Iryna Knyzhnikova
Head of BDO Academy
CIMA (Chartered Institute of Management Accountants) is a global association of management accountants in the United Kingdom of Great Britain and Northern Ireland established in 1919. It includes more than 696,000 students and members in 192 countries.
Preparation based on CIMA training programs helps to broaden your thinking and cover all business areas in general and gives you the opportunity to save time from processing financial information for the previous periods, and to use time efficiently for the development of the company in the future. The relevance of CIMA training programs is generated by the regular curricula review and content courses updates, which are implemented taking into account the views of employers and practitioners working in the field of management accounting and financial management.
The CIMA certificate is:
- a combination of skills of management accounting, financial accounting and business management;
- the opportunity to prove yourself as a high-profile specialist;
- new career opportunities;
- recognition of professional qualifications worldwide;
- and, of course, the growth of financial remuneration for your work.
The CIMA Certificate in “Performance Management” includes two modules: P1 “Operational Performance Management” (CIMA P1) and P2 “Business Performance Management” (CIMA P2).
To earn your certificate, you are required to take successfully exams in these modules.
Module P1 “Operational Performance Management” focuses on short-term decision-making.
The CIMA Р1 program contains blocks:
- Cost accounting for decision-making and control purposes — 30%
- Budgeting and control over its use — 25%
- Short-term business decisions — 30%
- Short-term decisions under uncertainty — 15%
After successfully taking the CIMA Module P1 exam, program participants receive a course attendance certificate from BDO Academy.
Read more about the СІМА P1 Module here
Module P2 “Business Performance Management” medium-term decisions, cost and performance management.
The CIMA Р2 program contains blocks:
- Cost management for value creation — 20%
- Investment decisions — 35%
- Performance management and control of cost centers — 30%
- Risk and control — 15%
After successfully taking two CIMA P1 P2 exams, program participants receive a course attendance certificate and CIMA Cert PM status. The following phrase will be in the certificate:
CIMA certificate “Business Performance Management”
Read more about the СІМА Р2 Module here
BDO Academy provides full administrative support when registering for the exam, assistance in paying for the exam in the UK and earning the diploma.
Who will be interested in the training:
Specialists in management and accounting, financial managers and directors, financial analysts and auditors, and business leaders and specialists in the field of strategic and financial management. The advantage of СІМА certification is the ability to consider financial issues from a commercial point of view and to focus on strategic management accounting and financial management.
Requirements for candidates: understanding of management accounting basics; knowledge of mathematics; educational requirements are absent.
After taking the CIMA Certificate in Business Performance Management, it is possible to continue your studies and earn the CIMA Diploma in Business Management. In addition, holders of CIMA Certificate in Business Performance Management get BA1-BA4 (previously — C01-C05), P1 and P2 exam exemptions and may continue their studies in English, moving to a strategic level of qualification — CIMA Diploma in Management Accounting.
Possible form of training: CIMA ONLINE
Business coach — Tetyana Gerasimova
Why does study at BDO Academy increase your chances to successfully take the exam?
- High percentage rate of taking exam by participants of our programs.
- Comfortable learning mode: full-time + distance, a combination of weekdays + weekends
- Highly qualified coach
- Remote support of students by the professor during training
- Own set of educational materials
- Access to СІМА mock exam
- Our faith in your success!
BDO Consulting LLC is an accredited provider to prepare for CIMA certification “Business Performance Management”.
About the Association of International Certified Professional Accountants, and AICPA & CIMA
The Association of International Certified Professional Accountants® (the Association), representing AICPA® & CIMA®, advances the global accounting and finance profession through its work on behalf of 696,000 AICPA and CIMA members, students and engaged professionals in 192 countries and territories. Together, we are the worldwide leader on public and management accounting issues through advocacy, support for the CPA license,the CGMA designation and specialized credentials, professional education and thought leadership. We build trust by empowering our members and engaged professionals with the knowledge and opportunities to be leaders in broadening prosperity for a more inclusive, sustainable and resilient future.
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