CMA Part 2 Exam Support Package 2020-2024

About this course

CMA Part 2 is one of the two parts of the Certified Management Accountant (CMA) exam, a globally recognized certification awarded by the Institute of Management Accountants (IMA). The CMA certification is designed for accounting and finance professionals and focuses on financial management and strategy skills. Part 2 specifically deals with "Strategic Financial Management" and covers a broad range of topics important for corporate finance and decision-making. Here's a detailed overview of its content areas:1. Financial Statement Analysis (20%)This section covers the analysis of financial statements, including ratio analysis, trend analysis, and comparative financial statements. Candidates learn how to interpret financial statements to assess an organization's financial health and make strategic decisions.2. Corporate Finance (20%)This section focuses on the financial management of corporations, including risk management, financial instruments, cost of capital, and the financing of operations through debt and equity. It also covers working capital management, investment decisions, and how to manage corporate restructuring and mergers and acquisitions.3. Decision Analysis (25%)This area involves the use of quantitative methods to inform decision-making. Topics include cost-volume-profit analysis, marginal analysis, pricing decisions, and using statistical methods to inform business decisions. It emphasizes the role of financial data in operational decision-making.4. Risk Management (10%)Candidates learn about various risk management strategies and tools, including financial derivatives for hedging risks. This section also covers the identification and management of financial and operational risks in a business context.5. Investment Decisions (10%)This section deals with how to evaluate and manage investments, focusing on capital budgeting techniques, project a