FMAA- Financial and Managerial Accounting Associate Preparation Program

certified Certified Course sessions Total Number of Sessions: 10 duration Total Duration: 30 Hours
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Program Overview

Curriculum covers general accounting, financial statement analysis, planning, budgeting, cost management, and professional ethics.

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Who Should Attend

The FMAA is designed for students and professionals at the early stages of their careers who want to build a solid accounting foundation.

  • University students
  • High school students
  • Early-career professionals
  • Career changers
  • Non-accounting professionals
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Learning Objectives

Equip learners with a comprehensive understanding of financial and managerial accounting principles, preparing them for entry-level roles or advanced certifications.

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    Understand basic accounting principles

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    Learn financial statement preparation and interpretation

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    Develop financial analysis skills

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    Introduce managerial accounting concepts

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    Enhance decision-making abilities

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    Provide an overview of the accounting cycle

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    Prepare learners for advanced certifications (CMA, CPA)

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    Develop ethics and professionalism in accounting

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Exam(s) Details

The FMAA exam

The FMAA Exam is a single, computer-based, 2-hour exam in English or Arabic. The exam is administered by the Institute of Management Accountants (IMA).

Available languages:English,Arabic

Total Questions: 120 | Duration: 2 hours

$299 USD

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Course Prerequisite

No prior accounting background required. Suitable for beginners.

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    No prior accounting knowledge required

Course Outline
A. General accounting and financial management (25%)
1. Accounting Terms and Definitions
  • Role of accounting in business
  • Comparison between managerial and financial accounting
  • Types of companies
  • Accounting equation
  • Common accounting terms
  • Accounting principles
 
2. Recording Business Transactions
  • Double-entry bookkeeping
  • Analysis of business transactions
  • Accounting cycle
  • Recording journal entries
  • General ledger
  • Trial balance
 
3. Types of Financial Statements and Their Elements
  • Definition of assets, liabilities, revenues, expenses, and equity
  • Balance sheet
  • Income statement
  • Statement of changes in equity
  • Cash flow statement
 
4. Internal Controls
  • Internal control risks
  • Organizational structure and management philosophy
  • Policies related to safeguarding and verification
 
5. Daily Financial Management of the Company
  • Working capital management
  • Cash management
  • Accounts receivable management
  • Inventory management
 
B. Financial statement preparation and analysis (25%)
1. Recognition and Measurement in Financial Statements
  • Asset valuation
  • Liability valuation
  • Revenue recognition
  • Transactions related to equity
  • Income measurement
 
2. Analysis of Basic Financial Statements
  • Common-size financial statements
  • Base-year trend financial statements
 
3. Financial Ratio Analysis
  • Liquidity ratios
  • Leverage ratios
  • Activity ratios
  • Profitability ratios

C. Planning and Budgeting (20% - Basic & Intermediate Levels)
1. Budgeting Concepts
  • Performance objectives
  • Characteristics of a successful budgeting process
 
2. Budgeting Methodologies
  • Master budget
  • Flexible budget
  • Continuous budget
  • Zero-based budget
 
3. Annual Operating Plan and Supporting Schedules
  • Operating budgets
  • Financial budgets
  • Capital expenditure budgetsPlanning and budgeting (20%)
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Past Sessions Highlights

FMAA - October 2024
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Related Programs

FMAA Info session

calendar
06/04/2026 - 06/04/2026
time
10:00am - 10:30am

FMAA - Financial and Managerial Accounting Associate - Self-Study (Digital & Printed)

Self Study

CMA- Certified Management Accountant - Self-Study (CMA Review Pro)

Self Study

Sunday - Tuesday, 06:00pm - 09:00pm
calendar Date: 12 Oct 2025 - 11 Nov 2025
Language: Arabic
Early Registration : Expired
calendar Date : 20 Sep 2025 - 24 Sep 2025
3,500 QAR
Regular Registration :
calendar Date : 25 Sep 2025 - 7 Oct 2025
4,000 QAR
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