CIMA Professional – Operational Level (P1) Performance Operations

Learn how to apply costing methods, within costing systems, including the reconciliation of budgeted and actual profit margins.
Understand the concepts of planning and operational variances, as well as the various standards and variances within service industries, public services and professions.
Get to grips with the concept of benchmarking, and learn how to prepare reports using a range of internal and external benchmarks with the ability to interpret the results.
Explain both the MRP and ERP systems.
Learn about how internalised costs such as emissions, tax and waste disposal can affect the environment.
Understand the need for forecasts, plans and budgets within an organisation, and how to resolve issues when conflicts within them arise.
Apply a variety of forecasting techniques to calculate product/service volumes, as well as projected revenues and costs.
Learn how to prepare a budget based on forecasts, projections and managerial targets.
Understand and explain the processes that are involved in making long-term decisions, and learn how to calculate cash-flows to ensure the long-term decisions are the right ones.
Consider both financial and non-financial aspects during the decision making process, and prepare supporting documents to emphasise the key points.
Learn how to evaluate project proposals based on investment appraisal techniques.
Learn how to analyse the impact of uncertainty upon the decision making process, including cash flow, learning curves and discounting techniques.
Explore the management of short-term finance; learn how to analyse cash-flow forecasts, and identify the potential for short-term funding and investment opportunities.

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CIMA Professional Performance Operations

Study alongside your current job and other commitments.
Broken down into manageable pieces, so you can stay engaged and motivated throughout.
Interactive simulations, tutorials, training manuals, exercises and self-assessment packs available to keep you on your toes and ensure the learning materials are varied and interesting.
Printable reference guides and exercises for you to practice whenever you like.
Downloadable certificate of completion and any other attained qualifications – no need to wait for the postman to deliver it!
Gain confidence in your accounting skills and add practical value to your CV.
Passing this course will mean you’re on your way towards the complete CIMA certificate and the associated job prospects that come with it!