[tvpaul]

I’ve been studying using Gleim CMA and there seems to be a ton of formulas. Is it more important to understand what the formulas mean? Or do I need to memorize them and be able to do a lot of workout problems on the actual exam?

Also anyone that used the Gleim CMA Test bank, how effective did you feel it was?

Thanks!

[mtaylo24]

@waffle_house The way it is set up with TWO blackout months… you are actually better off sitting for both in a window. I requested to sit for the CMA during my company's budget, so I am trying to get my job to release the funds. Including the app fees and membership, it costs $850 just to sit for the first part. No way I would attempt this without a sponsor.

AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
REG - 55 (2/16) 69 (5/16) Retake(8/16)
BEC - 71(5/16) Retake (9/16)
FAR - (8/16)

[Anonymous]

@waffle_house Not sure if they were in the same window but they were about two months apart.

Also, good luck! With a manufacturing background, you should find most of the material relevant.

[waffle_house]

My company will reimburse me once I pass both parts this includes study review,exam fees, registration. A $3k bonus on top of that for passing 🙂 so that is why I want to start soon and have it knocked out before the year ends.

[waffle_house]

@mtaylo24

That amount doesn't include the study material lol

[mtaylo24]

@waffle_house I know right! I was itemizing this crap earlier, shaking my head the whole time. Gleim seems to be crazy expensive. The IMA specifically recommends Wiley CMA (I see they are 20% off today), which isn't as expensive. Either way you adding another $300+ just to sit!

AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
REG - 55 (2/16) 69 (5/16) Retake(8/16)
BEC - 71(5/16) Retake (9/16)
FAR - (8/16)

[tvpaul]

If anyone's still a student in college, you can get a student discount as well. That was the main reason I wanted to try and get it out of the way now. I wish I would've known this earlier, but the IMA also hands out each school a certain amount of scholarship packets to covers all of the fees required for the CMA. You just need to get a faculty member to nominate you! Just fyi for any students out there interested

[waffle_house]

Has anyone used Fast Forward Academy for their CMA review? They seem super cheap with a ton of questions.

[Anonymous]

i think if it is more than 1500MCQ is ok for each part.

Post edited – please read the forum rules:

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[mtaylo24]

@waffle_house, I signed up for the trial yesterday.

AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
REG - 55 (2/16) 69 (5/16) Retake(8/16)
BEC - 71(5/16) Retake (9/16)
FAR - (8/16)

[Anonymous]

Hi All,

I am trying to study for the CMA part 1 with Gleim cma materials. I am just slowly going thru the book since the text is filled with so many details. Compared to the BEC exam, the cost accounting is definitely more in depth with the CMA exam than BEC. In BEC, Cost accounting is only about 20% of the exam and there were no SIM for BEC before. This was biggest difference in my opinion. I always found cost accounting to be challenging unless you work in the industry. I doubt anyone could remember cost accounting after college without some real life work experience. I feel that the cost accounting is about 40-50% of the CMA part 1 exam.

For CMA part 1, there are 13 chapters in Gleim CMA. Below are the breakdowns. below percentages are based on Gleim.
1,2, and 3 chapters are related to GAAP accounting. These three chapters are similar to FAR with less details. (15%)
4,5,6,7,8,9,10, and 11 chapters are cost accounting in details. (70%)
12 and 13 chapters are internal controls. (15%)

Did anyone find the Gleim CMA lecture videos to be useful? i don't think I could learn all of the cost accounting on my own.

Thanks!

[mtaylo24]

Don't know about the CMA but I use them for CPA and all they do is read the book to you, so I was better off reading the book myself and spamming the MCQ questions.

AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
REG - 55 (2/16) 69 (5/16) Retake(8/16)
BEC - 71(5/16) Retake (9/16)
FAR - (8/16)

[Author]

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