Certified Management Accountant (CMA)- Part 1

This DIXONTECH course is designed to prepare participants for the Certified Management Accountant (CMA) Part 1 examination, focusing on the principles of Financial Planning, Performance, and Analytics. The course covers all key topics from the IMA framework, combining conceptual clarity with real world applications to strengthen financial decision making, analytical reasoning, and internal control capabilities essential for professional management accountants.

TRAINING TOPICS

• External financial reporting decisions
• Planning, budgeting, and forecasting
• Performance management and variance analysis
• Cost management systems and analysis
• Internal controls and compliance frameworks
• Technology, data analytics, and reporting tools

BY THE END OF THIS TRAINING COURSE, DELEGATES WILL BE ABLE TO:

•   Prepare and interpret financial statements under GAAP/IFRS
•   Develop and analyze budgets and forecasts
•   Evaluate organizational performance using key metrics
•   Apply cost management tools for efficiency and profitability
•   Implement effective internal control systems
•   Utilize data analytics for management reporting
•   Strengthen decision making using financial insights
•   Prepare confidently for the CMA Part 1 exam

TRAINING IS TAILORED TO

•   Accountants and finance professionals preparing for CMA certification
•   Management accountants and controllers
•   Financial analysts and planners
•   Budgeting and cost control specialists
•   Internal auditors and risk managers
•   Business consultants and advisors
•   Treasury and compliance officers
•   University graduates in accounting or finance

TRAINING METHODOLOGY

This DIXONTECH training integrates theoretical instruction with exam focused practice sessions, case studies, and problem solving workshops. Participants will work through CMA style questions, practical scenarios, and mock exams designed to enhance mastery of the IMA learning outcomes and real world management accounting applications.

DAY 1

EXTERNAL FINANCIAL REPORTING DECISIONS

•   Overview of the financial reporting environment
•   Generally Accepted Accounting Principles (GAAP) vs. IFRS
•   Financial statements: income, balance sheet, cash flow, equity
•   Revenue recognition and expense matching principles
•   Valuation and measurement of assets and liabilities
•   Accounting for leases, investments, and deferred taxes
•   Disclosure and presentation requirements
•   Case study: analyzing financial reports for decision making

DAY 2

PLANNING, BUDGETING, AND FORECASTING

•   Strategic and operational planning processes
•   Budgeting types: fixed, flexible, and rolling
•   Zero based and activity based budgeting approaches
•   Forecasting models and trend analysis techniques
•   Quantitative forecasting: regression and time series
•   Linking budgets to corporate strategy and KPIs
•   Variance and sensitivity analysis in planning
•   Workshop: preparing a comprehensive master budget

DAY 3

PERFORMANCE MANAGEMENT

•   Key performance indicators (KPIs) and metrics
•   Variance analysis for revenues and costs
•   Balanced Scorecard and strategic performance tools
•   Responsibility centers and performance evaluation
•   ROI, residual income, and economic value added (EVA)
•   Transfer pricing methods and behavioral impacts
•   Analyzing productivity and capacity variances
•   Simulation: evaluating divisional and corporate performance

DAY 4

COST MANAGEMENT AND INTERNAL CONTROLS

•   Cost classification, behavior, and allocation methods
•   Job order, process, and activity based costing systems
•   Standard costing and variance interpretation
•   Cost volume profit (CVP) and break even analysis
•   Responsibility accounting and cost control mechanisms
•   Internal control objectives and frameworks (COSO)
•   Risk management, compliance, and control monitoring
•   Workshop: implementing cost and control measures

DAY 5

TECHNOLOGY, ANALYTICS, AND EXAM PREPARATION

•   Technology trends affecting management accounting
•   Data governance and business intelligence systems
•   Data visualization and dashboard reporting
•   Analytical tools for financial performance evaluation
•   Exam content structure and time management tips
•   CMA style practice questions and mock test
•   Review of key concepts and formula summaries
•   Final session: exam readiness assessment and feedback