Have Any Question?
+44 7452 122728
Back
CIMA’s CGMA® Advanced Management Accounting (P2)
The Advanced Management Accounting Course provides a detailed exploration of the key techniques and strategies used in management accounting to support decision-making, planning, and control in organisations.
Learning Options
- Live Interactive Sessions
- Dedicated 1-to-1 Tutor Support (30-min Weekly)
- Expert Trainers with Industry Experience
- Flexible Schedule
- Networking Opportunities
- High Pass Rates
- 24/7 Personalised Support
- Online Video-Based Learning
- Flexible Schedule
- Expert Trainers with Industry Experience
- High Pass Rates
- 24/7 Personalised Support
- Interactive Learning Materials
- Live Online Classes
- Expert Trainers with Industry Experience
- Live Assessment and Feedback
- Interactive Learning Materials
- Networking Opportunities
- High Pass Rates
Overview
The Advanced Management Accounting course is designed for individuals who have a basic understanding of management accounting and wish to develop advanced skills for strategic financial management. This course focuses on building the expertise needed to analyse financial data, manage budgets, and implement effective cost control techniques, all crucial for informed decision-making and business growth.
This course covers a wide range of advanced management accounting techniques, including variance analysis, budgeting, costing, and performance evaluation. By mastering these techniques, delegates will gain the ability to contribute more strategically to their organisations, improving financial planning, profitability, and efficiency.
Part of the CIMA qualification pathway, this course is designed to equip learners with the knowledge and expertise required to handle complex financial management challenges. It prepares delegates for leadership roles in accounting and finance, making it an ideal choice for those looking to progress in their careers and take on more strategic responsibilities.
Course Objectives
Master advanced management accounting principles and techniques
Analyse financial data to support organisational decision-making
Evaluate performance using advanced costing and financial tools
Manage financial risks and uncertainties in business operations
Prepare financial reports aligning with strategic objectives
Ensure compliance with ethical and regulatory financial standards
Improve financial planning and control for organisational success
Upon completion, learners will possess the advanced skills necessary to interpret complex financial data, contribute to strategic decision-making, and support organisational growth. They will be well-prepared to pursue further CIMA qualifications and advance their careers in management accounting and finance.
Average completion time
4 Month
with unlimited support
100% online
Start anytime
Study At Your Own Pace
Blended Learning
Study At Your Own PaceCourse Includes
- Expert-led Sessions
- Digital Delegate Pack
- 24/7 Tutor Support
- Downloadable Resources & Challenges
- Interactive Learning
- Exercise Files
- Scenario-Based Learning
Course Details
Develop your understanding of essential financial, business and management accounting techniques with ACCA Applied Knowledge. You'll learn basic business and management principles and the skills required of an accountant working in business.
Entry Requirements
Educational Background: A solid understanding of financial accounting or equivalent experience is recommended, as this course builds on foundational accounting knowledge.
Language Proficiency: Learners must have a strong command of English, as all course materials, assessments, and interactions are conducted in English.
Interest in Management Accounting: This course is designed for individuals looking to advance their management accounting skills and those aiming to pursue further CIMA qualifications.
Learning Outcomes
Master Advanced Financial Analysis: Gain a deep understanding of cost analysis, budgeting, and forecasting to support strategic decision-making and improve organisational efficiency.
Enhance Decision-Making Skills: Learn to assess financial data and provide actionable insights that inform business strategies and operational improvements.
Develop Strategic Management Expertise: Acquire the skills to manage resources, evaluate business performance, and drive long-term growth through effective management accounting practices.
Prepare for CIMA Certification: Lay a solid foundation for further CIMA qualifications, positioning yourself for senior management roles in finance and business strategy.
Target Audience
Management Accountant
Financial Analyst
Finance Manager
Cost Accountant
Business Analyst
Senior Financial Planner
Budgeting and Forecasting Specialist
The Advanced Management Accounting (CIMA Management Level) course is ideal for individuals looking to deepen their expertise in management accounting and financial strategy. Below are the professionals and learners who can benefit from this course:
Course content
Apply Cost Management and Cost Transformation Methodology
Compare and Contrast Quality Management Methodologies
Apply Value Management Techniques to Manage Costs and Improve Value Creation
Apply the Data Required for Decision-Making
Steps and Pertinent Issues in the Decision-Making Process
Apply Investment Appraisal Techniques to Evaluate Different Projects
Discuss Pricing Strategies
Analyse the Performance of Responsibility Centres and Prepare Reports
Discuss Various Approaches to The Performance and Control of Organisations
Behavioural and Transfer Pricing Issues Related to The Management
Analyse Risk and Uncertainty Associated with Medium-Term Decision-Making
Analyse Types of Risk in the Medium Term
Module 1: Managing the Costs of Creating Value
Module 2: Capital Investment Decision-Making
Module 3: Managing and Controlling the Performance of Organisational Units
Module 4: Risk and Control
MPES Support That Helps You Succeed
At MPES, we offer comprehensive support to help you succeed in your studies. With expert guidance and valuable resources, we help you stay on track throughout your course.
