cima p2 study guide notes

Advanced Management AccountingCIMA P2

What is Management Accounting?

Management accountants play a key role in managing business

opportunities. Inform strategy and help ensure the future of your business.

CIMA Management Accounting redefine the way we do business ..

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Performance Management

The P2 review focuses on the management and improvement of decision-

making. It decisions about what they produce, at what price are discussed,

and how to manage these decisions to maximize profitability.

How CIMA benefit your business

Analysis - Understanding the history behind numbers and use

it to make business decisions

Strategy – Using the insight from analysis to help formulate

business strategy to create wealth and shareholder value.

Risk - The application of analytical skills to observe business

processes end end a pair identify and manage risks.

Planning – using accounting techniques to plan and budget.

Communication – knowing what information management

needs and explaining the numbers to non-financial

managers.

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cima p2 study guide notes

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information management

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