CMA Part 1
CMA Part 1
titled "Financial Planning, Performance, and Analytics," focuses on internal management accounting, cost management, and internal controls. It is a 4-hour, 100-question exam (plus two 30-minute essays) that tests six key domains, including external financial reporting, budgeting, performance management, and technology.
CMA Part 1 Core Content AreasThe exam is structured around these six key areas:
Planning, Budgeting, and Forecasting (20%): Strategic planning, budget methodologies, and annual profit planning.Performance Management (20%): Cost and variance measures, responsibility centers, and performance measures.External
Financial Reporting Decisions (15%): Financial statement analysis, recognition, measurement, and valuation.Cost Management (15%): Costing systems, overhead costs, and supply chain management.
Internal Controls (15%): Governance, risk, and compliance.Technology and Analytics (15%): Information systems, data governance, and data analytics.
Exam Structure & DetailsFormat: 100 multiple-choice questions (MCQs) and 2 essay questions.Time Limit: 4 hours total (3 hours for MCQs, 1 hour for essays).Passing Score: 360 (out of 500).
Validity: Candidates must have a bachelor's degree and two years of .
At CanDle center , all candidates will be entitled for discounts up to 50% for CMA entrance fees and exam fees.