CIMA CGMA Syllabus 2026

Operational Level

E1 - Managing Finance in a Digital World: finance function, technology, data and information, finance structure and finance interaction with the organisation.

P1 - Management Accounting: short-term decision making, cost accounting, budgeting and planning.

F1 - Financial Reporting: regulatory environment, financial statements, taxation and managing working capital.

Management Level

E2 - Managing Performance: business models, leading and managing people and project management.

P2 - Advanced Management Accounting: cost competitiveness, organisational performance, pricing and capital investment decisions, decision making and risk.

F2 - Advanced Financial Reporting: financial reporting standards, group accounts, integrated reporting and financial statement analysis.

Strategic Level

E3 - Strategic Management: strategic analysis, strategy formulation and implementation and enterprise-level decision making.

P3 - Risk Management: enterprise risk, strategic risk and management of risk in the organisation.

F3 - Financial Strategy: financing decisions, investment decisions, valuation, treasury and financial strategy.

2026 Upgrade

The upgraded 2026 syllabus strengthens finance business partnering, analytical thinking and strategic planning and introduces or expands areas including sustainability and generative AI. The updated Case Study content applies from the May 2026 sitting onwards.