The text is written in a lecture format and designed to be used in a review class structure or well-organized home-study program. The individual chapter Magic Memory Outlines® pages should be used to create summary outlines. The textbook subjects are sequenced in the order that they are covered in a live instruction seminar. The individual chapters are designed to be covered in a class session 4 to 6 hours. The introduction to the text contains useful information about the exam questions and the IMA’s official Statements on Management Accounting (SMA) 1A, 1B, 1C and 1D. These releases cover the definition, responsibilities, objectives, body of knowledge and ethics required of a management accountant. The Rigos CMA textbooks cover the topics in the same order as is presented in the ICMA Specification Outline. The Part 1 topics covered are as follows: Chapter 1, External Financial Reporting Decisions; Chapter 2, Planning, Budgeting, and Forecasting; Chapter 3, Performance Management; Chapter 4, Cost Management; and Chapter 5, Internal Controls.
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