What is the difference between cima and aat

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In summary, ACCA opens the door to even more opportunities. Length of study There are no time limits to complete the Foundation, Applied Knowledge or Applied Skills exams, but you have seven years to complete your four Strategic Professional level subjects once you have passed your first Strategic Professional exam. At Eagle, our mentors help you create a personalised learning plan so you have clear timelines to study towards. Try our distance ACCA course free for 7 days.

The key difference being that CIMA is more focused around management and leadership skills spanning across not only finance, but business too. And there is a particular focus on adding value to organisations. Professional Operational — To begin here, you will be expected to have completed the Certificate, AAT Level 4, or have a relevant degree.

Throughout this level you will become confident with managing costs and carrying out analysis. Professional Management — You will need to have finished Professional Operational to start, or have relevant exemptions.

Professional Strategic — You must have finished the Professional Management level or have relevant exemptions.

At this final stage, you will learn about strategic and risk management, as well as understanding the financial strategy of organisations. These day-to-day issues make companies want to hire a certified accountant whose qualification is average. Image courtesy: rbs. The association board focuses on the development of management control of organizations in the UK and worldwide. CIMA is the largest management accounting body in the world, with more than , members and students in more than countries.

Key subjects of CIMA include managerial decision making, financial analysis, taxation, integrated management, accounting risk and control strategy.