
CMA exams are conducted as two parts with 12 Competencies.
15% External Financial Reporting Decisions
The section includes the basics of accounting like financial statements, understanding the elements of financial statements, revenue recognition, etc.
It contains Balance sheets, Income statements, Statement of changes in equity, Statement of cash flows, Recognition, measurement, valuation, disclosure, Valuation of assets, Valuation of liabilities, Accounting for income taxes and leases, & Expenses and revenue recognition etc.
20% Planning, Budgeting, and Forecasting
This section assesses a candidate's ability to combine accounting concepts with practical financial skills.This is where you will demonstrate the high-level strategy skills of Certified Management Accountants.
20% Performance Management
This section covers three main areas: Flexible budgets, Transfer pricing methods, Balanced scorecard, Standard costing, and Variance analysis. It brings together many principles that enable good people management practice, including learning and development, performance measurement, and organizational development
15% Cost Management
This section covers accounting and operational aspects of business, such as: costing, overhead, and supply chain. Life cycle costing, Target costing, Kaizen costing, Value analysis and value engineering, Throughput costing, Business process re-engineering, Lean accounting, & Socio economic costing, etc. topics are included in this section.
15% Internal Controls
The procedures for internal controls are subject to legislation.This section contains Governance, risk, and compliance & system controls and security measures.
15% Technology and Analytics
It deals with high level topics like how to use information systems, how to manage data, and how to automate financial tasks. The topics include Information systems, Date governance, Technology-Enabled Finance Transformation & Data Analysis.
Frequently Asked Question
Certified Management Accountant is a professional certification credential in the management accounting and financial management fields by MA® (Institute of Management Accountants).