CIMA TRAINING

supporting employer training of CIMA students

000 students and 59. and in addition to its is headquarters in the UK has eleven offices internationally. .The Chartered Institute of Institute Management Accountants (CIMA) CIMA (The Chartered of is the voice of over 77. published by the Professional Oversight Board for Accountancy (POBA) in February 2005.000 members in 156 countries around the world.1 1 Key Facts and Trends in the Accountancy Profession.000 students and 65. CIMA is the fastest growing UK based accountancy membership body in terms of members in both the UK and worldwide. over 85.000 members in Management Accountants) the voice of 156 countries.

To earn the right to achieve ‘Chartered Management Accountant’ status students must qualify through a combination of exams and practical experience. which allows us to award professional membership. and reflect these demands in our syllabus. We pride ourselves on the commercial relevance of the CIMA qualification in reflecting the latest developments in business. examined in the same way everywhere and combining the core qualification with life long learning and development for members through CIMA Professional Development. the Chartered Management Accountant is fully prepared to meet the needs of the business and ultimately add value to the bottom line. • Major focus on practical skills development in the workplace. Today’s fast moving environment demands you have the right people to differentiate your business and deliver value to your bottom line. The key aspects of the CIMA Professional qualification include: • Increased management content designed specifically for accountants in business. We are the only professional body delivering an employer driven qualification for management accountants. CIMA has more members in the public sector than any other UK based body. providing the financial qualification for business. Supporting employer training of CIMA students We were granted a Royal Charter status in 1976. CIMA Training is a quality assurance scheme that supports you in helping your students reach this goal. Chartered Management Accountants have the skills and competencies to deliver on this requirement. CIMA offers you the opportunity to become accredited to CIMA Training – offering support to your students and recognition to your organisation of providing a high standard of training. working in business and the public sector. CIMA Training will help you develop leading business managers within your organisation. CIMA has also been voted the ‘Best Student Body’ by readers of Pass student magazine. in recognition of CIMA as being amongst the top professional bodies. In an age of globalisation and intensified competition. CIMA realises the commitment your staff have made in studying the CIMA qualification.CIMA Training about CIMA CIMA’s core strength lies in providing a gold standard in the qualification and support of management accountants. We consult extensively and regularly with employers to meet the changing demands of business. To build on the quality and success of your employees. recognising the commitment we place on the training of students. | 3 . • Providing a consistently global syllabus.

Setting the standard There are two levels of recognition in the scheme that reflect the two stages of progression: • CIMA Training Partner level This represents the minimum level of support that should be provided by employers of CIMA students. It sets out quality standards that enable you to: • Help your trainees get the maximum benefit from the CIMA courses. well planned. designed to ensure that the training of chartered management accountants is delivered everywhere to the same consistently high standard. .CIMA Training CIMA Training – an assurance of quality In today’s fast moving business environment. • Integrate the needs of your business with CIMA’s training requirements. Chartered Management Accountants provide commercially relevant expertise across many management functions. If you would like to be recognised as an employer that can demonstrate their training is adequately financed. and assists in recruiting and retaining the most talented and ambitious finance trainees. whatever the size of your business. • Plan. which is unique in its focus on accounting for business. • Tailor the work experience offered to your trainees so that they understand the practical implications of what they learn. CIMA Training is a quality assurance scheme. well qualified staff are an important asset. • CIMA Training Quality Partner level This is the recommended level of support advocated by CIMA to enable students to successfully progress through the exams and achieve full professional membership. 4 | CIMA Training accreditation demonstrates how serious you are about training. CIMA provides an internationally recognised accountancy qualification. well managed and actively supported by management. then CIMA Training provides the recognition you need. • Benefit from the independent assessment and help that CIMA provides to participating organisations. and develops the skills and competencies required to be the financial qualification for business. monitor and improve your training programme against established benchmarks so that it matches or surpasses the best on offer elsewhere.

