CMA Part 1: Financial Reporting, Planning & Performance Event, 25.Aug.2025

Course Description

This comprehensive 15-day course prepares candidates for the CMA Part 1 exam, focusing on Financial Reporting, Planning, Performance, and Analytics. Participants will gain in-depth knowledge of external financial reporting, budgeting techniques, performance management, cost management, internal controls, and technology applications in finance.

Learning Objectives

• Understand and apply principles of external financial reporting and GAAP/IFRS standards
• Develop proficiency in planning, budgeting, and forecasting techniques
• Master performance management tools and metrics for effective decision-making
• Gain expertise in cost management strategies and internal control systems
• Learn to leverage technology and analytics for financial analysis and reporting

Course Modules

Day 1: Introduction to Financial Reporting

• Overview of financial statements
• GAAP and IFRS frameworks
• Recognition and measurement principles
• Financial statement analysis basics

Day 2: Advanced Financial Reporting

• Consolidated financial statements
• Segment reporting
• Disclosure requirements
• Integrated reporting concepts

Day 3: Planning and Budgeting Fundamentals

• Strategic planning process
• Budgeting methodologies
• Forecasting techniques
• Annual profit planning

Day 4: Advanced Budgeting and Forecasting

• Capital budgeting
• Cash flow projections
• Sensitivity analysis
• Rolling forecasts

Day 5: Performance Management Essentials

• Cost and variance analysis
• Flexible budgets
• Responsibility centers
• Transfer pricing

Day 6: Advanced Performance Management

• Balanced Scorecard
• Key Performance Indicators (KPIs)
• Return on Investment (ROI) analysis
• Economic Value Added (EVA)

Day 7: Cost Management Strategies

• Activity-Based Costing (ABC)
• Target costing
• Life-cycle costing
• Quality cost management

Day 8: Advanced Cost Management

• Lean accounting principles
• Theory of Constraints
• Supply chain cost management
• Environmental cost management

Day 9: Internal Controls Framework

• COSO framework
• Risk assessment techniques
• Control activities
• Monitoring procedures

Day 10: Advanced Internal Controls

• IT general controls
• Application controls
• Sarbanes-Oxley compliance
• Internal audit function

Day 11: Technology in Finance

• ERP systems
• Business intelligence tools
• Cloud computing in finance
• Cybersecurity for financial data

Day 12: Data Analytics in Finance

• Big data in financial analysis
• Predictive analytics
• Data visualization techniques
• Machine learning applications

Day 13: Emerging Topics in Financial Management

• Blockchain in finance
• Artificial Intelligence in accounting
• Robotic Process Automation (RPA)
• Sustainability reporting

Day 14: Case Studies and Practical Applications

• Financial reporting case studies
• Budgeting and forecasting exercises
• Performance management simulations
• Cost management scenarios

Day 15: Exam Preparation and Review

• Comprehensive review of key topics
• Exam-taking strategies
• Practice questions and mock exam
• Final Q&A session

Practical Wins for Participants

• Ability to prepare and analyze complex financial statements
• Proficiency in creating effective budgets and forecasts
• Skills to implement performance management systems
• Expertise in leveraging technology for financial analysis and reporting