Who are these qualifications for?
The Certificate in Business Accounting is CIMA’s entry level accounting qualification for students with little or no accounting background. The certificate level gives you business experience beyond just financial accounting and you’ll gain insight into how the different areas of accounting relate to the business world. It can be seen as a knowledge refresher course or a foundation to a career in business and finance. The Certificate in Business Accounting forms the basis of the CIMA Professional Qualification and is a valuable qualification on its own.
What do I need to get started?
You don’t need any formal qualifications to start this level. You will need a good understanding of both English and maths and a passion to succeed in business. If you have any previous accounting experience you might be eligible for exemptions from subjects at this level.
What will you learn?
CMIA Certificate in Business Accounting (5 subjects)
You’ll achieve a solid understanding of basic accounting, management accounting and business principles. You’ll gain skills in preparing financial reports, forecasting performance and data analysis among many others.
Certificate in Business Accounting syllabus
The Certificate in Business Accounting syllabus contains five subjects, each with its own examination. It forms the basis of the CIMA Professional Qualification.
C01 : Fundamentals of Management Accounting
In C01 you learn basic techniques to identify and control costs, cost management, how to prepare budget statements and how to make decisions using different analysis techniques.
- Preparing integrated accounts in a costing environment
- Using break-even analysis in making short-term decisions and other basic approaches to decision making
- The role of management accountants in business
- The role of CIMA
C02 : Fundamentals of Financial Accounting
C02 teaches you the basic concepts of financial accounting, how accounting is impacted by different laws and standards.
- Preparing accounts for transactions
- Preparing financial statements
- Control techniques and how they’re used to correct accounting errors
C03 : Fundamentals of Business Mathematics
C03 focuses on the mathematics associated with managing business.
- Solving equations
- Calculating probability
- Summarising and analysing data
- Forecasting techniques, how to apply them and the use of spreadsheets to calculate and present data
C04 : Fundamentals of Business Economics
C04 looks at how competition, the behaviour of financial markets and government economic policy can influence an organisation.
- The influence of market forces on prices
- The effects of government intervention in stabilising prices
- Why markets sometimes fail
- An overview of the financial system
- How markets and institutions enable commerce and development
C05 : Fundamentals of Ethics, Corporate Governance and Business Law
C05 looks at the different law frameworks that affect all commercial activity including contract law, employment law, financing and management of companies.
- How corporate governance affects how organisations are run
- Contract law, the English legal system and how it compares with others around the world
- The importance of ethical behaviour, how ethical conflicts can arise and how they might be resolved
Exams
Ex Exams can be taken in the order and combination you choose and at your own pace. Exams can be sat all through the year at over 5,000 computer based assessment (CBA) centres around the world ams can be taken in the order and combination you choose and at your own pace. Exams can be sat all through the year at over 5,000 computer based assessment (CBA) centres around the world.
After passing all five exams you are awarded the Certificate in Business Accounting qualification. You can then proceed to the CIMA Professional Qualification, starting at the operational level.
How to gain your certification?
- Work through each of the modules sent to you by Harpar Ltd
- At the end of each module, there will be an assignment
- Complete the assignment with the guidelines provided and send your assignment via email to carol@harpar.com
- Once you have completed all the assignments to the required standard, you will gain your certification.
