ACCT 761 - CMA Prep Financial Planning and Performance

3 Credits
Introduction to CMA Credential and CMA Learning System; Section A: Planning, Budgeting and Forecasting; Section B: Performance Measurement; Section C: Cost Management; Section D: Internal Controls; Section E: Professional Ethics This course is primarily focused on preparing students to pass Part I of the CMA exam. This course is designed as a continuing study of cost management and cost control techniques. Included in the course is the study of management accounting planning and control techniques and decision-making and performance evaluation techniques. Such techniques include relevant costing, the budget process, capital budgeting, inventory and production management, and organizational performance evaluation.

Grade Note(s): A grade of C or better is required on the final assessment in order to earn a passing grade in this course.
Prerequisite(s): An undergraduate course in Cost Accounting, a completed bachelor’s degree in accounting or ACCT 640
Course Learning Outcomes:
1. Evaluate planning, budgeting, and forecasting tools and techniques as they relate to the overall performance of an entity.
2. Create financial statements and reports.
3. Demonstrate various methods for developing costs.
4. Review cost and variance through performance evaluation measures.