CIMA P1 - Management Accounting - detailed syllabus (2015)

CIMA 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. P1 provides the foundation for cost management and the long-term decisions covered in P2.

The aim of CIMA P1 paper is to:

  1. Cover budgeting as a means of short-term planning to execute the strategy of organisations.

  2. Provide 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.

Below you can find the split per areas and the % of syllabus it covers:

P1 syllabus