Financial and Managerial Accounting Associate

Title

Summary

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Date(s)/Cost

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Details

Field of Interest

• Accounting & Bookkeeping – Entry-level accounting roles, including bookkeeping, accounts payable/receivable, and financial reporting.
• Financial Analysis – Understanding financial statements, budgeting, and financial performance evaluation.
• Management Accounting – Cost management, internal financial planning, and performance analysis.
• Corporate Finance – Budgeting, forecasting, and financial decision-making within businesses.
• Auditing & Compliance – Assisting with internal audits, financial controls, and regulatory compliance.
• Banking & Financial Services – Supporting financial institutions in risk assessment, reporting, and financial advising.
• Business & Entrepreneurship – Managing financial aspects of small businesses or startups, including budgeting and cost control.
• Public Sector & Nonprofits – Financial management for government agencies and nonprofit organizations.
• Supply Chain & Operations Management – Understanding cost structures, pricing strategies, and financial efficiencies in operations.
• Students & Career Changers – College students, recent graduates, or professionals looking to transition into the accounting and finance field.

Type of Certification
- Industry Certification for Institute of Management Accountants (IMA)

Financial Aid
This course is not eligible for Financial Aide. 

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What You'll Learn

Upon completion of the class students will be able to:

• Understand Fundamental Accounting Principles – Grasp core concepts in financial and managerial accounting.
• Prepare and Analyze Financial Statements – Create and interpret income statements, balance sheets, and cash flow statements.
• Apply Cost Management Techniques – Utilize cost classification, cost-volume-profit analysis, and cost allocation strategies.
• Develop and Manage Budgets – Plan and control financial resources through budgeting and forecasting.
• Assess Financial Performance – Use key performance indicators (KPIs) and financial metrics to evaluate business health.
• Understand Ethical Standards in Accounting – Apply professional ethical principles in financial decision-making.
• Support Financial Planning & Decision-Making – Assist in strategic planning with financial data insights.
• Enhance Internal Financial Controls – Identify and implement best practices for financial risk management.
• Gain a Competitive Edge in Finance & Accounting Careers – Build a foundation for entry-level roles or further certifications such as the CMA or CPA.

Career Opportunities

Earning the Financial and Managerial Accounting Associate (FMAA) certification opens the door to a wide range of career opportunities in accounting, finance, and business management. By gaining a solid foundation in financial reporting, budgeting, cost management, and ethical accounting practices, individuals can qualify for entry-level positions such as accounting assistant, financial analyst, bookkeeper, or budgeting specialist. This certification also serves as a stepping stone for those looking to advance toward higher-level credentials like the Certified Management Accountant (CMA) or Certified Public Accountant (CPA), which can lead to roles in corporate finance, auditing, and financial consulting. Additionally, professionals in other fields—such as business operations, supply chain management, and entrepreneurship—can use the FMAA to enhance their financial literacy and decision-making skills, making them more competitive in their industries. With no prerequisites required, the FMAA is accessible to students, career changers, and working professionals, providing a pathway to stable, well-paying careers in the ever-growing financial sector.

Who should take the course?

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• College Students & Recent Graduates – Those pursuing or completing degrees in accounting, finance, business, or related fields.
• Entry-Level Accounting & Finance Professionals – Individuals looking to strengthen their foundational knowledge and advance in their careers.
• Career Changers – Professionals transitioning into accounting or finance from other industries.
• Bookkeepers & Accounting Assistants – Those seeking formal recognition of their skills and a pathway to career growth.
• Entrepreneurs & Small Business Owners – Business owners who want to better understand financial statements, budgeting, and cost control.
• Corporate Professionals in Non-Financial Roles – Employees in operations, supply chain, or general management who need financial acumen.
• Public Sector & Nonprofit Employees – Professionals managing budgets, financial reporting, or compliance in government or nonprofit organizations.
• Banking & Financial Services Employees – Individuals working in banking, lending, or financial advising who need a strong foundation in accounting principles.
• Individuals Considering CMA or CPA Certification – Those planning to pursue advanced certifications and looking for an introductory credential.
• Anyone Interested in Strengthening Financial Skills – Professionals looking to enhance their understanding of financial decision-making and performance analysis.

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Registration Hours: Mon - Thurs 8AM - 5PM, Fri 8AM - 4PM payments accepted via phone, or walk-in. Please make checks payable to AWC. Visa, MasterCard, and Discover cards accepted.
Refund/Cancellation Policy: A 100% refund will be granted if a request is made 2 business days prior to the start of class. A 50% refund will be issued if notice is received less than 2 business days prior to class. No refunds will be issued after the first day of class.