CIMA Management Accounting : P1

P1 pass collection

Exam Code: P1

Exam Name: Management Accounting

Updated: Aug 23, 2026

Q & A: 258 Questions and Answers

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About CIMA Management Accounting : P1 Exam

Difficulty in taking the CIMA Operational CIMA P1 Accounting

The CIMA CIMA P1 Management Accounting is a tricky little paper pass but it's one of the more interesting papers as it builds your knowledge of Management Accounting and the various concepts involved - and, after all, this is why we are studying for the CIMA qualification!

Over half (60%) of the CIMA P1 Management Accounting is concerned with;

  • Short-Term Decision making
  • Cost accounting systems

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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.

The purpose of the CIMA P1 exam dumps is to spotlight areas of student difficulty, so that remedial measures can be taken before the chances for success are impaired. The CIMA Operational CIMA P1 Accounting is generally given by students who are interested in accounting and finance.

What is the cost of CIMA Operational CIMA P1 Accounting?

CIMA Operational CIMA P1 Accounting costs GBP 425.

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

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CIMA P1 Exam Syllabus Topics:

SectionObjectives
Cost-Volume-Profit Analysis- Break-even analysis
- Contribution and margin of safety
Introduction to Management Accounting- Cost classification and cost behavior
- Role and purpose of management accounting
Costing Techniques- Absorption and marginal costing
- Overhead allocation and absorption
Short-term Decision Making- Relevant costing principles
- Make or buy and limiting factors
Budgeting- Cash and functional budgets
- Budget preparation and purpose
Standard Costing and Variance Analysis- Material, labor, and overhead variances
- Interpretation of variances

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