Latest Exam Format
A. CIMA Certificate In Business Accounting (CERT BA)
The examinations of the CIMA Certificate in Business Accounting are computer based and can be taken at any of the 5000 + Pearson VUE centers spread across the globe.
The duration of each examination is of 2 hours, and marking is done automatically by the computer upon submission of the paper. Thus, the provisional results are declared instantly, and the students receive a final confirmation within the next 48 hours.
|BA1 Fundamentals of Business Economics|
(60 objective test questions)
|A. Macroeconomic and Institutional Context of Business (25%)|
|B. Microeconomics and Organizational Context of Business (30%)|
|C. Informational Context of Business (20%)|
|D. Financial Context of Business (25%)|
|BA2 Fundamentals of Management Accounting||A. The Context of Management Accounting (10%)|
|B. Costing (25%)|
|C. Planning and Control (35%)|
|D. Decision Making (35%)|
|BA3 Fundamentals of Financial Accounting||A. Accounting Principles, Concepts, and Regulations (10%)|
|B. Recording Accounting Transactions (50%)|
|C. Preparation of Accounts for Single Entities (30%)|
|D. Analysis of Financial Statements (10%)|
|BA4 Fundamentals of Ethics, Corporate Governance, and Business Law||A. Business BA1 Fundamentals of Business Economics(60 objective test questions)|
|B. CorProfessional qualification Exams: Corporate Governance, Controls and Corporate Social Responsibility (45%)|
|C. General Principles of the Legal System, Contract and Employment Law (15%)|
|D. Company Administration (10%)|
B. Professional Qualification Exams:
The professional qualification exams are of two types. These are:
- Objective type tests: The Objective type tests are computer based and of 90 minutes duration each. Students can book their seats on demand in any Pearson VUE test centers around the year and appear for the exams. With over 5000 Pearson VUE test centers currently available around the world, it is easy for the students to find one near them. This makes it extremely convenient for them to appear for the tests.
Since these tests are computer based, the papers are computer marked and the students get a provisional result immediately after the exam. This is followed by a final confirmation of the results within the next 48 hours.
The objective type tests cover various types of questions formats like number entry questions, drag and drop questions, multiple choice questions, etc.
- Case study examinations: These are held in four windows in the months of February, May, August, and November. These are also held across the world in 5000 centers of Pearson VUE. The duration of the case study examinations is 3 hours and the marking is done manually by the examiners of CIMA. The results are made available within 5 weeks after the examinations for a particular window close.
In the case study examinations, a real life business situation is provided to the students. They have to complete several time-bound tasks on this case study based on a pre-seen material. The objective of the case studies is to test the analytical and research abilities of the students, and also to see how well they are able to present the available information.
The professional qualification examinations comprise of 3 levels: Operational, Management, and Strategic
1. Operational Level
There are 3 objective type tests and 1 case study examination at this level. The students who successfully complete this level get the “CIMA Diploma in Management Accounting”.
The papers, syllabus and weight distribution of the three papers are as follows:
|E1: Organisational Management||A. Introduction to organizations||25%|
|B. Managing the finance function||15%|
|C. Managing technology and information||15%|
|D. Operations management||15%|
|F. Managing human resources||15%|
|P1 Management Accounting||A. Cost accounting systems||30%|
|C. Short-term decision making||30%|
|D. Dealing with risk and uncertainty||15%|
|F1 Financial Reporting and Taxation||A. Regulatory environment for financial reporting and corporate governance||10%|
|B. Financial accounting and reporting||45%|
|C. Management of working capital, cash and sources of short-term finance||20%|
|D. Fundamentals of business taxation||25%|
2. Management level:
The Management Level also consists of 3 objective type examinations and a case study examination. The papers in which objective type examinations are held, the topics and weights are as follows:
|E2 Project and Relationship Management||A. Introduction to strategic management and assessing the global environment||30%|
|B. The human aspects of the organization||20%|
|C. Managing relationships||20%|
|D. Managing change through projects||30%|
|P2 Advanced Management Accounting||A. Cost planning and analysis for competitive advantage||25%|
|B. Control and performance management of responsibility centers||30%|
|C. Long-term decision making||30%|
|D. Management control and risk||15%|
|F2 Advanced Financial Reporting and Taxation||A. Sources of long-term finance||15%|
|B. Financial reporting||60%|
|C. Analysis of financial performance and position||25%|
3. Strategic level
Just like the other two levels, this level also consists of 3 objective type papers and a case study.The following are the papers in which objective type examination for held:
|E3 Strategic Management||A. Interacting with the organization’s environment||20%|
|B. Evaluating strategic position and strategic options||30%|
|C. Leading change||20%|
|D. Implementing strategy||15%|
|E. The role of information systems in organizational strategy||15%|
|P3 Risk Management||A. Identification, classification, and evaluation of risk||20%|
|B. Responses to strategic risk||20%|
|C. Internal controls to manage risk||20%|
|D. Managing risks associated with cash flows||20%|
|E. Managing risks associated with capital investment decisions||20%|
|F3 Financial Strategy||A. Formulation of financial strategy||25%|
|B. Financing and dividend decisions||35%|
|C. Corporate finance||40%|
Updates As Compared To Previous Year
The syllabus for the CIMA examinations is updated frequently to align them with the changing business scenario around us. this ensures that the qualified CIMA professionals are able to deliver the best results to the organizations they work for.
Accordingly, based on an extensive research conducted among the members, employers, industry professionals, and educators, the syllabus of the CIMA Certificate in Business Accounting (Cert BA) course has been completely overhauled recently.
The new syllabus has come into effect from 11th January 2017, and as compared to the earlier syllabus containing 5 papers, the new syllabus contains only the following 4:
- BA1 Fundamentals of Business Economics
- BA2 Fundamentals of Management Accounting
- BA3 Fundamentals of Financial Accounting
- BA4 Fundamentals of Ethics, Corporate Governance, and Business Law
The revised syllabus is more relevant to the current business environment and will give a solid grounding to the students to prepare them for the challenges they will meet in real life. the syllabus will also ensure that they get a very solid entry into the professional level examinations of the CIMA course.
The transitional provisions from the old to the new syllabus can be found here.