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Topics of CIMA Operational CIMA P1 Accounting

The following topics are a part of CIMA P1 Accounting module.

• Analyse performance using financial and nonfinancial information
• Cost Accounting for decision and control
• Apply relevant financial reporting standards and corporate governance, ethical and tax principles
• Short term commercial decision making
• Distinguish Between The Different Rationales For Costing
• Prepare information to support short-term decision-making
• Prepare budget information and assess its use for planning and control purposes
• Budgeting and budgetary control
• Prepare information to manage working capital
• Risk and uncertainty in the short term

Below is the CIMA Operational CIMA P1 Accounting

• Passing score: 70%
• Format: Multiple choices, multiple answers
• Length of Examination: 90 minutes
• Number of questions: 60
• Language: English

Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/

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Understanding function and technical aspects of Prepare information to support short-term decision-making

The following will be discussed in CIMA P1 exam dumps:

• Prepare information to support operational decisions
• Apply appropriate techniques that support short-term decision-making
• Apply appropriate techniques to deal with situations where there is risk and uncertainty
• Identify relevant costs and benefits
• Explain factors that could influence short-term decisions

What do you learn in P1?

• How budgets are prepared and implemented across the organisation, the impact these have, and how techniques are applied to ensure sound short term decision making, against a backdrop of risk and uncertainty, by using appropriate risk management tools.
• Why costing is done and what it is used for, including appropriate costing methods and techniques and where digital costing might be used.

CIMA CIMAPRO19-P01-1 Exam Syllabus Topics: