CMA – Certified Management Accountant هذه الدورة تدرس باللغة الإنجليزية

تفاصيل الدورة

The Certified Management Accountant (CMA) program is designed to provide participants with advanced financial management and strategic management skills. This course prepares professionals for leadership roles in finance by focusing on the essential aspects of management accounting and financial management. From understanding external financial statements and cost management concepts to mastering internal controls and performance measurement techniques, this program ensures participants are well-equipped to handle complex financial decision-making processes.

Course Outline

1. External Financial Statements & Revenue Recognition

• Overview of financial statements: Balance Sheets, Income Statements, and Cash Flow Statements.
• Revenue Recognition Principles: Understanding the criteria for recognizing revenue in various types of transactions.

2. Measurement, Valuation & Disclosure – Investments & Short-Term Items

• Valuation and reporting of Investments, Receivables, and Inventory.
• Disclosure Requirements for short-term financial items.

3. Measurement, Valuation & Disclosure – Long-Term Items

• Accounting for Long-Term Investments, Tangible Assets, and Intangible Assets.
• Depreciation and Amortization Methods.
• Disclosure Requirements for long-term assets.

4. Cost Management Concepts

• Fundamental Cost Management Principles.
• Fixed vs. Variable Costs and their impact on decision-making.
• Introduction to Cost-Volume-Profit (CVP) Analysis.

5. Cost Accumulation Systems

• Understanding different cost accumulation systems: Job Order Costing, Process Costing, and Activity-Based Costing (ABC).
• Applications of each system in various industries.

6. Cost Allocation Techniques

• Methods for allocating Overhead Costs.
• Joint Cost Allocation and By-Product Accounting.

7. Operational Efficiency and Business Process Performance

• Strategies to enhance Operational Efficiency.
• Key Performance Indicators (KPIs) and techniques for measuring Business Process Performance.

8. Analysis & Forecasting Techniques

• Financial Ratio Analysis: Liquidity, profitability, and solvency ratios.
• Forecasting Techniques: Time-series analysis, regression analysis, and other quantitative forecasting methods.

9. Budgeting – Concepts, Methodologies, and Preparation

• Key budgeting concepts and their role in strategic planning.
• Different types of budgets: Operating Budgets, Capital Budgets, and Cash Budgets.
• Preparation Techniques for effective budget planning.

10. Cost & Variance Measures

• Understanding Standard Costs and the process of setting cost standards.
• Variance Analysis: Calculating and interpreting Material, Labor, and Overhead Variances.

11. Responsibility Accounting and Performance Measures

• Responsibility Centers: Cost centers, profit centers, and investment centers.
• Performance Measurement Tools: Return on Investment (ROI), Residual Income, and Economic Value Added (EVA).

12. Internal Controls – Risk & Procedures for Control

• Identifying and assessing Financial Risks.
• Designing and implementing Internal Control Systems to mitigate risks.
• Understanding Control Procedures to safeguard assets and ensure accurate reporting.

13. Internal Control – Internal Auditing & Systems Controls

• Introduction to Internal Auditing: Roles, responsibilities, and key processes.
• Understanding Systems Controls and the importance of maintaining accurate and reliable financial information.

By completing this program, participants will gain a strong foundation in management accounting, equipping them with the skills to analyze financial data, develop strategic management plans, and implement effective internal controls. This course will prepare participants for the CMA certification exam, ensuring they are well-prepared for a career in financial management and leadership.