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Detail information on the Qualification of CIMA

Detail information on the Qualification of CIMA

Detail information on the Qualification of CIMA:
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.[1] CIMA is also a member of the International Federation of Accountants.

Detail information on the Qualification of CIMA

PROFESSIONAL QUALIFICATION

Bridging the skills gap

Producing competent and confident management accounting professionals who can guide and lead their organisations to sustainable success.

Detail information on the Qualification of CIMA

CIMA Professional Qualification

The CIMA Professional Qualification is recognised worldwide as the most relevant global finance qualification for a career in business.

By studying with CIMA you will be joining a global organisation powered by two of the world’s leading accounting bodies (AICPA – the American Institute of Certified Public Accountants and CIMA). We work together to make management accounting the most valued profession in business worldwide.

On completion of the CIMA Professional Qualification, you will be awarded the Chartered Global Management Accountant (CGMA) designation, recognising your value and showcasing your professionalism, business and leadership skills, ethics and commitment.

As accountants in business, management accountants need to understand how businesses operate, how they are managed, how people work together and how strategy is formulated.

They also need to be able to provide the analysis which managers need to understand the economics of a businesses’ operations, to manage performance and to manage risk. These capabilities are in addition to the core technical financial accounting skills expected of a professional accountant.

Only the CIMA Professional Qualification can give you the right mix of skills, knowledge and experience needed add value to organisations and drive business success.

Detail information on the Qualification of CIMA

CIMA Chartered Management Accounting Qualification

01 Structure of the CIMA qualification

02 Syllabus guidance

03 The full syllabus – operational level

04 The full syllabus – management level

05 The full syllabus – strategic level

06 The full syllabus – Test of Professional Competence in Management Accounting

07 The examination timetable

08 The transition arrangements for students

09 Programme design and the International Education Standards

Detail information on the Qualification of CIMA

Structure of the CIMA qualification

How to qualify To qualify as a Chartered Management Accountant under the 2010 CIMA qualification, an applicant must:

• meet the entry requirements for the Professional Chartered Management Accounting qualification;

• register as a student with CIMA;

• study for, sit and pass nine examinations, as defined within the syllabus;

• achieve the requirements of the Test of Professional Competence in Management Accounting, including

Part A Initial Professional Development – Work Based Practical Experience and Part B Case Study Examination, as defined within the syllabus.

Detail information on the Qualification of CIMA

Operational and management level

Within each learning pillar, students are advised to sit and pass the operational level subject examination before sitting the management level subject. However, examinations from different learning pillars, at either operational or management level, may be sat concurrently. Students are recommended to sit no more than three examinations at any single diet, in order to optimise the probability of success

The pass mark for each of the operational and management level subject examinations is 50% and permanent credit is awarded for any paper in which the candidate scores 50% or more.

Students must pass all operational and management level subject examinations, in each learning pillar, before attempting the strategic level subjects.

On successful completion of all operational level subjects, students are awarded the CIMA Diploma in Management Accounting.

On successful completion of all management level subjects, students are awarded the CIMA Advanced Diploma in Management Accounting.

Strategic level

When attempting the strategic level subjects, students must sit all three examination papers (one from each learning pillar – Papers E3, P3 and F3) together at the first sitting. At any subsequent examination attempts, these papers may be taken in any order and combination.

The pass mark for each of the strategic level subject examinations is 50% and permanent credit is awarded for any paper in which the candidate scores 50% or more.

Students must pass all three strategic level subject examinations before attempting the Test of Professional Competence in Management Accounting

Detail information on the Qualification of CIMA

Syllabus guidance

A Aims of the syllabus

The aims of the syllabus for the CIMA Professional Chartered Management Accounting qualification 2010 are:

• To provide for the institute, an adequate basis for assuring society that those admitted to membership are competent to act as management accountants for entities, whether in manufacturing, commercial or service organisations, in the public or private sectors of the economy. • To enable the institute to examine whether prospective members have an adequate knowledge, understanding and mastery of the stated body of knowledge and skills. • To enable the institute to assess whether prospective members have completed initial professional development and acquired the necessary work based practical experience and skills

Structure of the syllabus

The syllabus comprises three learning pillars:

• Enterprise pillar

• Performance pillar

• Financial pillar

Each learning pillar is divided into three progressive levels:

• Operational level

• Management level

• Strategic level

Detail information on the Qualification of CIMA

Recommended read 

Detail information on the Qualification of CIMA

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