Planning, Budgeting, and Forecasting: CMA Exam Part 1 -Section B
Author: Tom Coghlan
||6 hours for CPAs
Certified management accountants (CMAs) are uniquely able to blend their knowledge of accounting concepts with practical finance skills. About one in three CMAs are also certified public accountants (CPAs), making them valuable assets for any financial team.
To qualify for a CMA position, CPAs and other financial professionals must become appropriately certified. The CMA certification complements other credentials and degrees, as evidenced by the growing population of dual CPA-CMAs. To help you become certified, CCH CPELink offers Planning, Budgeting, and Forecasting: CMA Exam Part 1 - Section B. Covering a broad range of pertinent topics, this CMA budgeting course will help prepare you for the CMA certification exam.
NOTE: This course is excluded from our Value Pass, Self-Study Package, Webinar Package, Self-Study & Webinar Package, and Firm Package subscription programs.
About the Course
Planning, Budgeting, and Forecasting: CMA Exam Part 1 - Section B is a six-hour online course that specifically prepares you for Part 1, section B of the CMA exam. Because Wolters Kluwer is an approved CPE sponsor with the National Association of State Boards of Accountancy (NASBA), this self-study finance course is suitable for CPAs in all 50 states, Washington, D.C., and Puerto Rico. It is also suitable for the following professionals:
- Financial offers and controllers
- Financial accountants
- Managerial and cost accountants
- Financial and business analysts
- Budget managers and analysts
- Risk managers
- Chief information officers and information technology professionals
This course is excluded from the following subscription programs:
Value Pass, Self-Study Package, Webinar Package, Self-Study & Webinar Package, and Firm Package.
Publication Date: April 2017
- This course was designed by Tom Coghlan, CMA, MBA, who has more than 30 years of experience in accounting, information technology, and decision-making. Using his wealth of expertise, he will coach you through strategic planning, budgeting concepts and methodologies, forecasting, operation budget cycles, and pro forma financial statements. This course also covers correlation and regression, the learning curve, capital expenditure and cash budgets, and top-level planning and analysis.
Designed to teach and reinforce CMA budgeting principles, this course also prepares students for the analytical and critical thinking components of the CMA exam. To this end, graduates will have gained a deeper understanding of strategic planning, Michael Porter's generic strategies, SWOT analyses, learning curve analyses, business and statistical forecasting, and a variety of budget forms, including operating budgets and cash expenditure budgets.
Additionally, students will have also learned how to use situational, and competitive analysis, as well as scenario planning, contingency planning, and the BCG growth-share matrix. Plus, they'll have gained a greater insight into preparing and following pro forma financial statements and other important skill sets.
NASBA Field of Study
Finance (6 hours)