CIMA Professional Development resource guide - July 2013

CIMA Professional Development resource guide

CIMA Professional Development resource guide This document provides an overview of the resources available to CIMA members and non members in 2013 to help them in their professional and career development. Links to all the resources listed can be found online at www.cimaglobal.com/cpd

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

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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 using one of six approved formats.

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 www.cimaglobal.com/cpd where you can also view the CPD webcast which explains the CPD policy.

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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 www.cimaglobal.com/cpd or email cima.cpd@cimaglobal.com

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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. www.cimaglobal.com/insight • CIMA Members Handbook Essential reading for all members, also contains up-to-date guidance on corporate governance and sector specific issues. www.cimaglobal.com/members/members-handbook • CIMA’s online community Bringing together a diverse global community to discuss topical issues and share ideas relating to accounting, business and finance. http://community.cimaglobal.com • General webcasts An archive of webcasts on management accounting with key industry professionals. www.cimaglobal.com/webcasts • IFAC KnowledgeNet An innovative search engine which searches websites of IFAC bodies participating in the scheme. www.ifacnet.com • Local CIMA events The latest CIMA events for members and non-members providing an opportunity to learn and network at the same time. www.cimaglobal.com/events • Bitesize briefings Keep up-to-date on the latest topics with our two hour breakfast seminars, ideal for those who don’t have time to attend a day long course. www.cimaglobal.com/bitesize • Reports and research The latest CGMA and CIMA innovation tools, reports and videos. www.cimaglobal.com/thought-leadership/research-topics www.cgma.org www.cimaglobal.com/ethicsresources

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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. www.cimaglobal.com/businesssourcecorporate • CPD Planner A self-assessment, personal development tool, to help plan, analyse, assess and record CPD activities.

Includes an ideas generator. www.cimaglobal.com/cpdplanner • 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. www.cimaglobal.com/ebooks • FM magazine A monthly magazine for members. www.cimaglobal.com/fm • Harvard ManageMentor® A business skills e-learning resource with practical information and advice on 42 key management topics. www.cimaglobal.com/harvardmanagementor

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Chargeable resources for members and non-members • CIMA Mastercourses CIMA Mastercourses are our comprehensive range of CPD training courses. Choose from around 200 accounting, finance and business courses that will help you develop your skills and enhance your career.

Courses follow a practical approach and feature the latest ideas, techniques and methods. Discounts are available for CIMA members and students. Half price late availability discounts are also available for selected groups such as those working in the public sector.

CIMA corporate services are also available offering a flexible and cost-effective approach to meeting your organisation’s learning and development needs. Select from our tailored in-house training programmes, the CIMA Corporate Discount Scheme, CIMA on demand or combine all three. www.cimamastercourses.com • 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. www.cimaglobal.com/if • CIMA on demand An online professional development solution specifically designed for busy finance and business professionals who need CPD that’s convenient and will fit around their schedule. Choose from a range of online courses covering a variety of topics including management accounting, financial reporting and business skills. Courses start from £30. www.cimaondemand.com • In-house briefings A range of short sessions, delivered in-house and designed to be one or two hour events. www.cimamastercourses.com/iht • Local CIMA Events/CPD Technical Updates Events taking place at various locations on a variety of different topics. These offer an excellent opportunity to meet and network with other members. www.cimaglobal.com/events • Conferences Events focused on a particular topic/industry at various locations. www.cimaglobal.com/events • CPD Academies/Executive CPD Academy Two day workshops held throughout the year covering a variety of key topics. They are designed to help finance and business professionals maximise CPD learning in a convenient and cost effective format.

Discounts are available. www.cimaglobal.com/conferences • CIMA Publishing Range of products that support lifelong learning and professional development. Over 250 accountancy titles. www.cimapublishing.com

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Chargeable resources for CIMA members only Masters qualifications A suite of fast-track masters programmes chosen to complement the CIMA qualification www.cimaglobal.com/mastersplus • Cranfield University MSc in managing organisational performance • Lancaster University Management School Executive Masters in Business Administration (EMBA) • Manchester Metropolitan University MSc in strategic business management, delivered via a supported online distance learning platform.

• Robert Gordon University MSc in strategic accounting, delivered via a supported online distance learning platform.

• SKEMA Business School, France An accelerated MSc in auditing, management accounting, and information systems.

• 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.

CIMAplus A package of continuing professional development products designed to help meet your CPD requirements, saving you time and money. Includes CIMA’s highly acclaimed Excellence in Leadership magazine. www.cimaglobal.com/cimaplus

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Ethics help and advice The code of ethics describes the ethical standards that CIMA members and students need to uphold. Further information and resources can be found at www.cimaglobal.com/ethics. The following specific assistance is also available: CIMA ethics helpline: free to members and students T. 0800 358 7663 or +44 20 8849 2303 E. ethics@cimaglobal.com Free, confidential helpline for members and students facing an ethical dilemma in relation to CIMA’s code of ethics.

Please email at any time. Alternatively, telephone advice is available 10am - 4pm, Monday-Friday (GMT/BST) Please note that this service helps to guide you through the code and consider your course of action and is not a substitute for technical or legal advice.* Global guidance line T. (xx*) 800 3838 400 *insert your country’s international access code before the toll free 800 number.

If your country does not have a free-phone number, please call +44 (0)1249 661957.

How would you feel if you were uneasy about something happening at work compromising your professional standing? CIMA has joined forces with Expolink to provide an anonymous and confidential service for you to discuss a concern and consider next steps.

You can contact Expolink 24 hours a day, 7 days a week (except 25 December).

The service is there to support and prompt you in deciding next steps with regard to an ethical concern and guide you to other potential areas of support. The content of the call will not be recorded or reported and no action will be taken on the basis of the call. It is not a substitute for technical or legal advice*.

Expolink is a global company that specialises in confidential helplines.

Legal advice line - UK law only T. 0800 092 1980/+44 (0)1275 376031, Monday - Friday, 8am-8pm GMT/BST. W. www.cimaglobal.com/helplines Business and personal legal information available from LAW Express online. For business advice visit the LX business website. For personal advice visit the LX personal website.

The legal advice line offers low cost professional legal advice for all personal, commercial and employment issues. Call length is not restricted. Service extends to your partner and any dependent children under 21 years.

Please quote your CIMA ID when calling.

UK whistleblowing guidance The UK’s whistleblowing law is the public interest disclosure act. Should a member or student have whistleblowing concerns they can contact Law Express for free (details above), quoting CIMA whistleblow for specific advice about actions they should take and the law’s protection. *CIMA does not supply legal, investment, professional or career advice. Information and comments, if any, made by our staff and Expolink are given in good faith and for the purpose of general guidance only.

CIMA will take all reasonable care in dealing with individual queries but can only respond on the basis of the information provided to it. No responsibility or liability whatsoever is accepted for any error, omission or misstatement (whether or not arising out of negligence) or for any loss or damage sustained as a result of reliance on information supplied or comments made.

June 2013

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