Last Updated: Aug 06, 2026
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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;
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Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Cost Accounting for Decision and Control | 30% | - Costing methods (absorption, marginal, ABC, etc.) - Cost behaviour and cost classification - Cost information for planning and control |
| Topic 2: Short-Term Commercial Decision Making | 30% | - Relevant costing and decision criteria - Pricing and make-or-buy decisions - Limiting factor and contribution analysis |
| Topic 3: Budgeting and Budgetary Control | 25% | - Budgetary control techniques - Budget preparation and control - Types of budgets (flexible, rolling, cash, etc.) |
| Topic 4: Dealing with Uncertainty in the Short Term | 15% | - Expected value and risk analysis - Decision trees and sensitivity analysis |
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