How much math is on CMA exam? - Page 2

  • Creator
    Topic
  • #1561621
    tvpaul
    Participant

    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!

    BEC: 80
    AUD: 88
    FAR: Retake
    REG: Retake

    CMA Part 2: 390

    CMA Part 1: TBD

Viewing 11 replies - 16 through 26 (of 26 total)
  • Author
    Replies
  • #1566007
    mtaylo24
    Participant

    @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.

    CPA (2017)

    REG:  75

    BEC:  76

    FAR:  77

    AUD: 78

     

    CMA (2019)

    P1: 380

    P2: 360

    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)

    #1566010
    Anonymous
    Inactive

    @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.

    #1566013
    waffle_house
    Participant

    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.

    AUD - 80
    BEC - 75
    FAR - 84
    REG - 76
    Exams started Sep 2014 -Exams done Mar 2017

    Texas CPA

    I put in work, it was evident

    #1566015
    waffle_house
    Participant

    @mtaylo24

    That amount doesn't include the study material lol

    AUD - 80
    BEC - 75
    FAR - 84
    REG - 76
    Exams started Sep 2014 -Exams done Mar 2017

    Texas CPA

    I put in work, it was evident

    #1566036
    mtaylo24
    Participant

    @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!

    CPA (2017)

    REG:  75

    BEC:  76

    FAR:  77

    AUD: 78

     

    CMA (2019)

    P1: 380

    P2: 360

    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)

    #1566042
    tvpaul
    Participant

    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

    #1566463
    waffle_house
    Participant

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

    AUD - 80
    BEC - 75
    FAR - 84
    REG - 76
    Exams started Sep 2014 -Exams done Mar 2017

    Texas CPA

    I put in work, it was evident

    #1566468
    Anonymous
    Inactive

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

    Post edited – please read the forum rules:

    https://www.another71.com/cpa-exam-forum/topic/cpa-exam-forum-faqs-and-help-center/

    We aren’t trying to be sticklers – just consistent.

    – Mod NINJAs

    #1566499
    mtaylo24
    Participant

    @waffle_house, I signed up for the trial yesterday.

    CPA (2017)

    REG:  75

    BEC:  76

    FAR:  77

    AUD: 78

     

    CMA (2019)

    P1: 380

    P2: 360

    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)

    #1586212
    Anonymous
    Inactive

    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!

    #1586226
    mtaylo24
    Participant

    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.

    CPA (2017)

    REG:  75

    BEC:  76

    FAR:  77

    AUD: 78

     

    CMA (2019)

    P1: 380

    P2: 360

    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)

Viewing 11 replies - 16 through 26 (of 26 total)
  • You must be logged in to reply to this topic.