ACCA/CIMA info

Author
Discussion

FamilyDub

3,587 posts

165 months

Wednesday 23rd May 2012
quotequote all
Chill, man.

I never even contemplate studying until after results day.

DukeDickson

4,721 posts

213 months

Thursday 24th May 2012
quotequote all
jaedba2604 said:
DukeDickson said:
jaedba2604 said:
Stuff
Judging people on their personal financial situation (which you really know precious little about) - scratchchinrolleyes

Maybe others judge on simple punctuation? Your caps lock appears to be broken for a start.
as i said, everyone has an acid test...it's not something i act upon. as you say, i know very little about it.

i'm not a secretary; i apologise for my lack of capitals. however my punctuation is fine i think.
I'm not exactly Christina Hendricks either (smile). However, taking a certain viewpoint while simultaneously digging yourself a grave rarely goes well. Also, I've met people from all areas of the spectrum & I'd suggest that you might want to take something of a wider view.

However, rightly or wrongly, suss out your postings (even if that means fishing around here for a while).

jaedba2604

1,854 posts

147 months

Thursday 24th May 2012
quotequote all
DukeDickson said:
jaedba2604 said:
DukeDickson said:
jaedba2604 said:
Stuff
Judging people on their personal financial situation (which you really know precious little about) - scratchchinrolleyes

Maybe others judge on simple punctuation? Your caps lock appears to be broken for a start.
as i said, everyone has an acid test...it's not something i act upon. as you say, i know very little about it.

i'm not a secretary; i apologise for my lack of capitals. however my punctuation is fine i think.
I'm not exactly Christina Hendricks either (smile). However, taking a certain viewpoint while simultaneously digging yourself a grave rarely goes well. Also, I've met people from all areas of the spectrum & I'd suggest that you might want to take something of a wider view.

However, rightly or wrongly, suss out your postings (even if that means fishing around here for a while).
i wasn't digging myself a grave. the matter for debate appears to be accountancy qualifications, and my opinion was indirectly relevant to that. my use of capitals (nothing to do with punctiation, more grammar), has nothing to do with that opinion. i wasn't suggesting that everybody has to hold the same opinion. domestic finances represent the simpliest form of business, if an accountant can't get that right, then to me, it suggests that whatever qualification they got, they'll struggle to be much beyond a bean counter. if you'd take an accountant on who has a ccj against their name then that's your lookout, in fact most institutes would remove you from their register for this very reason.

nevertheless, thanks for your advice. smile

hornet

6,333 posts

250 months

Thursday 12th July 2012
quotequote all
Thread bump, as it's results day.

Passed P1 smile

Office_Monkey

1,967 posts

209 months

Thursday 12th July 2012
quotequote all
Congrats smile I would enjoy the summer, but the next lot will be here quicker than you think!

sastanack

138 posts

146 months

Thursday 12th July 2012
quotequote all
I've passed the second year of AAT and signed up for the last.

They took us all in the other week for a 'this will be really hard' talk and tried to scare some of us out of it. They can boot you off in the first six weeks if they don't think you can do it, because after that the records will have you down as attending for the year regardless and it will mess up their numbers if you fail!

And there's supposed to be some optional units on this year but the college has decided for us which ones we'll be doing, apparently going with what the majority thought was best (although none of the students I've spoken to had any idea this decision was made already).

It's probably still better that I go to the college and get the year done than do different units at home and mess it up.

Anywho - well done hornet!

hornet

6,333 posts

250 months

Thursday 12th July 2012
quotequote all
Office_Monkey said:
Congrats smile I would enjoy the summer, but the next lot will be here quicker than you think!
Next lot of tuition kicks off in a month, then it's exams again in November. That gets the first level out of the way, after which it may be time to double up, we shall see. Took me 12 years to get back into studying, so no rush smile

kakashi1

4 posts

132 months

Sunday 28th April 2013
quotequote all
Hey Guys,

This is the first thread that I have seen that is actually quite productive.
I had the whole CIMA/ACA debate myself and think that the ACA is technically (on a literal technical level) more difficult and the CIMA may be the better route for me.

I have about 7 exemptions which include P1 and F1 and F2 but I have looked at the exam content and don't think that I could pass the exams right now if I took them so I wanted to know if there were any problems if I took said exemptions when I get to the later stages of the exams..

Anyone able to offer some advice?

MrDecadent

2,171 posts

175 months

Monday 29th April 2013
quotequote all
Damn... need some motivation frown

I'm sitting CIMA E2,P2 & F2 in May and really flagging on the question practice/revision now. I've done all my lectures so it would be a shame to not push on!


hornet

6,333 posts

250 months

Monday 29th April 2013
quotequote all
I'm wading through F2 at the moment and am likewise in something of a motivational trough. Not so much that I don't know the topics, just that finding time has been a real struggle with work, which results in a weird cycle of not studying, getting anxious about not studying, then not studying because I'm anxious I won't know the answers!

MrDecadent

2,171 posts

175 months

Monday 29th April 2013
quotequote all
ha I live constantly in that cycle at the moment. I have lots of other things to do but generally just sit (or read PH) thinking about studying not achieving anything at all.

I have found getting up @ 530 and studying before work helps. I hate coming home in the evenings to study frown


kakashi1

4 posts

132 months

Monday 29th April 2013
quotequote all
Its nice that you guys have quite a nice community here.
Just wondered how long you guys been studying the CIMA and what kind of jobs do you do? where are you hoping the CIMA will take you?

