Course details
The CIMA Certificate in Business Accounting is CIMA's own entry route to the CIMA professional qualification. Its aim is to ensure you understand the regulatory framework for accounting, how formal business relationships are established and the economic environment in which organisations operate.
The Certificate in Business Accounting will also introduce you to the concept of management accounting and cover quantitative statistical analysis methods that will be used by a Chartered Management Accountant.
The certificate level is made up of five subjects. Upon completion students are awarded the CIMA Certificate in Business Accounting (NQF level 5) and receive a 'CIMA Cert BA' designation.
As the number and sequence of subjects taken is completely flexible, students are advised to seek advice from tuition providers to recommend a study plan that best suits their circumstances.
It may be advantageous to have completed some subjects prior to studying others - but you do not have to follow any particular sequence.
Fundamentals of Management Accounting
This paper deals with the basic techniques for the identification and control of costs and cost management. It introduces the context of management accounting in commercial and public sector bodies and its wider role in society. It identifies the position of the management accountant within organisations and the role of CIMA.
Classification of costs and cost behaviour provides a basis for understanding the various tools available for planning, control and decision making. Budgetary control requires the setting of targets and standards while the analysis of variances demonstrates the levels of performance within organisations. Accounting control mechanisms are identified and applied to provide information to managers to achieve operational efficiency. Investment appraisal, break-even analysis and profit maximising are used to aid both long and short-term decision making.
Fundamentals of Financial Accounting
The main objective of this paper is the preparation of financial statements for single entities. These statements are constructed within a conceptual and regulatory framework requiring an understanding of the various valuation alternatives, the role of legislation and of accounting standards.
Being able to apply accounting techniques and systems enables the preparation of accounts for different types of operations and for specific transactions. There is an introduction to measuring financial performance with the calculation of basic ratios. The need to understand and apply necessary controls for accounting systems, looking at internal control and the nature of errors and fraud, is also covered.
Fundamentals of Business Mathematics
This paper primarily deals with the tools and techniques to understand the mathematics associated with managing business operations. Probability and risk play an important role in developing business strategy. Preparing forecasts and establishing the relationships between variables are an integral part of budgeting and planning.
Financial mathematics provides an introduction to interest rates and annuities and to investment appraisal for projects. Preparing graphs and tables in summarised formats and using spreadsheets are important in both the calculation of data and the presentation of information to users.
Fundamentals of Business Economics
This paper primarily deals with the economic context of business and how competition, the behaviour of financial markets, and government economic policy can influence an organisation. It also provides the key microeconomic techniques underlying price determination and profit maximisation decisions.
The focus of this syllabus is on providing candidates with an understanding of the areas of economic activity relevant to an organisation's decisions.
Fundamentals of Business Law, Corporate Governance and Ethics
The learning outcomes in this paper reflect the legal framework for business and provide the underpinning for commercial activity. It includes the areas of contract law, employment law, financing, administration and management of companies. The globalisation of business is recognised by the inclusion of alternative legal systems, as well as the English legal system. Judicial precedent is included in relation to professional negligence.
Wherever business is conducted, the highest professional standards must be demonstrated for the benefit of all stakeholders. With this in mind, the place of ethics and ethical conflict is considered, as well as the role of corporate governance and its increasing impact in the management of organisations.
Updated on 15 March, 2016Course Location
About IBTC Professional Business Education
We are IBTC. Also known as International Business Training College.
We are a registered course provider offering a combination of distance learning and classroom courses designed to prepare students for their professional examinations.
All our courses include a set of internationally-acclaimed study material which has been developed to ensure that students have maximum control over what they learn, the way they learn it, and the pace at which they work.
We work closely with a variety of professional institutions to support skills training and education. We believe in providing local students with access to international qualifications, bringing you closer to your professional goals and success in the workplace.
So what makes us different?
That's a good question. Well, for starters we don’t offer short courses that get you nowhere and we don’t offer any short cuts or easy outs to getting your qualification.
In fact, we try not to do anything that won’t be of real benefit to you.
Every semester we take time to reflect on our experiences and lessons learnt. This growth gives us a wonderful opportunity to give back to our students by always improving semester on semester.
Everything we do is about education.
So whether we’re sharing an online article or hosting an exam techniques workshop, the goal is always the same – to inspire, empower and educate.
Our partnerships give you local access to the best business and finance qualifications. We deliver the best material, the best lecturers and the best support.
We do what we do because we want to create a community of professionals studying the best professional qualifications in the world.
And with everything we do, we do with the student in mind. Through education, we want to make your lives better, happier …and a promotion or two along the way won’t hurt. We’re here to help you make a difference in your lives. If this was what you had in mind, you've come to the right place.
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