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Certified Management Accountant

Prepare to join the ranks of elite management finance and accounting professionals as a Certified Management Accountant. USI has partnered with the IMA™ to offer the NEW CMA Learning System to aid in your professional development and as a study tool to help you prepare for the four-part CMA Exam.

IMA’s CMA Learning System course combines live classroom instruction with textbooks and online, interactive testing components to deliver a comprehensive and customized learning experience in management accounting and finance. These four convenient courses involve 96 hours of classroom instruction and mirror the four CMA Exam parts. Candidates receive the CMA designation after successfully completing four computer-based exams administered by the IMA. Parts 1–3 may be taken in any order, but candidates must pass all three to be eligible to take the Part 4 exam.

For more information about this upcoming program please call USI Extended Services at 812/464-1989 or 800/467-8600.

CMA PART 2: MANAGEMENT ACCOUNTING AND REPORTING     NO. CMA502
Learn the basics of management accounting and reporting, which includes budget preparation
methods, cost management tools, information management styles, performance measurement methods, and external financial reporting rules. Each section includes a discussion of relevant terminology, differing methods used, and relevant rules and regulations that a management accountant must know.
Instructor: Rebecca Phipps, CPA, CMA, Finance and Accounting Management Consultant
Dates & Times: 8 Thursdays, April 22 - June 10, 6-9 p.m.
Location: University Conference Center, Room 214
Registration Fee: $845

CMA PART 3: STRATEGIC MANAGEMENT     NO. CMA503
Examine the strategic aspects of cost management. Determine how contemporary cost management methods and practices contribute to organizational success in competitive times, beginning with an overview of strategic planning. This course covers fundamentals of how a firm develops strategies to distinguish itself from competitors and add value for both customers and shareholders. Understand the importance of understanding product and service markets and how to best match distinctive organizational capabilities with promising value opportunities. Risk management principles and the effective selection and management of different financial instruments to support business strategies and goals are also explained. The importance of relevant data in the decision process and the strategic role of analysis and pricing in supporting profitability are also discussed. The course concludes with a discussion of strategic perspective in capital budgeting and techniques used to investigate capital investment projects.
Dates & Times: Fall 2008/TBA
Registration Fee: $845

CMA PART 4: BUSINESS APPLICATIONS     NO. CMA504
Cover a variety of topics related to business applications and organizational management including organizational structures, jobs and teams, leadership, motivation, and diversity issues. Discuss communication in the organization and a number of behavioral issues related to alignment goals, developing budgets and standards, performance evaluation, and reporting. Conclude with a discussion of ethical considerations.
Dates & Times: Spring 2009/TBA
Location: University Conference Center, Room 201
Registration Fee:$845

CMA PART 1: BUSINESS ANALYSIS                                            NO. CMA501
Examine economics from a number of standpoints, beginning with factors affecting the individual firm. After building a basic knowledge of markets and pricing, study economic issues from a national standpoint, examining challenges a government faces when determining economic policy. Next is globalization, which looks at the concerns nations and businesses must consider to conduct global trade and introduces the institutions charged with creating and sustaining global economic stability. Understanding of economics is then applied to business concerns in a discussion of controls. This course concludes with discussions of quantitative analysis methods and financial statement analysis.
Dates & Times: Spring 2009 TBA
Registration Fee: $845
 



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