CIMA P1 – Management Accounting

This course forms part of the three courses that falls under the CIMA Operations Level. This course deals with tools and techniques that generate information needed to evaluate and control present and projected performance.

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Description

This subject forms part of the three courses that falls under the CIMA Operations Level. This course deals with tools and techniques that generate information needed to evaluate and control present and projected performance.

Accreditation

The Chartered Institute of Management Accountants is registered with the South African Qualification Authority.

Qualification

Once completing this subject you will be awarded a SACOB certificate of completion.

Requirements

The CIMA Certificate Level would need to have been completed before commencing with the Operations Level, unless you have completed previous qualifications in a similar field and could therefore apply for exemptions. It is recommended that students have a good understanding of mathematics and the English language.

Duration

This subject can be completed in 3 - 6 months.

The full Operations Level can be completed in 6 – 12 months. As the CIMA qualification is flexible you can decide how many exams you would like to sit at a time and when.

Subjects

•  Cost accounting systems
•  Budgeting
•  Short-term decision making
•  Dealing with rick uncertainty

Packages

Home Study

The Home Study Package offers:

• Textbooks
• Study guides
• Workbooks - Not for all subjects
• Lecturer Support - via Email, Phone and access to the Student Question & Answer Platform

Online Classroom

The Full Online Classroom Package builds on the Home Study Package and provides you with the digital resources that may be available for your course as well as giving you access to the SACOB Online Classroom. The Online Classroom Package offers:

• Video Kit
• Study maps
• Study plans
• Lecturer/Concept videos
• Quizzes
• Assessment downloads and uploads
• SACOB Student Forum

Assessment

The great thing with the CIMA Qualification is that it can be completed at your own pace. There are no assignments only a final exam per course. The final exam takes place by a means of a computer based assessment (CBA) at a registered CIMA computer based exam venue (CBE), each exam is 90 minutes long and you will receive your results shortly after completing your exam.

As the exams are done via a means of a CBA these need to be arranged with a recognised CIMA CBE centre, but students need to insure that they have also completed their CIMA annual student registration and paid these fees as well as have their CIMA registration number. Please contact a SACOB student advisor for further details on this.

Upon completion of your E1, P1 and F1 assessments you can then enter to complete the Operational Level integrated case study exam, this is also completed by a means of a CBA, 3 hours are given to complete this and consists of both pre-seen and unseen materials, it intended to simulate real day life scenarios. Case study exams are marked by CIMA personnel and can be sat four times a year in February, May, August and November each year.

What's next

On completion of the Operations Level you can attempt the Managerial and Strategic Levels.

On completion of all three of the Operational Level Objective Tests and the Integrated Case Study Exam you will be awarded with the CIMA Diploma in Management Accounting.