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Detail information on the CIMA Exclusive pathway route

CIMA Exclusive pathway route

CIMA Exclusive pathway route

The Chartered Institute of Management Accountants (CIMA) is a UK based professional body offering training and qualification in management accountancy and related subjects. It is focused on accountants working in industry, and provides ongoing support and training for members.

CIMA is one of the professional associations for accountants in the UK and Ireland. Its particular emphasis is on developing the management accounting profession. CIMA is the largest management accounting body in the world with more than 227,000 members and students in 179 countries. CIMA is also a member of the International Federation of Accountants.

CIMA operates a standard scheme of qualifying examinations for prospective members. It promotes local education, training and management development operations, and new techniques through its research foundation and the dissemination of management accounting practices through publications and other media related activities. CIMA has been active in recent educational and vocational initiatives in former Eastern bloc countries. It publishes a monthly journal, supplied free to members and registered students, called ‘Financial Management’.

CIMA is recognised as a professional accounting body for various statutory purposes by UK and various overseas governments. The institute regulates the activities of its members by a code of practice, a discipline committee and (a recent innovation) a continuing education scheme. Its governing body is its council, comprising members elected from regional branches. Each of the branches has a committee and is responsible for much of the ‘grass roots’ activity. Activity such as qualification development is undertaken from the London head office.

The CIMA Global Business Challenge, an annual international business and strategic management competition for undergraduates around the world, is designed to bring out the best in the young business leaders of tomorrow.

In July 2009, CIMA added an online community – CIMAsphere – to its website. The community consisted of a range of blogs, discussion boards, groups, community answers, expert Q&A sessions and some social networking features for members, students and the general public. This has since been shut down. Members are instead encouraged to join the CIMA LinkedIn group, and students are directed to CIMAconnect, an online study support portal.

In 2011, CIMA entered into a joint venture with the American Institute of Certified Public Accountants (AICPA) to launch a global management accounting designation called the Chartered Global Management Accountant (CGMA).In the Americas outside the U.S., non-U.S. CPAs can obtain the new designation as an AICPA International Associate, after a rigorous assessment process. In the rest of the world, new designation holders are able to become members of CIMA after the same assessment process.

CIMA is proactive to tie up with American CPA because of the current convergence trend between US-GAAP and IFRS, reinforced following the merger of the iconic New York Stock Exchange with Germany’s Deutsche Boerse AG. “It remains to be seen whether companies listed in a combined exchange would be required to report under IFRS, US GAAP or both, but as the US appears to be moving towards IFRS adoption it is more likely the international standards would be the accounting rules of choice”.

CIMA Exclusive pathway route

Fast track entry routes

Fast track your journey to become a Chartered Global Management Accountant (CGMA) in Singapore through our various fast track entries and special routes.

CGMA strategic leaders programme 

As a C-suite executive, you would probably have gained vast work experience in finance and business functions that would qualify you to be a certified professionally. Take the leap forward to become a CGMA through the exclusive CGMA Strategic Leaders Programme. Sit for ONE final exam of the CIMA qualification.

ISCA-CIMA pathway

CIMA and the Institute of Singapore Chartered Accountants (ISCA) has signed a memorandum of agreement to establish the ISCA-CIMA pathway to provide a fast track route for members of ISCA to become CIMA members and gain the Chartered Global Management Accountant (CGMA) designation.

Master’s Gateway

Adding a professional qualification to your MBA or Master’s in Accounting will give you an even stronger advantage in the job market. Find out about the Master’s Gateway accelerated route into CIMA.

Students or members of other professional bodies

Want to accelerate your career? Whether you’re still studying or you’ve progressed to membership at a recognised IFAC body, it’s important to think about what you want to achieve next.

CIMA Exclusive pathway route

Proven members of ICMAI would be offered an exclusive pathway route by CIMA, and allowed exemptions for 16 exams – CIMA Certificate in Business Accounting (five exemptions) and Professional Qualification (11 exemptions), leading up to the strategic case study exam. An ICMAI member would have to take only ONE exam, the strategic case study, to complete the professional qualification.

On passing the strategic case study, proven members of ICMAI will need to demonstrate three years’ relevant experience (as specified in CIMA’s PER) to obtain CIMA membership and be awarded with the prestigious, globally acclaimed title of Chartered Global Management Accountant (CGMA). If you are interested and want to know more about how to qualify for the coveted CGMA title, please email askcimaindia@cimaglobal.com with the title ‘ICMAI exclusive pathway route’.

CIMA Exclusive pathway route

CPA Australia and CIMA, both full members of IFAC, share common and strong interests in the advancement of the accountancy profession.

Recognising that global portability is increasingly important for professional accountants around the world and to take advantage of opportunities for our members, CIMA and CPA Australia entered into a mutual recognition agreement to provide:

  • Recognition of their respective members’ prior qualifications.
  • Membership services to each other’s members in their ‘home’ locations.

As of 1 January 2017 the existing MRA is replaced by the new Member Pathway Agreement (MPA) and there will be additional study requirements.

  • CPA to CIMA applicants will need to register as a student, complete the CIMA Strategic Case Study exam and pay fees associated with this.
  • CIMA to CPA applicants will need to complete Better Practice in Governance and Accountability (online course).

CIMA Exclusive pathway route

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CIMA Exclusive pathway route

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