Topics of CIMA Operational CIMA P1 Accounting
The following topics are a part of CIMA P1 Accounting module.
- Budgeting and budgetary control
- Prepare information to support short-term decision-making
- Short term commercial decision making
- Apply relevant financial reporting standards and corporate governance, ethical and tax principles
- Cost Accounting for decision and control
- Risk and uncertainty in the short term
- Prepare budget information and assess its use for planning and control purposes
- Prepare information to manage working capital
- Analyse performance using financial and nonfinancial information
- Distinguish Between The Different Rationales For Costing
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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:
- Apply appropriate techniques that support short-term decision-making
- Identify relevant costs and benefits
- Apply appropriate techniques to deal with situations where there is risk and uncertainty
- Prepare information to support operational decisions
- Explain factors that could influence short-term decisions
Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/
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CIMA P1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Short-Term Decision Making | 30% | - Pricing Decisions
|
| Topic 2: Budgeting and Budgetary Control | 25% | - Budget Preparation
|
| Topic 3: Risk and Uncertainty | 15% | - Decision Making Under Uncertainty
|
| Topic 4: Cost Accounting for Decision and Control | 30% | - Costing Systems
|




