CIMA – The Future of Finance

As we found out last week (officially), CIMA are redesigning their Professional Qualification syllabus to reflect the changing face of the finance function.

Over the last 18 months, CIMA have systematically collected individual, personal and organisational ‘rules-of-thumb’ and built them into a composite picture of what the finance function in a digital world looks like.

Through scientific study, the many rule-of-thumb working methods have been turned into laws, formulas and new ways of thinking. These changes are reflected in the competencies and mindset that employers will in future expect of a professionally qualified management accountant in the digital world.

The result of this is a change in the 2019 syllabus, which becomes examinable from November 2019.

What does this mean for you, and what do you need to know?

CIMA have created a suite of webpages full of useful information, and the homepage can be accessed here: The Future of Finance

From the homepage you will be able to:

• Download the new 2019 CIMA Professional Qualification syllabus: CIMA 2019 Syllabus
  

• Review the new Competency Framework: Competency Framework
  

• Look at the timeline CIMA are working to: Timeline
  

• And explore the changes to the syllabus: Changes to the Syllabus

CIMA have even built a transition planning tool: Transition Planning

We would recommend taking a look at the above information to help you plan your transition to the 2019 syllabus. Our early advice is to aim to clear your current level by November 2019 – this allows you to start 2020 under the new syllabus.

If you want any advice or guidance on the changes and how they may affect you, please email [email protected]

Many thanks

HTFT Partnership

 

 

 

 

 

 

HTFT Partnership is an award winning professional accountancy training provider offering high quality AAT, ACCA, CIMA and ICAEW courses that embrace technology and reflect how people learn.

Based in Birmingham, HTFT Partnership deliver courses internationally via highly interactive live online masterclass sessions that are recorded and made available to our students across all devices.

HTFT are accredited at the highest levels with all of the four main professional accountancy bodies and were awarded PQ Online College of the year 2017. The ‘HTFT way’ is centred on personal support for each individual and our primary goal is to help each one reach their full potential.