and guidance materials. CIMA Training Quality Partner As an employer who has achieved CIMA Training Quality Partner status you will gain additional benefits which include: • Use of the CIMA Training logo to attract higher quality students. as and when you meet the requirements. | 5 . • Promotion of your brand on the CIMA website and inclusion in web based listing of Quality Partners which can also include hyperlinks direct to your company website. CIMA Training Partner The CIMA Training scheme offers employers who achieve Partner status the following: • Recognition for being associated with CIMA. After this you will be required to confirm continued adherence to CIMA Training standards and to advise CIMA of any changes to key staff. organisational policies. training developments. After this you will be required to confirm continued adherence to CIMA Training standards and to advise CIMA of any changes to key staff. organisational policies. exemption policy and information on CIMA Professional Development. • An assurance to your students that you are serious about their training. • Publicity from CIMA through the promotion of the concept of quality assured training via CIMA recruitment literature. and numbers of students employed. The benefits of this include: Quality Control for CIMA Training Partners • More chance of helping your students to achieve success in exams and help them gain their professional membership. advance notice on exam rules.CIMA Training the benefits are clear The business benefits of becoming a part of CIMA Training are substantial at every level. • Ongoing support to help you maintain the CIMA Training quality standards. • Considerable added value to organisations seeking IIP accreditation. • Up to date and relevant information via a bi-monthly e-newsletter. As a CIMA Training employer your students are guaranteed to receive a high standard of training support. You can update your accreditation during this time to Quality Partner status. • An enhanced ability to attract and retain the best students will lead to improved staff competence levels. Regional Development Managers and CIMA advocates in universities. • The opportunity to run in-house computer based assessment for the CIMA Certificate in Business Accounting. training developments. including editorials on business/training topics. • Certificate of Quality Partner status. This information may give rise to further CIMA contact. • Rapid progress of students through the CIMA qualification which means you have trained competent managers delivering relevant business decisions. fees. making them feel valued and more motivated to achieve. • Access to additional fee chargeable training and support services. A sample of organisations will be selected each year for a formal monitoring visit in order to ensure CIMA Training standards are being maintained. A review of your training policy will form an important part of this process. and numbers of students employed. • Improved pass rates of your students will also mean a better return on investment on your training and development costs. Quality Control for CIMA Training Quality Partners Your Quality Partner status will run for a period of two years. Accreditation as a CIMA Training Partner lasts for two years. • Access to a password protected area of the CIMA website which contains downloadable presentations on key topics.

Your organisation can provide a range of financial experience. If you are interested in achieving Quality Partner status contact the CIMA Training Co-ordinator on +44 (0)20 8849 2434 or email: cima. for CIMA students who takes responsibility for overseeing their progress. Roles and responsibilities within the Training Plan have been identified and agreed by staff allocated to them. You offer a comprehensive induction programme. for example through study network schemes. key staff. A mentoring/coaching system (formal or informal) is in place. • Tuition fees. Syllabus and Practical Experience Requirements.g. Your Training Plan addresses the need for ‘soft’ skills and personal and professional development.5 days paid leave per subject per year. Finance Identify and commit the financial resources required to underpin training plans for management accountants. and time off to attend the CIMA exams. Where practical. you provide regular contact between your organisation and the tuition provider to ensure satisfactory progress. Topics might include an introduction to the organisation’s training policies and the details of the CIMA Training Plan. Your CIMA Training Plan offers a broad spread of business experience. • Exam/exemption fees. performance reviews and rewards. Support Provide a structured and supportive environment in which CIMA students can take responsibility for their own training. internal and external courses. • Cost of a revision course for home study students. Training Standards Statements CIMA Training Partner Plan Your organisation has general training policies and plans covering students training to be management accountants. to arrange a consultation with an experienced training advisor. from which individual development plans are derived. You have secured the financial support available to CIMA students. Your organisation makes a significant contribution to meet all essential costs on a first time basis: • Study manuals. its markets and competitors.training@cimaglobal. Your CIMA Training Co-ordinator offers practical support.CIMA Training matrix Training standards for employers. Your students receive a minimum of 1. Your organisation facilitates an effective framework of support for CIMA students. structure of the business. Establish policies and plans which support students in acquiring the CIMA qualification and developing their career within the organisation. a named contact. 6 | . Your students follow a formal study programme. electronic study systems. You discuss the scope of this experience. You offer CIMA students and line managers access to relevant CIMA information e. To become a CIMA Training Partner you need to be able to tick each box in the CIMA Training Partner section. There are five benchmark standards that relate to different activities within the training process: Plan | Finance | Support | Communicate | Review The standards are sub-divided into two levels of accreditation: CIMA Training Partner and Quality Partner. CIMA quality standards provide a tried and tested framework for the ongoing professional development of CIMA students. The tick boxes should be completed to indicate that your organisation is able to offer specific requirements. mentoring. representing the level of support and assistance given to students. plus time off for the exam sittings. You have a CIMA Training Co-ordinator. ideally with a CIMA approved tuition provider. with the students. which will develop the skills and competencies required of a CMA. (your CIMA Training Plan). 3 CIMA Training Quality Partner 3 You have a written training policy specifically for CIMA students. You encourage students to take responsibility for their own training within this supportive environment. and the job roles which provide it.com. You encourage your CIMA members and students to continue their own personal and professional development post qualification.

