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Certified Management Accountant (CMA) Exam Overview

The Certified Management Accountant (CMA) designation is a prestigious credential within the fields of management accounting and financial management. This certification serves as a testament to an individual's expertise in financial planning, analysis, control, decision support, and adherence to professional ethics. The Certified Management Accountant (CMA) examination is comprised of two distinct parts, each centering on specific topics. Collectively, Part 1 and Part 2 function as objective assessments of an individual's knowledge and competence in the field of management accounting.

CMAs are esteemed global professionals in financial accounting, equipped with certified analytical skills to assist businesses in making strategic decisions. Holders of the Certified Management Accountant (CMA) certification are well-suited for roles in corporate financial accounting and strategic management. Additionally, CMAs play a crucial role in budget analysis, aiding companies in making well-informed strategic business decisions. Individuals who successfully pass the CMA exam are certified by the Institute of Management Accountants (IMA). It is noteworthy that CMA-certified professionals often command higher salaries compared to their non-certified counterparts.

CMA certifiacation logo
Exam number/code:
CMA
Number of questions:
200 multiple-choice
4 essay questions
Exam Fee:
$1,300
Question type:
multiple-choice questions
essay questions
Exam Duration:
4 hours/each exam
Continuing Education:
30 hours

Certified Management Accountant CMA exam has 2 parts

CMA Part 1: Financial Planning, Performance, and Analytics
CMA Part 2: Strategic Financial Management

The Certified Management Accountant (CMA) designation is a prestigious credential within the fields of management accounting and financial management. This certification serves as a testament to an individual's expertise in financial planning, analysis, control, decision support, and adherence to professional ethics. The Certified Management Accountant (CMA) examination is comprised of two distinct parts, each centering on specific topics. Collectively, Part 1 and Part 2 function as objective assessments of an individual's knowledge and competence in the field of management accounting.

CMAs are esteemed global professionals in financial accounting, equipped with certified analytical skills to assist businesses in making strategic decisions. Holders of the Certified Management Accountant (CMA) certification are well-suited for roles in corporate financial accounting and strategic management. Additionally, CMAs play a crucial role in budget analysis, aiding companies in making well-informed strategic business decisions. Individuals who successfully pass the CMA exam are certified by the Institute of Management Accountants (IMA). It is noteworthy that CMA-certified professionals often command higher salaries compared to their non-certified counterparts.

CMA certifiacation logo
Exam number/code:
CMA
Number of questions:
200 multiple-choice
4 essay questions
Exam Fee:
$1,300
Question type:
multiple-choice questions
essay questions
Exam Duration:
4 hours/each exam
Continuing Education:
30 hours

Certified Management Accountant CMA exam has 2 parts

CMA Part 1: Financial Planning, Performance, and Analytics
CMA Part 2: Strategic Financial Management

Certified Management Accountant CMA Exam FAQ

1.The CMA: Two Exam Parts Covering 12 Exam Topics

CMA 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

CMA Part 2: Strategic Financial Management
20% Financial Statement Analysis
20% Corporate Finance
25% Decision Analysis
10% Risk Management
10% Investment Decisions
15% Professional Ethics

2.CMA Certification Requirements:

1. Performance Management
2. Enroll in the CMA Program
3. Prepare for and Successfully Pass the CMA Exam
4. Educational Prerequisites: Possession of a Bachelor's degree or an approved professional certification
5. Accumulate Two Years of Full-time Relevant Work Experience or Four Years of Part-time Relevant Work Experience
6. Adhere to IMA Ethics Standards
7. Satisfy Continuing Education Requirements

3.What is Certified Management Accountant CMA dumps and practice questions?

SPOTO expert team has prepared CMA dumps for candidates, which covers real exam questions and answers, sample questions. All exam questions and answers are from the latest version of the exam and will have been reviewed multiple times by a team of experts. Candidates can use practice exams to evaluate your preparation for the Certified Management Accountant CMA exam and familiarize yourself with the exam difficulty in advance. In this practice simulation exercise of Cisco CMA dumps, you will learn what types of questions will be asked on the exam and the difficulty level at which you can be tested. CMA practice tests are the best exam preparation resources that will help you successfully pass the exam within a week.

4.What are the advantages of SPOTO CMA dumps questions?

1. Be consistent with the exam content and format. SPOTO practice questions are designed to mimic the content and format of a real exam. It contains real exam questions and answers so you can practice exams frequently and memorize exam questions.
2. Correct test answers. SPOTO not only provides the correct exam question format but also provides correct and detailed exam answers. Answers to CMA practice questions are reviewed by multiple SPOTO experts to ensure the correctness of the exam answers. And detailed answers help you truly understand the concepts, not just memorize the questions and answers.
3. Identify knowledge gaps. By seeing which areas or types of questions you struggle with, SPOTO questions can help you pinpoint gaps in your knowledge so you can target your study time more effectively.
5. Regularly update exam questions. SPOTO will update practice questions to reflect any changes to the real exam, ensuring your preparation remains up to date.
6. Convenient and flexible. SPOTO practice tests are available online 24/7, allowing you to study at your own pace, anytime, anywhere.

5.How much does CMA certification cost?

The cost of CMA certification is approximately $1,300, encompassing IMA membership fees, CMA program fees, and exam registration fees. It's important to note that this figure does not cover additional expenses such as obtaining a bachelor's degree or enrolling in review courses for the CMA exam.

6.What is CMA exam format?

Each section of the CMA exam consists of two types of questions, and 4 hours of total testing time for each exam part. with a specific quantity allocated to each:
1. 100 Multiple-Choice Questions (3 hours for the MCQs)
2.  2 Essay Questions(1 hour for the essays)
In the essay section, you must complete 8-10 written responses or calculation questions based on two scenarios describing a typical business situation.

To proceed to the essay section of the CMA exam, you are required to answer at least 50% of the Multiple-Choice Questions (MCQs) correctly. If you meet this criterion, the exam will introduce the essay questions either after you've completed all the MCQs or when 3 hours have elapsed, depending on which occurs first. It's crucial to note that once you transition to the essay section, you cannot return to the MCQ section; you are required to remain in the essay section until the completion of the exam.
 

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A recent survey also showed that many IT professionals experienced a 20% salary raise after getting certified. So if you want to get certified and seldom get time to prepare for it, our SPOTO can help you to pass the exam on the first try. We will help you to answer questions remotely during your exam. We will ensure your IT certification experience goes as smoothly as possible. You don't need to take training, do long preparation, or learn. We will handle everything for you!

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About SPOTO CMA practice questions FAQ

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When you use exam dumps, you will become CMA certified. SPOTO CMA practice questions are consistent with the real exam and provide detailed and correct exam answers. You just need to remember these exam answers to pass the exam successfully.

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Yes, we support distance learning. SPOTO provides an online mock test system where you can log in and practice exam questions anytime, anywhere.