Cima Diploma In Performance Management – P1: Management Accounting

Category: Cima Diploma In Performance Management – P1: Management Accounting

Course Description

The syllabus is divided into two levels of achievement. Students will progress from the Operational Level to the Management Level. At each level students study subjects across the three pillars.

P1 Management Accounting: Operational Level
P1 stresses the importance of costs and the drivers of costs in the production, analysis and use of information for decision making in organisations. The time focus of P1 is the short term. It covers budgeting as a means of short-term planning to execute the strategy of organisations. In addition, it provides competencies on how to analyse information on costs, volumes and prices to take short-term decisions on products and services and to develop an understanding on the impact of risk to these decisions. P1 provides the foundation for cost management and the long-term decisions covered in P2.

Who Should Attend

CIMA Diploma in Performance Management (P1 + P2) has been designed for business professionals of all backgrounds to learn how Management Accounting can help support crucial decision-making in all business functions. Even without a financial background, you will definitely benefit greatly from learning how to plan, manage and control cost to execute short-term decision-making efficiently in specific business context.

This sets the foundation to facilitate long-term risk management through the implementation of a desired performance strategy to give your organisation an edge it needs. You are only two exams away to take your organisation’s performance to the next level.


Benefit of Attending

  1. Support vital decision-making through cost analysis
  2. Prepare budgets as part of corporate performance strategy
  3. Analyse plan and manage cost to support strategy implementation
  4. Manage and control various business functions in an organisation
  5. Understand the risks affecting business strategy and operation