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Are You Interested in Preparing for CIMA BA1 Certification
Best guide For CIMA BA1 Certification
A brief overview of CIMA BA1 Certification
CIMA BA1 is a professional exam for CIMA qualified professionals with an active membership in the Association of Chartered Certified Accountants. The exam is designed to provide candidates with accredited and practicing professional accountancy competence. CIMA BA1 Exam Certification is part of CIMA’s professional qualifications portfolio, which aims to create a benchmark for UK accounting industry leaders across the globe. If you are keen on a career in Professional Practice or Management Accounting, this article will introduce you to the three-day examination process and help prepare you for examination success which are all included in CIMA BA1 Dumps.
What is CIMA BA1 Certification Exam
CIMA BA1 Certification Exam is a professional exam designed to provide international candidates with accredited and practicing professional accountancy (CPA) competence. The CIMA BA1 certification provides one of many qualifying standards for the Chartered Certified Accountant (CCA) designation, which has been accredited as a translation quality assurance standard for 32 years by university partners and is recognized throughout the UK, Europe, and beyond.
Who is CIMA?
CIMA is the UK-based Chartered Association of Certified Accountants with a membership of over 40,000 worldwide. Founded in 1928, CIMA is the world’s first professional accountancy body to offer a nationwide professional qualification. The association comprises all the members of the Institute of Chartered Accountants in England and Wales, as well as CAA Scotland which operates under their own statutes and the Institution of Professional Accountants (IPA) Ireland.
CIMA certification demonstrates you are able to perform fully competent and structured work within an agreed set of standards within one or two specializations. CIMA BA1 certification also demonstrates that you possess the necessary professional competencies and knowledge to receive advanced accounting qualifications such as the Chartered Certified Accountant (CCA) designation which are also covered in our CIMA BA1 Dumps. There are two broad reasons for taking Examination: First, as a candidate, you have the opportunity to demonstrate your ability and commitment by sitting exam and receiving the status of a certified professional. Second, employers will be able to evaluate your CV on CIMA qualifications.This will allow them to better understand your suitability with their organization.
Introduction of CIMA BA1 Certification Exam
CIMA BA1 certification provides you with a stepping stone for your professional accountancy career. With that, CIMA aims to elevate the profession by creating a benchmark for UK accounting industry leaders globally in the 21st century. The exam consists of three main sections: Professional Competence, Financial Reporting and Legal and Regulatory competencies which are all included in CIMA BA1 Dumps. Candidates must attempt each section successfully to complete the examination successfully. With years of experience, our instructors are more than qualified to prepare you for examination success.
This section is a knowledge-based test which demands candidates to possess sufficient understanding of key accounting topics such as accounts, financial reporting, tax, statutory accounting principles and professionalism. Candidates must attempt the exam based on their prior knowledge. CIMA BA1 Certification Exam requires you to know: Candidates must also demonstrate their professional competence by answering four out of 14 questions correctly in this section. Depending on your prior accounting knowledge, you may cover the following syllabus for this section:
Candidates are required to demonstrate their financial reporting skills through examples and questions. This section will assess your ability to produce and understand financial statements, including working with non-routine information. This section can be split into two parts: one is the Financial Statements Section, Requirements for Conversion and Trading Entity, and the other is the Financial Reporting Section, Balance Sheet Standard, Income Statement Standard, Statement of Cash Flows Standard. Candidates will be required to answer nine out of 20 questions correctly in this section.
Legal and Regulatory
Candidates are required to demonstrate their knowledge in this section. Candidates are required to answer nine out of 20 questions correctly in this section. CIMA BA1 Dumps cover all questions of CIMA BA1. This section is a practical test which requires you to do both research and interpretation on specific topics. You will be required to research three different topics, and you will also have to explain your findings in relation to those topics. Candidates are required to demonstrate their professional competency by answering 12 out of 20 questions correctly in this section.
How to pass CIMA BA1 Certification Exam?
