If you are looking to become a successful management accountant, then passing the CIMA CIMAPRO19-P01-1 P1 Management Accounting exam is a must. This exam is specifically designed to test your knowledge and skills in management accounting, budgeting, forecasting, and cost accounting. It is a globally recognized certification that can help you stand out in the job market and open up new career opportunities.
Exam Objectives:
The CIMAPRO19-P01-1 exam has the following objectives:
- Understanding the role and scope of management accounting
- Developing cost accounting techniques to aid decision making
- Planning and budgeting for business operations
- Understanding and applying various forecasting techniques
- Implementing effective cost management strategies
This exam is ideal for individuals who want to become management accountants, financial analysts, or budget analysts. It is also suitable for professionals who want to enhance their existing knowledge and skills in the field of management accounting.
Exam Details:
The CIMAPRO19-P01-1 exam consists of 60 objective-type questions that must be completed in 90 minutes. The exam is delivered online and can be taken from anywhere in the world. The passing mark for this exam is 70%. The exam fee is $280, and it is subject to change based on your location.
Related Books:
Preparing for the CIMAPRO19-P01-1 exam requires a solid understanding of management accounting, budgeting, forecasting, and cost accounting. Here are some recommended books that can help you pass the exam:
- CIMA P1 Management Accounting - Study Text by BPP Learning Media
- Management Accounting: Principles and Applications by Atrill and McLaney
- Cost Accounting: A Managerial Emphasis by Horngren, Datar, and Foster
- Budgeting: A Comprehensive Guide by Steven Bragg
- Forecasting: Methods and Applications by Spyros Makridakis, Steven C. Wheelwright, and Rob J. Hyndman
These books cover all the topics that are covered in the CIMAPRO19-P01-1 exam and provide a comprehensive understanding of management accounting concepts and practices.
To summarize, passing the CIMAPRO19-P01-1 exam requires a solid understanding of management accounting, budgeting, forecasting, and cost accounting. The exam is delivered online and can be taken from anywhere in the world. To prepare for the exam, it is recommended to study from the recommended books and practice answering objective-type questions. With the right preparation and dedication, passing the CIMAPRO19-P01-1 exam can be a rewarding experience that can open up new career opportunities.