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CIMA Managerial Level
Is it for me?
The CIMA Managerial Level in accounting moves away from the emphasis on functional
knowledge within the CIMA operational level and moves towards an
holistic, integrated view of management across the organisation.
Building on important concepts in strategic management, this level develops tools and techniques for identifying the key
types of competitive environment. The skills and tools of project
management are also addressed. This level also introduces the
skills and tools needed to work with, manage and develop teams.
This includes both the legal aspects of managing individuals, as well
as the softer elements of negotiation and leadership skills.
While the CIMA operational level continues the analytic themes of Performance Operations (for example in terms of identifying relevant costs), its main focus is on the application of information in the management processes of decision-making and control, so as to optimise performance. The CIMA advanced diploma in management accounting also extends the scope of Paper F1 Financial Operations to more advanced topics in financial accounting (preparation of full consolidated financial statements and issues of principle in accounting standards dealing with more complex areas) and to developments in external reporting. With the advanced level of financial accounting and reporting achieved in this course, the analysis and interpretation of accounts becomes more meaningful and this constitutes a substantial element.
What are the benefits?
When you complete the CIMA advanced diploma in management accounting, you can then progress onto achieving your Chartered status in Management Accounting.
What do I learn?
What support will I get?
LSM Online's Integrated Modular Study System ensures that you are fully supported throughout your course.
How will I be assessed?
All the exams are three hours long and have a pass mark of 50%
How long will it take?
When studying with LSM Online, the CIMA Advanced Diploma in Management Accounting can be completed in approximately one
year.
