Faq on CIMA Designatory Letters using the ACMA and FCMA
Faq on CIMA Designatory Letters – Members may use the description ‘Chartered Management Accountant’, Fellows may use the letters ‘FCMA’ and Associates may use the letters ‘ACMA’ after their names.
Faq on CIMA Designatory Letters using the ACMA and FCMA
Faq on CIMA Designatory Letters – If members cannot use the description or letters in the other countries or jurisdictions without infringement, then the institute may authorize the use of lawful alternatives in those countries and jurisdictions. In particular, where appropriate, members may add the suffix ‘(UK)’ after the description ‘Chartered Management Accountant’ or after the letters ‘FCMA’ or ‘ACMA’ (Byelaw 5)
CIMA is committed to upholding the highest ethical and professional standards and to maintaining public confidence in management accounting. CIMA’s ACMA and FCMA designations are our members’ mark of competency and professionalism and show their continued commitment to working within the public interest.
CIMA takes very seriously any information it receives concerning individuals falsely claiming to be members or students of the institute and will take action against them.
Using the CGMA letters
Faq on CIMA Designatory Letters – As a CIMA member, as well as the letters ACMA / FCMA, you can now additionally use the designatory letters ‘CGMA’.*
*Please note that members of CPA Australia or CMA Canada who are elected to CIMA membership through the ‘preferred access’ route after 31 January 2012 are not eligible to use the CGMA designatory letters.
Faq on CIMA Designatory Letters | The CGMA Designation
Faq on CIMA Designatory Letters – Chartered Global Management Accountant™ (CGMA®) is the global designation for management accountants. It’s powered by the resources and expertise of the American Institute of CPAs (AICPA) and CIMA, two of the world’s leading accounting organisations.
As a CIMA member, you automatically qualify for the designation and can use the letters CGMA after your name*.
The CGMA designation extends the global reach of your recognition as a chartered management accountant. You remain a CIMA member, with all the benefits of CIMA membership.
The CGMA designation;
- Recognises your experience and skills globally – Having the CGMA designation will add power to your CV/resume by demonstrating your business acumen, ethics and commitment.
- Showcases your value around the world – Every day we work with key employers and influencers worldwide, increasing awareness of the designation.
- Connects you to a community of like-minded peers – By becoming a part of a global community of professional management accountants, you can share best practices, create innovation and be better prepared to meet the global challenges in today’s business environment.
- Gives you the tools you need to succeed – CGMA tools, webinars, reports and research will challenge your thinking and keep you at the forefront of your profession, giving you a competitive edge. These resources are exclusive to CGMA designation holders.
Faq on CIMA Designatory Letters | Gaining the designation
Faq on CIMA Designatory Letters – When you gain CIMA membership, you also gain the CGMA designation*.
From January 2015, all CGMAs – whether they followed the AICPA or CIMA route – will undertake the same final strategic case study exam and practical experience requirements to become CGMA designation holders. For CIMA students, this is the final case study exam of the CIMA qualification.
*Please note that members of CMA Canada who are elected to CIMA membership through the ‘preferred access’ route after 31 January 2012 are not eligible to use the CGMA designation.
CIMA Part-qualified designations
As you progress through the CIMA qualification, you will be awarded part-qualified designatory letters. You can use these letters after your name on your CV, business cards and LinkedIn profile as long as you continue to pay your annual student subscription.
- CIMA Cert BA: completed all Certificate exams under the 2006 syllabus onwards
- CIMA Dip MA: completed Operational level under the 2010 syllabus onwards
- CIMA Adv Dip MA: completed Management / managerial level under the 2005 syllabus onwards
Gaining these part-qualified designatory letters symbolises your achievement within the qualification and also demonstrates to employers that you’re gaining the knowledge and skills needed to make a difference in the workplace.
After passing all your CIMA exams and gaining your practical experience, you will gain the letters ACMA, CGMA.
CIMA Ethics And Professionalism
This Code contains three parts. Part A establishes the fundamental principles of professional ethics for professional accountants and provides a conceptual framework that professional accountants shall apply to:
a) Identify threats to compliance with the fundamental principles;
b) Evaluate the significance of the threats identified; and
c) Apply safeguards, when necessary, to eliminate the threats or reduce them to an acceptable level. Safeguards are necessary when the professional accountant determines that the threats are not at a level at which a reasonable and informed third party would be likely to conclude, weighing all the specific facts and circumstances available to the professional accountant at that time, that compliance with the fundamental principles is not compromised. A professional accountant shall use professional judgement in applying this conceptual framework.
Parts B and C describe how the conceptual framework applies in certain situations. They provide examples of safeguards that may be appropriate to address threats to compliance with the fundamental principles. They also describe situations where safeguards are not available to address the threats, and consequently, the circumstance or relationship creating the threats shall be avoided. Part B applies to professional accountants in public practice. Part C applies to professional accountants in business. Professional accountants in public practice may also find Part C relevant to their particular circumstances.
Who is eligible for CIMA exam exemptions?
You may qualify for exemptions if you:
- Are a graduate with a qualification listed in our database of CIMA accredited programmes.
- Are a graduate of a degree programme that is related to the CIMA syllabus.
- Are an Association of Accounting Technicians (AAT) student or member.
- Have an MBA or a Master’s in Accounting.
- Are a member or passed finalist of ICWAI or ICMAB, or a member of ICMAP.
- Are studying or have completed a relevant qualification with another professional body.
- You have registered as a CIMA student.
- We receive your educational transcripts and certificates.