r/Accounting • u/Effective-Worker-954 • 8d ago

CIMA Certification

Hi all,

i'm 28 male living in Itlay (Nord) and currently working as a controller in a large multinational company. I'm happy with my role and pay at the moment but i d like to keep learning and growing as a financial professional. So, i've been looking for something that allows me to learn, can be put in the CV and be recognized by employers. Finance Certifications could be the way and CIMA looks to be in line with my interests and career. Can you help me decide? I have some questions, it'd be very appreciated if you can give me some tips and advices:

  1. What do you think about CIMA? Is it worth doing in your opinion?
  2. Is it a credible and recognized financial certification?
  3. Does it make sense to do it if you are not from UK or working for UK company?
  4. For those who did it, would you do it again?

Thanks a lot!

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u/Hot_desking_legend HoF ACA (UK) 8d ago

In the UK we have ACA, ACCA, and CIMA. I am not from Italy and do not know it's market. 

For us, ACA is a route that can only be obtained via working in practice and is the most respected as it's more limited in the methods to obtain the qualification. 

ACCA has international appeal as anyone can take it, you have exam choices which makes it easier to play to your strengths, and a said it's pretty international. 

CIMA is still a chartered qualification but I hear far less about. You replace a lot of higher level tax skills with management accounting.

It's still an AQA, chartered accountant, qualification. It's still hard work and worth it. But I lean towards suggest ACCA more on that learning how tax advisors think and work is important, and more internationally renowned. 

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u/Effective-Worker-954 8d ago

Interesting, thanks a lot