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The following topics are a part of CIMA P1 Accounting module.
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Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/
| Section | Objectives |
|---|---|
| Costing Techniques | - Overhead allocation and absorption - Absorption and marginal costing |
| Standard Costing and Variance Analysis | - Material, labor, and overhead variances - Interpretation of variances |
| Short-term Decision Making | - Make or buy and limiting factors - Relevant costing principles |
| Introduction to Management Accounting | - Role and purpose of management accounting - Cost classification and cost behavior |
| Cost-Volume-Profit Analysis | - Break-even analysis - Contribution and margin of safety |
| Budgeting | - Cash and functional budgets - Budget preparation and purpose |
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