CIMA Professional – Operational Level Package (E1, P1, F1)

Course

Online

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£ 350 VAT inc.

Description

  • Type

    Course

  • Level

    Intermediate

  • Methodology

    Online

  • Class hours

    70h

  • Duration

    24 Months

  • Start date

    Different dates available

  • Online campus

    Yes

  • Support service

    Yes

  • Virtual classes

    Yes

Begin working towards earning one of the most popular business finance qualifications with the CIMA Operational Level course. Providing the foundation for intermediate and advanced CIMA qualifications, the Operational level course helps finance professionals understand short-term finance strategy.

The CIMA Professional qualification comprises three pillars of domain knowledge divided into three levels of achievement, of which Operational is the first. This qualification helps finance professionals develop decision-making and management skills, build expertise in technical accounting and define business strategy based on financial principles.

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

E1 – Organisational Management

Focusing on organisational structure, this module introduces a number of basic concepts including:

The finance function within a business and the ethical codes by which finance workers are bound.
The information systems used to assist with management accounting.
Internal processes including operation management, quality control, marketing and human resources.
P1 – Management Accounting

An introduction to understanding and analysing business costs to make better strategic decisions in the short term. This includes:

Using approved mathematical functions to create workable budgets.
Defining costs using absorption, marginal and activity factors, and performing variance analysis.
An introduction to the concept of decision theory and linear programming.

Finance professionals who want to improve their understanding of short-term management accounting principles.
Experienced finance professionals who want to earn a globally-recognised qualification.
Finance professionals who need to achieve the CIMA Professional qualification.
Individuals who would like to cross-train for a new career working in management finance.
Using a collection of simulations, the CIMA Operational Level course is delivered online, so that contents are available anyplace anytime, allowing students to refer to materials as they work.

The CIMA Operational Level course also grants access to the social networking platform where delegates can ask questions or share their real world knowledge and experience of the techniques being taught. Upon completion of the course students will not only have mastered the CIMA Operational Level, but they will also be fully prepared to sit the Operational Level exam.

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CIMA Professional Operational Level

The CIMA Operational Level qualification is the first step to achieving CIMA Professional status. By completing this course students will master many of the fundamental principles of management accounting, providing them with the skills they need to begin making strategic financial decisions.

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Reviews

Subjects

  • Taxation
  • IAS
  • Finance
  • Financial
  • Systems
  • Financial Training
  • Organisations
  • Financial Risk
  • Financial PR
  • Financial Management
  • Financial Services

Course programme

Units of Study

E1 - Organisational Management
  • Getting Started
  • Organisations
  • CSR and Ethics
  • The Finance Function
  • Information Systems
  • Managing Information Systems
  • Operations Management
  • Quality Management
  • Marketing
  • Buyer Behaviour
  • Human Resource Management
  • Management Theory and Motivation
P1 - Management Accounting
  • Getting Started
  • Classification of costs and mathematics for budgets
  • Advanced mathematics for budgets
  • Budgeting
  • Absorption, marginal and activity based costing
  • Standard costing and variance analysis
  • Modern manufacturing methods
  • Environmental cost accounting
  • Decision theory
  • Linear programming
  • Relevant costing
F1 - Financial Reporting and Taxation
  • Getting Started
  • Regulatory framework
  • Format of financial statements
  • Preparing financial statements for single company
  • Cash flow statements for single company
  • Group accounts what is a group?
  • Part 1 -Group accounts consolidated statement of financial position
  • Part 2 -Group accounts consolidated income statement
  • Group accounts – consolidated income statement
  • Associates
  • Reporting financial performance IAS 1,8,18,34,21 & IFRS 5, 8
  • Non current tangible assets
  • Non current intangible assets
  • Inventories IAS 2 and Government grants IAS 20
  • Employee benefits (IAS 19)
  • Various standards: (IAS 10, 37 and 24)
  • Share capital transactions and financial instruments
  • External audits
  • Concepts, sources & systems in taxation
  • Tax depreciation, losses & groups
  • Other areas of tax
  • International & deferred taxation
  • Working capital
  • Managing inventories
  • Managing trade receivables and payables
  • Cash flow forecasts and managing cash
  • Short term borrowing and investing

CIMA Professional – Operational Level Package (E1, P1, F1)

£ 350 VAT inc.