CIMA-P2- Advanced Management Accounting
Course Description:
Focusing primarily on the long term, this builds on the insights about costs and their drivers to provide the knowledge 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, this 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 .
It is essential that all topics in the syllabus are studied, as all topics will be examined. The weightings do not specify the number of marks that will be allocated to topics in the examination.
| Weight | Syllabus topic |
| 25% | A. Cost planning and analysis for competitive advantage |
| 30% | B. Control and performance management of responsibility centres |
| 30% | C. Long-term decision making |
| 15% | D. Management control and risk |
Certification
You won’t get a certificate for completing this course but if you want an award simply register with CIMA as a student and take the related exams.
You need to pass the E2,P2 and F2 exams ‘ to be awarded the CIMA Advance diploma in management accounting.’
Course features:
- Lectures : 21
- Progress Tests: 2
- Mock Tests : 2
- Duration: 3.5 Months
- Course level : Management Level
- Language : English
- Students: 25
- Certificate: No
- Assessments: Computer Based Exam
Course Features
- Lectures 35
- Quizzes 4
- Duration 3.5 Months
- Skill level All levels
- Language English
- Students 760
- Assessments Yes
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- Activity Based Costing & Activity Based Management
- Customer and Product Profitability Analysis
- Modern Manufacturing Environment
- Business Process Engineering BPR
- Life-cycle costing
- Target costing
- Learning Curves
- Divisional Performance Measurement – Divisionalised structures
- Economic Value Added
- Transfer Pricing
- Financial Performance Measurement
- Non–financial performance Indicators
- Budgetary Control and Performance Management
- Budget Styles, Beyond Budgeting
- Basic Investment Appraisal Techniques – ARR and Payback
- Discounted Investment Appraisal Techniques – Net present Value, IRR Modified Internal Rate of Return
- Relevant cash flows in DCF – Non–relevant costs Working capital Inflation Inflation – Fisher Equation
- Pricing – Tabular approach
- Pricing – Algebraic approach Pricing strategies
- Discounted cash flow – Replacement
- Discounted cash flow – Capital Rationing
- Discounted cash flow – Real Options
- Investment appraisal under uncertainty – Sensitivity analysis
- Investment appraisal under uncertainty – Expected values
- Investment appraisal under uncertainty – Standard Deviation
- Risk and Uncertainty – Perfect knowledge
- Risk and Uncertainty – Expected Values
- Risk and Uncertainty – Decision Trees
- Risk and Uncertainty – Sensitivity Analysis
- Risk and Uncertainty – Bayes Theorem
- Risk and Uncertainty – Bayes Theorem (Continue)
- Risk Management Ethical Threats
- Risks Associated with collection and use of information
- Risks of Information, Data Protection Act
- Risks of Information, Data Protection Act
- Progress test 1
- MOCK TEST 2
- MOCK TEST 1
- Progress test 2
