Certificate in Management Accounting

The “Certificate in Management Accounting” is a thorough program offered by Equalifi that delves into the principles and practices of management accounting. This course covers essential topics such as costing, budgeting, standard costing, variance analysis, and activity-based costing. You will learn how to prepare cost sheets, develop master and flexible budgets, and use standard costing techniques for effective variance analysis. Additionally, the course explores marginal costing, management control systems, and responsibility accounting, providing you with a comprehensive understanding of how to use accounting information for managerial decision-making and performance management.

By combining theoretical knowledge with practical applications, this certification prepares you to handle the financial aspects of management accounting with confidence. Whether you’re aiming to advance in your current role or seeking new opportunities, this course equips you with valuable skills and insights for effective financial management.

Benefits:

  • Deep Understanding of Management Accounting
  • Enhanced Career Opportunities
  • Practical Skills in Costing and Budgeting
  • Expertise in Standard Costing and Variance Analysis
  • Knowledge of Marginal and Activity-Based Costing
  • Insights into Management Control Systems
  • Professional Credibility
  • Networking with Industry Experts
  • Current Knowledge of Accounting Techniques
  • Preparation for Advanced Financial Roles

Careers After Certificate in Financial Markets

  • Management Accountant
  • Cost Accountant
  • Budget Analyst
  • Financial Controller
  • Performance Analyst
  • Financial Planning and Analysis (FP&A) Specialist
  • Internal Auditor
  • Corporate Accountant
  • Financial Manager
  • Business Consultant

Reference Books

  • Management Accounting by SINGH, SURENDER
  • Management Accounting By R.P. Rustagi
  • Management Accounting by R.S.N. Pillai
  • Management Accounting by Prof. M.L. Agarwal and Dr. K.L. Gupta

Exam Details

Equalifi is offering the CIMA examination on an external, remote-proctored platform. Candidates can schedule an exam by paying the exam fee. Once the exam fee payment is done and exam registration is confirmed, the exam platform sends out the exam link by email to the candidates. Candidates can appear for the exam anytime any day within the next 1 year through this exam link from any place. Candidates need a good internet connection and a functional camera on their PC/ Laptop to appear for this exam.

CCRA Certification has only 1 exam which covers both Level 1 and Level 2 syllabus.

Sr. No. Name of Module Type of Questions Test Duration No. of Questions Maximum Marks Pass Marks (%) Negative Marking
1 Certificate in Management Accounting (CIMA) MCQ 2 Hrs 100 100 50 20%

 

Candidate Audit:

Equalifi will randomly audit a percentage of applications on a regular basis. Candidates will be responsible for providing the requested supporting documentation to verify their education and professional background as mentioned in the registration form. Equalifi’s practice is not to contact employers or educational institutions to obtain verification documentation on the candidate’s behalf. Failure to comply with the audit, falsification or misrepresentation of requested information and/or any unprofessional conduct will result in denial/cancellation of the exam registration and/or revocation of the program certificate. Candidates subject to audit will be notified by e-mail and will have 10 business days to respond. Once selected for audit, candidates will be required to satisfy the audit requirements before being able to receive the final certificate. Failure to comply with the audit will result in forfeiting all fees. Additionally, a candidate who does not comply with the audit will be subject to audit if reapplying for a future testing window.

Fee Details:

Exam Fee: INR 1,770

*Fee mentioned is inclusive of GST. Exam fee is applicable for each attempt.

 

Exam Preparatory Material

You can access the course tutorial recordings and study material on the Equalifi Membership Portal.  Set up your free Equalifi Virtual Membership account here

 

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