Latest news with #CGMAProfessionalQualification
IOL News
2 days ago
- Business
- IOL News
CIMA enhances CGMA Professional Qualification syllabus to align with modern finance
Craig Henery, ACMA, CGMA, CFO at DHL Express South Africa; Tariro Mutizwa, ACMA, CGMA, Vice President at AICPA & CIMA; Catherine Chettiar, FCMA, CGMA, Finance Senior Manager for Business Reform at Toyota South Africa; Stephen Flatman, Vice President of Education and Professional Qualifications, Management Accounting at AICPA & CIMA; and Grant Driver, Founder of Captivate International. Image: Supplied The Chartered Institute of Management Accountants (CIMA) has unveiled its CGMA Professional Qualification syllabus for 2026. This upgrade is designed to prepare students for the future of work and meet the growing expectations of modern finance professionals to be high-performance finance business partners capable of utilising technology and applying critical thinking skills. The emphasis on finance business partnering and applied problem solving aligns with AICPA and CIMA's Future of Finance 2.0 research and the World Economic Forum's Future of Jobs Report 2025, which predict that combining technology and human insight will be crucial for career success in the knowledge economy and essential for future accounting and finance roles. The upgraded syllabus enhances key competencies and behaviours such as finance business partnering, analytical thinking, and strategic planning while broadening its scope to include sustainability (e.g. green finance, environmental costing, and disclosures under IFRS S1/S2) and cutting-edge financial technologies (GenAI) content. "With a focus on finance role simulations embedded in our Case Study exams, the CGMA Professional Qualification allows finance professionals to quickly develop and apply cognitive, digital, and technical skills needed as finance business partners. Our unique problem-solving educational approach helps them provide expert advice, support decision-making, and create value for organisations." commented Stephen Flatman, Vice President of Education and Professional Qualifications, Management Accounting at AICPA and CIMA. 'This year's update to the CGMA Professional Qualification syllabus sets it apart from traditional accounting and finance education, which still focuses heavily on preparing information, controls, and compliance – tasks increasingly automated by technology. The CGMA Professional Qualification is designed for the future of finance; created by finance professionals to equip future finance professionals with skills they need to be value creators,' added Andrew Harding, FCMA, CGMA, Chief Executive – Management Accounting at AICPA and CIMA. 'The updated CGMA Professional Qualification syllabus represents a significant advancement in the development of finance and accounting professionals across Africa. By integrating key competencies such as business partnering, analytical thinking, strategic planning, and sustainability, it ensures that our members and candidates are equipped with the expertise required to navigate the complexities of the modern business landscape. This evolution aligns with global industry demands, reinforcing our commitment to fostering highly skilled professionals who drive economic growth and corporate resilience' said Tariro Mutizwa, ACMA, CGMA, Vice President, Africa at AICPA and CIMA. These changes do not impact learners taking CGMA exams in 2025. A Case Study and Objective Tests study support materials pack will be launched in October to help students prepare for the May 2026 CGMA exams. CIMA has also created over 50 hours of free study support materials to help candidates progress through exams and their journey to becoming CGMA designation holders. Full details can be found on the CIMA website.
Yahoo
14-05-2025
- Business
- Yahoo
CIMA updates CGMA Professional Qualification syllabus
The Chartered Institute of Management Accountants (CIMA) has upgraded its Chartered Global Management Accountant (CGMA) Professional Qualification syllabus. The new syllabus is set to take effect in 2026. The revision aims to equip students with the necessary skills to excel in the changing landscape of finance, focusing on high-performance finance business partnering, technological adeptness, and critical thinking, CIMA said. The updated syllabus is a response to the Future of Finance 2.0 research by Association of International Certified Professional Accountants and the Chartered Institute of Management Accountants (AICPA) and CIMA and the World Economic Forum's Future of Jobs Report 2025. These studies emphasised the importance of synergising technology with human insight for career advancement in the knowledge economy and for future roles in accounting and finance. The new syllabus is aimed at enhancing core competencies such as finance business partnering, analytical thinking, and strategic planning. It also expands to cover sustainability topics such as green finance, environmental costing, and disclosures under IFRS S1/S2, as well as financial technologies including GenAI. Students planning to appear for CGMA exams this year will not be affected by these changes, CIMA noted. To assist with the transition, CIMA will release a case study and objective tests study support materials pack in October this year. These materials will aid students in preparing for the May 2026 CGMA exams. AICPA & CIMA Management Accounting Education and Professional Qualifications vice-president Stephen Flatman said: 'With a focus on finance role simulations embedded in our Case Study exams, the CGMA Professional Qualification allows finance professionals to quickly develop and apply cognitive, digital, and technical skills needed as finance business partners. 'Our unique problem-solving educational approach helps them provide expert advice, support decision-making, and create value for organisations.' Additionally, CIMA has developed more than 50 hours of complimentary study support materials to aid candidates in their exam preparation and journey towards earning the CGMA designation. In March 2025, the AICPA and CIMA recognised 177 accounting and finance professionals in Sri Lanka with their ACMA and FCMA certificates, alongside the CGMA designation. "CIMA updates CGMA Professional Qualification syllabus" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
