SAICA
 

CIMA recognition

Last Updated Monday, February 19, 2018 11:34:20 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. 
  2. Will be exempt from the APC.
  3. Must complete the following under a SAICA training contract: 

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 the documents listed below 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 lebo.rakgekola@aicpa-cima.com 
  1. Allow 2 weeks to receive a response.
  • 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.
  • Your exemptions will be awarded within 7-14 working days. The fees include your registration fees, tuition, book, mock exam(s) and exam fees.

*To commence with an application for exemptions as a SAICA member, we require the following documents:

  • CV 
  • Copy of CA(SA) certificate
  • Copy of ID document
  • Letter of proof that you are a paid-up SAICA member and
  • Completed C1 forms

Once we have all of these documents, your experience will be verified and exemptions will be awarded. 

*Experience and exemptions

TRACK 2

10+years’ experience (inclusive of articles), should get you 15 exemptions of the 16 exams in the CGMA designation:
You will sit only for the Strategic Case Study exam.  

TRACK 1

3-9 years’ experience (inclusive of articles), should get you 14 exemptions of the 16 exams in the CGMA designation:
You will sit for E3 and Strategic Case Study exam.
This is of course only to be awarded once all of the above mentioned documents have been received.

CLASSES and COST

See attached  the cost and class structure for the class of 2018
The timetable attached is to serve as a guideline of the class structure, but dates are applicable to the 1st intake group.
The official tuition provider is IBTC. There are direct classes on offer from Sandton branch.
Students outside the Johannesburg area, can access the online classes.

1st  INTAKE -  JANUARY 2018 (applications closed)
2ND INTAKE - AUGUST 2018 (applications from May 2018)