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Topics of CIMA Operational CIMA P1 Accounting

The following topics are a part of CIMA P1 Accounting module.

• Cost Accounting for decision and control
• Short term commercial decision making
• Risk and uncertainty in the short term
• Analyse performance using financial and nonfinancial information
• Distinguish Between The Different Rationales For Costing
• Prepare budget information and assess its use for planning and control purposes
• Prepare information to support short-term decision-making
• Prepare information to manage working capital
• Apply relevant financial reporting standards and corporate governance, ethical and tax principles
• Budgeting and budgetary control

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Introduction to CIMA Operational CIMA P1 Accounting

CIMA Operational is the first level of the CIMA Professional qualification. After completing this level you can progress onto the Management level, then complete the Strategic level to become a chartered management accountant. You will need to have completed CIMA Certificate, AAT Professional (Level 4), or have an accountancy or finance degree.

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