Management Accounting – P1

OVERVIEW

This unit Management Accounting (P1) which is part of CIMA qualification in diploma in Management Accounting provides you an in-depth understanding of the management activities and principles associated with Accounting. Costing factors as well as risks and uncertainties engrained in accounting entities are covered with this course P1.

With Management being one of the key components in accounting arena you will learn all the skills necessary to not just pass the exam but also the skills and knowledge required for hands on industrial experience in the work place.

As this is the final unit to your pathway to CIMA qualification in diploma in Management Accounting you are one step away from the final qualification.

With our 100% support we can assure you that you will successfully complete this unit Management Accounting (P1) as well as the certification.

COURSE CURRICULUM
P1: Management Accounting
Chapter 1 – Accounting For Management
Chapter 2 – Cost Classification And Behaviour
Chapter 3 – Semi Variable Costs
Chapter 4 – Accounting For Overheads
Chapter 5 – Absorption Costing
Chapter 6 – Marginal Costing
Chapter 7 – Activity Based Costing
Chapter 8 – Limiting Factor Analysis And Throughput Accounting
Chapter 9 – Joint Product Costing
Chapter 10 – Other Costing Issues
Chapter 11 – Linear Programming
Chapter 12 – Standard Costing And Basic Variance Analysis
Chapter 13 – Advanced Variances
Chapter 14 – Budgeting
Chapter 15 – Forecasting Techniques
Chapter 16 – Risk And Uncertainty
Chapter 17 – Relevant Costing
Chapter 18 – Cost Volume Profit Analysis

Why choose Global Edulink for CIMA Operational Level?

• Excellent pass rate
• Dedicated panel of instructors
• High rate of passing for first-time students

Who is the CIMA Operational Level for?

• School leavers
• Students or members of other professional bodies
• Undergraduates and graduates
• Anyone with an interest in pursuing a career in management accountancy

Syllabus Structure

• Cost Accounting for decision and control
• Budgeting and budgetary control
• Short term commercial decision making
• Risk and uncertainty in the short term

Assessment

This is an objective test. The objective test must be passed in order for learners to complete the syllabus module. Additionally, learners who wish to progress to the CIMA Operational Level qualification should also successfully pass this test.

The objective test must be passed before the learner books the case study exam.

Exam Details

This is an entry level finance exam that will allow the learner to demonstrate if they have acquired the relevant skills, techniques and knowledge to be displayed in that role. The exam will comprise of a computer-based objective test and 1 case study exam.

Objective Test

• Format – Computer-Based
• Duration – 90 Minutes
• Results – Provisional results available followed by confirmation within 48 hours

(A score out of 150 is given, with 100 representing a Pass)

Operational level objective tests –  GBP110 (Tier 1 per exam)

Please Note : Official Exam is not provided, It should be purchased separately

Certification

Upon the successful completion of the unit Management Accounting – P1, learners can advance to the next unit of the Certificate in Business Accounting (CIMA Cert BA) Or If the learner has already completed other units, can apply to the final exam of Diploma in Management Accounting (CIMA Dip MA).