The CIMA Training Plan itself is reviewed annually with feedback sought from students. and record their progress at least twice a year. Objectives have been set and agreed for the different roles and placements within the training programme. for example training policies. but you should find them a useful resource. The CIMA Training Standards are underpinned by a series of Practice Points which offer additional tips on implementation of the standards. You formally review and record each student’s progress at least once per year. | 7 . You provide each student with structured planning and review. Students. Review Review and record progress against agreed objectives.CIMA Training Training Standards Statements CIMA Training Partner Communicate Your students. Students know what they can expect in return. Progress reviews cover: • Exam performance. progress against business plans and budgets. • Career progression. managers and your Training Co-ordinator know what the students must achieve in terms of knowledge and skills. including objectives and expectations regarding progress on the training plan. managers and mentors. Records of CIMA exam results are maintained in order to monitor each individual’s progress and evaluate the success of both study methods and the training scheme. manager/Training Co-ordinator/mentors. The Practice Points are for information only. You can download these Practice Points from www. financial reward for passing exam papers and appropriate career opportunities. revise future plans as necessary. Your organisation offers a variety of communication channels for keeping staff informed of relevant developments across a range of business areas.cimaglobal. (as cross referenced against Practical Experience Guidelines). Establish effective communications between students. click on My CIMA and log in with the password we will provide. competitor and market developments. for example. Tuition progress is monitored and reviewed with students using feedback reports from the tuition provider. 3 CIMA Training Quality Partner 3 Your training policy has been communicated to students and line managers. • Recording of practical experience gained. • Acquisition of practical experience. • Personal and professional development. Students undertake to give feedback on and to their tuition provider.com/cimatraining. particularly when setting up your CIMA Training Plan. managers and CIMA Training Co-ordinators are aware of expected outputs and achievements.

• The Training Standards Matrix. visit the CIMA website at: www. Once these have been received and reviewed. Please complete and return the following: • The enclosed application form. +44 (0)20 8849 2456 E. you will receive confirmation from CIMA dependent on the completion of the attached form and completed matrix. which may include a visit from a CIMA Training expert.cimaglobal. Please tick against each element of the standards you are able to meet. you will receive feedback on your application by email.CIMA Training how to apply Online Register your details at www.training@cimaglobal. We will send you a unique reference number to enable you to access the closed area of the website.com/cimatraining and we will be in contact with you about your application. Please note as this is our quality assured level. If you would like to know more about any aspect of the support offered by CIMA Training please contact us: T. including PowerPoint presentations on key topics.com/cimatraining 8 | . and benefit from a valuable range of web based training resources. +44 (0)20 8849 2434 F.cimaglobal.com For more information on CIMA Training Standards and how to maximise your training support. we will look for verification that your organisation can meet our standards. • If you are able to meet the standards required for CIMA Training Partner recognition. cima. By post You can also send your completed application by post. we will contact you to discuss how we can work with you to help you achieve CIMA Training Quality Partner status. click on My CIMA to log in. • If you are able to meet all or most of the additional recommended standards for recognition as a CIMA Training Quality Partner. To assist your application please complete the Practical Experience Guidelines enclosed by placing a tick against each area of experience you are able to offer your CIMA students in your organisation.

