CMA Fundamentals Program

Program Introduction
The CMA Fundamentals Program consists of two online courses that provide comprehensive coverage of the Introductory Financial Accounting and Management Accounting prerequisites required for the CMA Accelerated Program. To be eligible for the CMA Accelerated Program, students must have successfully completed these two courses, along with a minimum grade of 60 per cent in economics and statistics, and must also have a degree from a recognized post-secondary institution.

By registering for the CMA Fundamentals Program, students will receive:

textbooks covering the required material;
access to the Lyryx website, where students will complete chapter quizzes; and
lesson notes outlining the objectives of each chapter and solutions to textbook problems.

Note: the primary purpose of the CMA Fundamentals Program is to assist students in obtaining the introductory accounting prerequisites required for the CMA Accelerated Program. These courses are not transferable to other post-secondary institutions.

Program Overview

Introductory Financial Accounting
This course is an integrated introduction to accounting principles and practices. Accounting is often called the "language of business." The course is designed to help students understand and communicate in this language – something that is important for users of accounting information, not just for those that prepare it. The course should also help students gain an appreciation for the uses of accounting information and the limitations inherent in accounting.

Prerequisites: Proficiency in English and a university degree or equivalent are required.

Introductory Management Accounting
This course examines how accounting information is used within organizations to plan, monitor and control. Managers in all functional areas, whether they like it or not, will have to deal with the management accounting system of the organization they work for. The purpose of this course is to ensure students have a basic understanding of how such systems operate, the language it uses and its limitations.

Prerequisites: Proficiency in English and a university degree or equivalent are required.

Evaluation
Evaluation for each course is based on:

Online chapter quizzes - 40 per cent of the final grade; and
A comprehensive, three hour final exam to be scheduled by the student with their proctor - 60 per cent of the final grade

A pass mark of 60 per cent is required to successfully complete the course.

Note: The course must be completed within six months of registration. Students who do not meet the minimum grade requirement of 60 per cent will not be permitted to enter into the CMA Accelerated Program.

The CMA Fundamentals Program is a rigorous program offered through distance learning only. Students who enter the program must be highly disciplined and must be committed to the work plans outlined in the lesson notes provided with the program.

Program Fee
Students who enrol in the CMA Fundamentals Program must also register for an upcoming intake of the CMA Accelerated Program within the year. The fee breakdown for the CMA Fundamental Program is as follows:

Courses	Cost	GST	Total
Introductory Financial Accounting and the CMA Accelerated Program	$2,950	$147.50	$3,097.50
Introductory Management Accounting and the CMA Accelerated Program	$2,950	$147.50	$3,097.50
Introductory Financial Accounting, Introductory Management Accounting and the CMA Accelerated Program	$3,300	$165	$3,465

Note: The fee breakdown is $350 per course and $2,600 for the Accelerated Program plus GST for the combined totals noted above.

Payment options
The following payment methods are accepted:

cheque
money order
online banking
credit card (Visa, Mastercard, AMEX)

Payments can be delivered to the CMA Alberta office via mail or courier. If you are paying with a credit card, you may fax in your registration form or call the CMA Alberta office at 403.269.5341 or toll-free 1.877.CMA.2000.

Withdrawal Policy

Students must notify the CMA Alberta office in writing of their intention to withdraw from the CMA Fundamentals Program. The date that the letter, email or fax is received at the CMA Alberta office will constitute the withdrawal date. Program refunds will be given as follows:

Refunds will be provided less a $75 plus GST administration fee prior to materials being shipped or picked up;
If materials have been shipped or received, no refund will be issued. Should materials be returned to the CMA Alberta office unopened and in their original condition, a refund less a $75 plus GST administration fee will be issued; and
No refunds will be given to students once the CMA Fundamentals Program has begun. If students wish to withdraw from the Accelerated Program intake that they are currently registered in, they may defer their registration for the next intake of the Accelerated Program. Please note that this is a one-time deferral only and no refunds will be provided should the student wish to withdraw from the Accelerated Program at a later date.

How to apply

1) Fill out the CMA associate application form

2) Send your transcripts to the CMA Alberta office for a free transcript evaluation

3) Fill out the CMA Fundamentals Program application form.

Contact information:

For more information about the CMA Fundamentals Program, please contact:

Jodi Bergeron
Entrance Programs Coordinator
403.269.5341 or toll-free 1.877.CMA.2000