PART 1 CMA 국제관리회계사 STUDY GUIDE

Unit A External Financial Reporting Decisions

Chapter 1 Basic Concept of Financial Accounting
01 What is “Accounting”?
02 Conceptual Framework
Chapter 2 Financial Statements
01 Financial Statements include
02 Preparing Financial Statements
03 Analyzing interrelationships Amongst Accounts
04 Selected Accounts Interrelationships
05 Accruals
06 Statement of Financial Position(Balance Sheet)
07 Statement of Earning(Income Statement)
08 Statement of Comprehensive Income
09 Statement of Changes in Stockholders’Equity
10 Statement of Cash Flows
Chapter 3 Recognition, Measurement, Valuation and Disclosure
01 Cash and Cash Equivalents
02 Accounts Receivable
03 Inventory
04 Securities
05 Property, Plant, and Equipment
06 Intangible Assets
07 Warranty Liabilities
08 Deferred taxes
09 Bond
10 Lease
11 Equity
12 Revenue Recognition
13 Consolidated Financial Statements

Unit B Cost Management

Chapter 1 Measurement Concepts
01 Cost Terminology and Concepts
02 Cost Flows
Chapter 2 Costing Technique
01 Costing Technique - Allocation
02 Costing Technique - Accumulation
03 Costing Technique - Range
04 Others
Chapter 3 Supply Chain Management
01 SCM(Supply Chain Management)
02 Lean Manufacturing
03 Just-in-Time Systems
04 Materials Requirement Planning(MRP)
05 Enterprise Resources Planning(ERP)
06 Outsourcing
07 Capacity Management and Analysis
Chapter 4 Business Process Improvement
01 Value Chain Analysis
02 Business Process Reengineering
03 Continuous Improvement
04 Benchmarking and Best-Practice Analysis
05 Cost of Quality Analysis

Unit C Planning, Budgeting and Forecasting

Chapter 1 Strategic Planning
01 Overall
02 Strategic Planning
03 Generic Competitive Strategies - Porter’s Generic Strategies
04 Strategic Planning Models and Analytical Techniques
Chapter 2 Forecasting Techniques
01 Overall
02 Forecasting Models
03 Regression Analysis
04 Learning Curve
05 Expected Value
Chapter 3 Budgeting Concept
01 Budget
02 Types
Chapter 4 Budget Preparation
01 Budgeting Cycle
02 Operating Budget
03 Financial Budget

Unit D Performance Management

Chapter 1 Variance Analysis
01 Overall
02 Variance Analysis
Chapter 2 Responsibility Accounting System
01 Responsibility Accounting System
02 Responsibility Center
Chapter 3 Performance Evaluation-Profit Center
01 Performance Evaluation - Profit Center
02 Performance Report
03 Transfer Pricing
Chapter 4 Performance Evaluation-Investment Center
01 Return on Investment(ROI)
02 Residual Income(RI)
03 Investment Base Issues
Chapter 5 Performance Evaluation-BSC
01 Definition
02 Components of BSC

Unit E Internal Control

Chapter 1 Governance, Risk, and Control
01 Corporate Governance
02 Governance Principles
03 Responsibilities for Corporate Governance
04 Relationship between Governance and Risk Management or Control
Chapter 2 Internal Control
01 Definition
02 Characters of Internal Control
03 Responsibilities of Internal Control
04 Components and Principles of Internal Control
05 Limitations of Internal Control
06 Legislative Initiatives About Internal Control
07 Types of Control
08 Practice of Internal Control
Chapter 3 System Control and Security Measures
01 General Control
02 Application Control
03 Internet Security
04 Business Continuity Planning

Unit F Technology & Analytics

Chapter 1 Information System
01 Accounting Information System
02 ERP/EPM
03 Database
Chapter 2 Data Governance
01 Data Governance
02 IT Governance and Control Framework
03 Data Life Cycle
04 Records Management
05 Cyberattacks and Defense
Chapter 3 Technology-Enabled Finance Transformation
01 System Development Life Cycles(SDLC)
02 Artificial Intelligence
03 Cloud Computing
Chapter 4 Data Analytics
01 Overalls
02 Business Intelligence(BI)
03 Data Mining
04 Statistics
05 Analytic Tools
06 Visualization

