CMA Part 1

Part 1: Financial Planning, Performance, and Analytics

• 15% External Financial Reporting Decisions
• 20% Planning, Budgeting, and Forecasting
• 20% Performance Management
• 15% Cost Management
• 15% Internal Controls
• 15% Technology and Analytics

1. To establish management accounting as a recognized profession by identifying the role of the management accountant and financial manager, the underlying body of knowledge, and course of study by which such knowledge is acquired;
2. To encourage higher educational standards in the management accounting field;
3. To establish an objective measure of an individual’s knowledge and competence in the field of management accounting; and
4. To encourage continued professional development by management accountants.