CIMA CIMAPRO19-P02-1 P2 Advanced Management Accounting exam is designed to test a candidate's advanced skills and knowledge in management accounting. This exam is part of the CIMA Professional Qualification and is intended for candidates who want to become a Chartered Global Management Accountant (CGMA). Passing this exam demonstrates that the candidate has advanced skills in management accounting, which can help them in their career growth.
Exam Objectives:
- Assess and apply cost management techniques
- Apply decision-making techniques in different scenarios
- Evaluate and manage risk
- Evaluate performance management and control systems
- Identify and manage strategic risk
- Identify and evaluate potential investment decisions and the required finance decisions
The exam is designed to test the candidate's knowledge and application of advanced management accounting concepts. Therefore, the exam is suitable for individuals who have completed the CIMA Certificate in Business Accounting or an equivalent qualification. The exam is also suitable for individuals who have work experience in a relevant field and wish to enhance their skills and knowledge.
Exam Details:
- Cost: The cost of the exam varies depending on the location and the exam center. Candidates can check the CIMA website for more information.
- Passing Mark: The passing mark for the CIMAPRO19-P02-1 exam is 50%.
- Time: The duration of the exam is three hours.
- Delivery Method: The exam is delivered through Pearson VUE test centers.
- Format: The exam consists of 80 objective test questions, including multiple-choice and numerical entry questions.
Related Books:
There are many books available to help candidates prepare for the CIMAPRO19-P02-1 exam. Some of the most popular books are:
- CIMA Official Study Text: Advanced Management Accounting (P2) by Kaplan Publishing
- CIMA Exam Practice Kit: Advanced Management Accounting (P2) by Kaplan Publishing
- CIMA Revision Cards: Advanced Management Accounting (P2) by Kaplan Publishing
- CIMA P2 Advanced Management Accounting: Study Text by BPP Learning Media
- CIMA P2 Advanced Management Accounting: Exam Practice Kit by BPP Learning Media
These books cover all the topics tested in the CIMAPRO19-P02-1 exam and include practice questions and case studies to help candidates prepare for the exam. Additionally, candidates can also access online resources, including study guides and practice exams, to supplement their study material and enhance their exam preparation.
In order to pass the CIMAPRO19-P02-1 exam, candidates should focus on mastering the exam objectives listed above. They should be able to apply cost management techniques, make decisions in different scenarios, evaluate and manage risk, evaluate performance management and control systems, identify and manage strategic risk, and evaluate potential investment decisions and the required finance decisions. To prepare for the exam, candidates should study the related books, review their notes from their previous coursework, and practice answering exam-style questions. It is also recommended that candidates take advantage of any online resources provided by CIMA or their study materials to help them prepare for the exam.
In conclusion, passing the CIMAPRO19-P02-1 exam requires a strong understanding of advanced management accounting concepts and the ability to apply them to real-world scenarios. Candidates should focus on the exam objectives, study the related books and online resources, and practice answering exam-style questions to enhance their chances of passing the exam. With adequate preparation, candidates can successfully pass the exam and progress towards becoming a Chartered Global Management Accountant.