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The Exam is Changing In 2020!

The CMA exam is changing soon! The Institute of Management Accountants (IMA) recently announced the CMA 2020 exam changes, and if you plan to earn the CMA certification in the next year or so, you need to know about them.

The ICMA (Institute of Certified Management Accountants) has announced a few changes to the CMA exams effective with the January/February 2020 testing window.

  • CMA Part 1 has a new section on technology and analytics, and internal auditing has been removed.
  • CMA Part 2 has a new topic on social responsibility, and a few specific accounting topics have been removed.

Because these changes affect only about 10-20% of each exam, the current exams and the 2020 exams are interchangeable (there is no “transition” phase). That is to say, candidates can take one of the Parts under the 2019 syllabus and one of the Parts under the 2020 syllabus. Candidates studying now or starting to study in the next few months do not need to change their study plans.

There is a brief announcement about the change on the IMA web site here: https://www.imanet.org/cma-certification/getting-started/cma-2020-exam-changes, where you can also download the new 2020 Learning Outcome Statements.