CIMA A truly global professional qualification!

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1 CIMA A truly global professional qualification! 14/02/2012

2 CIMA Global - Facts & figures 195,000 members and students in 176 countries 243 exam centres in 90 countries: May & November Computer based assessments on demand International Federation of Accountants Global quality standard of accountancy (CGMA) 29 offices worldwide, HQ in London Growing demand in Central & Eastern Europe JV with AICPA: CGMA designation/ Official global launch Jan 31 st 2012 Tailor CIMA learning to suit you Classroom, online, remote study On and offline tuition support

3 Key Facts & Figures CIMA Poland In the last 5 years number of students and members has been growing by 177% CIMA Warsaw branch office registered & launch event Launch of CIMA member network PLN per month the average monthly CIMA student salary in Poland

4 Competencies and skill requirements the future TECHNICAL SKILLS Core Finance and Accounting INTERPERSONAL SKILLS Influencing Leadership Communication Negotiation Team building Networking WIDER BUSINESS SKILLS Strategic awareness Business understanding Project management Operations HR Marketing Technology

5 The T-shaped accountant:

6 Your contribution to decision making

7 What does CIMA mean to Polish students? so versatile that you can use it in every sector equips students with unique tools and techniques Very interesting studies February 14, 2012

8 Don t just take our word for it.. It is the fundamental ability to bring the numbers to life that sets CIMA people apart. Helen Weir, Group Executive Director Lloyds Banking Group I did the CIMA qualification and I d take people from CIMA anytime. They re basically business people with a finance orientation, not just accountants. Andrew Higginson, CEO Retail Services Tesco plc

9 For flexibility is key CEO Chairman Marketing IT Finance HR Project Mgmt Operations

10 CIMA Partners February 14, 2012

11 February 14, 2012

12 CIMA Professional Qualification

13 CIMA Professional Qualification Pillars - Enterprise - Performance - Financial Levels - Operations - Management - Strategic

14 CIMA Certificate in Business Accounting

15 The 2011 CBA Qualification is coherent Social & Legal Context C05 Fundamentals of Ethics, Corporate Governance & Business Law Wider Business Environment Internal C01 Fundamentals of Management Accounting Organisation C03 Fundamentals of Business Mathematics External C02 Fundamentals of Financial Accounting C04 Fundamentals of Business Economics Economic Context

16 Three pillars of professional qualification Enterprise Pillar Performance Pillar Financial Pillar Formulate and effectively implement strategy Support strategy formation and implementation Prepare and interpret financial statements to make decisions

17 Enterprise Pillar How do we formulate and implement strategy? How do we implement strategy using projects? How do we use the structure of the firm to implement strategy?

18 Enterprise Pillar How do we formulate and effectively implement the organisation s strategy? Analyse corporate environment (internal & external) Evaluate strategic options Manage change Design and run performance management systems Analyse competitive environment Plan, set up, manage and execute projects Lead team (including managing conflict, disciplining) Negotiate and communicate effectively Awareness of IT/IS issues and environment Awareness of key marketing issues Awareness of efficiency and quality issues Awareness of people management

19 Performance Pillar Identifying and managing risks Information for operational and strategic decision making Techniques for decision making

20 Performance Pillar What information should accountants provide to support the process by which strategy is formulated and implemented? Evaluate and manage business risk Manage financial risk Review, audit and evaluate risk control systems Apply risk management to IT/IS environment Advise on product manufacture and pricing Plan and manage cost for competitive advantage Design and manage budgeting system Evaluate performance of organisational units Calculate and analyse cost of products etc Forecast and budget for organisational activities Evaluate capital expenditure Manage short-term finance (e.g. cash)

21 Financial Pillar Making financial decisions Analysing Financial Statements Preparing Financial Statements

22 Financial Pillar How do we prepare, interpret and use financial statements to make decisions? Formulate and evaluate financial strategy & structure Conduct business or corporate valuation Model and forecast cash flows and other finances Advise on mergers, acquisitions and divestments Prepare group accounts Evaluate and apply IFRS Analyse and interpret financial statements Prepare CSR reports Prepare basic tax computations Prepare financial statements for single company Use IFRS and GAAP Manage general and other ledger systems

23 The CIMA Qualification Framework CIMA Professional Qualification E3 Enterprise Strategy E2 Enterprise Management E1 Enterprise Operations P3 Performance Strategy P2 Performance Management P1 Performance Operations F3 Financial Strategy F2 Financial Management F1 Financial Operations CIMA Certificate in Business Accounting C01 Fundamentals of Management Accounting C02 Fundamentals of Financial Accounting C03 Fundamentals of Business Mathematics C04 Fundamentals of Business Economics C05 Fundamentals of Ethics, Corp Gov & Business Law

24 Communities, support and materials for students

25 CIMA MYJOBS -

26 CIMA MYJOBS Salary surveys

27 CIMA research & publications

28 Yes You Can CIMA makes it possible to have both the security of a professional accounting qualification and the rewards and excitement of being a business leader