Category: P2

  • Passing the CIMA P2 Exam First Time!

    EditI managed to pass the CIMA P2 Advanced Management Accounting first time this week and must say I am over the moon with finally getting it out of the way!! I scored a scaled score of 101 out of 150, bearing in mind you need 100 to pass I just edged over line!! Nevertheless, a…

  • CIMA P2: Throughput Accounting

    Throughput Accounting is a modern management accounting technique that offers an alternative view to the more traditional cost accounting. It’s all about identifying the constraint or limiting factor in the production process and exploiting it to maximise profit. It allows management to focus efforts to make the best possible use of the limitation. Theory of…

  • CIMA P2: Transfer Pricing

    Transfer pricing is a subject that crops up on the CIMA P2 paper and here is my take on the subject. What is Transfer Pricing? Transfer pricing is common place among multi national corporations where there are high volumes of “inter-company” activity. Companies tend to use transfer pricing to lower their overall tax bill of…

  • CIMA P2: Learning Curves

    It’s taken a while for me to get back on track with my CIMA P2 studies but here I am with an article on Learning Curves which is a feature of the CIMA P2 syllabus. The Learning Curve The learning curve relates to the observed tendency that workers become adept at a task, the more…

  • P2: Useful Links and Resources

    The CIMA P2 Advanced Management Accounting syllabus has a well balanced range of subjects that builds on your learning from the P1 paper. Its primary focus is on long term and whereas P1 gave you a handle on costs and their drivers, P2 provides the competencies needed to analyse, plan and manage costs. While it…