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Regulated profession

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United Kingdom

Chartered management accountant (United Kingdom)

  • Generic name of profession

    Accountant/ Tax advisor
  • Identification

    Name of regulated profession:
    Chartered management accountant
    United Kingdom
    All regions
  • Legal information

    Legal basis for regulation

    EU Law :
    National legislation:
    Royal Charter
    Useful link:


    Type of regulation :
    Protected title (without reserves of activities)


    Recognition under:
    DIRECTIVE 2005/36/EC
    Additional information :
    Recognition under Directive 2005/36/EC:
    General system of recognition - primary application
    Qualification level:
    PS3 - Diploma of post-secondary level (3-4 years) , Art. 11 d
    Prior check of qualifications for a temporary and/or occasional provision of services:
  • Activities

    Description of activities:
    Management accounting combines accounting, finance and management with the leading edge techniques needed to drive successful businesses. CIMA members advise on the financial implications of projects, explain the financial consequences of business decisions, formulate business strategy, monitor spending and financial control, conduct internal business audits, explain the impact of the competitive landscape, and bring a high level of professionalism and integrity to business. CIMA members work across the organisation, not just in finance. They analyse information for making business decisions, formulate business strategy to create wealth and shareholder value, identify and manage risk, apply accounting techniques to plan and budget, and determine what information management needs and explain this to non-financial managers. CIMA members are required to comply with the CIMA code of ethics and are at the heart of business as its conscience, adding judgement, independence and objectivity.
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Each country is responsible for updating information, on its regulated professions, competent authorities and statistics.
The Commission cannot be held responsible for the accuracy of the information. However, if errors are brought to its attention, the Commission undertakes to correct them, if deemed appropriate.