CIMA BA1 Certification Exam only requires you to answer two-thirds of the questions correctly in each section. You cannot receive a special score or percentage for each section, and your final score will be the combined total of all three sections. You are expected to answer 140 out of 230 questions correctly in total. Candidates are able to resit for CIMA BA1 exam within two years with their membership number, if they wish to do so. If you are not satisfied with your examination result, you should contact CIMA immediately and ask for feedback on how to improve yourself further.
Certification Topics of CIMA BA1 Certification Exam
Our CIMA BA1 dumps covers the following objectives of CIMA BA1 Exam. The CIMA BA1 certification exam covers three main topics with different percentages:
- Professional Competence, 45%
- Financial Reporting, 20%
- Legal and Regulatory, 25%
Certification Path of CIMA BA1 Certification Exam
Through the CIMA Certification Path, you can acquire the chartered qualification: CIMA CPA/CMA. The BA1 certification exam is considered as a first step towards your Chartered status. The path after this first step can be short or longer depending on the chosen qualification:
- BA1 (certification route) to CIMA (Chartered qualification)
- Chartered Qualification in Accountancy to Fellow of Institute of Chartered Accountants in England and Wales (FCAEW), or
- Chartered Qualification in Management to Fellow of Institute of Management Accountants, or
- CAI Fellowship Programme, which is essentially an equivalent route for those who already hold a Bachelor’s degree.
It took less than 6 months for me to pass the CIMA BA1 Certification Exam. The CIMA exam is not too difficult and you do not need to memorize much information from books or online. The test is quite straight-forward and the hardest part might be the research.
Prerequisites of CIMA BA1 Certification Exam
If you already possess a degree in accounting, and you are working in the profession, then it is possible to sit the CIMA BA1 Certification Exam. You must have a minimum of two years of full-time experience as a qualified accountant before sitting the exam. Those who do not manage to obtain this experience before sitting the exam, they will still be able to sit for the exam after this period has passed. All applicants must have passed the first level of CIMA exams before sitting for this exam. This is a crucial pre-requisite as candidates cannot sit for this exam after they have already passed their first-level CIMA exams.
Enlist the Registration procedure of the CIMA BA1 Certification Exam
There are four steps needed for you to register for your CIMA BA1 Certification Exam:
Complete an online application form
Complete the entry requirements form before you pay and schedule your exam. You will be asked to provide photos of photo IDs, your proof of address, and your proof of professional practice. You can also attach a passport size photo to the email if possible.
Pay and schedule your exam through CIMA website
If you want to sit for the same exam again within the same year, you need to register for your exam through the latest registration.
What is the exam cost of the CIMA BA1 Certification Exam
The exam fees are 128 USD for CIMA members and 146 USD for non-members.
What is the duration, language, and format of CIMA BA1 Certification Exam
- Format: computer-based
- Length of Examination: 130 minutes
- Number of Questions: 20
- Passing score: 66.7% or a 45% overall mark
- Language: English
Advantages of obtaining CIMA BA1 Certification
Those who pass the CIMA BA1 exam with the help of CIMA BA1 Dumps gain several benefits
- It is an ideal qualification for those who are just starting their careers or for those who are looking to start. It is also a good choice for those who have not been able to find a suitable job in accounting but would like to gain more experience in the field of finance.
- You can be employed by many firms that require expertise in financial management, which can prove to be a good advantage for you and your employer.
- This qualification can give you the opportunity to start as an assistant accountant or as a financial analyst. Your salary will be higher than just a regular administrative assistant due to your degree upon hire. This might motivate you further into progressing within this field and gaining further qualifications and experience in finance.
- This qualification can provide you with a solid foundation for pursuing a full chartered qualification from CIMA, which may be what you are looking for if your career goal is to become an accountant.
- You will be able to prove your competence as an accountant when applying for jobs and employers will know that you have passed at least two CIMA examinations.
- This certification exam is accepted in many countries worldwide.
There you can Know the Difficulty in writing the CIMA BA1 Exam
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