IMA – CMA Coaching

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ima-cma training in dubai

CMA Training in Dubai

The modern economic environment has become so complex and competitive than last year’s financial statements are no longer adequate for the successful running of an organization. There is an increasing demand for accountants who can provide current information (today’s facts and tomorrow’s probabilities) that is essential for the efficient running of a modern organization. Bright Future offers the best CMA training  in Dubai, an IMA-approved center in UAE for offering a CMA training course under the supervision of expert trainers. Explore all accounting & finance courses.

The main task of the Cost and Management Accountant is to collect and process information before passing it on to management for decision-making. Among other things, the work also involves:

  • Long-term planning and development of strategies and methods to meet the objectives of the organization.
  • Short-term operational planning and control of projects and resources utilizing budgets
  • Recording and analyzing transactions and activities and compiling management accounts
  • Providing and interpreting financial and economic information for decision making
  • Obtaining and controlling funds

Eligibility

The student should have passed 10th Class or equivalent from a recognized Board or Institution.

Passed Senior Secondary Examination under 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education.

Incumbents waiting for the result can apply for provisional admission.

Job opportunities of CMA:

CMA training in Dubai can choose any of the following designations: Finance Manager, Accounting Manager, Budgeting Manager, Internal Auditors, Investment Manager, Costing Manager, Payable Manager, Receivable Manager, MIS Manager, Portfolio/Fund Manager, Marketing Manager, Financial Controllers, Chief Financial Officers.

Outline:

  1. Introduction to CMA Certification:

    • Overview of the CMA designation and its importance
    • Understanding the CMA exam structure and requirements
    • Registration and eligibility criteria for the CMA exam
    • Study plan and preparation strategies
  2. Financial Planning, Performance, and Analytics (Part 1):

    • External Financial Reporting Decisions
      • Financial statements preparation and reporting
      • Revenue recognition and measurement
      • Inventory valuation and cost flow assumptions
      • Long-term liabilities and equity transactions
    • Planning, Budgeting, and Forecasting
      • Strategic planning and budgeting techniques
      • Forecasting methods and models
      • Budgeting and variance analysis
      • Performance management and metrics
    • Performance Management
      • Cost and variance measures
      • Responsibility accounting and performance measures
      • Balanced scorecard and performance dashboards
      • Internal controls and risk management
    • Cost Management
      • Costing systems and methodologies
      • Overhead allocation and activity-based costing
      • Job order and process costing
      • Cost behavior and cost-volume-profit analysis
    • Internal Controls
      • Internal control frameworks and principles
      • Risk assessment and management
      • Control activities and monitoring
      • Information systems controls and audits
    • Technology and Analytics
      • Information technology concepts and systems
      • Data governance and management
      • Data analytics and visualization
      • Business intelligence and decision support systems
  3. Strategic Financial Management (Part 2):

    • Financial Statement Analysis
      • Financial statement interpretation and analysis
      • Ratio analysis and benchmarking
      • Cash flow analysis and forecasting
      • Financial distress and credit risk analysis
    • Corporate Finance
      • Risk and return concepts
      • Capital structure and cost of capital
      • Capital budgeting and investment decisions
      • Working capital management
    • Decision Analysis
      • Cost classification and decision-making
      • Pricing decisions and cost management
      • Cost-volume-profit analysis
      • Risk analysis and capital investment decisions
    • Risk Management
      • Enterprise risk management (ERM) frameworks
      • Risk identification and assessment
      • Risk response strategies
      • Insurance and hedging techniques
    • Investment Decisions
      • Portfolio management and investment analysis
      • Valuation of financial instruments
      • Mergers and acquisitions
      • International finance and exchange rate risk
    • Professional Ethics
      • Ethical principles and standards
      • Ethical decision-making frameworks
      • Corporate governance and ethical leadership
      • Fraud prevention and detection

Mr. Faisal Hassan