This is from the "Accounting Makes Cents" podcast episode #78 released on Monday, 18 November 2024. I can’t believe it’s been years since I started my journey. I officially became a CIMA associate 10 years ago, and it’s been so rewarding ever since. Not without its downsides or challenges, but for the most part, CIMA … Continue reading Lessons Learnt: My CIMA Journey (Thanksgiving edition)
Category: #QuestionsStudentsAsk
Studying CIMA When the Odds Are Stacked
This is from the "Accounting Makes Cents" podcast episode #73 released on Monday, 9 September 2024. If you're navigating a period of unemployment and wondering whether to pursue CIMA, this episode is for you. In today’s episode, we’re going to dive into the realities of professional qualifications, career growth, and financial success. We discuss the … Continue reading Studying CIMA When the Odds Are Stacked
Cutting Your Losses: The Sunk Cost Fallacy
This is from the "Accounting Makes Cents" podcast episode #72 released on Monday, 26 August 2024. Today’s episode is not necessarily CIMA-centric, but it is a term we should be familiar with if you’ve ever studied the relevant costing, which is a concept used in decision-making, focusing only on the costs and revenues that will … Continue reading Cutting Your Losses: The Sunk Cost Fallacy
Responsibility Accounting Unplugged
This is from the "Accounting Makes Cents" podcast episode #71 released on Monday, 12 August 2024. In this episode, we explore responsibility accounting. I know this topic is a little bit dry, so we’ll spice it up a bit by using an analogy, think about how you’d manage to put together a music festival. And … Continue reading Responsibility Accounting Unplugged
The Role of Internal Audit – Why We Dread It but Need It
This is from the "Accounting Makes Cents" podcast episode #70 released on Monday, 29 July 2024. In this episode, we explore why internal audits are crucial for any company's success, how they help in managing risks, ensuring compliance, and improving overall efficiency. We also delve into the COSO framework, which provides a structured approach to … Continue reading The Role of Internal Audit – Why We Dread It but Need It