Prerequisites of CIMA BA1 Certification Exam
If you already possess a degree in accounting, and you are working in the profession, then it is possible to sit the CIMA BA1 Certification Exam. You must have a minimum of two years of full-time experience as a qualified accountant before sitting the exam. Those who do not manage to obtain this experience before sitting the exam, they will still be able to sit for the exam after this period has passed. All applicants must have passed the first level of CIMA exams before sitting for this exam. This is a crucial pre-requisite as candidates cannot sit for this exam after they have already passed their first-level CIMA exams.
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Who is CIMA?
CIMA is the UK-based Chartered Association of Certified Accountants with a membership of over 40,000 worldwide. Founded in 1928, CIMA is the world's first professional accountancy body to offer a nationwide professional qualification. The association comprises all the members of the Institute of Chartered Accountants in England and Wales, as well as CAA Scotland which operates under their own statutes and the Institution of Professional Accountants (IPA) Ireland.
CIMA certification demonstrates you are able to perform fully competent and structured work within an agreed set of standards within one or two specializations. CIMA BA1 certification also demonstrates that you possess the necessary professional competencies and knowledge to receive advanced accounting qualifications such as the Chartered Certified Accountant (CCA) designation which are also covered in our CIMA BA1 Dumps. There are two broad reasons for taking Examination: First, as a candidate, you have the opportunity to demonstrate your ability and commitment by sitting exam and receiving the status of a certified professional. Second, employers will be able to evaluate your CV on CIMA qualifications.This will allow them to better understand your suitability with their organization.
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Enlist the Registration procedure of the CIMA BA1 Certification Exam
There are four steps needed for you to register for your CIMA BA1 Certification Exam:
Pay and schedule your exam through CIMA website
Complete the entry requirements form before you pay and schedule your exam. You will be asked to provide photos of photo IDs, your proof of address, and your proof of professional practice. You can also attach a passport size photo to the email if possible.
Complete an online application form
If you want to sit for the same exam again within the same year, you need to register for your exam through the latest registration.
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CIMA BA1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Financial Context of Business | 25% | - Functions and structure of financial markets - Financial institutions and their roles - Time value of money and discounting - Interest rates and their impact on business - Simple and compound interest, annuities and perpetuities |
| Informational Context of Business | 20% | - Presentation and interpretation of business data - Role of information technology and big data - Data types, sources and characteristics - Probability and basic statistical techniques - Index numbers and time series analysis |
| Macroeconomic and Institutional Context of Business | 25% | - Economic growth, business cycles and price levels - National income and economic activity - Monetary and fiscal policy - Exchange rate systems and balance of payments - International trade and globalisation |
| Microeconomic and Organisational Context of Business | 30% | - Business objectives and stakeholder influences - Market structures and pricing behaviour - Price elasticity and revenue effects - Demand, supply and market equilibrium - Market failure and government intervention |
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