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New accelerated entry route for Chartered Public Finance Accountants (CPFAs)
The Chartered Institute of Management Accountants (CIMA) and the Chartered Institute of Public Finance and Accountancy (CIPFA) today announced the launch of their new CPFA to CGMA Top Up through the CIPFA Gateway.
This fast-track path allows qualified CIPFA members to enhance their qualification and gain full CIMA membership and the globally recognised Chartered Global Management Accountant (CGMA) designation. The new route is open to both UK and international CIPFA members.
CIPFA members can benefit from up to 14 exemptions with the new CIMA Gateway route. After passing the Gateway exam (also known as the Management Case Study exam) they can move on to the Strategic Case Study exam, bypassing the three strategic-level objective tests. In addition, they will have access to a wide range of student benefits and study support through CIMA’s online student community, CIMAconnect.
Andrew Harding, Chief Executive at CIMA, said: “CIMA is excited about the growing collaboration with CIPFA. This is an important step to strengthen our partnership with one of the most respected professional bodies in the public sector. Our CGMA designation is recognised across the world as the designation for management accountants. We are delighted to share our expertise and knowledge and to enable CIPFA members to gain our globally-recognised qualification.”
Rob Whiteman, Chief Executive at CIPFA, said: “This landmark offering provides CIPFA members a fantastic opportunity to build their management accounting skill set.
“With the reconfiguration of public services, our members are increasingly working across public and corporate environments and require multiple specialist skills that straddle sectors. The new route promises to support this by boosting capacity and thereby also maximising value for employers for staff seeking to extend their continuous professional development.”