Most accounting qualifications train people for private practice, working on external audit and tax issues. CIMA prepares people for a career in business. It teaches skills for strategic advice, managing risk and making key decisions.

Our syllabus is designed to deliver a strong understanding of all aspects of business so our members can contribute in many areas of an organisation.

Find out how to study with us.

What is management accounting?

Management accounting combines accounting, finance and management with the leading edge techniques needed to drive successful businesses.

Chartered management accountants:

• Advise managers about the financial implications of projects.
• Explain the financial consequences of business decisions.
• Formulate business strategy.
• Monitor spending and financial control.
• Conduct internal business audits.
• Explain the impact of the competitive landscape.
• Bring a high level of professionalism and integrity to business.

The management accounting skillset

Our members are qualified to work across an organisation, not just in finance. In addition to strong accounting fundamentals, CIMA teaches strategic business and management skills:

• Analysis – they analyse information and using it to make business decisions.
• Strategy – they formulate business strategy to create wealth and shareholder value.
• Risk – they identify and manage risk.
• Planning – they apply accounting techniques to plan and budget.
• Communication – they determine what information management needs and explain the numbers to non-financial managers.

Ethical code

CIMA members and students are required to comply with the CIMA code of ethics and to apply the fundamental principles of CIMA’s ethical code to their working lives. CIMA members are at the heart of business as its conscience, bringing judgment, independence and objectivity in addition to their professional qualification.