This subject forms part of the three courses that falls under the CIMA Strategic Level. Financial Management focuses on more advanced topics in financial accounting such as the preparation of full consolidated financial statements and issues of principle in accounting standards dealing with more complex areas and developments in external reporting.
Description
This subject forms part of the three subjects that fall under the CIMA Strategic Level. Financial Management focuses on more advanced topics in financial accounting such as the preparation of full consolidated financial statements and issues of principle in accounting standards dealing with more complex areas and developments in external reporting.
Please note regarding CIMA and the OLC. Click here for all the details.
Accreditation
The Chartered Institute of Management Accountants is registered with the South African Qualification Authority.
Qualification
Once completing this subject you will be awarded a SACOB certificate of completion.
Requirements
The CIMA Certificate, Operational and Managerial Level would need to have been completed before commencing with the Strategic Level, unless you have completed previous qualifications in a similar field and could therefore apply for exemptions. It is recommended that students have a good understanding of mathematics and the English language.
Duration
This subject can be completed in 3 - 6 months.
The full Strategic Level can be completed in 6 - 12 months. As the CIMA qualification is flexible you can decide how many exams you would like to sit at a time and when.
Subjects
Identification, classification and evaluation of risk
Responses to strategic risk
Internal controls to management risk
Managing risk associated with cash flows
Managing risk associated with capital investment decisions
Packages
This course is available via two comprehensive support packages, Online Standard and Kaplan OnDemand. Each Package includes the following:
Online Standard:
- Textbooks
- Introduction Video
- Exam Info
- Q & A Platform
- Concept Videos
- Forums
- Exam Timetable
- Study Schedule
- A Mock Exam & Solutions
Online Premium:
- Textbooks
- Introduction Video
- Exam Info
- Q & A Platform
- Concept Videos
- Forums
- Exam Timetable
- Study Schedule
- Multiple Mock Exams & Solutions
- LIVE Webinars via Zoom
- Recording of the LIVE Webinars
- Quizzes
- Exam Walkthrough (Pre-recorded)
Assessment
The great thing with the CIMA Qualification is that it can be completed at your own pace. There are no assignments only a final exam per course. The final exam takes place by a means of a computer based assessment (CBA) at a registered CIMA computer based exam venue (CBE), each exam is 90 minutes long and you will receive your results shortly after completing your exam.
As the exams are done via a means of a CBA these need to be arranged with a recognised CIMA CBE centre, but students need to insure that they have also completed their CIMA annual student registration and paid these fees as well as have their CIMA registration number. Please contact a SACOB student advisor for further details on this.
Upon completion of your E3, P3 and F3 assessments you can then enter to complete the Strategic Level case study exam, this is also completed by a means of a CBA, 3 hours are given to complete this and consists of both pre-seen and unseen materials, it intended to simulate real day life scenarios. Case study exams are marked by CIMA personnel and can be sat four times a year in February, May, August and November each year.
On completion of the Strategic Level you can apply for your T4 Professional Competence level. This level includes your three years of relevant practical experience (T4 Part A) and must be registered directly with CIMA through your My CIMA Account.
What's next
On completion of all three of the Strategic Level Objective Tests and the Integrated Case Study Exam you will be awarded with the CIMA Chartered Management Accountant.
Downloads
Related products
-
ICB Financial Accounting Foundation Level: Subject – Business Literacy
This course forms part of the Foundation Level in every ICB Programme, no matter what stream you are studying. It is a unique course, in that both communication and mathematics learning outcomes are covered at the same time. Effective business communication and numeracy is essential for any business practitioner. This course focuses on written and spoken communication as well as numeracy business tools such as fractions, decimal numbers, percentages, ratios, proportions, equations, interest rates and graphs.... more
Administration
Institute of Certified Bookkeepers (ICB)
ICB Financial Accounting Foundation Level: Subject – Business Literacy
-
ICB Business Management & Financial Management Intermediate Level: Subject – Financial Statements
This course forms part of the Intermediate Level in the ICB Financial Accounting, ICB Public Sector Accounting, ICB Business Management and the Entrepreneurship Programme as well at the Advanced Level in the ICB Office Administration Programme. It includes a study of year-end procedures via trading, profit and loss accounts and the interpretation of basic financial statements through a series of ratios, calculations and recordings of depreciation, the disposal of depreciable assets in the journals and general ledger, disclosing the movements of non-current assets in the notes to the financial statements. The application of accounting concepts such as that of accrual, matching prudence, cost and consistency to a set of financial records, preparation of the income statement and balance sheets (with notes) for a sole proprietorship, a partnership, a Close Corporation and a limited company as well as the preparation of the statement of cash flow and applicable notes thereto for a limited company... more
Administration Institute of Certified Bookkeepers (ICB)ICB Business Management & Financial Management Intermediate Level: Subject – Financial Statements
-
ICB Business Management Intermediate Level: Subject – Business Management 2
This course forms part of the Intermediate Level in the ICB Business Management Programme. It builds on the knowledge gained in Business Management 1 in your Foundation Level.
Business Management
Institute of Certified Bookkeepers (ICB)ICB Business Management Intermediate Level: Subject – Business Management 2