CMA Part 1 - Section C: Performance Management

Course Objective:

The course's objective is to prepare CMA Part 1 candidates for section C: Performance Management as per 2020 learning outcomes statements.

Course Structure:

The course is divided into six lectures, each lecture comprises a video, a quiz (10 multiple choice questions), and notes. In addition, the course includes two Mock Exams of 20 questions each. All quiz and exams questions include answers with comprehensive explanation.

Topics Covered in this course:

· Cost and variance measures and analysis

· Direct material and direct labor variance analysis

· Overhead costs variance analysis

· Sales variance analysis

· Responsibility centers and reporting segments

· Performance measures

· Business unit/product/customer profitability analysis

· Common cost allocation

· Return on investment and Residual income

· Transfer pricing

· Balanced scorecard

Course requirements or prerequisites:

· Participants are preferred to have basic education

· in accounting and/or finance

· CMA part 1 candidates

The courses is for:

· CMA Part 1 candidates

· Accounting/Finance professionals who want to learn how to evaluate the performance of different divisions at a company.

Course Outline:

· Section 1: C1 - Cost and variance measures (3 video lectures + 30 Multiple Choice Questions)

· Section 2: C2 - Responsibility centers and reporting segments (2 video lectures + 20 Multiple Choice Questions)

· Section 3: C3 - Performance measures (1 video lecture + 10 Multiple Choice Questions)

· Section 4: Two Mock Exams (40 total Multiple Choice Question)