CIMA P1 - Management Accounting
- Product Code: cimapro19-p01-1
- Exam Questions: 294
- Vendor: cima
$9.99
$12.99- Updated At: Nov 14, 2024
CIMA P1 - Management Accounting
This exam focuses on the principles of management accounting, covering areas such as planning, budgeting, cost management, and performance measurement.
Focus
The CIMA P1 - Management Accounting certification focuses on Management Accounting
Exam Duration
The CIMA P1 - Management Accounting exam duration is 2 hours and 15 minutes
Num of Question
The exam contains a total of
Exam Fee
The exam fee is N/A.
Exam Validity
The CCRN-Pediatric certification is valid for Valid for 3 years.
Prior Certification
- CIMA Certificate in Business Accounting or equivalent
Exam Format
The CIMA P1 - Management Accounting exam is a Computer-Based
Passing Conditions
To pass CIMA P1 - Management Accounting exam, applicants must achieve a minimum score of Pass marks are 50% or more
Who Should Take
The CIMA P1 exam is designed for students and professionals who are interested in or are working in management accounting, such as financial analysts, accountants, and business managers.
- Financial Analyst
- Accountant
- Business Manager
- Management Accountant
Prerequisites
N/A
Or can substitute with certifications:
- CIMA Certificate in Business Accounting or equivalent
- ACCA Diploma in Accounting and Business (F1-F3) or equivalent
Certification Process
- Register for the exam through the CIMA website
- Meet the prerequisites and register for the course
- Study and prepare for the exam
- Spend 2 hours and 15 minutes attempting the exam
- Achieve a pass mark of 50% or more
- Maintain your certification by staying up to date with continuing professional development (CPD)
Domains with Weights
- Planning, Budgeting and Forecasting (30%): Covering topics such as business planning, budgeting, forecasting and variance analysis.
- Cost Management (25%): Focusing on topics such as cost classification, cost estimation, absorption and marginal costing, and cost-volume-profit analysis.
- Performance Measurement (20%): Covering topics such as performance indicators, balanced scorecard, and decision-making frameworks.
- Accounting for External Reporting (25%): Focusing on topics such as external reporting requirements, financial analysis, and investment appraisal.
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