CERTIfIED MANAgEMENT ACCOuNTANT

Part of the Navitas Group

Boost your career with the Certified Management Accountant Program

The Certified Management Accountant (CMA) Program will provide you with the skills needed to take your career to the next level. Management accountants provide real time advice and analysis to management, contributing to the strategy and operations of an organisation.

Management accountingThe work of a management accountant focuses on internal reporting to aid in running a better business or organisation. This role differs from that of a financial accountant, who produces regulatory and compliance based reports for external stakeholders.

Management accountants apply professional knowledge and skill to produce reports that assist in the total planning, strategy and control of an operation.

The specialist skill set of the management accountant is highly-regarded by senior management and is currently in demand in many organisations.

ICMA and the CMA ProgramThe Institute of Certified Management Accountants (ICMA) was established in 1996 with a vision to attain the status of a premier professional body with a strong membership base of practising management accountants.

The Institute aims to promote and develop management accounting and to foster education, training and the exchange of information and ideas relating to the profession and its practice.

The Certified Management Accountant (CMA) Program was designed to further develop skills of analysis, evaluation and synthesis in the areas of cost and management accounting for associate members and, in the process, create an awareness of some current developments in the profession.

The program can only be undertaken by a student member who has met the pre-requisite entry requirements of the program, or by a graduate or associate member of the institute.

Where can the CMA Program take you? By becoming a member of ICMA and following the CMA Program, you will open yourself up to a world of professional opportunities.

Not only will you obtain the necessary skills and experience needed to follow a career as a management accountant across many industries, you will receive workplace recognition of your studies.

Completion of the CMA Program will enable you to gain the following membership types and become eligible to use the relative post-nominals:

• Associate Management Accountant (AMA)

• Certified Management Accountant (CMA)

The CMA Program also fits in ideally with those undertaking Masters in Accounting and MBA programs. There are several universities within Australia and around the world that have the CMA sequence running within their Masters programs.

Perth

AdelaideMelbourne

Sydney

Brisbane

“Companies rely on quality strategic analysis to be able to confidently chart a future course. The management accountant is one of the CEO and Board’s most valuable advisers in this regard – they go beyond the numbers and bring together the best intelligence; leading indicators from within and outside the business. Without this information and analysis you are flying blind.”

Emeritus Professor Peter Chandler AM Chairman, RACV

Your path to becoming a CMA

Your CMA study path will be determined by your education and experience levels.

The CMA Program

Eligibility:

Holders of accountancy undergraduate degrees may be admitted directly to the CMA Program.

Subjects:

There are two subjects in the CMA Program:

Paper 1: Strategic Cost Management - delivered over 24 hours of face-to-face seminars

Paper 2: Strategic Business Analysis - delivered over 32 hours of face-to-face seminars

Full details about the topics covered in each of these subjects can be found at navitas-training.edu.au/cma

Delivery

The program is presented at face-to-face seminars at which specific topics will be discussed. Pre-reading is required and active participation is essential.

Practical application of the theoretical content may include case studies or workplace simulations.

Assessment

The final examination will consist of a 3-hour open book paper set by the ICMA.

The graduate Conversion Program (gCP)The Graduate Conversion Program is open to all senior managers who are graduates or professionally qualified in any discipline other than accounting.

Students completing the graduate member program become Graduate Management Accountants (GMAs) of the ICMA. Graduate members can apply for associate membership if they possess 3 years of relevant professional experience.

All graduate members and associates (and those exempted from the graduate membership level examinations) must complete the two-unit CMA Program and have 5 years of relevant professional experience, in order to fulfil the requirements of a Certified Management Accountant.

For more information on the GCP and what constitutes relevant experience, please visit navitas-training.edu.au/cma

EnrolmentFor enquiries and information on the CMA Program contact Navitas Professional or visit navitas-training.edu.au/cma to download an application form.

Once your application has been received, your qualifications and experience will be assessed by ICMA and you will be eligible for either a student, graduate or associate membership. At this time you will also be advised of the subjects you will need to undertake.

NAVITAS PROFESSIONALNavitas Professional is a division of Navitas Ltd (NVT), the largest education provider on the Australian Stock Exchange. As a Registered Training Organisation (RTO) with over 20 years’ experience, we provide quality vocational education services in areas of key demand.

Navitas Professional is a recognised provider of the Certified Management Accountant Program.

*Relevant experience in management accounting is broadly defined to include the gaining of experience in the provision of information in a wide range of managerial functions including costing, pricing, marketing, strategy, financial analysis, logistics, information systems, etc.

The CMA Program

(2 subjects)

With 3 years relevant experience*

Graduate Conversion Program

(4 subjects)

No experience requirements

With 5 years relevant experience*

Graduate Management Accountant

(GMA)

Associate Management Accountant

(AMA)

Non-accountants

Strategic Business Analysis

Financial Management

Financial Statement Analysis

Accountants & MBAs

Management Accounting

Financial Modelling Certified

Management Accountant

(CMA)

Strategic Cost Management

Sydney Level 11, 17 York Street Sydney NSW 2000 Australia

Melbourne Level 3, 206 Bourke Street Melbourne VIC 3000 Australia

Brisbane Level 2, East Tower 410 Ann Street Brisbane QLD 4000 Australia

T +61 (1)300 679 561 E cma@navitas-training.edu.au

The information contained in this brochure is correct at the time of publication, however, Navitas Professional reserves the right to alter, amend or delete details at any time without notice.

This brochure is provided free of charge.

NP-0059-1112

Navitas Professional

navitas-training.edu.au/cmanavitas.com

Perth Level 2, 15 Ogilvie Road Mount Pleasant WA 6153 Australia

Adelaide Level 5, 16-20 Coglin Street Adelaide SA 5000 Australia