CMA (Certified Management Accountant) 5-Day Intensive Course - KSA, Oman, GCC & Africa

Master Strategic Financial Management with IMA CMA Certification

Advance your finance and accounting career with our comprehensive 5-day CMA certification training program tailored for professionals in Saudi Arabia (KSA), Oman, UAE, Qatar, Kuwait, Bahrain, and Africa (Nigeria, South Africa, Kenya, Egypt, Ghana). This intensive course prepares you for both CMA Part 1 and Part 2 exams while delivering practical management accounting skills essential for MENA and African markets.

Why CMA Certification in GCC & Africa?

The CMA credential from the Institute of Management Accountants (IMA) is recognized as the premier certification for management accountants and financial professionals globally. With economic transformation across Gulf Vision initiatives and Africa’s emerging markets, CMAs are critical for strategic decision-making. CMA-certified professionals in the Middle East and Africa earn 40-50% higher salaries than non-certified peers and enjoy accelerated career progression to CFO and executive leadership roles.

5-Day CMA Training Course Outline

Day 1: Financial Planning, Performance & Analytics (Part 1 - Section A)

Morning Session (9:00 AM - 1:00 PM)

• Introduction to CMA certification: exam structure and requirements

• External Financial Reporting Decisions: IFRS and US GAAP frameworks

• Financial statement preparation for GCC and African companies

• Revenue recognition standards applicable to Middle Eastern and African industries

• Inventory valuation methods: FIFO, weighted average for regional businesses

• Fixed asset accounting and impairment in oil & gas and mining sectors

• Intangible assets and goodwill for Gulf and African enterprises

Afternoon Session (2:00 PM - 5:00 PM)

• Planning, Budgeting & Forecasting: Strategic planning in KSA and Oman markets

• Annual budgeting processes for Saudi Vision 2030 projects

• Rolling forecasts and scenario planning for volatile African economies

• Zero-based budgeting vs. traditional budgeting in Gulf organizations

• Top-down vs. bottom-up budgeting approaches

• Variance analysis and performance reporting for UAE and Nigerian companies

• Practice problems and multiple-choice questions

• Case studies from Qatari and Kenyan enterprises

Day 2: Performance Management & Cost Accounting (Part 1 - Sections B & C)

Morning Session (9:00 AM - 1:00 PM)

• Performance Management: Balanced Scorecard implementation in Middle East and Africa

• Key Performance Indicators (KPIs) for GCC and African industries

• Responsibility accounting and transfer pricing

• Segment reporting for diversified Gulf conglomerates

• Benchmarking against regional and international standards

• Performance measurement in Saudi Aramco-style organizations

• Lean management and Six Sigma in African manufacturing

Afternoon Session (2:00 PM - 5:00 PM)

• Cost Management: Cost behavior and cost-volume-profit analysis

• Job order costing for construction projects in Oman and South Africa

• Process costing for manufacturing in Egypt and Ghana

• Activity-Based Costing (ABC) for service industries in UAE and Kenya

• Standard costing and variance analysis

• Joint product and by-product costing for Gulf petrochemical companies

• Life-cycle costing and target costing for African telecom sectors

• Extensive calculation practice and problem-solving

Day 3: Technology, Analytics & Internal Controls (Part 1 - Sections D & E)

Morning Session (9:00 AM - 1:00 PM)

• Technology & Analytics: Data analytics for financial decision-making

• Enterprise Resource Planning (ERP) systems: SAP, Oracle in GCC and Africa

• Big data and predictive analytics in Middle Eastern banks

• Blockchain applications in Gulf financial services

• Artificial intelligence and machine learning for African retail

• Data visualization and dashboard creation

• Cybersecurity and data governance in Bahraini and Nigerian financial institutions

Afternoon Session (2:00 PM - 5:00 PM)

• Internal Controls: COSO framework and internal control systems

• Risk assessment in Gulf and African business environments

• Fraud detection and prevention in Middle Eastern organizations

• Internal audit processes compliant with Saudi and Omani regulations

• IT controls and SOX compliance considerations

• Control activities for African banks and insurance companies

• Professional ethics and IMA Statement of Ethical Professional Practice

• Practice exam questions covering Part 1 material

Day 4: Financial Decision-Making & Risk Management (Part 2 - Sections A & B)

Morning Session (9:00 AM - 1:00 PM)

