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CIMAPRO19-P02-1 (Advanced Management Accounting) Certification Exam is a challenging and highly respected certification for professionals in the accounting industry. Passing the exam demonstrates a candidate’s expertise in management accounting and their ability to handle complex accounting tasks. Advanced Management Accounting certification is recognized globally and can lead to career advancement opportunities in the accounting industry.

Reference: https://planner.cimaglobal.com/proqual/2019/management/P2

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CIMA P2 exam is a computer-based test that consists of multiple-choice questions and case studies. CIMAPRO19-P02-1 exam is three hours long and is divided into two sections. The first section consists of 60 multiple-choice questions that cover a range of topics related to management accounting. The second section consists of two case studies, each of which is followed by several questions that require candidates to analyze and interpret financial data and make recommendations based on their analysis.

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CIMA CIMAPRO19-P02-1 exam is a critical step for individuals pursuing a career in management accounting. It is a challenging exam that requires candidates to have a deep understanding of advanced concepts and techniques in cost management, performance management, and risk management. However, with proper preparation and study, candidates can successfully pass CIMAPRO19-P02-1 exam and move towards becoming a certified management accountant.

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CIMA CIMAPRO19-P02-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Managing and controlling the performance of organisational units30%- Performance management and control
  • 1. Explain behavioural and transfer pricing issues
  • 2. Discuss approaches to performance and control
  • 3. Analyse performance of responsibility centres
Topic 2: Risk and control15%- Risk analysis and control systems
  • 1. Analyse types of risk in the medium term
  • 2. Analyse risk and uncertainty in medium-term decision-making
Topic 3: Managing the costs of creating value20%- Cost management and value creation
  • 1. Apply value management techniques
  • 2. Apply cost management and cost transformation methodology
  • 3. Compare and contrast quality management methodologies
Topic 4: Capital investment decision-making35%- Investment appraisal and decisions
  • 1. Discuss pricing strategies
  • 2. Apply investment appraisal techniques
  • 3. Explain steps and issues in decision-making
  • 4. Analyse data required for decision-making

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