I work in a bank in project finance which can be interesting at a high level but at a low level it can be boring... doesn't really test my technical skills! and I am studying for the CIMA to add to my CV as I am fairly happy in banking at the moment.

Have you guys been to the BPP classes? do you guys study all the time?

on a more softer note anyone live in London? what cars do you guys have biggrin

MrDecadent

2,171 posts

175 months

Tuesday 30th April 2013
quotequote all
I considered for ages between CIMA & ACCA. I settled for CIMA as it seemed more forward focused and relevant to all areas of business, ACCA seemed to focus on the technicalities which if I needed to know in the working environment I would simply look up. Therefore I felt CIMA was more relevant to my career. However either qualification will stand you well in the future.

I feel like I have been studying for ages. I started with the AAT when I was 25, taken about a year off to renovate a house and am currently studying for my last 3 managerial exams before the strategic level (after this I have 4 exams left… positive thinking… I will pass these 3 first time haha).

I have been working mainly as a management accountant since 25 (was an assistant for a year) and started from the bottom at 20 (didn’t go to uni). I am currently seconded for a year (or more!) on a finance system implementation project (Sun systems + various modules). I am leading on financial interfaces with the various systems we have around my organisation. I have found the enterprise pillar of CIMA to be very relevant to working on project and dealing with people & change.

I work in London but don’t live there! (Herts smile ). Drive a Seat Leon FR at the mo.

hornet

6,333 posts

250 months

Tuesday 30th April 2013
quotequote all
Took me an absolute age to commit to studying again, having done an HNC as far back as '99. Once I stopped procrastinating and took the plunge, I had to go in at the certificate level, as didn't meet the requirements for the professional qualification by virtue of not having a degree (didn't go to uni), although the HNC gave me a few exemptions. Viewing my studies as more of an insurance policy than a mad dash for a senior career, as generally happy with my work/life balance at the moment. Consequently being quite slow and deliberate about taking the exams. Fully aware that needs to change at strategic level, but shall cross that bridge when I come to it. First target was to pass the certificate so I could get on the qualification proper. After that, it was to complete the operational level and review. I've now done that, so new target is to complete management level and then review again.

Job wise, I'm a stock accountant in the downstream arm of an oil major, which I sort of ended up doing through "career osmosis". Job evolved out of a more basic back office role following various mergers and restructures, so now includes government reporting, compliance, projects and ad hoc "key user" stuff. Probably correct to think of it as doing the studies to get theoretical knowledge up to speed with vocational knowledge. Company has just restructured yet again, so will be moving into a more "accounting cell" sort of role - still have the core stock function, but with added cover for treasury, assets, management accounts, the lot! Bit daunting, but dovetails nicely with the studies, so can't complain. Last few years have been a challenge, but the studies have definitely helped, and I've found my thought processes becoming much sharper. As above, I've found the enterprise pillar especially useful. I tend to think in pictures - mental flow charts if you will - so things like supply chain analysis and business process re-engineering have been really useful, as I've found I can apply the concepts to other areas of my job. Everything is a flow at the end of the day. Equally, stuff like quality assurance and JIT have been good not only for work based stuff, but as concepts in general.

Oddly, I'm yet another Herts dwelling SEAT driver, although only an Ibiza 1.4, so not quite as exotic. Role is shortly moving into London proper, which I'm actually quite excited about, even with the extra travel. I'm a fine one to talk, as it took me years to get back into studying, but it's definitely worth it. And with that, I have to lock myself away for an hour or so of F2 work smile

MrDecadent

2,171 posts

175 months

Wednesday 8th May 2013
quotequote all
Coincidence! I quite like working in London, enjoy the walk to the train station - I go into Kings Cross, trains are quite reliable to be fair and my particular one isn't that busy.

I had an Ibiza 1.4 a few years ago too!

I am focusing on F2 for this session, 3 was a but optimistic and I haven't been that engaged this season.#

Although strategic level has to attempted all together, if you don't pass all three you can pick them off one by one. My boss did it this way and it seems less daunting.

Edited by MrDecadent on Wednesday 8th May 17:54

2 sMoKiN bArReLs

30,254 posts

235 months

Wednesday 8th May 2013
quotequote all
MrDecadent said:
if you don't pass all three you can pick them off one by one. My boss did it this way and it seems less daunting.
Tsk..things ain't what they used to be. We had to pass all in a single hit, (there was a convoluted referral system if you got 48% in one paper on a full moon)

MrDecadent

2,171 posts

175 months

Wednesday 8th May 2013
quotequote all
Blimey that's pretty tough going, what happened if you fudged one up ( <48%) and passed the other two? re-take all 3?


2 sMoKiN bArReLs

30,254 posts

235 months

Wednesday 8th May 2013
quotequote all
MrDecadent said:
Blimey that's pretty tough going, what happened if you fudged one up ( <48%) and passed the other two? re-take all 3?
All four..

Four at a time over two days

kakashi1

4 posts

132 months

Sunday 7th July 2013
quotequote all
Hey guys,

I've finally signed up to the CIMA have my first exam on 27 July (to be booked).
I am due to take the CO4 Business Economics paper and wanted advice on how to approach it.

any help is appreciated smile

NightRunner

Original Poster:

12,230 posts

194 months

Sunday 7th July 2013
quotequote all
Holy thread resurrection!

This won't help at all but...

I booked it as a 'have a go' exam, with NO revision. Just what I've garnered from the business papers.



Got 77%!


IMO it's the easiest of the cert papers. Don't worry!