Certified Management Accountant

Course Code: FNBN 126

990 Course Visits

Certified Management Accountant - CMA

Course Sector:

Finance, Accounting and Banking

Request in house training Call Me Back

Course Dates and Locations

Choose a date and location to book your seat

No.

Date

Days

Location

Fees

Enrollment

04 - 08 Aug 2025

5 Days

Oslo , Norway

$4,950

29 Dec 2025 - 02 Jan 2026

5 Days

Dubai, UAE

$4,250

Introduction

Training course introducion / brief

The Certified Management Accountant (CMA) credential is globally recognized for financial management and strategic decision-making.

This intensive program equips professionals with the advanced skills needed to thrive in accounting and financial management roles, aligning with the globally acknowledged standards of the Institute of Management Accountants (IMA).

Spanning five days, this training program covers core competencies essential for financial planning, analysis, control, decision-making, and risk management.

Participants will learn how to interpret financial statements, conduct performance evaluations, make informed corporate finance decisions, and manage risks, all while adhering to high ethical standards.

Develop expertise in financial reporting and compliance by understanding global accounting standards (GAAP, IFRS) and analyzing key financial statements.
Master budgeting and forecasting techniques, including variance analysis and cost allocation methods, to support strategic financial planning.
Enhance corporate finance knowledge, focusing on capital budgeting, investment appraisal, and valuing stocks and bonds.
Apply performance management frameworks like the balanced scorecard and key performance indicators (KPIs) to improve operational efficiency and decision-making.
Gain proficiency in financial decision-making, particularly in areas like cost of capital, financing structures, and shareholder value maximization.
Utilize decision analysis tools to make sound business choices under risk and uncertainty.
Conduct robust investment decision evaluations using techniques like NPV and IRR, assessing the financial impact on long-term growth and shareholder value.
Understand ethical responsibilities in financial decision-making, focusing on compliance, corporate governance, and fraud prevention.
Mitigate financial risks through comprehensive knowledge of risk management frameworks, derivatives, and insurance strategies.

Finance and Accounting Professionals.
Management Accountants.
Corporate Finance Managers.
Business Analysts.
Executives and Managers: Seeking a deeper understanding of financial reporting, compliance, and strategic financial management to improve organizational performance.

Financial Reporting, Planning, Performance, and Control:

Overview of financial reporting and compliance standards (GAAP, IFRS)
Understanding key financial statements: Income Statement, Balance Sheet, and Cash Flow Statement
Strategic financial planning and forecasting
Types of budgets: Master, operating, capital budgets
Variance analysis and corrective actions
Types of costs: Fixed, variable, and semi-variable
Cost allocation methods
Activity-Based Costing (ABC)
Practical Application:
Case study on preparing a budget and analyzing variances.

Financial Statement Analysis:

Understanding key financial ratios: Liquidity, profitability, solvency, and efficiency ratios
Horizontal and vertical analysis of financial statements
Common size financial statements
Identifying trends and red flags in financial statements
Assessing financial health and potential risks
Comparative financial analysis with competitors
Industry-specific financial ratios
Case Study: Analyzing the financial statements of a company to identify strengths and weaknesses.

Corporate Finance:

Corporate financial objectives and strategies
Capital budgeting and investment appraisal techniques
Valuing bonds and stocks
Present value and discounted cash flow (DCF) analysis
Mergers and Acquisitions (M&A)
Analyzing the financial aspects of M&A
Due diligence and post-merger integration
Case Studies.

Performance Management:

Key performance indicators (KPIs) and financial metrics
Balanced scorecard approach for performance measurement
Variance analysis: Profit, cost, and sales variances
Techniques for improving efficiency
Lean management and Six Sigma principles
Cost-volume-profit (CVP) analysis and breakeven analysis
Practical Exercise: Implementing performance metrics in real-world business scenarios.

Financial Decision Making:

Debt vs. equity financing
Cost of capital and weighted average cost of capital (WACC)
Optimal capital structure
Dividend policy theories
Stock repurchases and dividends
Maximizing shareholder value
Group Discussion: The impact of financing decisions on corporate value.

Decision Analysis:

Decision-making processes and tools
Types of decisions: Short-term vs. long-term
Decision-making under uncertainty and risk
Identifying relevant costs for decision-making
Make or buy decisions, pricing decisions, and discontinuation of product lines
Cost-Volume-Profit (CVP) Analysis
Contribution margin, breakeven point, and operating leverage
Exercise: Decision-making scenario analysis, with a focus on marginal and relevant costs.

Investment Decisions:

Introduction to Capital Budgeting
Key investment appraisal techniques: NPV, IRR, payback period, and profitability index
Identifying and assessing investment opportunities
Cash flow estimation and risk assessment in capital budgeting
Long-Term Investment Decisions
Managing capital projects
Impact of investment decisions on shareholder value
Sensitivity analysis and scenario planning
Practical Exercise: Conducting capital budgeting analysis for a hypothetical investment.

Professional Ethics in Management Accounting:

Importance of ethics in financial decision-making
Ethical responsibilities of management accountants (IMA’s Statement of Ethical Professional Practice)
Corporate Governance and Regulatory Compliance
Role of management accountants in ensuring compliance
Sarbanes-Oxley (SOX) Act and its impact on financial reporting
Identifying red flags for financial fraud
Internal controls and audit procedures
Practical application.

Financial Risk Management:

Understanding different types of financial risks: Market risk, credit risk, operational risk
Risk assessment and risk mitigation strategies
Enterprise Risk Management (ERM) frameworks
Using financial derivatives (options, futures, swaps) for risk management
Interest rate risk and currency risk management
Insurance and Risk Transfer
Role of insurance in managing financial risk
Group Discussion: Implementing risk management strategies in real-world business environments.

Boost certificate of completion

BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.

ENDORSED EDUCATION PROVIDER

Flexible deadlines

Customized dates accordance to your schedule

Shareable Certificate

Earn certificate upon completion

COURSE METHODOLOGY

Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).

At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.

Download Company profile

Download Calendar

Trending Courses

The most bespoke and flexible training courses

Open courses table

Apr

- 05 -
Days

OSHA: Occupational Safety and Health Administration Standards

Riyadh, KSA

TRAINING COURSE: Certified Management Accountant - CMA