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Self-Study Courses

Planning, Budgeting, and Forecasting: CMA Exam Part 1 -Section B (Currently Unavailable)

6 CPE Credits $18.17/credit hour
4.7 (70 ratings)
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

Publication Date: April 2017

Learning Objectives

  • 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.

Level
Overview

Instructional Method
Self-Study

NASBA Field of Study
Finance (6 hours)

Program Prerequisites
None

Advance Preparation
None

Instructor

Tom Coghlan

Tom Coghlan, CMA, MBA has worked at the intersection of accounting, information technology and decision making for over 30 years. His diverse set of experiences and roles include serving as:
  • Founder of CPE University, LLC, a provider of online and in-person CPE programs in operational analysis, managerial accounting, decision making, and ethics. He is one of the top CMA exam review instructors in North America, and has helped hundreds of people prepare to take the CMA examination
  • Founder of Appitur® Co., the developer of a mobile platform that provides exam prep companies with a branded app/web solution for their students to access study materials
  • Business Fellow and Instructor at Villanova University, where he taught graduate and undergraduate courses in Accounting and Analytics, and was the Director of the Center for Business Analytics
  • CFO and Director of Information Technology for a multi-national business unit of Imperial Chemical Industries
  • Partner and Vice President of Client Services for FirstQuarter, Inc., where he led projects that helped clients including Cordis (division of Johnson & Johnson), Del Monte Foods, Alcon, Analog Devices, and Stantec maximize their technology investments


  • Tom earned a BS degree in Business Administration from Drexel University, and an MBA from LaSalle University. Tom is a Certified Managerial Accountant (CMA), and passed the Certified Public Accounting (CPA) exam in Pennsylvania.
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