• Financial Statement Analysis: Ratio analysis for GCC and African companies

• Profitability, liquidity, and solvency ratios

• Working capital management in Middle Eastern trading companies

• Cash flow analysis for African infrastructure projects

• Credit analysis and bankruptcy prediction models

• Corporate Finance: Time value of money calculations

• Capital budgeting techniques: NPV, IRR, payback period

• Investment appraisal for Saudi mega-projects and African mining ventures

Afternoon Session (2:00 PM - 5:00 PM)

• Capital structure decisions for Gulf and African corporations

• Cost of capital calculations: WACC for emerging markets

• Dividend policy in Kuwaiti and South African listed companies

• Mergers and acquisitions in Middle East and Africa

• Risk Management: Enterprise Risk Management (ERM) frameworks

• Market risk, credit risk, and operational risk in GCC banks

• Currency risk management for African import-export businesses

• Hedging strategies using derivatives in Gulf markets

• Comprehensive calculation practice sessions

Day 5: Investment Decisions, Professional Ethics & CMA Exam Mastery

Morning Session (9:00 AM - 1:00 PM)

• Investment Decisions: Portfolio theory and capital asset pricing model

• Investment strategies for sovereign wealth funds in UAE and Qatar

• Real estate investment analysis in Saudi Arabia and Kenya

• Private equity and venture capital in African startup ecosystems

• Islamic finance principles for Sharia-compliant investments in GCC

• Sukuk (Islamic bonds) valuation and analysis

• Environmental, Social, and Governance (ESG) investing in Middle East and Africa

• Sustainable finance for African development projects

Afternoon Session (2:00 PM - 5:00 PM)

• Professional Ethics & Leadership: IMA ethics standards

• Ethical dilemmas in Gulf and African business environments

• Corporate governance best practices for Middle Eastern boards

• Leadership competencies for finance professionals

• Comprehensive CMA Exam Preparation

• Exam format: 100 MCQs + 2 essays per part

• Time management strategies for the 4-hour exams

• Essay writing techniques and scoring criteria

• Full-length practice exam simulation (Part 1 & 2 samples)

• Review of challenging topics and calculation shortcuts

• CMA application process and exam scheduling

• Continuing professional education (CPE) requirements

• Career pathways: from CMA to CFO in GCC and Africa

What’s Included in Our CMA Training Package?

✅ Wiley CMA Review Materials or Gleim CMA study system
✅ 2,000+ practice questions covering both Part 1 and Part 2
✅ Video lectures for complex topics and calculations
✅ Regional case studies from Saudi, Omani, UAE, and African companies
✅ Formula sheet and quick reference guides
✅ 6-month post-training support via email and online platform
✅ Arabic, English, and French language support available
✅ Flexible scheduling: weekday, weekend, and evening batches
✅ CMA course completion certificate

Who Should Attend This CMA Course?

• Financial Analysts and Management Accountants in KSA, Oman, UAE

• Controllers and Finance Managers across GCC and African nations

• Cost Accountants in manufacturing and oil & gas sectors

• Internal Auditors and Risk Managers in Middle Eastern banks

• CFO aspirants in Nigerian, South African, and Kenyan corporations

• Investment professionals in Gulf sovereign wealth funds

• MBA graduates seeking advanced finance credentials

• Anyone with bachelor’s degree (CMA has no experience prerequisite for exam)

CMA Training Locations: GCC & Africa

We offer classroom and online CMA training in:

GCC Countries:

• Saudi Arabia: Riyadh, Jeddah, Dammam, Khobar

• Oman: Muscat, Salalah

• UAE: Dubai, Abu Dhabi, Sharjah

• Qatar: Doha

• Kuwait: Kuwait City

• Bahrain: Manama

African Countries:

• Nigeria: Lagos, Abuja

• South Africa: Johannesburg, Cape Town

• Kenya: Nairobi, Mombasa

• Egypt: Cairo, Alexandria

• Ghana: Accra

Virtual live training available globally with timezone flexibility.

Accelerate to CFO Level - Register Today

Join over 100,000 CMAs worldwide and position yourself as a strategic finance leader in the Gulf and African markets. Our expert instructors are IMA-certified with 15+ years of regional experience and maintain an 88% first-attempt pass rate.

Enroll now for the next session and unlock executive-level opportunities in the Middle East and Africa’s fastest-growing economies.

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