Overview

The CMA program enables finance and accounting professionals to master 12 core practice areas within the management accounting competency framework, including planning and budgeting, financial reporting, internal controls, technology and analytics, investment decision-making, and performance and risk management.

CMA-certified professionals can find employment opportunities across a wide range of industries, including:

  • Finance, insurance, and banking
  • Manufacturing, construction, and mining
  • Communication, transportation, and utility services
  • Real estate, mining, and education
  • Health and medical services
  • Government and not-for-profit

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Outcome

Discover how strategic planning determines the path an organization, and understand budgeting and forecasting techniques.


Demonstrate performance management measures and cost management concepts and systems.


Conduct and compute financial statements analysis efficiently.


Analyze decisions and recommend strategies and actions based on the analysis.


Identify the process of investment decision making and factors affecting it.

Details

Developed by: IMA - Institute of Management Accountants

Standard Total Hours: 96 Hrs

Language: English - Bilingual "English & Arabic"

Modalities: 
Next Rounds: 
Date Tenure Modality Venue
24 Nov 4 months Face To Face Holiday Inn - Riyadh
21 Dec 5 months Face To Face Degla Plaza, Beacon Premises
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Outline

A. External Financial Reporting Decisions
1. Financial statements
2. Recognition, measurement, valuation, and disclosure

B. Planning, Budgeting, and Forecasting
1. Strategic planning
2. Budgeting concepts
3. Forecasting techniques
4. Budgeting methodologies
6. Top-level planning and analysis

C. Performance Management
1. Cost and variance measures
2. Responsibility centers and reporting segments
3. Performance measures

D. Cost Management
1. Measurement concepts
2. Costing systems
3. Overhead costs
4. Supply chain management
5. Business process improvement

E. Internal Controls
1. Governance, risk, and compliance
2. System controls and security measures

F. Technology and Analytics
1. Information systems
2. Data governance
3. Technology-enabled finance transformation
4. Data analytics

A. Financial Statement Analysis
1. Basic financial statement analysis
2. Financial ratios
3. Profitability analysis
4. Special issues

B. Corporate Finance
1. Risk and return
2. Long-term financial management
3. Raising capital
4. Working capital management
5. Corporate restructuring
6. International finance

C. Decision Analysis
1. Cost/volume/profit analysis
2. Marginal analysis
3. Pricing

D. Risk Management
1. Enterprise risk

E. Investment Decisions
1. Capital budgeting process
2. Capital investment analysis methods

F. Professional Ethics
1. Business ethics
2. Ethical considerations for management accounting and financial management professionals
3. Ethical considerations for the organization

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Who Should Attend

  • Whether you are an experienced accounting professional or a student who is now embarking on their professional journey
  • the C M A certification will give you a professional edge over others
  • allowing you to lead the financial growth of sought- after global organizations. It is ideal for accountancy or financial professionals carrying out the following duties: Preparation of financial statements Financial planning & analysis Monthly
  • quarterly
  • and year end close Auditing (external or internal) Budget preparation & reporting Manage general ledger and balance sheets Forecasting Company investment decision making Costing analysis Risk evaluation

Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.