EduCafia Study Notes -
Explore and download CMA USA notes used in our YouTube classes – available to everyone, anytime.
EduCafia Study Notes -
Explore and download CMA USA notes used in our YouTube classes – available to everyone, anytime.
Understanding and preparing financial statements such as the income statement, balance sheet, and cash flow statement. Covers key accounting principles like revenue recognition and asset valuation (inventory, fixed assets, intangibles).
Focuses on business planning methods including strategic planning, budgeting approaches (like zero-based and flexible budgeting), and forecasting tools to project future financial performance.
Covers how to measure and analyze business performance using tools like variance analysis, standard costing, responsibility centers, KPIs (Key Performance Indicators), and the balanced scorecard.
Explains cost concepts and systems such as job order costing, process costing, and activity-based costing (ABC). Also includes lean operations and ways to control and reduce costs effectively.
Focuses on designing and evaluating internal control systems, understanding the COSO framework, risk management, corporate governance, and compliance with laws like Sarbanes-Oxley (SOX).
Introduces the use of technology in accounting and finance, including data governance, cybersecurity, and the application of data analytics (descriptive, predictive, and prescriptive) and visualization tools.
Covers techniques for analysing financial statements using ratios, trend analysis, and common-size statements. Helps assess liquidity, profitability, solvency, and overall financial performance.
Focuses on financial decision-making related to cost of capital, working capital management, raising capital, dividend policy, and corporate restructuring including mergers and acquisitions.
Teaches how to make sound business decisions using cost-volume-profit (CVP) analysis, marginal analysis, pricing strategies, and risk assessment techniques.
Introduces identification and evaluation of financial and operational risks, and how to manage them through tools like insurance, hedging, and internal controls.
Covers capital budgeting techniques such as NPV, IRR, payback period, and discounted cash flows. Helps evaluate long-term investments and strategic projects.
Focuses on the IMA’s Statement of Ethical Professional Practice, including principles like honesty, fairness, objectivity, and responsibility. Includes guidance on resolving ethical conflicts in the workplace.