Free CMA Part 1 Exam Prep
CMA Part 1: Financial Planning, Performance, and Analytics
Pass your CMA Part 1 exam without spending hundreds on expensive prep courses. Free study guides, practice questions, and AI-powered learning.
Quick Facts
CMA Professional License: Complete Roadmap
Follow this path to maximize your chances of passing on the first try
External Financial Reporting & Cost ManagementYou are here
Master GAAP/IFRS financial statements, revenue recognition, lease accounting, cost behavior, job/process costing, ABC, and CVP analysis (30% combined).
Planning, Budgeting & Performance Management
Study strategic planning, budgeting methodologies, forecasting, variance analysis, responsibility accounting, transfer pricing, and balanced scorecard (40% combined).
Internal Controls & Technology
Learn COSO framework, ERM, internal audit, data governance, business intelligence, predictive analytics, and emerging technologies (30% combined).
Practice Exams & Essay Preparation
Take timed practice tests covering MCQs and essay scenarios. The essay portion tests your ability to apply concepts to real-world business situations.
Can You Take the CMA Part 1 Exam?
Check if you meet the basic eligibility requirements
- •IMA membership required to register ($280/year professional, $49/year student)
- •Must complete both Part 1 and Part 2 within 3 years of entering the program
- •30 hours of continuing professional education (CPE) required annually
- •2 CPE hours in ethics required each year
CMA Part 1 Quick Facts
Time to Get Licensed
3-6 months per part (150-170 study hours recommended per part)
From start to license in hand
Exam Provider
Prometric (test center or ProProctor remote proctoring)
Retake Policy
Can retake at the next testing window (3 windows per year: Jan-Feb, May-Jun, Sep-Oct). Full exam fee required. Must complete both parts within 3 years.
Total Cost Breakdown
Free CMA Part 1 Prep That Actually Works
The official pass rate is ~45% per part (~35% first-time for both parts combined). Our students do better.
400+ Practice Questions
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AI Tutor Explains Mistakes
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Updated for 2026
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What You'll Study
7 chapters covering everything you need to pass
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CMA Part 1 Exam Details
CMA Part 1: Financial Planning, Performance, and Analytics
Administered by IMA (Institute of Management Accountants)
Exam Content Breakdown
Based on the official IMA (Institute of Management Accountants) content outline
GAAP, IFRS, financial statement preparation, revenue recognition, lease accounting
Strategic planning, budgeting methodologies, forecasting techniques, pro forma statements
Variance analysis, responsibility accounting, transfer pricing, balanced scorecard
Cost behavior, job/process costing, ABC, CVP analysis, relevant costing
COSO framework, ERM, internal audit, governance, fraud prevention
Data governance, BI, predictive analytics, emerging technologies
What's Included
7 Chapters
Complete exam coverage
Practice Quizzes
With detailed explanations
Free to Start
No credit card required

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What's Next After the CMA Part 1?
After passing the CMA Part 1, you can pursue these career paths
CMA Part 2
Strategic Financial Management to complete CMA certification
CPA
Public accounting and audit certification
CFP
Financial planning certification
CMA Part 1 Exam FAQ
Compare the CMA Part 1
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Official IMA (Institute of Management Accountants) Resources
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