CMA US Part 1-Section A: Mock Tests for Exam preparation

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External Financial Reporting Decisions - Mock Tests

Welcome to the course.

This course helps the learner to get a feel of the final CMA US certification exam as there is a time limit for each test. 

Section A  traverses through understanding of  financial statements from US-GAAP point of view & key differences with IFRS. (Register CMA US Part 1 - Section A: External Financial Reporting course for a detailed explanation)

Financial Statements - This section introduces you as a learner to -

-- Users of financial information
-- Income Statement
-- Statement of Cash Flows
-- Comprehensive Income
-- Statement of Owners' Equity
-- Notes to Financial Statements
-- Integrated Reporting

Asset Valuation - This section focuses on -
-- Cash and Cash Equivalents
-- Receivables
-- Inventory
-- Investments
-- Property, Plant, and Equipment
-- Depreciation of Fixed Assets and Impairment
-- Intagible Assets

Liabilities & Equity Valuation - This section focuses on -
-- Equity Transactions
-- Common Stock
-- Preferred Stock
-- Treasury Stock
-- Retained Earnings

Other Topics - This section focuses on -
-- Revenue recognition
-- Expenses recognition
-- Consignment
-- Contract Assets and Liabilities
-- Long-Term contracts
-- US GAAP / IFRS Differences
-- Involuntary Disposals
-- Comprehensive Income

All explanations are based on CMA-USA-Part-1 syllabus which is considered as gold-level standard for management accounting profession. Teaching methodology is based on join-the-dots pedagogy inter-linkage of multi-discipline subjects, a very powerful tool for aspiring leaders.

This course is suitable for candidates pursuing CMA-USA or CMA-India/CIMA-UK or candidates pursuing a career in finance & accounting. Feel free to drop us a message if you need any assistance for CMA-USA course material or any other queries.

Happy Learning

CMA Kiran
C2C Consulting

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