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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.

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Financial Reporting

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.

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