CIMA P2: Advanced Management Accounting
With a primary focus on the long term, CIMA P2 expands upon P1's insights into costs and their drivers to offer the competencies required for cost analysis, planning, and management in order to support the organization's strategy's implementation.
It demonstrates how to oversee and manage the operations of different organisational units in accordance with both short- and long-term strategies. P2 discusses how to make investing decisions and the hazards involved. It serves as the foundation for gaining a deeper understanding of the numerous risk categories that have an impact on an organization's strategy and operations (covered in P3).