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CIMA P2 exam is a challenging exam that requires a deep understanding of management accounting concepts and techniques. CIMAPRO19-P02-1 exam is divided into three sections, each of which has its own set of objectives and learning outcomes. The first section of the exam focuses on cost accounting and management accounting techniques such as budgeting, variance analysis, and performance measurement. The second section of the exam covers advanced management accounting techniques such as activity-based costing, target costing, and lifecycle costing. The third section of the exam focuses on financial management techniques such as capital budgeting, financial ratios, and risk management.
Reference: https://planner.cimaglobal.com/proqual/2019/management/P2
CIMA CIMAPRO19-P02-1 Exam Overview:
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | P2 Advanced Management Accounting |
| Exam Number: | CIMAPRO19-P02-1 |
| Certificate Validity Period: | 7 years from registration to complete level; permanent once awarded subject to CPD |
| Available Languages: | English |
| Exam Price: | Approx £115 / $155 USD / €135 (varies by region) |
| Passing Score: | 70% |
| Exam Format: | Computer-based Objective Test, Multiple Response, Drag and Drop, Number Entry, Multiple Choice |
| Related Certifications: | Operational Level Diploma CGMA Designation Strategic Level Qualification |
| Real Exam Qty: | 60 |
| Exam Duration: | 90 minutes |
| Recommended Training: | Astranti CIMA Kaplan Learning CIMA Official Study Resources |
| Exam Registration: | Pearson VUE Scheduling CIMA Official Registration |
| Sample Questions: | CIMA CIMAPRO19-P02-1 Sample Questions |
| Exam Way: | On-demand computer-based test; available at Pearson VUE test centres or online remote proctoring |
| Pre Condition: | Completion of Operational Level (E1, P1, F1) or eligible exemptions; registered CIMA student |
| Official Syllabus URL: | https://www.cimaglobal.com/study-support/syllabus-and-exams/p2/ |
CIMA CIMAPRO19-P02-1 (Advanced Management Accounting) Certification Exam is designed for professionals who are looking to advance their career in management accounting. CIMAPRO19-P02-1 exam is recognized globally and is highly respected in the industry. Advanced Management Accounting certification is offered by the Chartered Institute of Management Accountants (CIMA), which is a leading professional body for management accountants.
To prepare for the CIMA P2 exam, candidates are advised to study the CIMA Official Study Text, which provides a comprehensive overview of the exam topics. Additionally, there are a number of online resources available to support candidates, including practice exams and study materials. Candidates should also have a good understanding of basic accounting principles, as well as a solid understanding of business finance and management.
Passing the CIMAPRO19-P02-1 exam is a significant achievement for professionals in the field of management accounting. It demonstrates their expertise and knowledge in advanced management accounting techniques and their ability to apply them in a practical setting. It also opens up new opportunities for career advancement and professional growth, as it is recognized by employers and other professional bodies worldwide.
CIMA CIMAPRO19-P02-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Managing Performance of Organisational Units | 30% | - Performance measurement and control
|
| Managing the Costs of Creating Value | 20% | - Cost management techniques
|
| Capital Investment Decision Making | 35% | - Investment appraisal methods
|
| Risk and Control | 15% | - Risk assessment and management
|
By Sally