PART 2 CMA 국제관리회계사 STUDY GUIDE

Unit A Financial Statement Analysis

Chapter 1 Basic Financial Statement Analysis
01 재무분석의 의의
02 재무제표분석의 종류
Chapter 2 Financial Ratio Analysis(Relationship Ratio Analysis)
01 관계비율분석의 의의
02 유동성비율(Liquidity Ratio)
03 자본구조비율, 지불능력비율, 이익포함비율과 레버리지비율
(Capital Structure, Solvency, Earnings Coverage and Leverage Ratio)
04 수익성비율I(Profititability Ratio)
05 활동성비율(Activity Ratio)
06 수익성비율II(Profititability Ratio)
07 시장비율(Market Ratio)
08 Special Issues

Unit B Corporate Finance

Chapter 1 Risk and Return
01 Risk and Return
02 Portfolio Management
03 Risk Premium
04 CAPM(Capital Asset Pricing Model: 자본자산가격결정모형)
Chapter 2 Long-term Financial Management
01 Capital Structure
02 Bonds(Debt securities)
03 Common Stock
04 Preferred Stock
05 Dividend policy
Chapter 3 Cost of Capital
01 의 의
02 Cost of Debt(타인자본비용)
03 Cost of Preferred Stock(우선주자본비용)
04 Coct of Common Stock(보통주자본비용)
05 요구수익률(기대투자수익률)과 자본비용
06 WACC(Weighted Average Cost of Capital)
07 Optimal Capital Structure
Chapter 4 Rasing Capital
01 Financial Market(금융시장)의 의의
02 완전자본시장 및 효율적 시장가설과 자본시장의 이례현상
03 Souces of the Capital
Chapter 5 Working Capital Management
01 Overall
02 Cash and Cash Equivalents Management
03 Marketable Securities Management
04 Accounts Receivable Management
05 Inventories Management
06 Short-Term Credit Management
Chapter 6 Corporate Restructuring
01 Business Combination
02 Diverstitures
Chapter 7 International Finance
01 Foreign Currency Exchange Rate
02 Managing Transaction Exposure
03 Financing International Trade

Unit C Decision Analysis

Chapter 1 Decision Making Intro
01 의사결정의 의의
02 의사결정단계
03 의사결정의 종류
04 의사결정의 내용
05 의사결정에서 고려될 요소
Chapter 2 CVP Analysis
01 의 의
02 기본가정
03 기초개념
04 분석내용
Chapter 3 Relevant Profit Analysis
01 의 의
02 기초개념
03 구체적 사례에 의한 관련이익분석
Chapter 4 Pricing
01 Pricing Methodologies
02 Factors Affecting Price-Setting
03 Transfer Pricing

Unit D Risk Management

Chapter 1 Risk Management
01 Definition
02 Types of Risk
03 Use of Probabilities in Determining Exposure to Risk
04 Risk Management Framework
Chapter 2 Enterprise Risk Management(ERM)
01 의 의
02 EMR의 목표
03 EMR의 프로세스
04 특 징
05 EMR의 한계
Chapter 3 Derivatives
01 Futures (+ Forwards)
02 Option
03 Swap
Chapter 4 Immunization by Duration
01 Interest Rate Risk
02 Duration
03 Immunization
Chapter 5 Financial Risk Management
01 의 의
02 기타 수단들

Unit E Investment Decisions

Chapter 1 The Capital Budget Process
01 의 의
02 적용방법
03 Procedure
04 Types of Projects
Chapter 2 Cash Flows Estimation
01 현금흐름 추정원칙
02 현금흐름의 구성
Chapter 3 Investment Decision Method
01 Net Present Value(NPV)
02 Internal Rate of Return(IRR)
03 Profitability Index
04 Payback Period Method(PPM)
05 Accounting Rate of Return(ARR)
06 NPV VS IRR
Chapter 4 Risk analysis and Real Options in Capital investment
01 의 의
02 위험분석방법
03 Real option

Unit F Profrssional Ethics

Chapter 1 Ethical Considerations for Management Accounting and Financial Management Professionals
01 IMA’s “Statement on Ethical Professional Practice”
02 Evaluation and Resolution of Ethical Issues
03 Fraud Triangle
Chapter 2 Ethical Considerations for the Organization
01 “Values and Ethics: From Inception to Practice”
02 Corporate Responsibility for Ethical Conduct
03 Applicable Laws and Regulations