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Should i do CIMA after ACCA P5 ?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › Should i do CIMA after ACCA P5 ?

  • This topic has 3 replies, 2 voices, and was last updated 6 years ago by Ken Garrett.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • July 22, 2018 at 3:39 pm #464235
    bulloram
    Participant
    • Topics: 5
    • Replies: 1
    • ☆

    Hi everone, i need some career advice.
    I have finished my A levels last year and started ACCA this january. I have already clear level one ACCA and currently studying for the F5 exams. I really found management accounting to be interesting, although my current job is in the audit department as i needed it to pay tuition fees. I never knew about CIMA before and thought that ACCA was enough for me for m career goals. So, if i want to be a management accountant, will doing ACCA P5-Advance performance management be enough or should i start with CIMA or complete ACCA and take advantage of exemption. Please send help.

    July 22, 2018 at 5:37 pm #464243
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10583
    • ☆☆☆☆☆

    By the time you become ACCA qualified, you can have studied SBL, AFM (P4) and APM (P5). Those papers mean that you will have covered more or less what is in covered in CIMA. In addition you will have more auditing knowledge and financial reporting coverage than provided by CIMA.

    I suggest that having started with ACCA you stick with it.

    July 22, 2018 at 6:06 pm #464247
    bulloram
    Participant
    • Topics: 5
    • Replies: 1
    • ☆

    Thank you for the answer.

    As of right now, i have not get an opportunity to work for any business advisory/consultancy department firm. I have been working in audit for only one month. Should an opportunity for a switch to happen, do i take it or do you think that working in the audit department to diverse my experience is a better option. I am still 20 years old. I was thinking of working in audit for a year and then make a switch in department after completing F5 and F9. Is that a good decision?

    July 22, 2018 at 11:10 pm #464285
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10583
    • ☆☆☆☆☆

    If you are particularly interested in management accounting that is probably what you will be best at, so if the opportunity arises to switch then consider it. Of course, the quality of both jobs and employers has to be taken into account too.

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