CIMA - P1: Management Accounting and CIMA - P2: Advanced Management Accounting - Informa Connect Middle East
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CIMA - P1: Management Accounting and CIMA - P2: Advanced Management Accounting - Informa Connect Middle East
Home > Training > Finance > CIMA - P1: Management Accounting and CIMA - P2: Advanced Management Accounting
CIMA - P1: Management Accounting and CIMA - P2: Advanced Management Accounting Training Course | Finance Training Course

CIMA - P1: Management Accounting and CIMA - P2: Advanced Management Accounting

06 September - 10 September 2020
Kempinski Hotel, Mall of the Emirates, Dubai, UAE

Level: Intermediate

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Course Director

Steve Willis | Course Director

Steve Willis

ACCA Chartered Accountant

Course Schedule
  • 06 Sep 2020 Dubai

Overview

The Levels
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.

P2 Advanced Management Accounting: Management Level
Focusing primarily on the long term, P2 builds on the insights about costs and their drivers (from P1) to provide the competencies needed to analyse, plan and manage costs to support the implementation of the organisation’s strategy. It shows how to manage and control the performance of various units of the organisation in line with both short-term budgets and long-term strategy. Finally, P2 covers investment decision making and the risks associated with such decisions. It provides the basis for developing deeper understanding of various types of risk affecting the strategy and operations of organisations (covered in P3).

View Webinar Recording:
Your Pathway To Earning Your CIMA Certifications P1 & 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.

Benefits 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

BC8302
CIMA - P1: Management Accounting and CIMA - P2: Advanced Management Accounting