CIMA’s CGMA® Advanced Management Accounting (P2)

• 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.

• 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.

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:

• Management Accountant

• Financial Analyst

• Finance Manager

• Cost Accountant

• Business Analyst

• Senior Financial Planner

• Budgeting and Forecasting Specialist

Module 1: Managing the Costs of Creating Value 

• Apply Cost Management and Cost Transformation Methodology 

• Compare and Contrast Quality Management Methodologies 

• Apply Value Management Techniques to Manage Costs and Improve Value Creation
   

Module 2: Capital Investment Decision-Making 

• 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
   

Module 3: Managing and Controlling the Performance of Organisational Units 

• 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
   

Module 4: Risk and Control 

• Analyse Risk and Uncertainty Associated with Medium-Term Decision-Making 

• Analyse Types of Risk in the Medium Term