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Certified Management Accountant (CMA)

CMA Study Plan for the 2020 CMA Exams Now Available

HOCK is pleased to announce that the CMA Study Plans for the 2020 CMA exams are now available on our CMA Study Plans page. The PassMap for each Part has also been updated in My Studies.

An important reminder: Students studying for the September/October 2019 testing window should continue to use the old/existing study plan and materials to prepare for their exams. Only students studying to take the exams in 2020 should use the new materials.

If you don’t have your HOCK CMA materials yet, you can learn more about the HOCK CMA Exam Prep including our exclusive “You Pass Or We Pay” Guarantee, and start studying today.

As always, if you have any questions about the materials or the exams, please do not hesitate to contact us.

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PassMap for CMA Part 1 Section F (2020) Now Available

Note: This announcement applies only for CMA Part 1 candidates taking the exam in 2020, and not to candidates taking the exams through October 31st, 2019.

The CMA Part 1 Section F PassMap is available in My Studies for HOCK students who have the CMA Review or CMA Complete materials. We continue to welcome your feedback about the PassMap, whether positive or negative, so that we can be sure that we are providing the most useful study tools.

If you don’t have your HOCK CMA materials yet, you can learn more about the HOCK CMA Exam Prep including our exclusive “You Pass Or We Pay” Guarantee, and start studying today.

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PassMap for CMA Part 2 Now Available

A few months ago, HOCK introduced our interactive study planner called the PassMap that combines the study plans with a personalized schedule in an online dashboard, allowing you to easily track and see your progress through the materials, including a progress bar and countdown to your exam date. If you fall behind or change your expected exam date, you can easily adjust your schedule with a few clicks.

Now, the CMA Part 2 PassMap is available in My Studies for HOCK students who have the CMA Review or CMA Complete materials. We continue to welcome your feedback about the PassMap, whether positive or negative, so that we can be sure that we are providing the most useful study tools.

If you don’t have your HOCK CMA materials yet, you can learn more about the HOCK CMA Exam Prep including our exclusive “You Pass Or We Pay” Guarantee, and start studying today.

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Win a 45 Minute Session with Brian Hock

If you feel like you need more support, or a mentor, who will help you maximize your study time, motivate you, and give personal recommendations, then now is your chance. You have a unique opportunity to meet with me individually through a drawing for a free 45 minute One to One with Brian Hock Session, which is normally $99.

Here is what you need do to enter to win a free session with me:

  1. Post a picture of you studying with HOCK materials on social media: Facebook, Twitter, LinkedIn, or Instagram.
  2. Tag the HOCK international home page, www.hockinternational.com
  3. Use hashtag #hock
  4. In your post, write why you chose HOCK and what you think about the HOCK materials

Deadline: September 20th.

Please leave us a comment below if you have any questions. I look forward to meeting you!

Brian Hock, CMA, CIA

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2020 CMA Exam Materials Update – Part 2 Sections C-F

HOCK is pleased to announce that the Part 2 Volume 2 Textbook (Sections C-F) for the 2020 CMA exams is now available. The questions and videos for Sections C through E are also ready for 2020. Questions and videos for Section F are still in development and will be available in the coming weeks. All HOCK students who have the materials for the current exam syllabus have access to the 2020 materials at no additional charge.

An important reminder: students studying for exams through October 31, 2019 should continue to use the old/existing materials to prepare for their exams. Only students studying to take the exams in 2020 should use the new materials. More information about the 2020 CMA exam changes is available here.

Topics added/changed in CMA Part 2 Sections C-F (Textbook Volume 2) for 2020:

  • Section C: Qualitative Factors in Decision Analysis (pages 117-118).
  • Section F: The entire Ethics Section was re-written for the 2020 exam syllabus (pages 235-283).

Topics deleted in CMA Part 2 Sections C-F (Textbook Volume 2) for 2020:

  • Section E: Accounting Rate of Return.

Please watch our web site or social media pages for further announcements regarding future materials updates for the 2020 CMA exams.

As always, if you have any questions about the materials or the exams, please do not hesitate to contact us.

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2020 CMA Part 1 New Topic: Integrated Reporting (Section A)

Integrated reporting is one of the new topics on the syllabus of the CMA Part 1 Exam beginning in January 2020. The focus of integrated reporting is reporting more about the company than just the financial statements.

One way of looking at integrated reporting is that it is similar to companies applying the balanced scorecard approach to themselves. In the evaluation of employees, a balanced scorecard approach is when the evaluation consists of more than just the evaluation of the work of the person compared to the financial budget. While there are managers who are able to achieve short-term results, sometimes the way that they act towards their colleagues, customers, and suppliers means that the success does not carry into the long-term. The four traditional perspectives that are assessed under a balanced scorecard evaluation are: learning and growth, business processes, customers, and financial performance.

For companies, the financial statements provide only a limited picture of the health of the company based on what information is required to be reported. Integrated reporting is the process of companies reporting more than just their financial results, but also their impact on stakeholders, the environment, and anyone who comes into contact with the business. The primary purpose of integrated reporting is to explain not just how the company has created value in the past, but how it will continue to create value in the future.

