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What are the subjects of US CMA Exam?
The US CMA course is gaining popularity,
especially among those who want to start their
careers in management accounting and Finance. For
this reason, the CMA course is designed to
evaluate critical accounting and financial
management skills relevant to success in a
business environment. Therefore, choosing a CMA
as a career option is a great idea.
If you are curious about the US CMA course
details, Simandhar Education is here to help you
provide more information on the
course. Certified Management Accountant, also
known as CMA is the highest standard
professional certification that one can earn in
advanced management accounting and Finance. The
US CMA is a globally recognized certification
offered by the Institute of Management
Accountants (IMA), the largest and most respected
association for management accounting and
finance professionals.
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Scope of US CMA The role of a certified
management accountant is to provide services
related to finance and accounting, including
preparing financial statements, preparing tax
returns, and providing business analysis. They
also offer consulting services on all aspects of
the business. A CMA USA has undergone extensive
education in accounting, auditing, financial
reporting, and taxation. In addition, they are
trained to understand the use of financial
information in decision-making processes. This is
one of the most significant roles that allow
them to provide valuable advice about how an
organization can make decisions based on its
finances. CMA professionals work with
manufacturing and services, public and private
enterprises, not-for-profit organizations,
academic institutions, government entities, and
multinational corporations. CMAs may hold top
management positions in public and private
sectors in their specialized knowledge and
training. Below are some reputed job positions
after obtaining CMA USA certification.

• Staff Accountant Responsible for reconciling
  bank transactions, preparing financial reports
  for management inspection, and handling the
  payrolls.

• Budget analysts Responsible for monitoring and
  analysing their organizations financial
  condition.

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• Finance Manager Managing the income and
  expenditure of other people or organizations.

• Finance Manager Managing the income and
  expenditure of other people or organizations.
• Financial Analysts Evaluate the financial
  statements of operations, assets, operations, and
  liabilities of a company.
• Internal auditor Conducts audits of an
  organizations financial records and processes to
  ensure the accuracy of its information and
  compliance with relevant laws.
• Chief Executive Officer Making the major
  corporate decisions, managing any organizations
  overall operations and resources.
• Cost Accountant Planning the companys budget,
  setting standard costs, and suggesting
  cost-saving opportunities.
• Chief Financial Officer Manage the companys
  finances, including financial planning, managing
  financial risks, record-keeping, and financial
  reporting.

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• Other benefits of having CMA USA certification
• You might be still wondering, why should I
  become a US CMA? Simandhar Education,
  the leading training institute of CMA course in
  India, here outlines the reasons for how getting
  CMA certification will advance your accounting
  career.  
• Open doors into the business world
• Global opportunities
• Growth in terms of earning
• Multiple career opportunities
• Value as an employee
• However, to become CMA and obtain CMA
  certification, candidates must become a member of
  the Institute of Management Accountants (IMA),
  meet CMA eligibility criteria (educational and
  experience requirement), and pass part 1 and part
  2 CMA exams. 
• As passing the Certified Management Accountant
  Exam is the first to achieve the benefits of
  becoming CMA, lets focus more on the US CMA
  Examination.

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CMA Exam Details The CMA USA Certification
comprises a single-level computer-based
examination divided into parts (Part 1 and Part
2). CMA candidates can attempt any part of the
CMA examination in any order as per their
convenience.  The Institute of Management
Accountants (IMA) provides a six-month testing
frame divided into three testing windows
January- February, May-June, and
September-October. IMA also allows the
flexibility in scheduling the US CMA exam as per
the candidates convenience within the mentioned
testing windows. The duration of the US CMA
exam is 4 Hours for CMA Exam Part 1 Part
2(three hours for 100 multiple choice questions
and one hour for essay questions). The essay
section of the CMA exam includes 10-12 written
response or calculation questions based on
typical business scenarios. Prometric
administers CMA Exams with centres across the
globe, and candidates are required to schedule
their exams at least 72 hours prior. It is
recommended to schedule the exam at best four
weeks ahead.
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CMA Exam Scoring  To pass the Certified
Management Accountant Exam, candidates must score
at least a 360 out of 500. All scores on the CMA
Exam parts are expressed as scaled scores to
maintain consistency across candidates. If
candidates fail the US CMA Examination, Prometric
will send a  performance report email detailing
their performance in each key topic area. This
report is emailed around two weeks after they
receive the exam results. This is a great way to
assess the most challenging areas and prepare
more effectively for their next
attempt.  However, CMA candidates cannot take
any part of the exam more than once during a
testing window, so they will have at least one
full month to plan a CMA Exam study
strategy. CMA candidates are also eligible for
exam awards based on Parts 1 and Part 2. To
qualify for this award, they must pass the two
parts of the CMA exam on the first attempt within
one two-month testing window.
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Subjects of US CMA Exam The two different
subjects which are considered as parts of the CMA
Exam are  CMA Part 1 Financial Reporting,
Planning, Performance, and Analytics CMA Part
2 Strategic Financial Management CMA Part 1 and
Part 2s primary objective is to measure a
candidates knowledge and proficiency in
management accounting. Now, lets see the
subjects covered and what CMAs are expected to
perform from training in Part 1 and Part 2 US CMA
Exam in detail.

