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The CIMA Professional Qualification is suited for anybody who wants to pursue a career in finance focusing on accounting, reporting and business strategy. It is quite different than the conventional courses which concentrate more on accounting, taxation and audit.
CBAs are available for all the papers of the Certificate Level and can be taken at any time of the year, allowing students to progress through CIMA papers at their own pace.
CBA uses computers to deliver questions and receive answers. Objective test questions are used in the assessment (the most common type is multiple choice but there are other formats).
The CBA system has many benefits:
Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Budgeting and Budgetary Control | 25% | - Budget preparation and approaches - Behavioural aspects of budgeting - Quantitative analysis for forecasting - Flexible budgets and budgetary control |
| Topic 2: Dealing with Uncertainty in the Short Term | 15% | - Sensitivity analysis and simulation - Risk and uncertainty concepts - Expected values and decision trees - Basic internal control and risk management |
| Topic 3: Short-Term Commercial Decision Making | 30% | - Relevant costing and opportunity costs - Break-even and limiting factor analysis - Pricing decisions and make-or-buy choices - Working capital management |
| Topic 4: Cost Accounting for Decision and Control | 30% | - Absorption, marginal and activity-based costing - Costing methods and techniques - Standard costing and variance analysis - Cost classification and behaviour |
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