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Understanding function and technical aspects of Analyse performance using financial and nonfinancial information

The following will be discussed in CIMA P1 exam dumps:

• Interpret variances to review functional and organisational performance
• Identify information that can enable managers to review performance
• Explain company performance using KPIs
• Identify appropriate KPIs for different functions of the organisation
• Prepare performance reports for use by different functions and for different purposes in appropriate formats and media

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Below is the CIMA Operational CIMA P1 Accounting

• Number of questions: 60
• Passing score: 70%
• Format: Multiple choices, multiple answers
• Length of Examination: 90 minutes
• Language: English

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

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Topics of CIMA Operational CIMA P1 Accounting

The following topics are a part of CIMA P1 Accounting module.

• Prepare information to manage working capital
• Risk and uncertainty in the short term
• Prepare information to support short-term decision-making
• Apply relevant financial reporting standards and corporate governance, ethical and tax principles
• Cost Accounting for decision and control
• Distinguish Between The Different Rationales For Costing
• Budgeting and budgetary control
• Analyse performance using financial and nonfinancial information
• Prepare budget information and assess its use for planning and control purposes
• Short term commercial decision making

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