manufacturing staffs through to marketing and sales staffs. Heritage Motor Centre Jaguar Land Rover 'CIMA Employer of the Year’ 2004 ‘CIMA training contributes to the vibrant atmosphere in our company. Mobile & Strategy Finance Director BT . have the ability to critically analyse business issues and act as business consultants to a wide range of customers ranging from engineers. enhances our training capability and quality of people in our business. such as CIMA.’ Derek Barnes FCMA Finance Director. Southern Africa ‘We consider providing access to a professional qualification as essential for the development of our finance staff. We need people who can demonstrate a flexible approach. ‘We recognise that a key component of a successful training scheme is our relationship with CIMA. I know of no other qualification which meets these needs so well.’ Johan van Rensburg Group Leadership and Development Manager Siemens. We highly value our CIMA Quality Partner status.‘As a CIMA accredited Quality Partner we can attract the right calibre of people into our business. CIMA is a broadly based qualification which we find prepares our staff well for the challenges that they face in an organisation like ours. created by young people who are empowered to take charge of their career development.’ Michael Taylor Finance Director Shell Malaysia Ltd. designers.’ Neil Taylor ACMA Products. The CIMA qualification has the commercial breadth to provide a strong foundation for the type of financial leader we look for. and believe a forward thinking professional body.

The Chartered Institute of Management Accountants 26 Chapter Street London SW1P 4NP United Kingdom T.training@cimaglobal.com . +44 (0)20 8849 2434 F.cimaglobal. cima. +44 (0)20 8849 2456 E.com www.

g. • Plans include specific targets for exam progression. Finance. • Targets for achievement are realistic and have been agreed by students. > Travel costs to tuition centres and/or exam hall. courses. > On site mock exams. > Reference books (in addition to main study manuals). finance) to support ongoing staff development. obtaining experience/knowledge in both technical and ‘soft skills’. • The organisation has a formal policy on continuing professional development and offers resources (time. These Best Practice Guidelines are advisory standards that provide an additional benchmarking and development tool for CIMA Training Partners and Quality Partners. Each is subdivided to reflect the minimum requirements to achieve Best Practice within each section. • All passed finalists are expected to apply for membership within three months of attaining three years relevant experience (not passing the exams). The CIMA website will provide regular updates on developments in training. Support. Finance Identify and commit the financial resources required to underpin training plans for management accountants. manager/s. benchmarking and any relevant additions or changes in Best Practice. Training Standard Best Practice (Advisory standards for those seeking to maximise their training support) Plan Establish policies and plans which support students in acquiring the CIMA qualification and developing their career within the host organisation. • Additional financial support is offered. for example: > Revision courses (for non home study students). > Cost of exam resit (subject to counselling).CIMA Training best practice guidelines Training standards for employers. The Training Standards are divided into five different sections: Plan. first line management role) within the shortest possible time. > Provision of in house library/learning resource centre. Training Co-ordinator and mentor. • Each student has an individual training plan designed to help them achieve full professional qualification and desired career progression (e. personal/professional development and career goals. Communicate and Review. They are based on Best Practice in many of the world’s leading firms and are designed for employers who want to offer training support beyond that required for Quality Partner accreditation. .

students meet with managers. UK T: +44 (0)20 8849 2434 F: +44 (0)20 8849 2456 E: cima. communication may be formal/regular (reviews/appraisals).com www. briefing papers/ meetings. manager/s. • In addition to formal reviews/company appraisals. • Where required. for example in the CIMA exams/admission to membership. peer group networking. • Mentors meet with students at least three times per year to discuss long term personal plans and career options and try to help identify strategies for achieving these. • Success.com/cimatraining . • CIMA recommend a maximum student to member ratio of 2:1. the number of papers to attempt at each sitting. suggestion boxes. For example. tuition providers and Training Co-ordinator to identify the most effective study routes for both individual students and the overall training plan. intranet. on an ongoing basis to discuss progress and plan any necessary adjustments to individual plans. mentors/mentorees have received appropriate mentor training and/or briefing in specific CIMA requirements.cimaglobal.training@cimaglobal. • Study strategies and options are discussed between students. Provide a structured and supportive environment in which CIMA students can take responsibility for their own training. cross departmental working parties.CIMA Training best practice guidelines Training Standard Best Practice (Advisory standards for those seeking to maximise their training support) Support • The organisation can demonstrate commitment to training from the top of the organisation down. informal/ad hoc (meetings with mentors). staff newsletters. 26 Chapter Street. For example. preferred format for revision courses. is recognised and rewarded. senior staff clinics. • Students are encouraged to contribute ideas and suggestions both regarding their own training and development and broader departmental/business issues. Communicate Establish effective communications between students/managers/Training Co-ordinator/mentors. meetings between graduate trainees/HR staff and might be regular or ad hoc as driven by business needs. mentors.g. best study provider. • Communications between partners in a training plan are effective and appropriate to the organisation/information to be communicated. The Chartered Institute of Management Accountants. London SW1P 4NP. including objectives and expectations regarding progress on the training plan. • The organisation itself values communication and seeks to keep staff informed of broader business developments via a range of media e. They might also include senior staff briefings. Review Review and record progress against agreed objectives. revise future plans as necessary. • The mentoring system itself is reviewed annually.

