CMA Final Paper 19 study plan

Map the strategic-management syllabus into a one-page outline covering external analysis, internal analysis, strategy formulation, strategy execution, and performance measurement

Apply a PESTLE and a five-forces analysis to a named real company and write up the findings in your own words

Build a value-chain diagram for a manufacturer and label which activities are primary versus support

Solve 20 cost-volume-profit problems, including multi-product break-even and target-profit calculations, and log every error by cause

Distinguish cost leadership, differentiation, and focus strategies and match each to concrete pricing and investment decisions

Compute and interpret standard-cost variances for materials, labor, and overhead, explaining each variance's likely cause

Prepare a segmented income statement using contribution margin and decide which segment to keep or drop

Draft a balanced-scorecard example with two measures per perspective for a single business unit

Work through the revenue-recognition five-step model and apply it to three contract scenarios of your own construction

Record journal entries for leases, depreciation, and impairment under current standards and explain the effect on the financial statements

Build a process-costing schedule for a department with beginning work-in-process using equivalent units

Reconcile absorption costing and variable costing operating income and explain the difference in inventory terms

Prepare a full set of financial statements from a trial balance, including a statement of cash flows using the indirect method

Compute and interpret liquidity, solvency, and profitability ratios for two years of data and flag the three most important trends

Calculate the weighted average cost of capital using market-value weights and defend each input assumption

Explain how a change in accounting policy or estimate flows through to the ratios and to the cost of capital

Evaluate three capital projects using net present value, internal rate of return, payback, and profitability index, and resolve a ranking conflict between methods

Build a working-capital policy comparison covering cash conversion cycle, receivables, and inventory decisions

Assess a capital-structure decision against the trade-off between tax shields and financial distress costs

Connect the investment and financing decisions back to the strategic plan and justify one capital-allocation recommendation

Compute dividend policy outcomes under residual and stable-dividend approaches and compare shareholder effects

Analyze a business-formation choice among sole proprietorship, partnership, and corporation on liability, taxation, and control

Outline the elements of a valid contract and apply offer, acceptance, and consideration to two short fact patterns

Identify the fiduciary duties of directors and officers and apply the business-judgment rule to a hypothetical conflict

Apply an ethics decision framework to three scenarios involving confidentiality, conflicts of interest, and reporting pressure, citing the relevant professional-code principles

Identify fraud risk factors and design two internal controls that would mitigate a described weakness

Explain the role of an audit committee and the control environment in preventing financial-reporting failures

Describe data-governance, data-quality, and privacy obligations for a company collecting customer transaction data

Interpret descriptive statistics and a regression output to support a forecasting or cost-driver decision

Explain how an ERP or analytics system changes management-reporting timeliness and decision quality

Complete two full-length timed mock exams and score each by domain

Re-drill every missed item from the error logs and close each gap with a written rule you can recall