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CIMA P2 exam covers a broad range of topics related to strategic management accounting, including cost management, performance evaluation, and risk management. The syllabus is divided into three main areas: cost accounting systems, decision-making techniques, and risk and control. Students are expected to have a solid understanding of these areas as they are essential for providing effective management accounting advice.

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The CIMA CIMAPRO19-P02-1 exam consists of three questions and lasts for three hours. The questions cover topics such as risk management, strategic management accounting, performance evaluation, and decision-making techniques. Candidates are expected to demonstrate their ability to apply these concepts to realistic business scenarios, and to communicate their findings effectively in written form.

Passing the CIMA P2 certification exam demonstrates a candidate's dedication and expertise in strategic management accounting. It is a valuable credential for professionals who wish to advance their careers in management accounting, finance, or related fields. Advanced Management Accounting certification is recognized globally, and holders of the CIMA P2 certification have access to a wide range of career opportunities across different industries and sectors.

Reference: https://planner.cimaglobal.com/proqual/2019/management/P2

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P2 candidates must have a solid understanding of management accounting principles and techniques, as well as the ability to analyze and interpret financial data. They must also be familiar with business strategy and risk management, as these topics constitute a significant proportion of the exam. The P2 certification is highly beneficial for those pursuing careers in management accounting or financial management roles, such as CFOs, finance managers, financial analysts and consultants, among others. In addition, the CIMA P2 certification demonstrates a candidate's commitment to ongoing professional development, which can significantly increase job prospects and earning potential.

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CIMA CIMAPRO19-P02-1 Exam Syllabus Topics: