Part 1
Technology is transforming the profession, and we want our CMAs to be prepared. Part 1 of the CMA exam will include a new section on Technology and Analytics.
New Title: Financial Planning, Performance, and Analytics
New Content: Technology and Analytics, Integrated Reporting
Deleted Content: Internal Auditing
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2019 Exam contents
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2020 Exam contents
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Title: Financial Reporting, Planning, Performance and Control
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Title: Financial Planning, Performance and Analytics
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External Financial Reporting Decisions
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15%
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External Financial Reporting Decisions
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15%
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Planning, Budgeting and Forecasting
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30%
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Planning, Budgeting and Forecasting
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20%
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Performance Management
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20%
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Performance Management
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20%
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Cost Management
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20%
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Cost Management
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15%
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Internal Controls
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15%
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Internal Controls
§ Internal auditing (Removed)
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15%
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Technology and Analytics (New)
§ Information systems (New)
§ Data governance (New)
§ Technology-enabled finance transformation (New)
§ Data analytics (New)
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15%
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Part 2:
Being able to apply an ethical and strategic framework to decision making in a complex, digital world is a skill every accounting and finance professional needs. Part 2 of the exam will expand the Professional Ethics and Decision Analysis sections.
New Title: Strategic Financial Management
New Content: Business Ethics, Sustainability and Social Responsibility
Deleted Content: Off-Balance-Sheet Financing, Bankruptcy, Tax Implications of Transfer Pricing
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2019 Exam contents
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2020 Exam contents
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Title: Financial Decision Making
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Title: Strategic Financial Management
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Financial Statement Analysis
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25%
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Financial Statement Analysis
§ Off-Balance-Sheet Financing (Removed)
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20%
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Corporate Finance
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20%
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Corporate Finance
§ Bankruptcy (Removed)
§ Tax Implications of Transfer Pricing (Removed)
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20%
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Decision Analysis
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20%
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Decision Analysis
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25%
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Risk Management
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10%
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Risk Management
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10%
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Investment Decisions
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15%
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Investment Decisions
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10%
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Professional Ethics
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10%
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Professional Ethics
§ Business ethics (New)
§ Sustainability & social responsibility (New)
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15%
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