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The CIMA Professional Chartered Management Accounting qualification is considered one of the most relevant finance qualifications for business professionals in the world.
This CIMA Professional Operational Level Package (E1, F1, P1) is the first pillar of three which comprise the CIMA Professional Chartered Management Qualification and it will further the knowledge in accounting of any business or finance professional.
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Who are CIMA?
The Chartered Institute of Management Accountants (CIMA) is the world’s largest and leading professional body of management accountants. CIMA offer the most relevant global finance qualifications for business.
E1 – Organisational Management
- The finance function within a business and the ethical codes by which finance workers are bound.
- The information systems used to assist with management accounting.
- Internal processes including operation management, quality control, marketing and human resources.
P1 – Management Accounting
- Using approved mathematical functions to create workable budgets.
- Defining costs using absorption, marginal and activity factors, and performing variance analysis.
- An introduction to the concept of decision theory and linear programming.
F1 – Financial Reporting and Taxation
- Preparing financial statements for a single company.
- Producing a group accounts consolidated statement of financial position.
- Defining and reporting assets.
- Understanding taxation standards.
- Managing cash, assets and inventories for the greatest financial benefits.
The CIMA Management Level Package of the CIMA Professional qualification will take approximately 60 hours for you to study, we give you 24 months to complete the course so you can complete it at your own pace.
Who is this course for?
The CIMA Professional Chartered Management Accounting qualification is ideal for finance professionals who are focusing their careers on management accounting or who are in a business finance role. This course will help to lay the foundations for your future and deliver the knowledge you need to work your way to the top.
If you have an accountancy or finance degree, or are a member of AAT who is qualified, you can start the CIMA Professional qualification. If you are new to the finance industry, or are just starting in your journey to gain recognised qualifications, you will need to start with the CIMA Certificate in Business Accounting before progressing to the CIMA Professional qualification.
A qualification with CIMA can open many career opportunities, whether that is working in Finance, Project Management or Accountancy. You will also be able to continue onto further studies in CIMA, with the rest of the CIMA Certificate in Business Accounting, with studying members of CIMA earning an average salary of £32,000.
Once you qualify as a CIMA member you can earn wages of up to £60,000.
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