In December 2021, bachelor’s and master’s degree programs in Accounting and Auditing, Accounting and Taxation (Sumy State University) were accredited by the Chartered Institute of Management Accountants (CIMA), United Kingdom.
CIMA recognizes Sumy State University as an authoritative and respected higher education institution of Ukraine, providing a list of credits to graduates of this specialty, taking into account the improved procedure of CIMA accreditation of financial curricula.
The partnership between Sumy State University and CIMA will allow graduates in “Accounting and Auditing”, “Accounting and Taxation” to facilitate the CIMA qualification process in the future, as CIMA Certification, Operational and Management exams will be credited upon successful completion. CIMA exams from the following modules will be credited:
For bachelors
CIMA certification level:
– BA1 Fundamentals of business economics
– BA2 Fundamentals of management accounting
– BA3 Fundamentals of financial accounting
– BA4 Fundamentals of ethics, corporate governance and business law
Professional qualification CIMA – Operational level:
– E1 Financial Management in the Digital World
– P1 Management Accounting
– F1 Financial statements
For masters
CIMA certification level:
– BA1 Fundamentals of business economics
– BA2 Fundamentals of management accounting
– BA3 Fundamentals of financial accounting
– BA4 Fundamentals of ethics, corporate governance and business law
Professional qualification CIMA – Operational level
– E1 Financial Management in the Digital World
– P1 Management Accounting
– F1 Financial statements
Professional qualification CIMA – Management level:
– E2 Performance Management
– P2 Advanced management accounting
– F2 Advanced financial reporting
Exemption from certain CIMA exams gives students an advantage because it gives them the opportunity to obtain international certification in a much shorter time.
To receive the international CIMA Diploma in Management Accounting, bachelor’s and master’s graduates will have to pass only one exam – external testing – case study of operational / managerial level (situational task). This will significantly accelerate the career development of graduates, strengthen competitive advantages in the labor market – because young professionals will have the knowledge and skills of the best world standards, which are in demand by domestic and international businesses.
Credits will be provided to graduates of 2022-2026. Accreditation will be extended on the condition of successful cooperation and proper results of the examination for the qualification of CIMA candidates from the University.
Information about СІМА
CIMA, The Chartered Institute of Management Accountants, founded in 1919, is the world’s leading and largest professional association of management accounting professionals. It has 229,000 members and students working in 179 countries.
CIMA works closely with employers, conducts cutting-edge research, continuously improves its curriculum, updates the requirements for CIMA qualified professionals and ensures their further professional growth so that CIMA graduate status remains the best recommendation for employers looking for financially literate business leaders.
Professionalism and ethics are the basis of CIMA’s activities, so members and students of the Institute meet high moral and qualification requirements, have a strategic vision of business development.
CIMA, in conjunction with the American Institute of Certified Public Accountants (AICPA), has established the Chartered Global Management Accountant (CGMA) to enhance the prestige of the management accounting profession. This status is awarded to the most talented and focused management accounting professionals with knowledge and skills for intensive business development.
CIMA members and students in Ukraine work in industrial and commercial enterprises, government agencies and non-profit organizations – in total it is more than 200 companies in key sectors of the economy: agriculture and food, chemical and pharmaceutical, electricity, construction, finance, public sector, others.
In Ukraine, offline and distance learning under CIMA programs is available. You can take the exams in the 7 largest cities of Ukraine: Kyiv, Mykolaiv, Dnipro, Kharkiv, Ivano-Frankivsk, Lviv, Ternopil.
More info here www.cimaglobal.com
Twitter www.twitter.com/CIMA_News
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