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CIMA CIMAPRO19-P01-1 Exam Overview:
| Certification Vendor: | Chartered Institute of Management Accountants (CIMA) |
| Exam Name: | Management Accounting |
| Exam Number: | P1 |
| Exam Format: | Objective Test (multiple choice), Multiple response questions, Number entry questions, Drag-and-drop questions |
| Exam Price: | Varies by region (official exam fees charged by CIMA/Pearson VUE) |
| Related Certifications: | CIMA E1 CIMA F1 Operational Case Study (OCS) CIMA Diploma in Management Accounting |
| Passing Score: | Scaled 100/150 (approximately 67%) |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 60 |
| Sample Questions: | CIMA CIMAPRO19-P01-1 Sample Questions |
| Exam Way: | Computer-based Objective Test at Pearson VUE test centres or on-demand online delivery (CIMA/Pearson VUE). |
| Pre Condition: | No formal prerequisite beyond CIMA student registration; exemption options may apply based on prior qualifications. |
| Official Syllabus URL: | https://www.aicpa-cima.com |
The CIMA CIMAPRO19-P01-1 exam is divided into three sections, each of which covers a different aspect of management accounting. The first section covers cost accounting and focuses on the principles of cost accounting, including the different types of costs, cost behavior, and cost-volume-profit analysis. The second section covers budgeting and performance management and examines how to prepare budgets, measure performance, and manage costs. The final section covers financial analysis and explores financial reporting, ratio analysis, and capital investment appraisal.
Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/
CIMA CIMAPRO19-P01-1 (Management Accounting) Certification Exam is a globally recognized certification exam that tests the knowledge and skills of individuals in the field of management accounting. CIMAPRO19-P01-1 exam is designed to validate the abilities of candidates in financial reporting, management accounting, and financial management. Management Accounting certification is ideal for individuals who are interested in establishing a career in management accounting, as well as those who are already working in this field and want to enhance their expertise and knowledge.
CIMA P1 exam is designed for individuals who are interested in pursuing a career in management accounting or financial management. CIMAPRO19-P01-1 exam is ideal for those who have completed their undergraduate degree in accounting, finance or business and are looking to gain a professional qualification that is recognized globally. The CIMA P1 exam is also suitable for professionals who are already working in finance or accounting and want to enhance their skills and knowledge.
CIMA CIMAPRO19-P01-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Short-Term Commercial Decision Making | 30% | - Limiting factor and contribution analysis - Relevant costing and decision criteria - Pricing and make-or-buy decisions |
| Topic 2: Dealing with Uncertainty in the Short Term | 15% | - Decision trees and sensitivity analysis - Expected value and risk analysis |
| Topic 3: Budgeting and Budgetary Control | 25% | - Budget preparation and control - Types of budgets (flexible, rolling, cash, etc.) - Budgetary control techniques |
| Topic 4: Cost Accounting for Decision and Control | 30% | - Cost behaviour and cost classification - Costing methods (absorption, marginal, ABC, etc.) - Cost information for planning and control |
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