Operational level

A. Role of the finance function

B. Technology in a digital world

C. Data and information in a digital world

D. Shape and structure of the finance function

E. Finance interacting with the organisation

What do you learn in E1?

• The central role that finance plays in an organisation, and how and why technologies used impact the finance function. 

• How to use and examine data collected and processed by machines to create and preserve value for organisations.  

• How the finance function is structured and shaped, and how it interacts with other parts of the organisation to achieve the objectives of the whole organisation.

A. Cost Accounting for decision and control

B. Budgeting and budgetary control

C. Short term commercial decision making

D. Risk and uncertainty in the short term

What do you learn in P1?

• Why costing is done and what it is used for, including appropriate costing methods and techniques and where digital costing might be used. 

• How budgets are prepared and implemented across the organisation, the impact these have, and how techniques are applied to ensure sound short term decision making, against a backdrop of risk and uncertainty, by using appropriate risk management tools.

A. Regulatory environment of financial reporting

B. Financial statements

C. Principles of taxation

D. Managing cash and working capital

What do you learn in F1?

• Who the regulators are, what they do and why and how regulations are applied.

• How to prepare basic financial statements using financial reporting standards.

• How to distinguish between types of taxes, calculate corporation taxes and issues affecting taxation.

 • What tools are used to ensure that the organisation has enough cash to ensure its continuing operations.

Each level of CIMA's CGMA Professional Qualification culminates in a Case Study Examination, which integrates the knowledge, skills and techniques from across the three pillars into one synoptic capstone examination.

At the Operational level, the role simulated is that of an Entry level finance professional and the capstone Case Study Examination provides a simulated context, which allows candidates to demonstrate that they have acquired the required knowledge, skills, techniques and mindset for that role.

Further detail of the Operational Case Study can be found in the Examination Blueprints