Financial & Managerial Accounting Associate (FMAA)

Course description

Prepare for the globally recognized IMA Financial and Managerial Accounting Associate (FMAA) certification. Build a strong foundation in financial and managerial accounting, budgeting, cost management, and financial analysis to launch or accelerate your accounting career.

Duration13 Sessions / 39 Hours

Price$250

FormatHybrid

LevelFoundation

What you will achieve

Build a strong foundation in financial and managerial accounting.
Prepare confidently for the IMA FMAA certification exam.
Apply accounting concepts to real business decisions.
Strengthen your career opportunities in accounting and finance.

Content covered

The practical learning path.

5 modules

Section A

General Accounting and Financial Management

Understand the accounting cycle, financial records, and preparation of financial statements.
Apply fundamental principles of budgeting, forecasting, and financial planning.
Analyze financial statements using key financial ratios and performance indicators.
Understand working capital management, cash flow, and basic financing decisions.

Section B

Financial Statement Preparation and Analysis

Prepare the income statement, balance sheet, and statement of cash flows.
Understand the relationships between the main financial statements.
Apply common-size, trend, and financial ratio analysis techniques.
Evaluate profitability, liquidity, solvency, and overall business performance.

Section C

Planning and Budgeting

Understand strategic planning and its relationship to organizational goals.
Prepare operating, financial, and cash flow budgets.
Apply forecasting techniques to support effective financial planning.
Analyze budget variances and use the results to improve performance.

Section D

Cost Management and Performance Metrics

Understand cost classifications, cost behavior, and cost allocation methods.
Apply job-order, process, and activity-based costing techniques.
Use cost-volume-profit analysis to support business decisions.
Measure organizational performance using financial and non-financial indicators.

Section E

Professional Ethics

Understand the ethical principles of competence, confidentiality, integrity, and credibility.
Identify and evaluate ethical issues commonly faced by accounting and finance professionals.
Apply a structured approach to resolving ethical conflicts in the workplace.
Promote ethical conduct, transparency, and professional responsibility within organizations.

FAQ

Good to know before you apply.

Who is the FMAA certification for?

The FMAA is ideal for university students, recent graduates, junior accountants, early-career professionals, business owners, and non-finance professionals seeking foundational accounting and finance knowledge.

Do I need a bachelor’s degree or professional experience?

No. There are no education, professional experience, or IMA membership requirements to earn the FMAA certification.

What is the FMAA exam format and passing score?

The computer-based exam consists of 80 multiple-choice questions and must be completed within two hours. The minimum passing score is 200 out of 300.

Where and when can I take the FMAA exam?

The exam is administered at Prometric Testing Centers worldwide. The English exam offers continuous testing, while the Arabic exam is available during three annual testing windows.

In which languages is the FMAA exam available?

The FMAA exam is available in English, Arabic, and Chinese. Exam schedules and result-release timelines may vary depending on the selected language.

Will I receive study materials and exam-preparation support?

Yes. Participants receive comprehensive HOCK learning materials, practice questions, mock exams, and exam-focused guidance covering all five FMAA sections.

Testimonials

Hear it From Our Candidates

It was the most rewarding experience in my professional work life.

Anonymous 12 Aug 2025

We are grateful for your efforts, and we wish you further progress and success.

Anonymous 12 Aug 2025