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Understanding function and technical aspects of Apply relevant financial reporting standards and corporate governance, ethical and tax principles
The following will be discussed in CIMA P1 exam dumps:
- Apply relevant IFRS in a given context, to facilitate the preparation of financial statements
- Apply the principles of corporate governance and ethics
- Identify the impact of tax regulation on transactions, decisions and profits
Understanding function and technical aspects of Prepare information to manage working capital
The following are a part of CIMA P1 practice exams:
- Explain working capital ratios in comparison to prior periods or to other organisations
- Identify appropriate sources of short-term finance and methods of short-term investments
- Identify the impact of changing working capital policies
- Explain how to manage and control working capital
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Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/
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CIMA P1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Short-Term Decision Making | 30% | - Relevant Cost Analysis
|
| Risk and Uncertainty | 15% | - Decision Making Under Uncertainty
|
| Budgeting and Budgetary Control | 25% | - Budget Preparation
|
| Cost Accounting for Decision and Control | 30% | - Costing Systems
|