2C. Examples of suitable experience in this area are listed below: 1A. budgeting and forecasting • • • • Preparation. Preparation of briefing papers for management. Although it is not expected that students will work in all areas. Evaluating alternative courses of action and making specific recommendations. creditors and bank balances. • Preparation of regular reports on capital expenditure. Systems and procedure development • Involvement in the design. IT desktop skills • Developing computer literacy using proprietary software packages. following up results of reports. make or buy comparisons. 1C. Preparation of business plans. • Review of existing systems and processes as part of an internal or operational audit.g. 1D. 2D. Preparation of departmental budgets and forecasts. Area 1: BASIC Experience Experience gained in this area should be at a ‘hands-on’ level. Preparation of trial balance. 1B. Students may be contributing to the activities without necessarily having ultimate responsibility for the output. the introduction. Maintaining payroll procedures. services and activities.CIMA Training practical experience guidelines These Practical Experience Guidelines have been put together to make it easier for students and their employers to plan training. Reconciliations of debtors. marginal costing. accruals and pre-payments. analysis and interpretation of variances. development and implementation of new or replacement systems and procedures. regulatory or compliance information for the organisation. 2B. • Preparation and review of other Government financial returns. in order to establish the current and future costs of the organisation’s products. For your information tick which of the areas of experience are available to CIMA students in your organisation. including spreadsheets and databases. Preparation of management accounts • Preparation. break-even analysis and ABC. inventory. Assisting with the drafting of expert witness reports. • Consolidation of the results of subsidiary organisations. Computation of depreciation charges. . of annual budgets and forecasts. • Use of the internet and corporate intranets. capital expenditure budgets and forecasts. in conjunction with line management. Oral presentation of reports using visual aids. Examples of suitable experience in this area are listed below: 2A. presentation and interpretation of regular management accounts and related reports. overhead allocation. Working with other departments to develop corporate budgets and forecasts. they should be given the opportunity to gain a broad balance of experience across the different areas. Preparing and maintaining accounting records • • • • • Updating the organisation’s ledgers accounting records. Management reporting for decision making • • • • • Preparation of non-routine reports that analyse and interpret financial/numerical data.g. Product and service costing • Application of appropriate principles and techniques e. Planning. • Identification of costs and revenues relating to specific business decisions e. • Comparison of actual performance with budget and/or forecast. amendment or deletion of a product or service. outstanding debtors/creditors. and ‘zero based’ budgets. VAT returns. Area 2: CORE Experience (minimum of 18 months) Experience gained in this area should be ‘hands-on’ as much as possible. Under each heading are examples of the activities in which students will be expected to gain experience. Statutory and regulatory reporting • Preparation of annual or interim financial accounts. pricing. balanced scorecards.

