Wiley CMAexcel Learning System Exam Review 2015 Participant Guide

Inhaltsverzeichnis

Acknowledgments of Subject Matter Experts ix
For the Student xi
Session 1 1
Section A: External Financial Reporting Decisions 9
Topic 1: Financial Statements 9
Topic 2: Recognition, Measurement, Valuation, and Disclosure (Fair Value Standards and Measurements, Cash and Cash Equivalents, Accounts and Notes Receivable, Inventory) 25
Session 1 Exercise 1 53
Session 1 Exercise 2 85
Session 2 93
Topic 2: Recognition, Measurement, Valuation, and Disclosure (Long-Term Liabilities and Bonds Payable, Early Extinguishment of Debt, equity and Earnings per Share, Revenue Recognition), continued 96
Session 2 Exercise 128
Topic 2: Recognition, Measurement, Valuation, and Disclosure (Comprehensive Income, Leases, Pensions, Deferred Income Taxes, Stock Options, Discontinued Operations, Extraordinary Items, Derivatives, Segment Reporting, IFRS versus GAAP), continued 135
Section B: Planning, Budgeting, and Forecasting 152
Topic 1: Strategic Planning 153
Session 3 179
Topic 2: Budgeting Concepts 181
Topic 5: Annual Profit Plan and Supporting Schedules 190
Session 3 Exercise 199
Session 4 203
Topic 5: Annual Profit Plan and Supporting Schedules (continued) 204
Session 4 Exercise 210
Topic 4: Budget Methodologies 214
Topic 6: Top-Level Planning and Analysis 217
Session 5 223
Topic 3: Forecasting Techniques 224
Session 5 Exercise 233
Section B Practice Questions 240
Session 6 243
Section C: Performance Management 244
Topic 1: Cost and Variance Measures 245
Session 6 Exercise 260
Session 7 271
Topic 2: Responsibility Centers and Reporting Segments 272
Topic 3: Performance Measures 279
Section C Practice Questions 290
Session 8 293
Section D: Cost Management 294
Topic 1: Measurement Concepts 295
Session 8 Exercise 1 310
Session 8 Exercise 2 313
Topic 2: Costing Systems 321
Session 9 325
Topic 2: Costing Systems, continued 326
Session 9 Exercise 338
Session 10 345
Topic 3: Overhead Costs 346
Topic 4: Supply Chain Management 355
Topic 5: Business Process Management 365
Section D Practice Questions 376
Session 11 377
Section E: Internal Controls 378
Topic 1: Governance, Risk, and Compliance 379
Topic 2: Internal Auditing 396
Topic 3: Systems Controls and Security Measures 404
Section E Practice Questions 412
Session 12 415
CMA Exam Format 416
Test-Taking Tips and Strategies 417
Overview of Essay Questions 418
What to Expect at the Testing Center 424
Part 1 Course Wrap-Up 425