Latest / VoraPrep Audio — Professional Licensure & Certification Exam Prep / CMA Strategy: Accounting vs. Finance: Choosing Between CMA Part 1 and Part 2
Transcript
- Hey, welcome to VoraPrep Audio. Today's episode is from our CMA Exam Strategy Masterclass: "Accounting vs. Finance: Choosing Between CMA Part 1 and Part 2". Should you start with cost accounting or corporate finance? Here is how to decide your CMA sequence in 60 seconds. Marcus: Ava, unlike the CPA exam where FAR is the universal starting point, CMA candidates are split 50/50 on whether to take Part 1 or Part 2 first. Ava: It depends completely on your background. If your degree is in accounting or you work in general ledger or cost accounting, Part 1 feels familiar. You know variances and internal controls. Marcus: But if you have an MBA, work in FP&A, or majored in finance, Part 2 is much easier. You already know discounted cash flows, WACC, and financial ratios. Start with what gives you momentum. Marcus: If you want to put this exact strategy into practice with thousands of blueprint-aligned questions and an authentic exam simulator, head over to voraprep.com. Start your free trial today—no credit card required. Ava: See you in the next masterclass.