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The following topics are a part of CIMA P1 Accounting module.
Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Short-Term Commercial Decision Making | 30% | - Relevant costing and decision criteria - Pricing and make-or-buy decisions - Limiting factor and contribution analysis |
| Topic 2: Dealing with Uncertainty in the Short Term | 15% | - Decision trees and sensitivity analysis - Expected value and risk analysis |
| Topic 3: Cost Accounting for Decision and Control | 30% | - Costing methods (absorption, marginal, ABC, etc.) - Cost information for planning and control - Cost behaviour and cost classification |
| Topic 4: Budgeting and Budgetary Control | 25% | - Budget preparation and control - Types of budgets (flexible, rolling, cash, etc.) - Budgetary control techniques |
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Management Accounting
Management Accounting
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