Practical experience requirements
You need a minimum of three years' relevant work based practical experience (PER) before becoming a chartered management accountant (ACMA, CGMA).
Relevant experience may have been gained before registering as a student.
Experience may be drawn from any of the following three areas over a period of 3 years or more (but a minimum of 18 months must be gained within the core area).
Read our brochure for more information (PDF 750KB).
|Area 1 - basic experience
||Area 2 - core experience
||Area 3 - supplementary experience |
|1a. preparing and maintaining accounting records
||2a. preparation of management accounts
||3a. financial strategy |
|1b. statutory and regulatory reporting
||2b. planning, budgeting and forecasting
||3b. corporate finance |
|1c. IT desktop skills
||2c. management reporting for decision making
||3c. treasury management |
|1d. systems and procedure development
||2d. product and service costing
||3d. taxation |
||2e. information management
||3e. business evaluation and appraisal |
||2f. project appraisal
||3f. business strategy |
||2g. project management
||3g. external relationships |
||2h. working capital content
||2i. risk management and business assurance