Certified Management Accountant (CMA) Exam — Part 2: Strategic Financial Management Audio Study Guide & Podcasts

Andrew and Ava unpack common-size (vertical) and trend (horizontal) analysis—what they actually tell you, how the exam tries to trick you, and why percentages can still lie to your face.

Andrew and Ava turn CMA ethics into something you can actually remember: when confidentiality bends, what “notify your employer” really means, and why “we have a code of conduct” is not an ethics program.

Andrew drags ERM back to reality while Ava tries to color-code it into existence: financial risk types, hedging trade-offs, and why 'ethical culture' is more than a PDF nobody reads.

Andrew and Ava tackle capital investment decisions: WACC vs project rates, NPV vs IRR vs MIRR, and the classic exam traps like book-value weights, mismatched nominal/real cash flows, and IRR ranking disasters.

Andrew and Ava break down security valuation, WACC, and NPV for CMA Part 2—market vs book weights, after-tax debt, project risk, nominal vs real, and the exam’s favorite traps.

Andrew and Ava wrestle CVP and contribution margin into submission—breakeven, relevant range traps, special-order price floors, and the exam’s favorite gotchas.