From November 2019, the CIMA syllabus will be changing to enhance the employability of students and members. It aims to provide learners with the skills, competencies and mindsets that are in high demand by employers and reflect the nature of the profession which is being redefined by technology and digital advances.
The Certificate is CIMA’s entry level accounting qualification for students with little or no accounting background. The certificate level provides business experience beyond just financial accounting and gives insight into how the different areas of accounting relate to the business world. It forms the basis of the CIMA Professional Qualification but is also a valuable qualification on its own.
You will need to register with CIMA directly prior to enrolling onto a course.
There are 4 subjects, examined by 2 hour computer-based assessments on-demand.
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.
You will also need to register with CIMA directly prior to enrolling onto a course.
The CIMA Professional Qualification syllabus is split into 3 pillars and 3 levels, and comprises 12 exams: 9 Objective Tests, and 3 Case Study exams.
Operational Level covers the implementation of strategy, as well as reporting on the implementation of strategy. Its focus is short-term.
Management Level translates the strategy decided at higher levels, and communicates it to lower levels for implementation. It monitors and reports on the implementation of strategy, and ensures corrective action is taken when required. It has a medium-term focus.
Strategic Level concentrates on making strategic decisions and providing the context for which those decisions will be implemented. Its focus is the long-term.
The subjects at each level are designed to be sequential, from Operational to Strategic level, encouraging the progressive development of knowledge, techniques and skills.
To be a fully certified Chartered Management Accountant you will need to complete all exams as well the relevant practical experience requirement.
For more information visit the CIMA website
Vale Financial Training offers the opportunity to study CIMA at a steady pace learning the material as weekly based study, one unit at a time.
The CIMA Certificate courses will be offered on a rolling basis throughout the year.
The CIMA Professional courses will be offered on a rolling basis for the Objective Test exams and the Case exams once or twice a year to fit with the sessional dates.