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Step 2: CMA Entrance Exam
This page contains information on:
• CMA Entrance Exam
• How can I receive advanced standing for these
steps?
• Resources for current registrants
• Resources for prospective registrants
CMA Entrance Exam
The purpose of the CMA Entrance Exam is to evaluate whether candidates
have mastered CMA’s technical accounting requirements, either through a university accounting program or the
CMA Foundational Studies Program.
At least 80 per cent of the exam is focused on the following core topics:
• Financial accounting,
• Management accounting,
• Corporate finance, and
• Taxation.
Topical coverage is also required for:
• Economics,
• Statistics,
• Strategic management
• Operations management,
• Internal control,
• Marketing,
• Human resources, and
• Information technology.
The CMA Entrance Exam is offered twice each year, in June and October.
The exam is four hours in duration and consists of approximately 120 multiple-choice questions. The pass mark
for the exam is 60 per cent.
Candidates must pass the CMA Entrance Exam to proceed to either the
CMA Professional Program or the combined
MBA-CMA Program.
For local program details, scheduling and fees, please
click here to view our program brochure.
How can I receive advanced standing for these
steps?
Please visit the following links to learn more about how you could receive advanced standing in the CMA
program:
•
CMA-accredited university accounting program
•
Opportunities for select professional accountants
•
The Executive CMA Program
Additional resources:
Note: As this is a transitional year, the 2010 CMA Entrance Exam will test candidates on Canadian GAAP
(old handbook) as well as IFRS. The depth and breadth of IFRS content will not deviate from the content
covered in the IFRS Bridging Manual.
This manual was created to help CMA Entrance Exam writers transition between Canadian GAAP and IFRS and is
reflective of the knowledge that will be tested on the exam. Candidates are also encouraged to review the
2010 Sample Entrance Exam as it is representative of the types of questions that will be tested in both
Canadian GAAP and IFRS.
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