If you are studying for the CMA exams in 2020, you will learn about Integrated Reporting in Part 1, Section A. Whether you are studying for CMA or not, you can learn more about Integrated Reporting here: https://integratedreporting.org/

Integrated reporting is a topic that will continue to become more important and is something that accountants will be working with increasingly in the future. Whether or not you need to study integrated reporting for the 2020 CMA exams, I encourage you to learn more about it, and if you have any experiences with integrated reporting already, you are welcome to share those experiences in the comments.

Brian Hock, CMA, CIA

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2020 CMA Exam Materials Update – Part 1 Sections D-F

HOCK is pleased to announce that the Part 1 Volume 2 Textbook (Sections D-F) for the 2020 CMA exams is now available. The questions and videos for Sections D and E are also ready for 2020. Questions and videos for Section F are still in development and will be available in the coming weeks. All HOCK students who have the materials for the current exam syllabus have access to the 2020 materials at no additional charge.

An important reminder: students studying for exams through October 31, 2019 should continue to use the old/existing materials to prepare for their exams. Only students studying to take the exams in 2020 should use the new materials. More information about the 2020 CMA exam changes is available here.

Topics added/changed in CMA Part 1 Sections D-F (Textbook Volume 2) for 2020:

  • Section D: Expanded discussion of Lean Resource Management (pages 112-116).
  • Section E: More details added to the steps of software development (pages 227-231).
  • Section F: New Section for 2020 covering Technology and Analytics (pages 244-370).

Topics deleted in CMA Part 1 Sections D-F (Textbook Volume 2) for 2020:

  • Section E: Internal Auditing.

Please watch our web site or social media pages for further announcements regarding the rest of the materials updates for the 2020 CMA exams.

As always, if you have any questions about the materials or the exams, please do not hesitate to contact us.

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2020 CMA Exam Materials Update – Part 1 Sections A-C and Part 2 Sections A-B

HOCK is pleased to announce that the first Sections (Textbook Volume 1) for both Parts of the 2020 CMA exams are available. All HOCK students who have the materials for the current exam syllabus have access to the 2020 materials at no additional charge.

An important reminder: students studying for exams through October 31, 2019 should continue to use the old/existing materials to prepare for their exams. Only students studying to take the exams in 2020 should use the new materials. More information about the 2020 CMA exam changes is available here.

Topics added/changed in CMA Part 1 Sections A-C (Textbook Volume 1) for 2020:

  • Section A: Added Integrated Reporting (pages 41-53).
  • Section A: Terminology change of uncollectible accounts to credit losses (pages 59-70).
  • Section A: Added depreciation for tax purposes (pages 110-111).
  • Section A: Updated leases for new accounting standards (pages 131-135).

Topics deleted in CMA Part 1 Sections A-C (Textbook Volume 1) for 2020:

  • Section A: Deleted off-balance sheet financing.
  • Section B: Deleted best practices for budgeting.

Topics deleted in CMA Part 2 Section A-B (Textbook Volume 1) for 2020:

  • Section A: Deleted EBITDA ratios.
  • Section A: Deleted off-balance sheet financing.
  • Section B: Deleted bankruptcy.
  • Section B: Deleted tax implications of transfer pricing.

Materials for the remaining Sections of the new 2020 CMA exam syllabus will be released as they are completed in the coming weeks. Please watch our web site or social media pages for further announcements.

As always, if you have any questions about the materials or the exams, please do not hesitate to contact us.

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New! Interactive Study Planner – HOCK PassMap for CMA Part 1

The HOCK study plans have been a staple of the HOCK CMA exam prep since its introduction fifteen years ago, guiding you step by step through your studies. These PDF-based plans tie the books, videos, and questions together section by section and topic by topic.

Now, with our new interactive study planner called the PassMap, HOCK has combined the study plan with a personalized schedule in an online dashboard, allowing you to easily track and see your progress through the materials, including a progress bar and countdown to your exam date. If you fall behind or change your expected exam date, you can easily adjust your schedule with a few clicks.

The CMA Part 1 PassMap is available in My Studies for HOCK students who have the CMA Review or CMA Complete materials and the Section A PassMap is available in the CMA Trial. We would like to hear your feedback about the new PassMap, whether positive or negative, so that we can be sure that we are providing the most useful study tools.

A PassMap for CMA Part 2 will also be coming soon, providing HOCK students with a seamless plan through both Parts of the CMA exams.

If you don’t have your HOCK CMA materials yet, you can learn more about the HOCK CMA Exam Prep including our exclusive “You Pass Or We Pay” Guarantee, and start studying today.

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Video: Six Tips for Answering MCQs on the CMA Exams

In this video, get six tips for answering multiple-choice questions on the CMA exams, including how to quickly eliminate answer choices and use clues from the question to determine the correct answer.

For more information about the CMA exam scoring and grading including how many MCQs are not evaluated during the exam (and why) see How is my CMA Exam Score Determined?.

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