NEW! 2017 Wiley CMAexcel Learning System Is Here
The 2017 Wiley CMAexcel Learning System is now available. Wiley and the IMA have worked closely to produce these updated texts and ensure they offer thorough coverage of the latest Learning Outcome Statements for the 2017 CMA Exam.
A thorough review of all textbook content has been completed to:
- Eliminate non-exam related content,
- Align coverage of content with the specific weight each topic relative to the total exam,
- Eliminate known errors and review for accuracy as well as relevance to the exam (e.g., eliminating coverage of “extraordinary items”),
- Add relevant new examples to support retention and retrieval.
Among the content updates (in italics) to this year’s textbooks are:
PART ONE
Section C.3. Performance measures
OLD: identify and describe the characteristics of successful implementation and use of a balanced scorecard.
NEW: identify and describe the characteristics of successful implementation and use of a balanced scorecard; demonstrate an understanding of a strategy map and the role it plays.
PART TWO
Section B.2. Long-term financial management
OLD: Determine the weight average (historical) cost of capital and the cost of its individual components.
NEW: Determine the weighted average cost of capital and the cost of its individual components.
Section B.4. Working capital management
OLD: Evaluate the trade-offs among the variables in marketable security selections, including safety, marketability, yield, maturity, and taxability.
NEW: Evaluate the trade-offs among the variables in marketable security selections, including safety, marketability/liquidity, yield, maturity, and taxability.
Section C.2. Marginal analysis
OLD: Identify and define relevant costs (incremental, marginal, or differential costs), sunk costs, avoidable costs, explicit and implicit costs, and relevant revenues.
NEW: Identify and define relevant costs (incremental, marginal, or differential costs), sunk costs, avoidable costs, explicit and implicit costs, split-off point, joint production costs, separable processing costs, and relevant revenues.
Get the Latest 2017 Wiley CMAexcel Learning System
Learn more about the full 2017 Wiley CMAexcel product offering here.
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