Introduction:
A certified management accountant is a financial professional who has earned the Certified Management Accountant (CMA) certification from the Institute of Management Accountants (IMA). A CMA typically applies in corporate finance or managerial roles in business under various job titles, including corporate accountant, financial analyst, cost accountant, risk manager, industrial accountant, controller, CFO, and other related jobs in financial management The key features behind any successful enterprise are having a powerful circle of expert business advisors and remaining organised and informed at all times through timely and well-formatted reports and records. It is precisely these services that a Management Accountant delivers, integrating accounting, finance and management to drive businesses towards success.
Objectives:
At the end of this course the participants will be able to:
- Demonstrating mastery of the skills and knowledge necessary to excel in management accounting and financial management.
- Enhancing the professional credibility and marketability of management accountants by demonstrating a commitment to ongoing professional development and ethical behavior.
- Providing a globally recognized certification that demonstrates a commitment to excellence in the field of management accounting and financial management.
- Enabling management accountants to better support their organizations in achieving strategic goals by providing them with a comprehensive understanding of financial and business management.
- Advancing the profession of management accounting by promoting high standards of education, ethics, and professional competence
Course Outline:
Part 1:
- Financial Planning, Performance and Analytics
- External financial reporting decisions
- Planning, budgeting and forecasting
- Performance management
- Cost management
- Internal controls
Part 2:
- Strategic Financial Management
- Financial statement analysis
- Corporate finance
- Decision analysis
- Risk management
- Investment decisions
- Professional ethics