- MPES Learning offers dedicated support to help you succeed in Accounting and Finance courses.
- Get expert guidance from tutors available online to assist with your studies.
- Check your eligibility for exemptions with the relevant professional body before starting.
- Our supportive team is here to offer study advice and support throughout your course.
- Access a range of materials to help enhance your learning experience. These resources include practice exercises and additional reading to support your progress.
CIMA Salary Growth
Career Growth Stories
Discover how MPES Learning transforms careers with real success stories.
Arvy Pasanting
As a qualified accountant, studying at MPES has been a very rewarding experience. Its team of passionate and dedicated mentors gave me the confidence and knowledge I needed to not just excel at my current role as an auditor, but also inspired me to expand my horizons.
Arvy Pasanting
David Ford
I was recommended MPES after searching for a way to pursue a career in the accounting profession, I have studied with them throughout my journey utilising both their “in class” and online learning opportunities that fit around the needs of my employer, I have found them to be consummate professionals delivering first class accounting courses with support always available.
David Ford
Aaron Allcote
As a finance officer, MPES has been a huge help in understanding the process of recording and processing transactions from all different perspectives. The courses are very easy to follow, and the training they provide can be applied to real-life scenarios. The courses have been a huge help for me, and I would highly recommend them.
Aaron Allcote
Bob Beaumont
I completed all of my ACA studies with MPES and I think you would struggle to find a better training provider anywhere in the British Isles. MPES' tutors are excellent both at delivering training and giving individualised feedback and coaching. the supporting materials and the out of class support are also great.
Bob Beaumont
George Evans
The Financial Risk Management Course at MPES was invaluable in deepening my understanding of risk assessment and mitigation strategies. The hands-on learning approach allowed me to apply new concepts directly to my work. I highly recommend it for professionals in finance.
George Evans
James Robinson
As a financial consultant, I am always seeking ways to enhance my expertise. The Investment Analysis Course at MPES exceeded my expectations, offering practical skills and knowledge that I can apply immediately in my consulting work. It's an outstanding choice for professionals in finance.
James Robinson
Laura Bennett
The Corporate Finance Course I attended at MPES was transformative. The depth of knowledge shared by the instructors and the relevance of the topics covered have directly impacted on our financial strategy. I strongly endorse this program for anyone in a leadership position in finance.
Laura Bennett
Emma Johnson
The Financial Modeling and Valuation Course at MPES was incredibly insightful. The practical applications and real-world examples helped solidify my understanding of complex concepts. I highly recommend this course to anyone looking to enhance their financial acumen.
Emma JohnsonCIMA Roadmap
Have Questions? We’ve Got You
If you have any questions, we’re here to help. Find the answers you need in the MPES detailed FAQ section.
Q. What is the focus of the Advanced Management Accounting (P2) Course?
This course focuses on advanced cost management, risk
analysis, and decision-making to enhance business performance and
profitability.
Q. Who should attend this course?
It is ideal for finance professionals aiming to advance
their careers in management accounting and decision-making roles.
Q. What skills will I gain from this course?
You will develop expertise in cost management, risk
assessment, financial performance evaluation, and decision-making.
Q. Is this course part of the CIMA Qualification?
Yes, it is a key component of the globally recognised CIMA
CGMA® Management Level qualification, accredited by the Chartered Institute of
Management Accountants.
Q. How will this course support my career growth?
This course equips you with advanced technical skills and
strategic insights, making you an asset in leadership and decision-making roles
within your organisation.
Q. Who is this course best suited for?
This course is ideal for professionals aiming to advance their careers in
management accounting, including management accountants, financial analysts,
business managers, and those looking to enhance their decision-making skills.
It is also suitable for anyone seeking a deeper understanding of advanced
management accounting techniques and financial analysis.
Q. What key skills will I develop by completing this course?
You will develop advanced skills in budgeting, forecasting, cost analysis,
performance management, and strategic decision-making. The course also
emphasises how to apply management accounting principles to enhance business
performance and improve financial decision-making processes.
Q. Is this course part of the CIMA Qualification pathway?
Yes, this course is an integral part of the CIMA Management Level
qualification pathway. It equips learners with the necessary tools and
techniques to progress towards completing the full CIMA qualification and
advancing their careers in management accounting.
