London Academy for Higher Education, in Partnership with University of East London, Queen Margaret, Edinburgh University and University of London Programs

Chartered Institute of Management Accountant

About CIMA
The very best source of information concerning CIMA with regards to registration, examinations or membership is contained in the CIMA Information Pack for students. All registered students are expected to receive a copy. Be sure to get yours from LAHE or directly from CIMA on +44 (0)20 7663 5441 or www.cimaglobal.com

CIMA ranks among the most successful Professional Bodies in the world. In the past decade membership has grown to over 50,000 students worldwide. CIMA students, graduates and members can work in every area of Accounting and finance. They are well sought after in Manufacturing and Commercial sectors. They are particularly sought after in Management Consultancy and other related areas.

Eligibility for Examination / Membership
If students possess any or a combination of the above qualifications, they may be eligible to register as a student of the CIMA and proceed on their way to membership.

Students do not need to be employed as an Accountant in order to sit for CIMA exams, although they will need to complete a satisfactory Record of Practical Experience (formerly known as logbook) covering between two and three years before they can finally be admitted to membership.

Students are advised to check their eligibility with CIMA on +44 (0)20 7663 5441 or www.cimaglobal.com before enrolling on our course.

Foundation level
Upon completing the Foundation level students will receive the

CIMA Certificate in Business Accounting

1 Financial Accounting Fundamentals (FAFN)
(three-hour exam paper)
Content Study weighting
Conceptual and regulatory framework 20%
Accounting systems 20%
Control of accounting systems 15%
Preparation of accounts 45%

2 Management Accounting Fundamentals (FMAF)
(three-hour exam paper)
Content Study weighting
Cost determination 30%
Standard costing 15%
Costing and accounting systems 20%
Marginal costing and decision-making 15%
Budgeting 20%

3a Economics for Business (FECB)
(two-hour exam paper)
Content Study weighting
The economy and the growth of economic welfare 10%
The market system and the competitive process 40%
The macroeconomic framework 30%
The open economy 20%

3b Business Law (FBLW)
(two-hour exam paper)
Content Study weighting
The English legal system 10%
Establishing contractual obligations 10%
Performing the contract 10%
Contractual breakdown 10%
The law of employment 10%
Company formation 15%
Corporate administration 10%
Corporate finance 10%
Corporate management 15%

3c Business Mathematics (FBSM)
(two-hour exam paper)
Content Study weighting
Basic mathematics 10%
Summarising and analysing data 25%
Probability 20%
Financial mathematics 20%
Forecasting 25%

Intermediate level

Upon completing the Intermediate level students will receive the

CIMA Advanced Diploma in Management Accounting

4 Finance (IFIN)
(three-hour exam paper)
Content Study weighting
The finance function 10%
Sources of long-term finance 30%
Sources of short-term finance 20%
Working capital management 40%

5 Business Taxation (IBTX)
(three-hour exam paper)
Content Study weighting
Tax administration 5%
Employee taxation 10%
Corporation tax 25%
International aspects of CT 20%
Capital gains (for companies only) 10%
Value Added Tax 10%
Tax planning 20%

6a Financial Accounting - UK Standards (IFNA) or
6b Financial Accounting - International Standards (IFAI)
(three-hour exam paper)
Content Study weighting
Regulation 10%
Accounting statements 40%
Accounting treatment of significant transactions 30%
Interpretation 20%

7a Financial Reporting - UK Standards (IFRP) or
7b Financial Reporting - International Standards (IFRI)
(three-hour exam paper)
Content Study weighting
Group financial statements 45%
The measurement of income and capital 20%
Developments in financial reporting 15%
The analysis of financial statements 20%

8 Management Accounting - Performance Management (IMPM)
(three-hour exam paper)
Content Study weighting
Standard costing 25%
Budgeting 30%
Costing Systems and Decision Making 45%

9 Management Accounting - Decision Making (IDEC)
(three-hour exam paper)
Content Study weighting
Decision-making 40%
Costing and accounting systems 30%
Investment appraisal 30%

10 Systems & Project Management (ISPM)
(three-hour exam paper)
Content Study weighting
Project management 30%
Information technology and systems 35%
Control of activities and resources 10%
Audit of activities and systems 15%
Management of quality 10%

11 Organisational Management (IORG)
(three-hour exam paper)
Content Study weighting
Organisational management 25%
The functional areas of organisations 15%
Human resource management 30%
Management of relationships 15%
Management of change 15%

Final level

12 Management Accounting - Business Strategy (FLBS)
(three-hour exam paper)
Content Study weighting
Setting objectives 10%
Appraising the environment % 25
Position appraisal and analysis 25%
Evaluating strategic options 25%
Implementing and controlling plans 15%

13 Management Accounting - Financial Strategy (FLFS)
(three-hour exam paper)
Content Study weighting
Financial strategy formulation 25%
Business valuations 25%
Risk management 25%
Advanced investment appraisal 25%

14 Management Accounting - Information Strategy (FLIS)
(three-hour exam paper)
Content Study weighting
Strategic information management 25%
Strategic dimension - using IS/IT competitively 35%
Planning and implementation of IS/IT strategies 25%
The social and organisational impact of IS/IT 15%

15 Management Accounting - Case Study (FLCS)
(three-hour exam paper)
Content Study weighting
All material to date, particularly Final Level 100%

Student Registration
To be eligible to enrol for the CIMA exams, you must register as a student with CIMA. Having met the minimum registration requirements, you are initially required to attempt all the papers in each Level, unless you have been granted exemptions. CIMA examinations are held twice a year in the final week of May and November.

Exemptions
Exemptions are concessions granted by the Institute removing the need for you to sit certain examinations in its syllabus. These are granted in recognition of student's previous relevant studies, for example as part of a Degree or previous Accountancy courses such as the AAT. These must be applied for when first registering as a student.

The syllabus contains seventeen Papers organised into 3 Levels. The foundation Level gives students a solid foundation in Accountancy, Business, Information Technology and Economics concepts. At the Intermediate level, students will learn the fundamentals of Finance and Business at a Managerial Level. The Final Stage provides students with the ability and technique to work at a Board Level. Details of subjects contents and syllabuses can be provided to our students upon registration / course enquiry.

Students are encouraged to contact the Institute's Student Exemptions Helpline, where their application for exemption/s will be reviewed on +44 (0)20 7663 5441 or www.cimaglobal.com

Those students wanting to sit CIMA's examinations, require motivation, dedication, determination and expert guidance which LAHE can provide. The qualification is rewarding and beneficial. Our strategy of combined test-based and tutorials for a single price makes LAHE a unique training College in the UK.