CIMA Certificate in Business Accounting 2017 Syllabus · 2016. 11. 30. · Session Focus - Cert BA 2017 Qualification - Exam preparation - Exam techniques ‘’ this webinar is aimed

CIMA Certificate in Business Accounting

2017 SyllabusClancy Peiris

Head of Learning

Session Focus

- Cert BA 2017 Qualification- Exam preparation- Exam techniques

‘’ this webinar is aimed at Cert BA students to obtain information about the Cert BA 2017 qualifications, assessments and transition

arrangements from Cert BA 2011, so that they may plan, study, revise and prepare for their exams confidently.’’

CIMA’s Qualifications – building bridges….

Cert BA research and consultation –

extensive and rigorous

What we asked

• What does finance do?

• What should finance do?

• How well does finance do what is expected of it?

• Why?

What they said

Finance should

• Apply accounting and finance skills

• With a deep understanding of the business context to provide insight

• To influence people

• And provide leadership

The changing role of the Finance Function

CGMA Competency Framework

Updating the Cert BA – CIMA’s approach

• Relevance to employers

• Linking to the 3 professional pillars

• Academic consistency

• Learning outcomes relevant to:

– A junior finance officer

– Someone in a finance-supporting role

– Someone entering professional level syllabus

CIMA Certificate in Business Accounting syllabus diagram

CIMA Qualification Framework

CGMA Competency Framework

BA1 Fundamentals of Business Economics


A Macroeconomic and Institutional Context of

Business25%

B Microeconomic and Organisational

Context of Business30%

C Informational Context of Business 20%

D Financial Context of Business 25%

BA2 Fundamentals of Management Accounting


A The context of Management Accounting 10%

B Costing 25%

C Planning and Control 30%

D Decision Making 35%

BA3 Fundamentals of Financial Accounting


A Accounting Principles, concepts and Regulations 10%

B Recording Accounting Transactions 50%

C Preparation of Accounts for Single Entities 30%

D Analysis of Financial Statements 10%

BA4 Fundamentals of Ethics, Corporate Governance and Business Law

BA4 Fundamentals of Ethics, Corporate

Governance and Business Law

A Business Ethics and Ethical Conflict 30%

B Corporate Governance, Controls and

Corporate Social Responsibility45%

C General Principles of the Legal System,

Contract and Employment Law15%

D Company Administration 10%

The CIMA Certificate in Business Accounting elevates people and businesses to success by developing skills and unlocking talent.

Better skills. Better business.

Change in structure to four subjects

Current Syllabus

Updated syllabus

Fundamentals

of Management Accounting

Fundamentals of

Financial Accounting

Fundamentals of

Business Economics

Fundamentals of

Ethics, Corporate Governance and

Business Law

BA3 BA1BA2 BA4

CONFIDENTIAL – internal use only

• Transition Guides

• Transition Guides for each subject BA1-BA4

• Re-location of Mathematical topics from C03 to

• BA1,BA2 and BA3

Links to the Professional Qualification


A Macroeconomic and Institutional Context of Business • E2 Project and Relationship Management

• E3 Strategic Management

B Microeconomic and Organisational Context of Business• E2 Project and Relationship Management

C Informational Context of Business• E1 Organisational Management

D Financial Context of Business• E1 Organisational Management

• P3 Risk Management



A The Context of Management Accounting• Underpins the Performance pillar

B Costing • P1 Management Accounting

C Planning and Control• P2 Advanced Management Accounting• P3 Risk Management

D Decision Making• P2 Advanced Management Accounting




A Accounting Principles, Concepts and Regulations• F1 Financial Reporting and Taxation

• F3 Financial Strategy

B Recording Accounting Transactions • F1 Financial Reporting and Taxation

C Preparation of Accountants for Single Entities• F1 Financial Reporting and Taxation

D Analysis of Financial Statements • F2 Advanced Financial Reporting



BA4 Fundamentals of Ethics, Corporate Governance and Business Law

A Business Ethics and Ethical Conflict

• E1 Organisational Management

• F1 Financial Reporting and Taxation

• F2 Advanced Financial Reporting


B Corporate Governance, Controls and Corporate Social Responsibility


• F1 Financial Accounting and Taxation

• P1 Management Accounting


Links to the Professional level cont.

