CMA Study Group

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  • 1.  Approved Calculator Needed

    Posted 10-24-2021 01:01 AM

    Hello Dear Member, 

    Please i need urgent support , if anyone selling the approved calculator , please contact on WhatsApp. I am based in Riyadh. Thank you 

    +966 559917934  

    HP 10bII+
    HP10BII
    HP 12c
    HP 12c Platinum
    HP 10BII+ (Financial)



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    Syed Tanveer Ali
    Director/Manager
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  • 2.  RE: Approved Calculator Needed

    Posted 10-24-2021 07:09 AM
    hello dear syed

    if you know which calculator to use. could you tell me if i can use casio Dj -120 calculator ?

    thank you

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    Noor Maayeh
    Consultant
    Amman
    Jordan
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  • 3.  RE: Approved Calculator Needed

    Posted 10-24-2021 04:08 PM

    Hi Noor, 
    for Part 1 , You can use the simple calculator but as per CMA guidlines only below or similar to below calculators are permitted to take in exam 

    HP 10bII+
    HP10BII
    HP 12c
    HP 12c Platinum
    HP 10BII+ (Financial)

    Please note that these calculators are good for PART 2 exam for section E Investment Decisions and for Section B Corporate Finance while calculatiing PV factor.



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    Syed Tanveer Ali
    Director/Manager
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  • 4.  RE: Approved Calculator Needed

    Posted 10-25-2021 11:40 AM
    Hello Syed,

    During exam they will provide Time value table PDF within questions, right?


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    Tejas Doke
    Accountant
    Dombivli MH
    India
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  • 5.  RE: Approved Calculator Needed

    Posted 10-27-2021 12:51 AM

    Hello Tejas,

    Yes you are right , they will provide the Table for PV factor , FV factor and Annuity. But using calculator will save time. If section E is tested 10% and calculations is required for atleast 3 question for Uneven cashflows scenarios then calculator will save half of the time allocated to each question that can be useful. 

    for IRR calculation if it is tested in exam, then you must use the calculator for quick answer. 

    In short , calculator will save your time in exam. 

    You can use any simple calculator or any calculator which have 6 functions or below suggested by CMA website

    HP 10bII+
    HP10BII
    HP 12c
    HP 12c Platinum
    HP 10BII+ (Financial)

    please HP 10BII + Professional is not allowed. which is available commonly in Saudi arabia. 


    HP 10BII+ (Financial) can be ordered from Amazon.sa. 

     



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    Syed Tanveer Ali
    Director/Manager
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