Q. Can I take this course while working full-time?
Yes, the course is designed with flexibility in mind, allowing you to
study at your own pace. This makes it suitable for working professionals who
wish to develop advanced management accounting skills while balancing their job
responsibilities.
Q. Does the course focus on practical applications of management accounting?
The course provides practical insights into management accounting
techniques, including the use of financial data to inform business strategies,
improve performance, and drive business growth through effective
decision-making.
Related Courses
Explore additional courses designed to complement your learning journey and enhance your professional skills. Expand your knowledge with these expertly curated options tailored to your career goals.
Resources
Access a wide range of free resources to support your learning journey. From blogs to news and podcasts, these valuable guides are available at no cost to help you succeed.
What Is Council Tax, and Who Has to Pay It? Explained in Detail
Maria Thompson04-Aug-2025
Drawings in Accounting: Definition, Characteristics, and Examples
Maria Thompson21-Jul-2025
The Best Accounting and Finance Books for Professionals and Students
Maria Thompson07-Jul-2025
What is Business Continuity Management, and Why it is Important?
Maria Thompson03-Jul-2025
What is Business Management? Types, Fuctions, Benefits and Skills
Maria Thompson30-Jun-2025
Activity-Based Costing (ABC): Definition, Benefits & Limitations
Maria Thompson16-Jun-2025
Job Shadowing: How it Benefits Teams via Observational Learning
Maria Thompson13-Jun-2025
Deferred Revenue: Definition, Liability Risks & Examples Explained
Maria Thompson10-Jun-2025
Accounting Cycle: Definition, Important, Steps, and How It Works
Maria Thompson02-Jun-2025
AI in Workplace: Benefits & Examples Shaping the Future of Work
Maria Thompson20-May-2025
15 Reasons Why to Become an Accountant: Benefits & Career Growth
Maria Thompson14-May-2025
What Is Accounting Software? Features, Types & Benefits Explained
Maria Thompson07-May-2025
Cyber Security for Business: Meaning, Importance & Tips Explained
Maria Thompson02-May-2025
What is Bookkeeping, Its Importance and How to Become a Bookkeeper
Maria Thompson28-Apr-2025
Freelancing vs Full-Time Employment: Choosing the Right Career Path
Maria Thompson25-Apr-2025
What is Financial Reporting: Types, Importance and Uses Explained
Maria Thompson21-Apr-2025
Asset Disposal: Definition, Types, Methods and Examples Explained
Maria Thompson16-Apr-2025
Allowable and Disallowable Expenses in the UK: Explained in Detail
Maria Thompson09-Apr-2025
What is Human Resource Management (HRM)? Principles and Functions
Maria Thompson08-Apr-2025
Navigating Career Transitions with the 10 Steps Framework Guide
Maria Thompson28-Mar-2025
Top 15 IT Soft Skills Every Tech Professional Should Have in 2025
Maria Thompson05-Mar-2025
Trade Payables: Definition, Benefits, Tips, and Examples for Business
Maria Thompson03-Mar-2025
What is Goodwill in Accounting? Importance, Types, and Examples
Maria Thompson11-Feb-2025
Audit vs. Assurance: Definitions, Key Differences & Similarities
Maria Thompson03-Feb-2025
What is DeepSeek R1 Model, and How it Ranks Against OpenAI's o1?
Maria Thompson31-Jan-2025
What Is Cash Basis Accounting? Definition, Example and New Updates
Maria Thompson29-Jan-2025
Corporate Tax Planning: Definition, Types, Strategies, and Benefits
Maria Thompson27-Jan-2025
The Power of Resilience: Strategies to Develop Your Inner Strength
Maria Thompson23-Jan-2025
Financial Accounting vs Management Accounting: What's the Difference?
Maria Thompson22-Jan-2025
What is Corporation Tax: Deductions, Benefits, and How It Works
Maria Thompson20-Jan-2025
Role of Mentorship in Career Development: A Catalyst for Success
Maria Thompson16-Jan-2025
15 Reasons You Should Invest in Professional Development: Explained
Maria Thompson03-Jan-2025
What is Corporate Governance: Principles, Importance, and Examples
Maria Thompson23-Dec-2024
What Is Management Accounting? Types and Key Functions Explained
Maria Thompson18-Dec-2024
Accounting Secrets to Effective Budgeting: Proven Strategies for Creating Effective Budgets
Maria Thompson16-Dec-2024
Financial Accounting in a Remote Work Era: Adapting Key Practices
Maria Thompson12-Dec-2024
Future-ready Accountants: Top Certifications to Bridge Skills Gaps in 2025
Maria Thompson04-Dec-2024
