CMA Part 1 Course Outline (by IMA)

CMA Learning System™, version 3.0 Part 1: Financial Planning, Performance and Control [insert name of college/university] Instructor-led Classroom Syllabus Session Number Date Held Content Covered Assignments (to be completed prior to next class session) Session Duration 1 [insert date] Course Introduction Introduction to CMA Credential and CMA Learning System Section A: Planning, Budgeting and Forecasting · Topic 1: Budgeting Concepts · Topic 4: Annual Profit Plan and Supporting Schedules Session 1 Exercise: Preparing Operating Budgets and Pro Forma Income Statement · Read CMALS Self-study Section A: Planning, Budgeting and Forecasting · Take the Online Practice Test for Section A 3 hours 2 [insert date] CMA Exam Study Tips Section A: Planning, Budgeting and Forecasting (continued) · Topic 4: Annual Profit Plan and Supporting Schedules (continued) Session 2 Exercise: Preparing a Cash Budget Section A: Planning, Budgeting and Forecasting (continued) · Topic 3: Budgeting Methodologies · Topic 5: Top-level Planning and Analysis · Review CMALS Self-study Section A: Planning, Budgeting and Forecasting · Take the Online Practice Test for Section A · Review the Section A Multiple Choice Practice Questions in Text (to be completed during Session Three) 3 hours 3 [insert date] Section A: Planning, Budgeting and Forecasting (continued) · Topic 2: Forecasting Techniques Session 3 Exercise: Preparing Pro Forma Financial Statements, Determining External Funding Needs and Performing Sensitivity Analysis Section A Multiple Choice Practice Questions in Text · Review CMALS Self-study Section A: Planning, Budgeting and Forecasting · Take the Online Practice Test for Section A · Read Section B: Performance Measurement · Take the Online Practice Test for Section B 3 hours 4 [insert date] Section B: Performance Measurement · Topic 1: Cost and Variance Measures Session 4 Exercise: Current Variance Section B: Performance Measurement · Topic 2: Responsibility Centers and Reporting Segments · Review CMALS Self-study Section B: Performance Measurement · Take the Online Practice Test for Section B · Review the Section B Multiple Choice Practice Questions in Text (to be completed during Session Five) · Read Section C: Cost Management 3 hours 5 [insert date] Section B: Performance Measurement (continued) · Topic 3: Performance Measures Session B Multiple Choice Practice Questions in Text Section C: Cost Management · Topic 1: Measurement Concepts · Review CMALS Self-study Section B: Performance Measurement · Take the Online Practice Test for Section B · Review CMALS Self-study Section C: Cost Management · Take the Online Practice Test for Section C 3 hours 6 [insert date] Session 6, Exercise #1: Variable vs. Absorption Costing Section C: Cost Management (continued) · Topic 2: Costing Systems Session 6, Exercise #2: Equivalent Units in Process Costing · Review CMALS Self-study Section C: Cost Management · Take the Online Practice Test for Section C 3 hours 7 [insert date]] Section C: Cost Management (continued) · Topic 3: Overhead Costs · Topic 4: Operational Efficiency · Topic 5: Business Process Performance · Review CMALS Self-study Section C: Cost Management · Take the Online Practice Test for Section C · Review the Section C Multiple Choice Practice Questions in Text (to be completed during Session Eight) · Read CMALS Self-study Section D: Internal Controls · Take the Online Practice Test for Section D 3 hours 8 [insert date] Section C Multiple Choice Practice Questions in Text Section D: Internal Controls · Topic 1: Risk Assessment, Controls and Risk Management · Topic 2: Internal Auditing · Review CMALS Self-study Section D: Internal Controls · Take the Online Practice Test for Section D · Review the Section D Multiple Choice Practice Questions in Text (to be completed during Session Nine) · Read CMALS Self-study Section E: Professional Ethics · Review the Section E Multiple Choice Practice Questions in Text (to be completed during Session Nine) 3 hours 9 [insert date] Section D: Internal Controls (continued) · Topic 3: Systems Controls and Security Measures Section D Multiple Choice Practice Questions in Text Section E: Professional Ethics · Topic 1: Ethical Considerations for Management Accounting and Financial Management Professionals Section E Multiple Choice Practice Questions in Text · Review CMALS Self-study Section D: Internal Controls · Take the Online Practice Test for Section D · Review CMALS Self-study Section E: Professional Ethics · Take the Online Practice Test for Section E · Review the Essay Practice Questions in CMALS Self-study 3 hours 10 [insert date] CMA Exam Tips Writing Answers to Essay Questions Essay Practice Questions in Text What to Expect at the Testing Center Course Wrap-Up · Review Sections A, B, C, D and E · Take the Online Trial Exam for All of Part 1 3 hours Thank you for attending the [insert institution’s name] CMA Learning System, Part 1 Review Course and good luck with taking the CMA exam! ©copyright 2009 Institute of Management Accountants page 1