• Part 1 CMA Financial Reporting, Planning,
  Performance and Analytics
• External Financial Reporting Decisions (15)
• External financial reporting decisions are
  increasingly becoming a more critical role for
  accounting firms and auditors. The findings often
  require substantial judgment and expertise in
  accounting, finance, and business, so companies
  often consider Certified Management Accountants.
• .

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• Planning, Budgeting, And Forecasting (20)
• Planning, Budgeting, and Forecasting (PBF) is a
  managerial process that involves forecasting an
  organizations future performance and budget. It
  is the process of developing a plan for the whole
  year or what may happen during a specific period.
• Performance Management (20)
• Performance management has become more critical
  in the last few years as organizations are trying
  to maintain competitive performance levels.
  Companies can achieve it by tracking metrics,
  goals, and tasks.
• Cost Management (15)
• It is necessary for managing the costs of various
  tasks in the business, such as procurement,
  manufacturing, distribution, and marketing.
  Proper cost management can help ensure that a
  company can maintain its operations with minimal
  impact on its overall profitability.
• Cost Management (15)
• It is necessary for managing the costs of various
  tasks in the business, such as procurement,
  manufacturing, distribution, and marketing.
  Proper cost management can help ensure that a
  company can maintain its operations with minimal
  impact on its overall profitability.

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• Internal Controls (15)
• Internal controls help ensure that the company is
  not at risk of any financial fraud and let the
  executives and finance team members know about
  any unusual transactions. This information can be
  used by management to decide how they want their
  company to be run.
• Technology Analysis (15)
• When organizations take the financial report from
  the past and merge it with the risk, analytics
  come into action. Therefore, every enterprise
  looks for an Accountant whose analytical skills
  could support the prediction

• Part 2 CMA Strategic Financial Management
• Financial Statement Analysis (20)
• Financial statement analysis is a way of
  analysing the financial information that
  companies provide. The vital information of the
  financial statement includes revenue, expenses,
  assets, liabilities, equity, and cash flow.
•  
• Corporate Finance (20)
• Corporate Finance includes the process of issuing
  stocks, bonds, or other securities to raise
  capital. It also has corporate governance issues,
  including financial reporting, corporate
  accounting, and auditing standards.

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• Decision Analysis (25)
• Companies are increasingly using decision
  analysis when they face complex decisions that
  have many possible outcomes. It is a way to
  evaluate the possible outcomes of a situation to
  determine which action will bring the best
  results.
• Risk Management (10)
• Risk management is an essential component of the
  decision analysis of any organization. It helps
  the decision-maker expert in Finance to decide
  whether the cost of taking a risk outweighs its
  potential benefit or not
• Investment Decisions (10)
• Investment decisions will explore the critical
  factors that influence the decisions made by
  organizations, including risk, cost, and
  potential returns. This analysis by CMA helps
  companies make better decisions by focusing on
  past data and future projections of their
  investments.
• Professional Ethics (15)
• This section covers the Institute of Management
  Accountants (IMAs) Statement of Ethical
  Standards, easy to understand. However, CMAs are
  required to memorize the standards and learn to
  apply them to practical business situations.
• .

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It is important to note that passing all
the subjects of the US CMA exam is mandatory to
obtain CMA certification and earn the potential
benefits of a CMA course. But, how to pass
the CMA Exam on the first try? Simandhar
Educations US CMA course training is a hands-on
experiential program that helps you clear the
exam on the first attempt and provide placement
support. Our live interactive classes for CMA
courses are well designed for students,
employees, and financial professionals. Need
more information on the US CMA course? Visit our
website https//simandhareducation.com/  and if
you have any queries, please contact Us _at_
7780273388, E-mail us-info_at_simandhareducation.com