27 March 2020: Coronavirus Update. The situation is fast moving and we are continuing to monitor the global situation and its impact on our members, staff, exam candidates, students and the profession. More information for Members and Students in My CIMA.

Management accounting in your business

Not all accounting is the same - Management accounting combines accounting, finance and management with the leading edge techniques needed to drive successful businesses.

What is management accounting?

Most accounting qualifications train people for private practice, working on external audit and tax issues. CIMA members are qualified to work across an organisation, not just in finance.

In addition to strong accounting fundamentals, CIMA teaches strategic business and management skills:

Management Accounting

  • Analysis – understanding the story behind the numbers and using it to make business decisions
  • Strategy – using the insight from analysis to help formulate business strategy to create wealth and shareholder value.
  • Risk – applying analytical skills to look at end-to-end business processes to identify and manage risk.
  • Planning – using accounting techniques to plan and budget.
  • Communication – knowing what information management needs and explaining the numbers to non-financial managers.

You can trust CIMA members

CIMA members and students are required to comply with the CIMA code of ethics and to adopt the fundamental principles to their working lives. CIMA members are at the heart of business as its conscience, adding judgment, independence and objectivity to their professional qualification.

Every year, CIMA audits its members to ensure they uphold these ethics and will take action if members have been less than true to them.