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CIMA recognition

Last Updated Friday, July 14, 2017 7:40:30 AM

The following decisions have been taken regarding Chartered Institute of Management Accountants (CIMA) recognition:

1. Conversion from ACMA or FCMA to CA(SA)

Please note that this conversion route is ONLY available to individuals who hold the ACMA or FCMA designations, AND who have at least 24 months’ relevant work experience after obtaining these designations.

Persons holding the ACMA or FCMA designation wishing to obtain the CA(SA) designation:

  1. Must write and pass the ITC (i.e. will be exempt from the requirement to complete a CTA in order to gain access to the ITC). Candidates who enter for the exam without a CTA will be permitted two attempts at the ITC over two calendar years, after which they will be required to complete the CTA. https://www.saica.co.za/LinkClick.aspx?link=2904&tabid=472&language=en-ZA
  2. Will be exempt from the APC.
  3. Must complete the following under a SAICA training contract: https://www.saica.co.za/LinkClick.aspx?link=1657&tabid=36&language=en-US

Post ACMA/FCMA qualification experience

Amount of SAICA training required

a) 3 to 5 years

24 months

b) 6 to 10 years

Maximum 24 months, but may be less, based on the specific experience of applicant

c) More than 10 years

Generally none, but some time served under a SAICA training contract may be required, based on specific experience of applicant

  1. Applications in respect of b) and c) above must be submitted to Adri Kleinhans at adrik@saica.co.za and must contain the following information:
    • Evidence of membership in good standing with CIMA;
    • Curriculum vitae;
    • Portfolio of work;
    • Evidence from employers and associates of work performed and responsibilities fulfilled;
    • Self-evaluation of competence against the prescribed competencies for the SAICA training programme and
    • Any other relevant evidence.

If you have any further questions regarding the CA(SA) qualification and these exemptions, please contact Adri Kleinhans at adrik@saica.co.za.

2. Conversion from CA(SA) to CIMA

How to activate your route to ACMA Designation?

  1. Submit a detailed CV, your SAICA membership certificate and the route via which you want to apply to CIMA (10 year experience route or 3-9 years’ experience route). If you are a current or former student of CIMA, you must include your contact ID: (this ID is particularly important when there may be a case of a failed paper and where the principle in place is that students cannot be exempted from papers they have previously failed. Submit your documents to sara.bux@aicpa-cima.com
  2. Allow 2-4 weeks to receive a response.
  3. If all is approved, you will need to register/re-register with CIMA if you have not already done so.
    • If you are new to CIMA, you can register online (further instructions will be provided in your confirmation email). The current registration fee is GBP77
    • If you are former student of CIMA, lapsed or resigned, you will need to reactivate your account by paying the re-registration fee, this year’s subscription fee, and any fees that were outstanding when you lapsed
    • If you are already an active student of CIMA, you can skip this step
  4. Your exemptions will be awarded within 7-14 working days of your account being activated, and the remaining package fee will be charged to your MyCIMA account (less fees for registration, tuition and books).
  5. For Options 1B and 2B only: payment for tuition and books must be made separately to CIMA South Africa in ZAR

Option 1A: This route (10 years’ experience) includes:

  • your CIMA registration fee,
  • membership application fee (TOC to ACMA),
  • the examination fee for this special route, and
  • All 15 exemptions from CIMA exams
  • Once off SAICA route application fee

Option 1B: This route (10 years’ experience) includes:

  • your CIMA registration fee,
  • membership application fee (TOC to ACMA),
  • Tuition and books,
  • the examination fee for this special route, and
  • All 15 exemptions from CIMA exams
  • Once off SAICA route application fee

Option: 2A: This route (3-9 years’ experience) includes

  • your CIMA registration fee,
  • the examination fee for this special route (E3 and Strategic Case Study), and
  • All 14 exemptions from CIMA exams
  • Once off SAICA route application fee

Option: 2B: This route (3-9 years’ experience) includes:

  • your CIMA registration fee,
  • the examination fees for this special route (E3 and Strategic Case Study) and;
  • All 14 exemptions from CIMA exams
  • Once off SAICA route application
 
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