There are two subjects in CMA examination for management accountants, namely Financial Planning, Performance and Analysis and Strategic Financial Management. You can apply for one of the subjects first, or you can apply for two subjects in one examination window at the same time. However, after the first subject passes the examination, the second subject must pass within three years. Otherwise, the first qualified subject examination results will be invalid and you need to take the examination again. The specific examination contents are as follows: Click View → More CMA registration and certificate-holding questions.

The specific exams are as follows:

Part 1: financial planning, performance and analysis

1, financial reporting decision (15%)

The main contents are financial statements; Confirmation, measurement, valuation and disclosure;

2. Planning, Budget and Forecast (20%)

The main content is strategic planning; Budget concept; Prediction technology; Budget method; Annual profit plan and schedule; Top planning and analysis;

3. Performance management (20%)

The main content is cost and variance accounting; Responsibility center and reporting department; performance appraisal

4. Cost management (15%)

The main content is the concept of measurement; Cost calculation system; Indirect cost; Supply chain management; Business process improvement;

5. Internal control (15%)

The main content is governance, and risks are subject to laws and regulations; System control and safety measures;

6. Technology and Analysis (15%)

The main content is information system; Data control; Financial transformation of technical support; Data analysis; Click here → Free consultation with CMA teachers in Gao Dun.

Part2: Strategic Financial Management

1, financial statement analysis (20%)

The main content is the analysis of basic financial statements; Financial ratio; Profitability analysis; Special problems;

2. Corporate Finance (20%)

The main content is risk and reward; Long-term financial management; Raise capital; Working capital management;

3, decision analysis (25%)

The main content is cost/quantity/profit analysis; Marginal analysis; Pricing;

4. Risk management (10%)

The main content is enterprise risk. Candidates should be able to identify and explain different types of risks, including commercial risk, hazard risk, financial risk, operational risk and strategic risk.

5. Investment decision (10%)

The main content is the capital budgeting process; Analysis method of capital investment. Candidates should be able to define capital budgeting and identify the steps or stages taken in formulating and implementing capital budgeting for a project; Understand two main discounted cash flow (DCF) methods, net present value (NPV) and internal rate of return (IRR)

6. Professional Ethics (15%)