ACCA/CIMA info

[Welshbeef]

2 sMoKiN bArReLs said:

..feck me, I know these accountants are clever, but that's manic!

At the end of CIMA you will become ACMA and the qualification is equivalent to a MSc so it's no walk in the park and vital for opening the salary door/breaching the ceiling where the qualified by experiance sit.

[Webbit]

Well done on the exams . I’m also doing CIMA (it’s the right one :P), but came from AAT so exempt from the certificate. I’m doing P1 and F1 for November and I’d recommend doing 2 if you have a demanding/full time job, I find that just about right, but each to their own!

I’m studying with Kaplan as well, did the AAT via distance learning in 20 months and I’m doing CIMA via Kaplans Live online taught sessions, which I’m really enjoying at the moment compared to learning an entire book on your own.

As Welshbeef says it’s a great business focus qualification which opens the door to higher salaries in almost any organisation – something the QBE’s can’t necessarily do (I think they tend to be tied to a sector or even a company).

Cheers
Matt

[Tyson1980]

I'm CIMA qualified (ACMA)

The qual opens many doors and you will see an increase in salary...with that also comes a lot of responsibility in some cases...

pm me for any details/advice

Ta

[Welshbeef]

Tyson1980 said:

I'm CIMA qualified (ACMA)

The qual opens many doors and you will see an increase in salary...with that also comes a lot of responsibility in some cases...

pm me for any details/advice

Ta

ACMA here too - pm me also if required.

[Roger Dodger]

Tyson1980 said:

I'm CIMA qualified (ACMA)

The qual opens many doors and you will see an increase in salary...with that also comes a lot of responsibility in some cases...

pm me for any details/advice

Ta

Thanks for the offer. PM sent.

ETA: Same to you Welsh.

Edited by Roger Dodger on Saturday 24th September 16:52

[Roger Dodger]

Good news!

I'm planning on bashing the final 2 of the 5 certificate exams out before xmas (they don't look too bad). My employer has agreed to pay for the 1st 5, which has saved me a few thousand.

My boss pointed out that I should start writing my proposal for them to pay for the next level, so I can submit it asap when I've completed the final 2 from the certificate level. Looks like a good indication.


Win!

[FamilyDub]

Bumpage since it's CIMA results day...

How's the progress going OP?

[Office_Monkey]

Entered for TOPCIMA today, am equally nervous and excited. Passed my Strategic levels last year, hope I remember enough from them! Hope everyone did well

[FamilyDub]

I sat and passed (fk knows how, the exam was horrible) F2 first time of asking.

That's me onto strategic-level exams in May... Good luck with TOPCIMA, monkey.

OP..?

[Office_Monkey]

Cheer dub, found out today I've passed! Just have to submit my practical experience and I'll be qualified Good luck with the strats, they aren't hard if I can pass them first time round

[matt3001]

Eric Mc said:

Just be aware that being qualified with ACCA will NOT mean you are somehow lesser qualified for non-practice type work. Look at all the CEOs of the biggest PLCs in the UK. How many of them are CIMA?

(Not knocking CIMA either but ACCA - or ACA - are just as likely to work well for you in industry or commerce as CIMA would).

I guess this is the result of the 'big 4' and mid-tier practices all training their graduates to ACCA/ICAEW/ICAS qualifications.

On another note to the OP, I have friends who trained for CIMA (in the same BPP learning centre I trained for ICAS in), and now regret not doing one of the aforementioned and being chartered accountants!

[Tyson1980]

matt3001 said:

I guess this is the result of the 'big 4' and mid-tier practices all training their graduates to ACCA/ICAEW/ICAS qualifications.

On another note to the OP, I have friends who trained for CIMA (in the same BPP learning centre I trained for ICAS in), and now regret not doing one of the aforementioned and being chartered accountants!

I am a chartered management accountant. Thats enough for me mate.

Anyone who is ACCA qualified and calls themselves "Chartered" is 100% incorrect. ACA on the other hand have the right...

Regardless.. qualifying in either field is difficult.

[2 sMoKiN bArReLs]

Tyson1980 said:

Anyone who is ACCA qualified and calls themselves "Chartered" is 100% incorrect. ACA on the other hand have the right...

I wonder what the first C stands for?

Edited by 2 sMoKiN bArReLs on Thursday 22 March 21:35

[Ali_D]

Tyson1980 said:

matt3001 said:

I guess this is the result of the 'big 4' and mid-tier practices all training their graduates to ACCA/ICAEW/ICAS qualifications.

On another note to the OP, I have friends who trained for CIMA (in the same BPP learning centre I trained for ICAS in), and now regret not doing one of the aforementioned and being chartered accountants!

I am a chartered management accountant. Thats enough for me mate.

Anyone who is ACCA qualified and calls themselves "Chartered" is 100% incorrect. ACA on the other hand have the right...

Regardless.. qualifying in either field is difficult.

What an odd point of view - the C's in all these qualification is for Chartered and though in the finance arena they are referred to as chartered, certified or CIMA it rarely makes any difference to non finance people and in job terms your experiences mean everything once you've passed the exams.

Less seriously - getting percentages wrong is so CIMA....

[CaptainSlow]

Tyson1980 said:

I am a chartered management accountant. Thats enough for me mate.

Anyone who is ACCA qualified and calls themselves "Chartered" is 100% incorrect. ACA on the other hand have the right...

Regardless.. qualifying in either field is difficult.

Anyone who is CIMA qualified and calls themselves an accountant is 100% incorrect.

[2 sMoKiN bArReLs]

CaptainSlow said:

Tyson1980 said:

I am a chartered management accountant. Thats enough for me mate.

Anyone who is ACCA qualified and calls themselves "Chartered" is 100% incorrect. ACA on the other hand have the right...

Regardless.. qualifying in either field is difficult.

Anyone who is CIMA qualified and calls themselves an accountant is 100% incorrect.

There is a oft quoted saying "why do CIMA when you can do a qualification instead?"

[hornet]

I'm currently doing CIMA after many years of post-HNC procrastination. Had to do the certificate level first, but got that out of the way and am now working through the operational level one paper at a time whilst working full time. Passed E1 in November and am sitting P1 in May. Hopefully get F1 sorted later in the year, then maybe try to step it up to two papers per sitting next year. Has been so long since I studied, and work has been so uncertain that I decided one at a time was more than enough stress to be getting on with! Some people seem to think you should dive in and do it as quickly as possible, but I've decided to go at a pace I'm happy with and see how I get on. No point diving in and scaring yourself out of doing it. Certainly hard work, and something of a culture shock having not studied for so long, but finding it rewarding and it's definitely helped sharpen my thought processes at work. Picked it over ACCA as it felt like a broader subject, which was a better fit for what I've been doing up to now. Have friends doing ACCA and it sounds rather dry unless you know for sure that's the career path you want.

Who are people studying with, out of interest?

[FamilyDub]

Kaplan, personally. I like the presentation style (i.e. for the layman) and the learning materials.

In fact, I'm in an E3 class today...

...it's break time, before anyone says anything!

[2 sMoKiN bArReLs]

I really admire the effort you guys put in (Saturdays and all that).

I did the whole lot full time, whilst studiously getting hammered )

All done by the time I was 20.

[FamilyDub]

^^ that seems to be what most folk do, but ten years ago I had no idea what I wanted to do and if I'm honest, I feel slightly sorry for the folk aged 18-24 in my classes at the weekend who go home and have to study all the time.

I did enough partying then, I'm happy to focus now I'm a bit older & boring anyway!