This subject forms part of the three subjects that fall under the CIMA Management 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 Management 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.
Overview
Source of long-term finance
Financial Reporting
Analysis of Financial Performance and position
Qualification
Once completing this subject you will be awarded a SACOB certificate of completion.
On completion of all three of the Management Level Objective Tests and the Integrated Case Study Exam you will be awarded with the CIMA Advanced Diploma in Management Accounting.
Requirements
The CIMA Certificate and Operational Level would need to have been completed before commencing with the Management 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 Management 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.
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 subject. 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 E2, P2 and F2 assessments you can then enter to complete the Management Level integrated 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 Management Level you can attempt the Strategic Level.
What's next
You can continue your studies with SACOB and CIMA and complete more subjects that make up this qualification.
Downloads
Related products
-
ICB Business Management Advanced Level: Subject – Financial Reporting and Regulatory Frameworks
The purpose of this subject is to set out the principles and conceptual issues of IFRS, including their use in group statements. IFRS signifies a new era of financial reporting that will eventually touch thousands of companies across the globe. The broader a company's international activities, the greater the effect of IFRS.... more
Bookkeeping / Accounting 
Institute of Certified Bookkeepers (ICB)ICB Business Management Advanced Level: Subject – Financial Reporting and Regulatory Frameworks
-
ICB Business Management Advanced Level: Subject – Financial Management and Control
This subject forms part of the Advanced Level in both the ICB Entrepreneurship Programme as well as the ICB Business Management Programme. You will gain the knowledge and skills on how to apply managerial finance and control principles in a commercial environment.
Administration
Institute of Certified Bookkeepers (ICB)ICB Business Management Advanced Level: Subject – Financial Management and Control
-
CIMA BA3 – Fundamentals of Financial Accounting
This subject forms part of the CIMA Certificate in Business Accounting programme. It introduces students to conceptual and regulatory frameworks, accounting systems, preparing accounting statements for single entities, and the necessary controls, for accounting systems. Students will be required to be aware of the format and content of published accounts but are not required to prepare them.... more
Bookkeeping / Accounting Chartered Institute of Management Accountants (CIMA)CIMA BA3 – Fundamentals of Financial Accounting