• Establishing. assisting with activities or contributing as part of a team. cash flow forecasting and monitoring.g. Managing the process of information gathering.cimaglobal. evaluating these options. Examples of suitable experience in this area are listed below: 3A. Negotiation and management of bank accounts and loan facilities. options for investment. • Supply chain management. recording and forecasting foreign currency transactions.com/cimatraining . • Identifying and evaluating appropriate information systems. identifying and evaluating external factors which may impact on the organisation.training@cimaglobal. 26 Chapter Street. External relationships • Dealing with the organisation’s customers. • Contributing to longer term balance sheet and capital structure management.g.com www. 3G. London SW1P 4NP. Project appraisal • Using investment appraisal techniques for the evaluation of capital expenditure and other projects. Business evaluation and appraisal • Review of other organisations’ performance based on published accounts and other available information e.CIMA Training practical experience guidelines 2E. Chambers of Commerce. the introduction of a new system or procedures to the organisation. Corporate finance • Involvement with company acquisitions. negotiation of credit terms with customers. 2F. ABPI. capital expenditure projects. auditors. Project management • Management of a project or working as part of a project team e. suppliers. bankers and investors. external advisors. documentary credits. bills of exchange. 2H. Information management • Defining the information requirements of the organisation.g. • Internal or external consultancy assignments. • Dealing with representative bodies and trade associations e. • Involvement with distribution of earnings policy. inventory control. CBI. performing risk assessments and recommending strategies for adoption. Dealing with export finance e. cost of capital and leasing decisions. competitor review. • Analysing market and competitive developments in relation to marketing strategy. disposals. • Analysing the economic impact of environmental change upon the organisation. 2G. Financial strategy • Identifying the organisation’s funding position. payment of creditors and expenses.g. • Evaluating other investments or acquisitions using appropriate techniques. such as the launch of a new product or an office move. Working capital control • Debt collection. 3F. analysis and evaluation of activities. 3B. • Post completion audit of projects and investments. Government departments and other regulatory authorities. UK T: +44 (0)20 8849 2434 F: +44 (0)20 8849 2456 E: cima. 3C. potential investment or customer creditworthiness. Management of foreign exchange and currency exposure. costs and sources of funds.g. processing. The Chartered Institute of Management Accountants. 3E.g. VAT in UK. stock exchange and receivers or administrators. • Identifying and appraising the organisation’s skills and resources. • Involvement with take-overs of public companies and defence against unwelcome bids. • Periodic stock takes. storage and retrieval. • Any other non-routine activity with a defined output. • Identifying and defining business options. regional taxes and employee taxes and state insurances collected by the employer. Valuation of financial instruments. Business strategy • Contributing to the establishment of the organisation’s long term business objectives e. business process re-engineering or quality improvement. • Advising managers on critical economic and financial developments. suppliers and bankers. management buy-outs or buy-ins and corporate restructuring. • Contributing to the development of the organisation’s information systems strategy as a complement to its business strategy. • Review of subsidiary or associated company performance. future funding requirements. planning and applying the impact of other taxes and charges such as sales taxes. the identification of slow moving and redundant stock. Area 3: SUPPLEMENTARY Experience Experience gained in this area might include responsibility for research. Taxation authorities • Establishing the organisation’s liability for corporation tax and other obligations to revenue authorities e. Treasury management • • • • 3D.

com. Syllabus and Practical Experience Requirements. Establish policies and plans which support students in acquiring the CIMA qualification and developing their career within the organisation. (your CIMA Training Plan). and the job roles which provide it.training@cimaglobal. A mentoring/coaching system (formal or informal) is in place. you provide regular contact between your organisation and the tuition provider to ensure satisfactory progress.CIMA Training matrix Training standards for employers. Your organisation facilitates an effective framework of support for CIMA students. You have secured the financial support available to CIMA students. You discuss the scope of this experience. Finance Identify and commit the financial resources required to underpin training plans for management accountants.5 days paid leave per subject per year. Your students receive a minimum of 1. mentoring. electronic study systems. Your Training Plan addresses the need for ‘soft’ skills and personal and professional development. demonstrating the level of support and assistance given to students. ✓ CIMA Training Quality Partner ✓ You have a written training policy specifically for CIMA students. key staff.g. There are five benchmark standards that relate to different activities within the training process: Plan | Finance | Support | Communicate | Review The standards are sub-divided into two levels of accreditation: CIMA Training Partner and Quality Partner. structure of the business. • Tuition fees. Your organisation can provide a range of financial experience. You encourage students to take responsibility for their own training within this supportive environment. • Cost of a revision course for home study students. Training Standards Statements CIMA Training Partner Plan Your organisation has general training policies and plans covering students training to be management accountants. Support Provide a structured and supportive environment in which CIMA students can take responsibility for their own training. If you are interested in achieving Quality Partner status contact the CIMA Training Co-ordinator on +44 (0)20 8849 2434 or email: cima. for CIMA students who takes responsibility for overseeing their progress. CIMA Quality Standards provide a tried and tested framework for the ongoing professional development of CIMA students. You encourage your CIMA members and students to continue their own personal and professional development post qualification. Your students follow a formal study programme. Your organisation makes a significant contribution to meet all essential costs on a first time basis: • Study manuals. The tick boxes should be completed to indicate that your organisation is able to offer specific requirements. and time off to attend the CIMA exams. Roles and responsibilities within the training plan have been identified and agreed by staff allocated to them. performance reviews and rewards. plus time off for the exam sittings. Topics might include an introduction to the organisation’s training policies and the details of the CIMA Training Plan. You offer CIMA students and line managers access to relevant CIMA information e. from which individual development plans are derived. internal and external courses. To become a CIMA Training Partner you need to be able to tick each box in the CIMA Training Partner section. ideally with a CIMA approved tuition provider. • Exam/exemption fees. with the students. Your CIMA Training Co-ordinator offers practical support. which will develop the skills and competencies required of a CMA. You have a CIMA Training Co-ordinator. Your CIMA Training Plan offers a broad spread of business experience. Where practical. a named contact. its markets and competitors. for example through study network schemes. to arrange a consultation with an experienced training advisor. . You offer a comprehensive induction programme.

