CIMA-P1- Management Accounting
Course description:
P1 Management Accounting stresses the importance of costs and the drivers of costs in the production, analysis and use of information for decision making in organisations. The time focus of P1 is the short term. It covers budgeting as a means of short-term planning to execute the strategy of organisations. In addition it provides competencies on how to analyse information on costs, volumes and prices to take short-term decisions on products and services and to develop an understanding on the impact of risk to these decisions.
Learning outcomes:
On successful completion of this paper, candidates should be able to:
- Identify, evaluate and respond to risks that could impact on the implementation of strategy
- Develop the competencies required to analyse and apply the techniques, processes and internal control systems required to manage risk
- Identify and classify cost and their behavior
Certification:
The Certificate in Management Accounting is a stand-alone qualification and you will be awarded the designatory letters ‘CIMA Dip MA’ upon completion of E3, P3, and F3.
Course features:
- Lectures : 11
- Revision class: 1
- Mock Tests : 3
- Availability: on demand at any of the 5,000 Pearson VUE centres around the world
- Length: 90 minutes
- Duration: 4 Months
- Language : English
- Students: 10
- Assessments: Computer Based Exam
- Certificate on completion of P1: No
Course Features
- Lectures 12
- Quizzes 3
- Duration 4 Months
- Skill level All levels
- Language English
- Students 750
- Assessments Yes
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- Orientation Class
- Traditional Costing and Activity Based Costing
- Modern Manufacturing Environment
- Relevant Costs & Decision making
- Mock 1
- Linear Programming
- Variance analysis
- Advanced Variance
- Budgeting
- Forecasting Techniques
- Mock 2
- Risk & Uncertainty
- Cost Volume Profit analysis
- Final Mock
- Revision Class
