CIMA – Chartered Institute of Management Accountants
About CIMA
CIMA- The Chartered Institute of Management Accountants (CIMA) is a UK-based professional body that focuses on management accounting. CIMA offers globally recognized qualifications aimed at individuals pursuing careers in management accounting, finance, and business.
Qualification Overview
CIMA provides a professional qualification in management accounting, called the CIMA Professional Qualification, which is split into three levels; Operational level, Management Level, Strategic Level.
Unlike financial accounting bodies like ACCA or ICAEW, CIMA is more focused on management accounting, which involves business decision-making, strategic planning, budgeting, performance evaluation, and cost management
Covers basic management accounting and finance skills.
Focuses on more advanced management accounting, financial management, and decision-making skills.
Emphasizes high-level strategic management, leadership, and business acumen.
Membership and Benefits
Upon completing the qualification and gaining relevant work experience, members can use the designation ACMA (Associate Chartered Management Accountant) or FCMA (Fellow Chartered Management Accountant).
CIMA members are recognized globally for their expertise in financial management, business strategy, and performance improvement.
CIMA is recognized in over 170 countries, and its qualification is highly valued by employers in industries ranging from finance to manufacturing, consulting, and government.
CIMA is ideal for individuals who wish to develop their expertise in business management and strategy, combining accounting skills with a focus on improving organizational performance and decision-making.