
Explore liabilities as present obligations from past events that cause future outflows, including current and long-term items like accounts payable, accrued liabilities, deferred revenue, and warranties.
Explains how credit sales create accounts receivable, classify them as current assets, and reveal their impact on working capital and turnover, including invoices, due dates, discounts, and bad debts.
Explore fair value concepts, its relation to market value, and how orderly transactions between market participants use principal or most advantageous markets and the market, income, and cost approaches.
Explore how accounting and tax regulations create temporary and permanent differences, driving deferred tax assets and liabilities through timing differences such as depreciation.
Explore the purpose, users, and methods of financial statement analysis, including horizontal and vertical analysis, ratio analysis, and DuPont analysis, to inform economic decisions.
Explore revenue recognition concepts from point in time to performance obligations, including variable consideration (expected value and most likely), significant financing components, non-cash consideration, and contract modifications.
Explains recognition and measurement of accounts receivable, bad debt and allowances, including allowance vs direct write-off, revenue recognition, and related journal entries through MCQ practice.
Explore recognition concepts in US GAAP through MCQ-style problems on cash flow classification, comprehensive income, stock transactions, and depreciation, with emphasis on the indirect method and non-cash activities.
Learn forecasting techniques to link budgeting with sales, using regression analysis, time series, learning curves, and probability to predict future demand, costs, and resources.
Develop strategic planning by aligning corporate, competitive, and functional strategies with internal and external environments, stakeholders, and global considerations.
Explore supply chain management from sourcing to delivery, and apply lean resource management techniques like Kaizen and just-in-time to maximize customer value and minimize waste.
Explore the theory of constraints in supply chains, detailing inventory, throughput accounting, and the drum-buffer system, and explain how to identify, exploit, subordinate, elevate, and repeat to maximize throughput.
Identify and manage the system constraint with the five steps: identify, exploit, subordinate, elevate, repeat; focusing on throughput contribution, inventory impact, and cash flow via throughput costing.
Explore steps in value chain analysis to identify value-creating activities, determine competitive advantage, evaluate cost drivers, and connect supply chain and lifecycle costing to support strategy and growth.
Learn how fundamental analysis and radical redesign of business processes in BPR enable dramatic improvements in cost, quality, speed, and service.
Explore internal audit types—compliance, operational, functional, and consulting—and examine information system controls, including input, processing, and output controls, application controls, and business continuity and disaster recovery planning.
Explore data visualization forms like pie, line, bar, histogram, dot, bubble, and potato charts, dashboards, and tables. Learn to select visuals for big data, audience, and clear communication.
In this fast-paced world it’s imperative to use latest technology in the field of education for the betterment of the students. Navkar Institute has been coaching students from across the country in their classroom study program for over two decades and have received many requests to do something for the students who are not able to attend classroom program because of locational constraint. Navkar Digital Institute aims to serve the coaching needs of such students who are at remote locations through a specially designed Distance Learning Program.
CMA (Certified Management Accountant), is a designation provided by IMA (Institute of Management Accountant). It is a US based course existing since 50 Years. CMA certification has been the global benchmark for Management Accountant and Financial Professionals. In all, there are 70,000 members around the world and approximately 8,000 students appear for the exam every year. According to various surveys, the median total compensation of CMAs is 67% higher than that of Non-CMAs. Average salary for CMA fresher would be approximately 4-5 Lakhs INR, after two years it can reach upto 6-8 Lakhs INR depending upon the corporate and academic skills of the candidate. Major Industries where the employability of CMAs are: MNCs, Consulting firms, Financial services, Investment Banking, etc. Designation that will be offered to candidate after becoming CMA are: Cost Accountant, Internal Auditor, Budget Analyst, Financial Analyst, CFO, Controller, etc.
In this course, you will study Part 1 subject of US CMA course. This section guides about investment decision that a company need to take for the future expenditure and cash flow management.