Friday, February 24, 2012

ACCA Worldwide pass rates (Fron June 2003 - Dec 2011)


ACCA Qualification
The current ACCA Qualification syllabus was first examined in December 2007. Pass rates for the old syllabus (from June 2003) are also included here. 


Foundations in Accountancy - December 2011 session Pass Rates

December 2011 session Foundations in Accountancy pass rates were:


Introductory Certificate in Financial and Management Accounting
FA1, Recording Financial Transactions, 69%* 
MA1 Management Information, 65%*


Thursday, December 29, 2011

The CIMA gateway assessment (CGA)


Accelerated route to CIMA with CGA

Develop your professional career and join CIMA through the accelerated route for members of:
  • affiliates and members of the Association of Chartered Certified Accountants (ACCA) 
  • passed finalists and members of the Institute of Chartered Accountants of India (ICAI)
  • members and passed finalists of the Institute of Chartered Accountants in Sri Lanka (ICASL)
  • members of the Institute of Chartered Accountants of Ghana (ICAG)
  • South African Institute of Chartered Accountants (SAICA) – from 2011 completion
  • Zambia Institute of Chartered Accountants (ZICA) – from 2012 completion.

The CIMA gateway assessment (CGA)

Syllabus
The CGA is drawn from the management level papers of the CIMA syllabus:

P2: performance management
E2: enterprise management
F2: financial management

Section A – three compulsory questions each worth 25 marks.
1. P2 syllabus area B – cost planning and analysis for competitive advantage (25%)
2. E2 syllabus area B – project management (25%)
3. F2 syllabus area A – group financial statements (25%)
Section B – a series of objective test questions totalling 25 marks, from all other areas of the P2, E2 and F2 syllabi not covered in section A (25%).

Passing Marks
The pass mark for the paper is 50 marks.

CGA Exam Fees
For a fee of £290, the CGA accelerated entry route includes:
  • one exam entry and attempt at the CGA exam
  • three CIMAstudy.com online study modules (E2, P2 and F2).

Total Exemptions
On successful completion of the CGA exam, you will be granted 11 free exemptions from the CIMA professional qualification and awarded the CIMA advanced diploma in management accounting.  You will then be able to enter the strategic level papers P3, E3 and F3.


Practice Exam Papers








CIMA EXEMPTIONS FOR ACCA



Accelerated route to CIMA with CGA

Develop your professional career and join CIMA through the accelerated route for members of:
  • affiliates and members of the Association of Chartered Certified Accountants (ACCA) 
  • passed finalists and members of the Institute of Chartered Accountants of India (ICAI)
  • members and passed finalists of the Institute of Chartered Accountants in Sri Lanka (ICASL)
  • members of the Institute of Chartered Accountants of Ghana (ICAG)
  • South African Institute of Chartered Accountants (SAICA) – from 2011 completion
  • Zambia Institute of Chartered Accountants (ZICA) – from 2012 completion
By joining CIMA by  ACCA Affiliates and Members you will be awarded 11 exemptions out of 15 papers After completing CGA exam, after completing CGA you will be awarded CIMA Advance Diploma in Management Accounting and you will move to strategic level.

Monday, December 19, 2011

ACCA closes direct membership route for CIMA members




ACCA (the Association of Chartered Certified Accountants) is removing an option for CIMA members to obtain direct membership of ACCA with effect from 1 January 2012.