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CIMA Official Website

Difficulty in taking the CIMA Operational CIMA P1 Accounting

The CIMA CIMA P1 Management Accounting is a tricky little paper pass but it's one of the more interesting papers as it builds your knowledge of Management Accounting and the various concepts involved - and, after all, this is why we are studying for the CIMA qualification!

Over half (60%) of the CIMA P1 Management Accounting is concerned with;

  • Short-Term Decision making
  • Cost accounting systems

CIMA P1 practice exams can be a great way to prepare for this exam. With our experts, we produced the draft blueprints that provides a clearer direction on the approach to be taken in examinations.

Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/

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CIMA P1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Risk and Uncertainty15%- Decision Making Under Uncertainty
  • 1. Decision Trees
  • 2. Sensitivity Analysis
  • 3. Expected Value Analysis
Topic 2: Budgeting and Budgetary Control25%- Budget Preparation
  • 1. Master Budgets
  • 2. Functional Budgets
  • 3. Cash Budgets
- Budgetary Control
  • 1. Variance Analysis
  • 2. Performance Evaluation
  • 3. Flexible Budgets
Topic 3: Short-Term Decision Making30%- Relevant Cost Analysis
  • 1. Product Mix Decisions
  • 2. Make or Buy Decisions
  • 3. Special Order Decisions
- Pricing Decisions
  • 1. Market-Based Pricing
  • 2. Cost-Based Pricing
Topic 4: Cost Accounting for Decision and Control30%- Costing Systems
  • 1. Standard Costing
  • 2. Absorption Costing
  • 3. Activity-Based Costing
  • 4. Marginal Costing
- Cost Classification and Behaviour
  • 1. Cost Estimation Techniques
  • 2. Fixed and Variable Costs
  • 3. Cost Drivers

922 Customer ReviewsCustomers Feedback (* Some similar or old comments have been hidden.)

Passed Sep 16, 2026 with 95% points.

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