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What do you learn in P1?

• How budgets are prepared and implemented across the organisation, the impact these have, and how techniques are applied to ensure sound short term decision making, against a backdrop of risk and uncertainty, by using appropriate risk management tools.
• Why costing is done and what it is used for, including appropriate costing methods and techniques and where digital costing might be used.

CIMA P1 Exam Syllabus Topics:

Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/

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Understanding function and technical aspects of Apply relevant financial reporting standards and corporate governance, ethical and tax principles

The following will be discussed in CIMA P1 exam dumps:

• Identify the impact of tax regulation on transactions, decisions and profits
• Apply the principles of corporate governance and ethics
• Apply relevant IFRS in a given context, to facilitate the preparation of financial statements