Review Review and record progress against agreed objectives. Students know what they can expect in return.com/cimatraining. Establish effective communications between students. particularly when setting up your CIMA Training Plan. financial reward for passing exam papers and appropriate career opportunities. manager/Training Co-ordinator/mentors. managers and mentors. (as cross referenced against Practical Experience Guidelines). • Acquisition of practical experience.cimaglobal. including objectives and expectations regarding progress on the training plan. Progress reviews cover: • Exam performance. London SW1P 4NP. managers and your Training Co-ordinator know what the students must achieve in terms of knowledge and skills. • Career progression. for example.com/cimatraining . Students undertake to give feedback on and to their tuition provider.cimaglobal. The Practice Points are for information only. Students. • Personal and professional development. but you should find them a useful resource. The CIMA Training Plan itself is reviewed annually with feedback sought from students. You provide each student with structured planning and review. revise future plans as necessary. You can download these Practice Points from www.training@cimaglobal.com www. Records of CIMA exam results are maintained in order to monitor each individual’s progress and evaluate the success of both study methods and the training scheme. Objectives have been set and agreed for the different roles and placements within the training programme. The Chartered Institute of Management Accountants. The CIMA Training Standards are underpinned by a series of Practice Points which offer additional tips on implementation of the standards. Your organisation offers a variety of communication channels for keeping staff informed of relevant developments across a range of business areas. Tuition progress is monitored and reviewed with students using feedback reports from the tuition provider. UK T: +44 (0)20 8849 2434 F: +44 (0)20 8849 2456 E: cima.CIMA Training CIMA Training application form Training Standards Statements CIMA Training Partner Communicate Your students. managers and CIMA Training Co-ordinator are aware of expected outputs and achievements. 26 Chapter Street. and record their progress at least twice a year. for example training policies. You formally review and record each student’s progress at least once per year. competitor and market developments. click on My CIMA and log in with the password we will provide. • Recording of practical experience gained. ✓ CIMA Training Quality Partner ✓ Your training policy has been communicated to students and line managers. progress against business plans and budgets.

list for publicity etc): Parent company name (if applicable): Postal address: Town/City: Postcode/Zip: Country: Main switchboard number: Please state the nature of your business: Number of employees: Website address: CIMA will include your organisations website address on www.com.cimaglobal.g. please give all the details as above on a separate sheet. Yes No Country: No . how many are not on this scheme? Does this scheme cover students at more than one site? If so. We may also use your organisations name in future marketing of CIMA Training.training@cimaglobal. If you have any queries about this please email the CIMA Training Co-ordinator at: cima. ACMA): Position: Direct telephone number: Fax: Mobile number: Email address (address to send e-newsletter. please give details of these sites separately.com Name of senior financial person within organisation: Position: Scheme Co-ordinator personal details (regular contact regarding training arrangements) Title: First name: Surname/Family name: Honours (e. updates etc): Postal address (if different from address above): Town/City: Postcode/Zip: Are there other Scheme Co-ordinators/Managers CIMA should note? If so. Yes Student information How many students are on this scheme? Are there other CIMA students within the organisation? Yes No If so.CIMA Training CIMA Training application form Organisation details Organisation name (should be the same as name for certificate.

how many? Name of person completing the form: Signature: Date: Please tick if you do not want to receive information about other CIMA activities For CIMA use only Date of confirmation of registration: Level of Registration: Partner/Quality Partner: CIMA Training number: Authorised by: Area/country code: Key Account Manager: BDM responsible: .CIMA Training Other finance training Do you train students who study for any other accountancy/finance qualifications? Qualification Approximate number of students Accreditation scheme ACCA CIPFA Chartered Accountants AAT Other Do you have any other staff who may be eligible for the new CIMA Certificate in Business Accounting? If so.