Send the link below via email or IMCopy
Present to your audienceStart remote presentation
- Invited audience members will follow you as you navigate and present
- People invited to a presentation do not need a Prezi account
- This link expires 10 minutes after you close the presentation
- A maximum of 30 users can follow your presentation
- Learn more about this feature in our knowledge base article
Do you really want to delete this prezi?
Neither you, nor the coeditors you shared it with will be able to recover it again.
Make your likes visible on Facebook?
Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.
CIMA New Presentation
Transcript of CIMA New Presentation
Gateway exam is a 3 hour paper based exam (based on a combination of CIMA’s three management level papers)
On clearing the Gateway exam, you become eligible for strategic Level Exam
On clearing the strategic level exam, you need to clear the case study and fulfill the work based practical experience before getting CIMA membership Remuneration Growing requirement of CIMA Members in India In the present business scenario, controlling costs has become one of the key focus area for most companies . For this purpose, CIMA members are best equipped to drive business performance through sound cost management and planning techniques.
Indian companies continue to expand their business activities beyond domestic boundaries
MNCs continue to set up their operations in India.
This has resulted in an immense need for a global professional qualification that is recognized and widely accepted across organizations, sectors and countries.
Companies which are recruiting CIMA members in India: Vodafone, Ford Motors, KPMG, Deloitte, PepsiCo, IBM , WNS, HSBC, Infosys, E&Y, Tata Motors etc. Employers’ choice – Globally
Nearly 4500 companies have become training partners of CIMA.
A few of them are: Management Accountants are spread out in many non-finance areas …
CIMA is the most relevant accounting qualification for business.
Management accountants interpret financial information to make business decisions.
Top CFOs, CEOs and management consultants are chartered management accountants.
CIMA trained people work in industry, commerce, management consultancies, banks and not for profit and public sector organizations.
Work around the world with CIMA in 176 Countries Why Choose CIMA ? What is CIMA ?
Chartered Institute of Management Accountants.
Largest Professional body of Management Accountants since 1919 .
The only international accountancy body with a sole focus on business.
Responsible for the qualification of Chartered Management Accountants.
Internationally Recognized. Supports over 195,000 members and students in 176 countries.
10% of working members are Finance Directors (including CFOs) and 9% are Financial Controllers, 16% are Chief Executive Officers or Managing Directors.
3500+ members and students in India and growing. PGP in Management Accounting “Gateway to CIMA” Official learning partner of CIMA Levels of CIMA Professional Qualification Management accounting combines accounting, finance and
management with the leading edge techniques needed to drive
What Management Accountants do?
Advise managers about the financial implications of projects
Explain the financial consequences of business decisions
Formulate business strategy
Monitor spending and financial control
Conduct internal business audits
Explain the impact of the competitive landscape. What is Management Accounting? What is Management Accounting IMS Proschool Programs Post Graduate Program
( 6 Month – 9 months)
Financial Modeling & Business Analysis
Management Accounting - CIMA Certification Program
Chartered Financial Analyst
Certified Financial Planner Certification
Financial Services Foundation
Chartered Institute Management Accountant IMS Proschool Credentials Partner with NISM (National Institute of Securities Market - an Initiative of SEBI) to spread Financial Literacy and Awareness across 135,000 school in the country.
Tie-up with National Stock Exchange's NCFM for Certification test administration
Approved learning partner of CIMA (UK) for management accounting qualification About Proschool About Parent Organization: Proschool was launched in 2006 with the objective of equipping graduates and young professionals, with relevant and current skills through standards-based and thoroughly tested certification programs to enable them to perform in a wide spectrum of business environs.
