CMA Certified Management Accountant

Handbook

CMA Certified Management Accountant

What is the CMA The CMA (Certified Management Accountant) is the advanced professional certification

specifically designed to measure the accounting and financial management skills that drive

business performance.

Achieving the CMA credential demonstrates your mastery of financial planning, analysis,

control, and decision support, as well as professional ethics.

The CMA Credential

• On the critical skills you use in business.

Focused

• Leading employers seek to hire and promote CMAs. Companies such as 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, ConAgra, Hewlett-Packard, Johnson & Johnson, Microsoft, Procter & Gamble, KeyCorp, Whirlpool, Saudi Aramco, Verizon and Xerox have CMAs in key management roles.

Respected

• CMAs earn higher compensation than noncertified professionals.

Valued

• CMA exams are offered in hundreds of locations worldwide.

Convenient

Why and Who Should Apply for the CMA The Certified Management Accountant (CMA) designation reflects a demonstrated ability to

work across the breadth and depth of the entire accounting process within organizations as

well as a proficiency in decision-making, planning, and control functions. This certification

provides distinction in today's economic climate and affords the opportunity to certify your

expertise in the business areas that are critical to the decision-making process.

CMA Distinctions and Benefits As a CMA, you will be recognized for your achievement and distinguished from your peers.

This will increase your credibility and productivity as well as provide opportunities to assess

and demonstrate capabilities and expand your knowledge base. Businesses around the world

rely on CMAs for accounting, finance, information management, and most importantly, the

strategic planning and business solutions provided by these qualified professionals.

Management accountants are the valued business advisors who work across all areas of an

organization, in decision support, planning, and control functions. Their role is distinct from

the responsibilities of public accountants, who focus on audit, tax, and compliance. Some

common job titles for management accountants include:

CMA

Decison Making

Planning

Controlling

The Entire Accounting

Process

IMA Middle East Salary Survay As an international professional association, IMA® has increasingly assumed a leadership role

in driving the global growth of the management accounting profession. This trend is especially

reflected in the tremendous increase in IMA members in the Middle East. This growth raises

the question of how much IMA members in the region are paid, what factors affect their

compensation, and what factors affect their companies’ success. For more than 20 years, IMA

has published the results of annual salary surveys of its U.S. members. Now here are the results

of a similar salary survey of Middle East members.

CMA

Cost

Accountant

Treasurer

Vice President of Finance

Controller and

Financial Analyst

Finance manager

Internal Auditor

Staff Accountant

Join The CMA Courses

Now at Milestones

Course Schedule: Every Thursday From 6:30 PM till 9:00 PM

Course Location: Milestones Head Office, Antelias

Course Duration: 20 -22 weeks

Exams Schedule: Every, January- February, May-June, September-October

Exam Location: Amideast, Beirut, Down Town

The CMA Curriculum

1: Part One 2: Part Two

External Fin. Reporting Decision Financial Statement Analysis

Planning, Budgeting, & Forcasting Corporate Finance

Performance Management Decision Analysis & Risk Management

Cost Management Investment Decisions

Internal Controls Professional Ethics

The CMA Exams

1: Part One

Financial Planning Performance and Control

4 hours – 100 multiple choice questions and two 30- min essay questions

2: Part Two

Financial Decision Making

4 hours – 100 multiple choice questions and two 30- min essay questions

The exam parts can be taken in any order. Only one exam can be taken at a time.

Candidates must register to take one exam part within the first 12 months of entering the

program and must complete both exam parts within three years.

IMA Membership and Exam Fees

IMA Membership Fee (nonrefundable) $235

Certification Entrance Fee (nonrefundable) $240

Exam Fee $395 per part

Prometric Rescheduling Fee: to reschedule your appointment within 30 days of your

scheduled appointment $50

Please note:

Candidates must complete parts 1 and 2 of the CMA exam within three years of entry

into the program

Candidates also must register for an exam part within the first 12 months of entering

the program

Fees subject to change

Requirements

To be Certified as a CMA, Candidates must

fulfill both an education requirement and an

experience requirement in addition to passing

the exam

Bachelor's degree

from an accredited college

or university

Two continuous years

of professional experience

Foundational knowledge

of economics, basic statistics,

and fi nancial accounting

Gleim CMA Materials

We help you attain higher levels of knowledge (analysis, synthesis, and evaluation)

while you learn concepts and problem-solving techniques. Our mission is to maximize

knowledge transfer while minimizing your time, frustration, and cost. . We help people

help themselves succeed in their careers. We assist thousands of individuals each year.

We provide prompt, courteous service and satisfy virtually everyone who uses our

books, Test Prep Software, audios, online courses, and other services.

Visit www.milestones-mena.com or mail us on info@milestones-mena.com

Call 00961 4 402569 / 70 - 00961 70 124567