CMA® 3-Day-Tutorial Part 2
Tutorial Profile
This instructor-led tutorial by CA controller akademie relates to the CMA® part 2 exam, which is administered through the worldwide network of Prometric Testing Centers. The tutorial’s content is based on a condensed version of the Wiley CMA presentation materials. It focuses on those areas of the exam which typical early or mid-career European finance professionals have probably not been exposed to either in their previous education or through their professional work experience. This approach enables a targeted, highly interactive and practice-oriented learning experience beyond merely a presentation of Powerpoint slides. Advance preparation is not required.
The 3-day tutorial has a clearly defined structure and content covering subjects that are highly likely to be new and difficult to the participants. As for part 1, David Fairchild is our instructor. He is himself a CMA® and CPA® and writes test questions for the CMA® exam. Participants highly profit from his experience and excellent hints of how to take the exam. We aim to optimize the participant’s exposure to the subject matter of the CMA® exam by tailoring the tutorial’s contents to align with the education and professional work experience of a typical early or mid-career European finance professional. We therefore focus in particular on US-specific topics and CMA® content which such European finance professionals may not have been exposed to. In addition, the session will review the CMA® learning outcome statements to familiarize participants with the contents of the CMA® exam. The participants will be asked to review these statements and to reflect their existing knowledge. They will be exposed to exam situations and essay writing. This exposure will enable them to sit for the CMA® exam immediately or, if appropriate, target their further learning efforts more effectively.
Tutorial Contents
Overview
Contents of CMA® exam part 2
Review of the CMA® Learning Outcome Statements
Part 2 – Strategic Financial Management
A. Financial Statement Analysis
A.1 Basic Financial Statement Analysis
A.2 Financial Ratios
A.4 Special issues
B. Corporate Finance
B.1 Risk and return
B.2 Long-term financial management
B.6 International finance
C. Decision Analysis
C.1 Cost/volume/profit analysis
C.2 Marginal analysis
D. Risk Management
D.1 Enterprise risk
E. Investment Decisions
E.1 Capital budgeting process
E.2 Capital investment analysis methods
F. Professional Ethics
F.1 Business ethics
F.2 Ethical considerations for management accounting and financial management professionals
F.3 Ethical considerations for the organization
Conclusion
Miscellaneous topics including taking the exam. Answering individual questions.
Trainer
has extensive experience in multiple areas of corporate finance and accounting for US multinational corporations with operations in Germany, Austria and the Russian Federation. Certified Public Accountant (CPA) and Certified Management Accountant (CMA). Membership in the Institute of Management Accountants (IMA).
is partner and trainer of CA Akademie AG and responsible manager for its International Program and CAonAir online training. He provides controlling and finance training in German, English, French and Spanish. He assists companies in putting strategic, operational and financial controlling topics into practice. Furthermore, he is an IBCS® certified trainer for better reporting and an expert for clear presentations and business partnering. He specializes on project and sales controlling and psychological principles of clear communication and leadership competences for change projects. Dietmar Pascher is an industrial engineer for informatics and business administration. He began his professional career as a sales controller for Frischeis AG, Austria's biggest retailer for furniture industry supplies. He then joined KNAPP AG in Graz, Austria - a world leading supplier for warehouse logistics – working as a project manager and controller for international projects. Before joining CA Akademie AG he was director of research and development for KNAPP AG.