Student Question “I don’t understand the difference between Covariance and Correlation. The book implies that Covariance and Correlation are the same things.” – Syed. 1-on-1 CMA Coaching Support Here’s how to … Read More
CMA Part-One Mini-Lesson: How to Determine Transfer Pricing?
Student Question “I thought the answer is B but why is it D??” – Shaymill. MCQ – Transfer Pricing Kem Manufacturing has several divisions and evaluates performance using segment income. … Read More
CMA Exam Part 1 Q&A – Operating Investing and Financing Activities
Student Question “My toughest area so far is the statement of cash flows. Classifying what is in operating, investing, and financing. For example, if i purchased a building for $100,000 … Read More
Episode 11 – 20 Ways to Kick Procrastination to the Curb
Do you ever find yourself looking for ways to procrastinate when you simply don’t want to study? You know, when you’d rather twiddle your thumbs, bake a cake or … Read More
CMA Part 1 Q&A – How to Calculate Cash Flow from Operating Activities
Student Question “Please explain……I think my problem is interpreting the question incorrectly” – Greg. MCQ – Statement of Cash Flows The following information is extracted from the financial statements of Foster … Read More
CMA Part-One Mini-Lesson: When Is Interest Income and Dividend Income Included in CFO (Cash Flow from Operating Activities)?
Student Question “I am going over section A tests… I thought Interest Income and Dividend Income were included in CFO [Cash Flow from Operating Activities]…..the answer for this question says … Read More
CMA Part 1 Q&A: High vs Low LIFO Liquidation
Student Question “Nathan, I’m struggling with the following problem. I understand the principle behind the lower net income. What’s confusing me is the higher LIFO liquidation vs. lower LIFO liquidation. … Read More
Episode 8 – Fifteen Tips on How to Combine Your CMA Test Prep with Working Full-Time like a Pro
When I made the decision to become a CMA, I was working full time, which meant I only had evenings and weekends for my CMA test prep. Like so many … Read More
Episode 7 – The Best CMA Exam Prep Secrets By IMA’s Vice President
In this episode of The CMA Show, I have a very special guest who will reveal the best kept CMA exam prep secrets. This impressive man has 23 years experience … Read More
Episode 6 – CGMA vs CMA
Not too long ago a new designation was born — Chartered Global Management Accountant (CGMA). As you can imagine, this got the accounting world buzzing. Now, which one should accountants … Read More