Advanced Management Accounting CIMA P2
Dec 30, 2015
Advanced Management Accounting CIMA 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 businessAnalysis - Understanding the history behind numbers and
use it to make business decisionsStrategy – 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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Not all Accounting is the SameManagement
accounting combines accounting, finance
and management with the leading edge
techniques needed to drive successful
businesses.
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