Do you want to help businesses all over the world manage their finances? Accounting has so many open-ended opportunities and you can boost your career in the field with the Advanced Management Accounting P2 module, which goes towards the CIMA Professional Qualification, recognised worldwide as the most relevant global finance qualification for a career in finance.
CIMA Professional Qualification - Advanced Management Accounting module P2
EXP024£689.00
or £21.79 /month*
Course code: EXP024
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Course overview
- Learn about cost management.
- Study capital investment decision-making.
- Learn how to manage and control the performance of organisational units.
- Analyse risk.
The CIMA Professional Qualification is recognised worldwide as the most relevant global finance qualification for a career in business and finance. In the Advanced Management Accounting module (P2), you will examine how cost management and transformation are priorities for organisations facing intense competition. You will dive into how value management can transform cost structures and drivers to provide organisations with cost advantage.
This is one of the 12 modules you need to complete in order to achieve the CIMA Professional qualification. By successfully completing the Advanced Management Accounting module P2 exam, you will be one step closer to achieving the CIMA Professional Qualification.
On completion of the CIMA Professional Qualification, you will be awarded the Chartered Global Management Accountant (CGMA) designation. This showcases your professionalism, business and leadership skills, ethics, and commitment.
It is ideal for:
Students who want to develop their accounting and finance knowledge.
Those aspiring to work or progress their career in accounting, finance, or bookkeeping.
Future career options:
- Chartered accountant
- Finance manager
- Management accountant
- External auditor
- Forensic accountant
- Stockbroker
- Internal auditor
- Business analyst
Course content
- Cost management and cost transformation methodology
- Quality management methodologies
- Value management techniques
- Data required for decision making
- Steps and issues within the decision-making process
- Investment appraisal techniques
- Pricing strategies
- Performance of responsibility centres
- Preparing reports
- Approaches to performance and control within organisations
- Issues relating to internal audits
- Analysing risk and uncertainty with medium-term decision-making
- Types of risk within medium-term decision-making
Awarding body
The Chartered Institute of Management Accountants (CIMA) is the world’s largest leading professional body of management accountants, with the most useful accounting qualification for a career in business.
Extra information
During this course you will complete a number of progress tests and mock exams in preparation for your exam.
You will need to sit an exam at the end of this module in order to achieve a pass in the Advanced Management Accounting P2 module. You will sit a computer based objective test comprising of a range of questions types.
Exams are not included in the cost of this course. You will need to book your exams directly with CIMA.
This course is offered on a distance learning basis, with access to required study materials and unlimited support from your personal tutor via email. Study at your own pace, wherever and whenever you choose.
On successful completion of your exam, you will achieve a pass in the Advanced Management Accounting P2 module. This counts towards your overall CIMA membership.
Upon completion of the Advanced Management Accounting module P2, you will be able to move on to another of the 12 modules to earn your CIMA Professional Qualification.
Take a read of our ‘How to Become an Accountant‘ career guide.
FAQs
In order to study this course, you must have completed the CIMA Professional Qualification – Operational Level exams.
To complete the full CIMA Professional Qualification, you will need to complete a total of 3 years work experience. You can start your work experience at any time and can continue gaining experience after completion of your exams.
There may be exemptions depending on what qualifications you already have.
Head to the CIMA Global website to find out if you are eligible to claim for an exemption.
- Online learning platform
- Video tutorials and webinars
- Exam kit and progress tests
- Personal study plan
- Dedicated personal tutor support
- Dedicated learner services
- FREE CV critique service
- FREE employability guide to help you impress future employers
- FREE XO Student Discounts membership
Registration fees and exams are not included in the cost of this course. You will need to book and pay for these directly with CIMA.
That's not a problem. We want to make sure you're 100% confident about enrolling on the course and starting your study. So, just give our team of education specialists a call on 03300 563 100 and they'll do their best to help.
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