Become a CGMA designation holder. A little about CIMA… • Founded in 1919 • World’s leading and largest professional body of Management Accountants • A truly global community with 229 000 members globally. • Management Accountants specialises in business & finance analysis, strategy modelling and decision making towards business success. The Association of International Certified Professional Accountants — powered by CIMA and AICPA Employed by 696,000+ Finance professionals 173,000 firms and employers Served by Supporting Living in 33 54 192 staff and representative offices credentials, designations, diplomas and certificates countries and territories What is Management Accounting and Its Importance? Provision of information to people within the organisation to help them plan and control activities and to make better decisions. Management Accountants Traditional Accountants • Analyse data, forecasts and budgets to help leaders make decisions • Analyse past financial performance, usually for regulatory reporting • Create reports to be used internally • Create reports to satisfy external regulations • Compile information looking at the future, not the past • Are regulated – reports are in line with prescribed requirements • Measure operational, as well as financial, performance • Measure financial data only CGMA Competency Framework empowers students to become business partners Our research led the CGMA Competency Framework to be updated. This is designed to help finance professionals understand the knowledge requirements and skills needed for current and desired roles. It underpins the syllabus and content in the A-Star Program. The CIMA Qualification The Pillars These three pillars are designed to cover finance and a range of other business areas. Enterprise Pillar – Develop and implement strategies Performance Pillar – Track activities and ensure that strategies are realistic and effective Financial Pillar – Prepare and understand financial statements to keep an eye on performance and inform company decisions Sitting for exams is simple: • Over 6,000 Pearson VUE centres worldwide • 9 Objective Tests on demand • Exam windows available for case study exams: February, May, August & November • https://www.cimaglobal.com/Studying/Exams/Examtimetable/ OPERATIONAL Understanding the Levels – Operational Level INFLUENCES Budgets Finance Officer Colleagues & Peers (Finance) Sample Job titles • Accounts/Finance/Management Accounting Executive/Junior/Senior • Assistant Manager • Supervisor • Accounts Receivable Assistant • Accounts Payable Assistant • Record to Report Assistant (RTR) • Purchase to Pay Assistant (P2P) • General Ledger Assistant • Business Analyst • Finance Analyst Introduction to CIMA Professional Qualification MANAGEMENT Understanding the Levels – Management Level INFLUENCES Plans Manager Colleagues & Peers (Business) Sample Job titles • Accounts Manager • Senior Finance Manager • Regional finance Manager • Financial Controller • Team Leader Financial Analyst • Senior Finance Analyst • Financial Planning & Analysis Manager • Cash Management, Associate Manager (Treasury) • Management Reporting Introduction to CIMA Professional Qualification STRATEGIC Understanding the Levels – Strategic Level INFLUENCES Strategy Senior Manager Senior Management Sample job titles • Chief Financial Officer • Vice President, Director, General Manager, Head of Accounting & Finance • Finance Planning • Strategic Planning • Financial Reporting & Treasury • Financial Controller • Senior Finance Manager Introduction to CIMA Professional Qualification Case Study (SCS) Facts Case Study combines the knowledge and learning across the Enterprise, Performance and Financial pillars. It is set within a simulated business environment, using a fictitious company and based on a real-life industry or organisation. It involves the application of strategic management accounting techniques to analyse, recommend and support decisions. The exam comprises calculations, short answers and essays. Availability Four sittings per year (February, May, August and November) Assessment type Computer-based Duration 3 hours Marking Human Marked, Result within 4 weeks Passing Mark 80/150, Scale Score Strategic Case Study Past Questions Pathway for CIMA Qualification A-Star Program SCS (1 exam) CIMA Affiliate CIMA Normal MCS E3, P3, F3, SCS (5 exams) CIMA Affiliate Degree Majoring in Accounting Introduction to CIMA Professional Qualification Exemption for Normal Pathway - Exempted - Introduction to CIMA Professional Qualification A-Star Programme A high achievers programme, combining the top accounting students globally from top universities. with a distinguish learning structure and supports from renowned CIMA trainers. Students will obtain a cutting edge advantage in todays competitive job market. A-Star Programme Exemptions Top achieving students will be granted the maximum exemptions of 15 out of 16 exams and are required to complete only 1 exam to complete the CIMA Qualification Estimated duration to completion: 3 months Requirements Graduated for not more than 5 years Final year majoring in Accounting or Accounting and Finance CGPA 3.5 or above or equivalent From selected universities Required Documents for A-Star Programme • Transcript • Complete Application form • Recommendation/Verification letter from University What does my future career looks like? Thank you