CIMA P2 - Advanced Management Accounting
- Product Code: p2
- Exam Questions: 217
- Vendor: cima
$9.99
$12.99- Updated At: Nov 14, 2024
CIMA P2 - Advanced Management Accounting
CIMA P2 is the second exam in the P3-P6 Professional Certificate in Management Accounting pathway and is designed to test your strategic management decision-making skills.
Focus
The CIMA P2 - Advanced Management Accounting certification focuses on Strategic management accounting
Exam Duration
The CIMA P2 - Advanced Management Accounting exam duration is 3 hours
Num of Question
The exam contains a total of 100 questions
Exam Fee
The exam fee is Approximately £185 (including VAT).
Exam Validity
The CCRN-Pediatric certification is valid for The CIMA certifications are valid for life, but it is recommended to complete an update course every 5 years..
Prior Certification
- Students who pass P1 and then pass P2 can then sit P3.
Exam Format
The CIMA P2 - Advanced Management Accounting exam is a Multiple-choice questions, constructed responses and case study
Passing Conditions
To pass CIMA P2 - Advanced Management Accounting exam, applicants must achieve a minimum score of 50% pass mark
Who Should Take
Management accounting professionals who want to demonstrate their advanced strategic management accounting skills. This certification is suitable for people who want to move into a senior management role or who want to progress their career in the accounting profession.
- Financial analyst
- Management accountant
- Financial manager
Prerequisites
5 years of management accounting experience are recommended
Or can substitute with certifications:
- Any P3-P6 substitute qualification can be used in place of the P3-P6 exams
Certification Process
- Register on the CIMA website and book your exam
- Study for the exam using the study materials provided by CIMA
- Schedule your exam time and date
- Take and pass the exam
- Maintain your skills by completing an update course every 5 years
Domains with Weights
- Strategic Financial Management (25% (75 marks)): This domain assesses your ability to apply financial management, including the evaluation of investment opportunities, funding and dividend decisions.
- Advanced Strategic Management (30% (90 marks)): This domain assesses your ability to apply strategic management, including strategy formulation, implementation and evaluation.
- Risk and Performance Management (30% (90 marks)): This domain assesses your ability to apply risk and performance management, including assessing and managing risk, and monitoring performance.
- Budgeting and Planning (15% (45 marks)): This domain assesses your ability to apply budgeting and planning, including budgeting for resources, capital expenditure and the review of budgets and business plans.
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