Jul 5, 2010

CIMA – Managment Accounting Qualification

Management AccountingManagement accounting is the practical science of value creation within organizations in both the private and public sectors.

It combines accounting, finance and management with the leading edge techniques needed to drive successful businesses. Management accountants operate in financial and non-financial roles throughout organizations and carry out all their training and experience requirements within business itself, providing them with a unique insight into how their organizations operate.

Chartered Management Accountants are financially qualified business leaders

They operate within all areas of organizations, in both the private and public sectors, driving success and creating value through a combination of the application of leading edge techniques and an in-depth understanding of the businesses in which they operate. Whilst qualified in accounting and finance, their focus is commercial and forward looking, pre-empting and adapting to businesses’ changing needs.

They use this to shape the future of their organizations. They have a broad business perspective, and excellent employment opportunities around the world.

In 2007, the World Bank endorsed CIMA as a global authority on management accounting.

In 2009, CIMA celebrates its 90th anniversary. It signs mutual recognition agreements with two of the world’s leading accounting bodies – CMA Canada and CPA Australia – to promote the ever-increasing employ-ability of its members around the world.

// You must be thinking about CIMA and a question will be in mind that what exactly is CIMA is……..

CIMA is the voice of over 171,000 members and students in 165 countries. It is responsible for the education and training of management accountants who work in industry, commerce, not-for-profit and public sector organizations.

CIMA is a leading membership body that offers a globally recognised professional management accounting qualification. CIMA qualification has an emphasis on accounting for business. CIMA reputation as a professional and regulatory body has never been stronger. CIMA qualified management accountants have an excellent understanding of finance and business.

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