ICMAP Operational Level case studies
ICMAP Operational Level · Put your knowledge to work in context.
The ICMAP Operational Level is the entry tier of the ICMA International qualification structure, sitting below the Managerial and Strategic levels in the Study Scheme-2025. It is aimed at candidates beginning a management accounting career - typically students entering the profession or graduates seeking a structured route toward the Chartered Management Accountant designation - and provides the technical base on which the later levels build. The ICMAP Operational Level case studies are 5 cases and about 2,310 words.
1The Vanishing Margin at Rahim Textiles
Rahim Textiles produces a single fabric grade. Last month it sold 12,000 metres at Tk 250 per metre.
448 words, about 2 min2The Suspense Account That Wouldn't Balance
A junior accountant at a trading firm prepared a trial balance that failed to agree by Tk 18,400 (debit side short). In a hurry, she posted the difference to a suspense account and issued draft financial statements showing a profit of Tk 210,000.
515 words, about 3 min3Choosing Between Two Costing Systems
A job-order manufacturer, Precision Engineering, produces bespoke machine parts. It currently absorbs overhead on a single plant-wide rate based on direct labour hours: budgeted overhead Tk 4,800,000 over 96,000 labour hours = Tk 50 per hour.
458 words, about 2 min4GDP, Inflation and a Small Exporter
A small garment exporter earns 80% of revenue in US dollars and pays most costs in taka. Over the past year the central bank reports: GDP growth slowed from 6.5% to 4.8%, CPI inflation rose from 6% to 9.5%, and the taka depreciated from Tk 105 to Tk 118 per USD.
419 words, about 2 min5The Loan Covenant and the Inventory Number
A lender's covenant requires a distributor to keep its current ratio at or above 1.50 and debt-to-equity at or below 1.20. Draft figures show current assets Tk 4,200,000 (including inventory Tk 1,900,000 and receivables Tk 1,300,000), current liabilities Tk 2,900,000, total liabilities Tk 5,400,000 and equity Tk 4,600,000.
470 words, about 2 min