But due to few numbers of CIMA members in India, many of these companies are not able to fulfil their requirements. Job Opportunities Both the qualification will offer better job opportunities in the Indian job market. Contact Us: info proschoolonline. Brochure - CFA L1. Brochure - Global Professional Accountant Gateway. Brochure - Data Science.
Brochure - Cyber Security. A CIMA qualification promise a prosperous career and along with your additional credentials for finance and business. There are numerous job openings available for completely qualified members or part-qualified students of CIMA.
You can secure the most preferred training positions with huge companies or get a position in manufacturing sector. You can find openings in retail, gas, electricity and pharmaceuticals. Chartered Accountancy CA is one of the most sought-after and toughest professional courses. While it is a rewarding career option, many candidates go for additional qualifications after completing the CA program in order to have an edge over others.
CIMA, a globally-renowned professional certification in finance, is a popular option to go for after doing CA. CIMA has branches in over countries. It is one of the most coveted professional qualifications in the world. This is a very common question, and sadly there is no easy answer to it. There is no doubt that both certifications help secure some of the most sought after jobs in the finance and accounting domain. ACCA emphasises advanced taxation principles and external auditing External Auditing External Audit is defined as the audit of the financial records of the company in which independent auditors perform the task of examining validity of financial records of the company carefully in order to find out if there is any misstatement in the records due to fraud, error or embezzlement and then reporting the same to the stakeholders of the company.
On the other hand, CIMA helps candidates to prepare for the business side of accounting with a flair of management expertise. After becoming a certified ACCA, a candidate gains a deeper understanding of the technical side of financial accounting. On the other hand, a CIMA passed out candidate develops excellent strategic and business management skills. Both courses require a similar amount of time for completion.
For ACCA, candidates need to clear 14 professional exams coupled with 3 years of supervised accountancy experience. If the candidates can manage their work and studies simultaneously, then they can complete the ACCA qualifications in around 3 years. On the other hand, CIMA candidates also need to complete 16 papers and 3 years of relevant work experience to complete the CIMA qualification successfully.
So, even in CIMA, candidates can complete the course in 3 years if they balance their work and studies well.
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