2020 CMA Exam Changes & Course Updates

Results of ICMA’s most recent job analysis study showed content areas that needed to be adjusted to ensure the CMA exam continues to test expertise in the areas most demanded by employers and management accounting professionals.

Effective January 1, 2020:

Changes to 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

Changes to 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

For more information, you can review the full 2020 CMA Exam Content Specifications and the 2020 ICMA Learning Outcome Statements.

Want to become a CMA?

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January 1, 2020, may seem far away right now, but already we’ve already launched new lessons, practice questions, and other study materials to help you prepare for these new and expanded exam sections.

Please keep an eye on our Product Availability Schedule for updates on timing of these product releases.

No matter what, our Platinum CMA Review Course always covers 100% of the current ICMA Learning Outcome Statements, so you know you’re studying with the best, most accurate materials.