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Certified Management Accountant (CMA) Exam Preparation Training Course course hero image
Finance
Professional Certification
Accounting

Certified Management Accountant (CMA) Exam Preparation Training Course

5-Day Intensive Program

Session Details

Riyadh

SAR 10,500.00

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Khobar

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Jubail

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Jeddah

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Dubai

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Riyadh

SAR 10,500.00

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Session Details

Khobar

SAR 10,500.00

excl. VAT
Details
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Session Details

Jubail

SAR 10,500.00

excl. VAT
Details
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Session Details

Jeddah

SAR 10,500.00

excl. VAT
Details
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Session Details

Dubai

SAR 10,500.00

excl. VAT
Details
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Session Details

Riyadh

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Khobar

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Jubail

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Jeddah

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Dubai

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Riyadh

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Khobar

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Jubail

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Jeddah

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Dubai

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Riyadh

SAR 10,500.00

excl. VAT
Details
Book now

Session Details

Khobar

SAR 10,500.00

excl. VAT
Details
Book now
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Overview

This 5-day intensive Certified Management Accountant (CMA) Exam Preparation Training Course is designed to equip professionals with the knowledge and skills required to pass the CMA exam and excel in management accounting roles. The program focuses on the two-part CMA exam structure (Part 1: Financial Planning, Performance, and Analytics; Part 2: Strategic Financial Management). It combines theoretical frameworks, practical applications, and exam strategies, covering critical topics such as cost management, budgeting, financial analysis, risk mitigation, and professional ethics

Institute of Management Accountants (IMA)

The Institute of Management Accountants (IMA) is a globally recognized association for financial professionals, specializing in management accounting and financial leadership. With over 140,000 members in 150+ countries, IMA is renowned for its Certified Management Accountant (CMA) certification, which sets the standard for excellence in financial planning, analysis, and control. Its strength lies in a robust network of professionals, cutting-edge research, and continuous professional development opportunities, making it a leading authority in advancing strategic financial management and ethical business practices worldwide.

Course Objectives

By the end of this course, participants will:

  1. Master core concepts of financial reporting, cost management, and performance measurement.

  2. Develop strategic financial skills in decision analysis, investment appraisal, and corporate finance.

  3. Apply ethical standards as outlined in the IMA’s Statement of Ethical Professional Practice.

  4. Build exam readiness through practice questions, essay-writing techniques, and time management strategies.

  5. Align financial strategies with organizational goals using tools like balanced scorecards and variance analysis.

Who Should Attend?

This course is ideal for:

  • Finance Professionals: Financial Analysts, Cost Accountants, Controllers, CFOs.

  • Aspiring CMAs: Individuals seeking CMA certification to advance their careers in management accounting.

  • Auditors & Managers: Internal auditors, budget analysts, and professionals involved in strategic planning.

  • Recent Graduates: Bachelor’s degree holders in accounting, finance, or related fields preparing for the CMA exam.

Course Methodology

  • BK Management Team believe that learning is not only about acquiring technical skills, it is also about learning behaviors & Competencies that are desirable for work in plant operation & maintenance critical dimensions. Our holistic teaching develops our delegates' personal effectiveness to function both as an individual and as a team player. The course delivery & modes of instruction will incorporate theory , practical skills and Q&A sessions.

  • To enhance learning outcomes, theory sessions will comprise classroom based lecture that will intersperse with interactive discussions, scenario-based, case-study, group exercises, video clips, power point slides, learners' Guide and the application of various tools which will be provided to help in the delegates and participants of the learning’s objectives. With successful implementation of the learnt skills they are bound to enhance Individual & Organizational growth.

  • For online / Interactive Virtual sessions, Delegate should have a stable & good Internet connection on his Laptop.

Course Outline

Day 1: Fundamentals of Management Accounting
  • Introduction to CMA Exam Structure

    • Overview of Part 1 and Part 2 content weightings

  • Cost Concepts & Behavior

    • Fixed vs. variable costs

    • Cost-volume-profit (CVP) analysis

  • Costing Systems

    • Job order costing

    • Process costing

    • Activity-based costing

  • Ethics in Accounting

    • Overview of IMA’s ethical guidelines and fraud prevention.

Day 2: Budgeting & Performance Management
  • Strategic Planning

    • Aligning budgets with organizational goals.

  • Budgeting Techniques

    • Master budgets

    • Zero-based budgeting

    • Flexible budgeting

  • Variance Analysis

    • Comparing actual vs. planned results

    • Standard cost systems

  • Performance Metrics:

    • Balanced scorecards

    • KPIs

    • ROI

    • Residual income

Day 3: Financial Analysis & Decision-Making
  • Financial Statement Analysis:

    • Ratio analysis (liquidity, leverage, profitability).

  • Cash Flow Forecasting

    • Techniques for capital budgeting

    • Investment appraisal.

  • Decision Analysis

    • Marginal costing

    • Make-or-buy decisions

    • Pricing strategies

  • Technology & Analytics

    • ERP systems

    • Data visualization

    • Predictive analytics

Day 4: Strategic Financial Management
  • Corporate Finance

    • Capital structure

    • Cost of capital

    • Mergers & acquisitions

  • Risk Management

    • Hedging strategies

    • Diversification

    • Enterprise risk frameworks

  • International Finance

    • Exchange rate management

    • Global trade financing

  • Working Capital Management

    • Inventory

    • Receivables

    • Short-term credit

Day 5: Exam Readiness & Ethics
  • Internal Controls

    • Governance

    • Compliance

    • Audit requirements

  • Practice Exams

    • Simulated MCQ and essay questions with feedback

  • Ethical Scenarios

    • Case studies on resolving conflicts of interest and fraud

  • Final Review

    • Key takeaways

    • Study plan adjustments

    • Q&A session

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