CIMA Professional Development resource guide

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1 CIMA Professional Development resource guide

2 CIMA Professional Development resource guide This document provides an overview of the resources available to CIMA members and non members in 2012 to help them in their professional and career development. Links to all the resources listed can be found online at What is CIMA Professional Development?...3 What counts as CIMA Professional Development?...4 Free resources for members and non-members...5 Free resources only available to CIMA members...6 Chargeable resources for members and non-members...7 Chargeable resources for CIMA members only...8 Ethics help and advice...9 CIMA Professional Development resource guide 2

3 What is CIMA Professional Development? CIMA professional development, the continuing professional development scheme for CIMA members, gives you the freedom to choose how you are going to develop. CIMA doesn t prescribe numbers of hours or units, you do as much as you need to remain professionally competent and advance your career. The scheme is designed to provide you with a structured means to: develop the skills and knowledge you need for your ongoing role as a professional in business document your progress. It uses the CIMA professional development cycle to help you work through the scheme and to make sure that you get the most from your development activities. CIMA professional development cycle Define current and desired roles recognising expectations of employers among others. Assess development needs to establish knowledge or skill gaps. Design and Act choose and undertake development activities that meet your development needs. Reflect upon and document the outcome of each development activity. Evaluate progress against the objectives set at the beginning of the year. Any outstanding development can be carried over into the next cycle. As a CIMA member you need to record your development activity. You need to keep your development records for a rolling three year period. CIMA will audit a random sample of members each year. For more information on planning and recording your CPD visit where you can also view the CPD webcast which explains the CPD policy. CIMA Professional Development resource guide 3

4 What counts as CIMA Professional Development? CPD needs to be relevant to your role and to your individual learning and development needs. Any activity that helps you meet your development goals could count as CPD. Suitable activities include: work-based learning project work academic and professional qualifications internal and external training courses conferences and events local CIMA events reading technical reports and journals technical briefings online training/e-learning coaching and mentoring/being mentored delivering training and development research secondments observation and feedback discussion forums This list is not exhaustive. If you need further guidance please visit or CIMA Professional Development resource guide 4

5 Free resources for members and non-members The following are available free of charge to members and non-members via the CIMA website. CIMA Insight An online monthly magazine focusing on important issues facing the profession. CIMA Members Handbook Essential reading for all members, also contains up-to-date guidance on corporate governance and sector specific issues. CIMAsphere CIMA s online community Bringing together a diverse global community to discuss topical issues and share ideas relating to accounting, business and finance. General webcasts An archive of webcasts on management accounting with key industry professionals. IFAC KnowledgeNet An innovative search engine which searches websites of IFAC bodies participating in the scheme. Local CIMA events The latest CIMA events for members and non-members providing an opportunity to learn and network at the same time. Reports and research An extensive range of technical reports, discussion papers and research to download. CIMA Professional Development resource guide 5

6 Free resources only available to CIMA members The following are free of charge to members and accessed via the CIMA website. Members will need their CIMA Contact ID and password to log in. Business Source Corporate An e-library resource which provides access to over 3,000 full text business and academic journals. Includes country and industry reports and company profiles. CPD Planner A self-assessment, personal development tool, to help plan, analyse, assess and record CPD activities. Includes an ideas generator. E-Books on EBSCOhost A collection of 200 full-text books covering a wide range of subjects including self-development, leadership, IT, Excel, strategy, performance management and marketing. FM magazine A monthly magazine for members. Harvard ManageMentor A business skills e-learning resource with practical information and advice on 42 key management topics. CIMA Professional Development resource guide 6

7 Chargeable resources for members and non-members CIMA Mastercourses High quality training on over 100 subjects across a broad spectrum of topics, delivered by expert speakers, endorsed by all other institutes, over 20 years track record; special discounts in place for CIMA members/ students, NHS, charity employees, training partners. Available via public schedule or customised for in-house delivery. Corporate schemes available include tailored in-house training programmes and the Corporate Discount Scheme. CIMA Islamic Finance Qualifications The qualifications aim is to equip the participant with skills and knowledge on the fundamentals of Islamic finance. Islamic finance is a growing industry and one that is in need of professionals with specialist expertise in the area. CIMA on demand Online professional development to suit you. A new online resource with up to 30 courses to choose from. Product briefings Range of 20 minute presentations on different topics around a theme, delivered in-house and designed to be one to two hour events. Focus on events/local CIMA Events/CPD Technical Updates/Bitesize briefings Events taking place at various locations on a variety of different topics. Conferences Events focused on a particular topic/industry at various locations. CPD Academies/Executive CPD Academies (also available in-house) CPD across two days, covering a variety of different areas. CIMA Publishing Range of products that support lifelong learning and professional development. Over 250 accountancy titles. Excellence in leadership Quarterly reports and related conferences that focus on critical strategic and business issues. Written and produced by CIMA, they provide essential reading for top level business leaders and senior management accountants. CIMA Professional Development resource guide 7

8 Chargeable resources for CIMA members only Association of Corporate Treasurers (ACT) fast-track routes available to the full qualification or individual certificates including: Certificate in International Cash Management (CertICM) Diploma in Treasury (AMCT) CIMA Masters Plus A suite of fast-track masters programmes chosen to complement the CIMA qualification Cranfield University MSc in managing organisational performance Deakin University Fast-track global MBA programme available via distance learning option to all CIMA members regardless of location. SKEMA Business School, France An accelerated MSc in auditing, management accounting, and information systems. Lancaster University Management School Executive Masters in Business Administration (EMBA) University of Strathclyde Business School Master of Business Administration (MBA). York University Online e-masters courses in Health Sciences. Accelerated Masters degree programmes for CIMA members, especially relevant to those working in the public and health sectors. For more information on the Masters Plus qualifications, visit CIMAplus A package of continuing professional development products designed to help meet your CPD requirements, saving you time and money. Degree links CIMA s degree links site has been established to promote a range of fast-track masters degree opportunities available to CIMA members. Developed in collaboration with the UK Committee of Heads of Accounting, this online directory of participating universities lists the extent of the advanced standing credits from a masters degree which each university will give to a CIMA member. CIMA Professional Development resource guide 8

9 Ethics help and advice for CIMA members The code of ethics describes the ethical standards that CIMA members and students need to uphold. Further information can be found at The following specific assistance is also available: CIMA ethics helpline (CIMA members and students only) T or E. This free, confidential helpline offers guidance to CIMA members and students who are facing an ethical dilemma. The helpline can also provide clarification on aspects of the code of ethics and how it can be applied. The phone line is staffed by CIMA s professional standards department between 10am and 4pm, Monday-Friday (GMT/BST). If you need to contact the helpline outside of these times please use the address above. Whistleblowing advice line (UK CIMA members and students only) T E. W. A confidential service offering advice on raising a concern about unethical behaviour. If you are unsure whether or how to raise a concern, you can contact the independent charity, Public Concern at Work, at the details above. Their lawyers can give you free confidential advice on how to raise a concern about serious malpractice at work. For additional information on Public Concern at Work and how they might help you, please visit their website. Important: please quote CIMA when calling. Legal advice line (UK CIMA members only) T Provided by LAW Express, this helpline offers unlimited low cost professional telephone legal advice for all personal, commercial and employment issues. There is no restriction on length of calls, and the service extends to your spouse or partner and any dependent children under 21 years. For further information please see the member benefits section of MyCIMA. Important: please quote CIMA when calling. November 2011V1 RT066V1111 CIMA Professional Development resource guide 9

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