Standard route candidates must qualify the Standard CIMA® Level 1 and Standard CIMA® Level 2 exams. Standard CIMA® exams cover the following 20 knowledge areas – 10 in each level. The Master’s and Professional pathway candidates are required to qualify only one, unified Professional Pathway exam covering 15 and 13 knowledge areas respectively.
Accounting for Investment & Managerial Decision-Making
8%Business, Strategy & International Competitiveness
8%Analyzing Financial Statements for Business Decisions
12%Managing & Accounting Risks in Business
12%Cost Structuring, Product Costing & Activity Based Costing
10%Investment Accounting Framework & Concepts
10%Financial Markets, Instruments & Derivatives
10%Techniques of Managing Investment Portfolios
10%Capital Investments and Capital Budgeting
10%Management Accounting & Enterprise Performance Analysis
10%Techniques of Pricing Financial Assets
10%Techniques & Practices of Valuing Businesses
12%Practices in International Financial Reporting
10%Techniques of Currency Risk Management
10%Accounting Tax In Global Investments and Business
7%Accounting Transfer Pricing In Global Business
10%Investment Accounting Techniques & Practices
15%Investment Audit Techniques & Practices
10%Corporate Governance & Ethics in Global Organizations
8%Technology & Analytics in Accounting
8%CIMA® program Knowledge Specifications define the standard and content covered in the examinations, and ensure consistency of quality and coverage across thousands of exams that are delivered to candidates from around the world. Focusing equally on knowledge, understanding application and synthesis in 20 competency areas, these knowledge specifications also establish the vital course-development and training delivery framework for CIMA® Educators. Hinged on the CIMA® program body of knowledge, the knowledge specifications are dynamic, constantly marked to the foundations of practice of investment & management accounting, the global regulatory environment, and important accounting standards regimes like GAAP and FASB.
Read more