The CIMA Professional – Operational Level is the first level of the CIMA Professional Chartered Management Accounting Qualification so it will provide the foundations for you to move up to intermediate and advanced stages when you’re ready. The CIMA Operational Level will teach finance professionals and aspiring Management Accountants understand short-term finance strategy.
The CIMA Operational Level qualification is the first step to achieving CIMA Professional status. By completing this course students will master many of the fundamental principles of management accounting, providing them with the skills they need to begin making strategic financial decisions.
The CIMA Professional – Operational Level is best suited to:
When you have successfully passed the CIMA Professional Chartered Management Accounting Qualification you will become a powerhouse in the finance industry as a Management Accountant, with skills in finance, management and strategy.
There are three modules in the CIMA Professional – Operational online course:
The CIMA Professional – Operational Level online course covers the knowledge needed in all three modules:
o The finance function within a business and the ethical codes which bind finance professionals
o The information systems used to assist with management accounting
o Internal processes including operation management, quality control, marketing and human resources
o Using approved mathematical functions to create workable budgets
o Defining costs using absorption, marginal and activity factors, and performing variance analysis
o An introduction to the concept of decision theory and linear programming
o Preparing financial statements for a single company
o Producing a group accounts consolidated statement of financial position
o Defining and reporting assets
o Understanding taxation standards
o Managing cash, assets and inventories for the greatest financial benefit