CPE Self-Study
Strategy Development Track (Modules 1-6)
Business Management and Organization
Online: 7.5
The CGMA: Strategy Development Track hones in on strategic management skills, especially the importance of how an organizationís external and internal environment affect strategy development, and how to develop strategic options.

CGMA designation holders qualify for additional discounts on this product

In order to receive your special pricing, you must be registered and signed in. View the complete list of development products available on CGMA.org.

CPE On-Demand
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Product details

Who Will Benefit?

  • Management Accounting practitioners: These courses are designed to assist anyone who desires a deeper understanding of strategic topics related to management accounting.
  • CGMA exam candidates: Accountants worldwide must pass the same case study exam in order to obtain the CGMA designation. The courses in this track align directly with topics tested on the CGMA exam, and can be used to prepare for the exam.

Learning Objectives

  • Identify the processes of strategic analysis, including the application of the suitability, acceptability and feasibility framework
  • Identify the roles and responsibilities of directors and the strategic management accountant in the strategy formulation and implementation process
  • Identify key external factors that influence an organization's strategy
  • Recognize the use of vision and mission statements in orienting the organization's strategy
  • Identify and prioritize the key environmental drivers of organizational change
  • Identify key resources and capabilities needed for strategy implementation
  • Identify and categorize an organization's value chain activities
  • Analyze the organization's current position(using corporate appraisal SWOT analysis and gap analysis)
  • Identify various techniques used in forecasting, such as trend analysis, system modelling, and in-depth consultation with experts (e.g., Delphi method)
  • Recognize scenario planning, long-range planning, and game theory as tools in strategic planning and decision making
  • Recognize real options as a tool for strategic analysis
  • Recognize opportunities to apply tools such as Porter's generic strategies, Ansoff's product/market matrix, and the Boston Consulting Group(BCG) matrix
  • Recognize acquisition, divestment and relocation strategies and their place in the strategic plan

This CPE course is included in the 50+ hours of CGMA Strategic Management Accounting. It can also be purchased individually or as a part of Strategy Development and Implementation

AICPA, the American Institute of Certified Public Accountants, and CIMA, the Chartered Institute of Management Accountants, two of the world's most prestigious accounting bodies, have formed a joint venture to elevate the profession of management accountancy by establishing the CGMA designation as the most valued, globally recognized management accountant designation.

Management accountants are trusted to guide critical business decisions and drive strong business performance. Their skills encompass a mix of operations, management and strategy. The CGMA designation gives you the opportunity to prove you have these skills, and the ability to take business to the next level.

The Strategy Development Track consists of six comprehensive online self-study courses that combine dynamic videos, illustrations, and audio recordings to guide you through the following areas:

  • The process of strategy formulation
  • Strategic use of mission, vision and stakeholders
  • The effect of the external environment on organizational strategy
  • Value chain and operational strategy
  • Organizational analysis, forecasting and strategic planning
  • Strategic analysis and evaluation methods

Courses Included

Ratings and reviews

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American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

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CPE credits
: 7.5
NASBA Field of Study
Business Management and Organization
Management accounting experience or the equivalent
Delivery Method
QAS Self-Study
Course acronym
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