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New accelerated entry route for Chartered Public Finance Accountants (CPFAs)
The Chartered Institute of Management Accountants (CIMA) and the Chartered Institute of Public Finance and Accountancy (CIPFA) announced the launch of their new “CPFA to CGMA Top Up through the CIPFA Gateway”. This fast-track path allows qualified CIPFA members to enhance their qualification and gain full CIMA membership and the globally recognised Chartered Global Management Accountant (CGMA) designation. The new route is open to both UK and international CIPFA members.
CIPFA members can benefit from up to 14 exemptions with the new CIMA Gateway route. After passing the Gateway exam (also known as the Management Case Study exam) they can move on to the Strategic Case Study exam, bypassing the three Strategic level Objective Tests. In addition, they will have access to a wide range of student benefits and study support through CIMA’s online student community, CIMAconnect.
Andrew Harding, Chief Executive at CIMA, said: “CIMA is excited about the growing collaboration with CIPFA. This is an important step to strengthen our partnership with one of the most respected professional bodies in the public sector. Our CGMA designation is recognised across the world as the designation for management accountants. We are delighted to share our expertise and knowledge and to enable CIPFA members to gain our globally-recognised qualification.”
Rob Whiteman, Chief Executive at CIPFA, said: “This landmark offering provides CIPFA members a fantastic opportunity to build their management accounting skillset.
“With the reconfiguration of public services, our members are increasingly working across public and corporate environments and require multiple specialist skills that straddle sectors. The new route promises to support this by boosting capacity and thereby also maximising value for employers for staff seeking to extend their continuous professional development.”
For more information www.cimaglobal.com/cipfa-gateway or http://www.cipfa.org/members/members-benefits/cpfa-to-cgma-top-up
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About CIMA
The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants, with over 229,000 members and students operating in 176 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers’ choice when recruiting financially-trained business leaders.
Professionalism and ethics are at the core of CIMA’s activities with every member and student bound by robust standards so that integrity, expertise and vision are brought together.
CIMA has formed a joint venture with the American Institute of CPAs (AICPA) to establish the Chartered Global Management Accountant (CGMA) designation. CGMA is the global quality standard that further elevates the profession of management accounting. The designation recognises the most talented and committed management accountants with the discipline and skill to drive strong business performance.
CIMA is proud to be the first professional accounting body to offer a truly global product in the fast-moving area of Islamic Finance.
For more information about CIMA, please visit www.cimaglobal.com
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The Chartered Institute of Public Finance and Accountancy (CIPFA) is one of the leading professional accountancy bodies in the UK and the only one which specialises in the public services. It is responsible for the education and training of professional accountants and for their regulation through the setting and monitoring of professional standards.
Uniquely among the professional accountancy bodies in the UK, CIPFA has responsibility for setting accounting standards for a significant part of the economy, namely local government. CIPFA’s members work (often at the most senior level) in the public service bodies, in the national audit agencies and major accountancy firms. They are respected throughout for their high technical and ethical standards and professional integrity. CIPFA also provides a range of high quality advisory, information and training and consultancy services to public service organisations. As such, CIPFA is the leading independent commentator on managing and accounting for public money.
© Press Release 2016