BA4 Fundamentals of Ethics Corporate Governance and Business Law

C General Principles of the Legal System, Contract and Employment Law



D Company Administration

• E1 Introduction to Organisations



Alignment with professional level OT exams

Common set of guiding principles that direct development of all CIMA examinations at every level:

• Employability• Reliability• Influencing learning • Accessibility• Fair exams: Best practice processes and methodologies

Student experience will be consistent across all of CIMA’s exams.

Syllabus weightings indicate test weightings

Testing competency

• Items will be set which test up to the cognitive level of the verb in the component learning outcome

• The Cert BA syllabus learning outcomes test the first three levels of CIMA’s learning hierarchy (knowledge, comprehension and application)

• Items testing application will focus on practical application in an management accounting / business context and replicate tasks commonly undertaken by the job roles linked to the Cert BA syllabus

Test construction

• Each test will last 2 hours.

• Take assessments in any order

• 60 items on BA1, BA2, BA3, with both narrative and calculation items.

• 85 items for BA4 with 0 calculation items.

• The indicative study weightings for syllabus topics as published in the

syllabus document will be reflected in the test.

Calculators

• Non-programmable calculator

– Calculator Guidance

• May use the on-screen calculator

Maths tables and formulae

BA1 BA2 BA3 BA4

Present valueCumulative present value

X X

Linear regression formula X X

Internal rate of return formula X

Pearson Correlation Coefficient formula

X

Spearman’s Rank Correlation formula X

Least square regression A and B X

Normal distribution table X

Item types

Sample items - shows how the topic is likely to be tested

PV Question tutorial – to experience the test driver and how items (questions) are presented

Marking and scoring

• Marked by computer

• All items are equally weighted

• All elements of an item must be answered correctly for the question to be marked correct (No partial marking)

• All items are independent (when items are based on common scenario)

• No negative marking

Scoring and results

• Each objective test will differ slightly in challenge and content.

• To ensure consistency and equality

– Short term approach (Passing grade)

– Long term approach (scaled scoring)

Scoring and results

• Until we have large enough numbers of exam sittings:

• Provisional grade (at the test centre)

– Pass / Fail

• Final grade: My CIMA (within 48 hours)

– Pass / Marginal Fail / Fail

• Sectional feedback (4 sections): Proficient / Not Proficient

• Why marginal fail?

Scoring and results

• Moving onto scaled scoring once large-enough volume of candidates sit exams for psychometric analysis

• Passing score of 100 (scale between 0 and 150)

– Consistent with 2015 Professional Qualification (OT)

Distributed through Pearson VUE testing network

Last Cert BA 2011 Syllabus Examination

Tuesday

10 January 2017

First Cert BA 2017 Syllabus Examination

Wednesday

11 January 2017

Approach for learning

• Component Learning Outcome should steer and shape your lesson planning

• Self Study Guides

Learning Support

• Self Study Guides• CIMA-Kaplan materials• CS.com and ‘Aptitude’ • Transition Guides• Study Guides• Articles • Free maths modules • Videos

– ‘how to prepare well for the exam?’– Exam techniques and time management’

All these resources sit in CIMA Connect

Time management in the exam

First Round – score marks on areas most comfortable with

1. Answer short questions that can be answered quickly and confidently

2. Mark the ‘best’ answer and flag to review later

Second Round - ‘Review Incomplete Items’ in the review screen

3. Answer ‘Incomplete Items’ (more time needed to think, calculate etc)

4. Use remaining time to review flagged questions

Finally,

• CIMA exams are rigorous enough to be ‘valuable-enough’ qualification

• Learning is a process / journey, so know your stuff

• Prepared students are happy and less anxious, hence more likely to pass exams

• Finally, we are here to help you.

The CIMA Certificate in Business Accounting elevates people and businesses to success by developing skills and unlocking talent.

Better skills. Better business.

Any

Questions?

Documents

CIMA Certificate in Business Accounting 2017 Syllabus · 2016. 11. 30. · Session Focus - Cert BA 2017 Qualification - Exam preparation - Exam techniques ‘’ this webinar is aimed