CIMA Management Accounting : P1

  • Exam Code: P1
  • Exam Name: Management Accounting
  • Updated: Aug 14, 2026
  • Q&As: 258 Questions and Answers

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Total Price: $59.98

CIMA P1 Value Pack (Frequently Bought Together)

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Value Pack Total: $179.94  $79.98

About CIMA P1 Real Exam

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Certification Path for CIMA Operational CIMA P1 Accounting

The CIMA Professional Qualification is suited for anybody who wants to pursue a career in finance focusing on accounting, reporting and business strategy. It is quite different than the conventional courses which concentrate more on accounting, taxation and audit.

CBAs are available for all the papers of the Certificate Level and can be taken at any time of the year, allowing students to progress through CIMA papers at their own pace.

CBA uses computers to deliver questions and receive answers. Objective test questions are used in the assessment (the most common type is multiple choice but there are other formats).

The CBA system has many benefits:

  • You will receive individual performance feedback after the assessment, if you are unsuccessful this will help you to identify the areas of the syllabus where you require a better understanding of the topics.
  • You will receive your results immediately after you finish the assessment, because the computer can mark it instantly.
  • Upon successfully completing an exam by computer based assessment you will receive a ‘Certificate of Achievement' from the centre. Your student record will automatically be updated by CIMA and an exemption will be awarded for the appropriate paper based subject.
  • You can sit computer based assessment whenever you wish - you aren't restricted to the two paper based exam sittings per year.
  • CBA can be taken at any time of the year, provided that you are a registered CIMA student. However, if you are using CBA to fast track through to the Intermediate level papers you need to be aware of CIMA's registration, exam entry and exemption deadlines.
  • CBA allows for a wide range of the syllabus to be covered so you can be confident that you have a sound grounding in business and accounting in preparation for the Intermediate level exams.
  • You can also re-sit assessments as and when you are ready.

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

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What is the cost of CIMA Operational CIMA P1 Accounting?

CIMA Operational CIMA P1 Accounting costs GBP 425.

CIMA P1 Exam Syllabus Topics:

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

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