Proschool has an excellent track-record of delivering
Trained more than 10,000 working professionals across India
300+ Certified Financial Planner
2000+ Associate Financial Planner students
200+ Financial Modeling Certified students
CIMA syllabus - Performance Pillar How does finance facilitate the way we formulate and implement strategy? Apply tools and techniques for decision making Provide information for operational and strategic decision making Identify and manage risks Advise on product manufacture and pricing
Plan and manage cost for competitive advantage
Design and manage budgeting system
Evaluate performance of organisational units Calculate and analyse cost of products etc
Forecast and budget for organisational activities
Evaluate capital expenditure
Manage short-term finance (e.g. cash) Evaluate and manage business risk
Manage financial risk
Review, audit and evaluate risk control systems
Apply risk management to IT/IS environment
CIMA syllabus - Enterprise Pillar How do we formulate and effectively implement strategy? How do we mobilize the whole organization to implement strategy? How do we implement strategy using projects? How do we formulate strategy and plan for its implementation? Analyze competitive environment (internal & external)
Identify, construct and evaluate strategic options
Implement strategy through change management
Use performance management systems to implement strategy Analyze competitive environment
Plan, set up, manage and execute projects
Lead team (including managing conflict, disciplining)
Negotiate and communicate effectively Use IT policy and practices to implement strategy.
Use marketing techniques and tools to implement strategy.
Demonstrate understanding of process efficiency and quality.
Use people management to successfully implement strategy. A Global Profession Continuous professional developmet Powered by a JV between AICPA and CIMA CGMAs are part of a new, worldwide network of management accounting professionals, working in and advising the world’s leading corporations, private and public organisations, small businesses and start-ups. Distance Learning
IMS PROSCHOOL PVT LTD
Head Office :
438/439 4th floor,
Plot No. 2,3& 4,
Sector 19 A,Vashi Navi Mumbai – 400705
Tel: 9372895050; 022-65285393 PUNE
IMS Proschool Pvt Ltd
1st Floor, 1206/24 B, Anandi Vilas,
Off J M Road, Shivaji Nagar,
Landmark: Midway – The Lane connecting Hotel Shivsagar (JM Road) to Apte Road
Tel. No.: 020-65004735/36 MUMBAI
IMS Proschool Pvt Ltd
MVM College Center
Veera Desai Road (Third right on Veera
Near Laxmi-Narayan Temple,
Mumbai – 400053
Tel. No.: +91. 9619207323 Mumbai (Head Office) How to enroll for CIMA? Visit www.proschoolonline.com or contact :
CIMA syllabus – Financial Pillar How do we prepare and interpret financial statements to make decisions? Prepare simple financial statements Prepare and analyze complex financial statements Make financial decisions Evaluate and apply IFRS
Prepare complex group accounts
Analyse and interpret financial statements
Prepare Corporate Social Responsibility reports Formulate and evaluate financial strategy & structure
Conduct business or corporate valuation
Model and forecast cash flows and other finances
Advise on mergers, acquisitions and divestment's Set up and manage ledger systems
Use IFRS and GAAP
Prepare financial statements for single company
Prepare basic tax computations Entry Routes to CIMA Professional Qualification Entry route for CA, CWA, MBA & PGP Management Accounting “ Gateway Assessment Exam” Entry route for commerce graduates “Operational Level” Entry route for students after 12th or students from non-commerce background: “Certificate in Business Accounting Learn best of MBA, CA & CWA in CIMA CIMA Enterprise Pillar Management Financial Pillar - Finance Financial Accounting & Reporting
M & A
IFRS People Mgt & leadership
Strategic Mgt. Budgeting
Pricing & costing
Project Evaluation Performance Pillar - Costing Best of Both Worlds MBA programmes ‘Accounting’
Regulatory and compliance Institute of Chartered Accountants of India v Management Skills & Financial Orientation Practical, On-The
(Plus Code of Ethics) v Strategy IT Marketing Consulting all of the above One global standard Code of ethics and enforcement The parent organization IMS is India’s no.1 Test Preparatory Services organization with presence in 100 cities through 140+ centres and a market leadership spanning 30 years Management Accounting :
Use of accounting data collected with the help of financial accounting and cost accounting for decision-making Financial Accounting :
Recording business transactions in the books of accounts Cost Accounting :
Collection, classification and ascertainment of the cost of production