CIMA Management Level (E2, P2, F2) – For Exams in 2024

CIMA’s Advanced Diploma in Management Accounting

The Management level focuses on translating long term decisions into medium term plans. You’ll be able to use data and relevant technology to manage organisational and individual performance, allocate resources to implement decisions; monitor and report implementation of decisions; as well as prepare and interpret financial statements to highlight business performance.

E2 Managing Performance

A. Business models and value creation

B. Managing people performance

C. Managing projects

What do you learn in E2?

• The fundamentals of business models and how new business and operating models can be developed to improve the performance of organisations.

• How different styles of leadership can be used to improve the performance of individuals to achieve organisational goals and how to use performance management concepts and techniques to implement strategies effectively and efficiently.

• Use of project management concepts and techniques useful in implementing strategies. (Project management is linked to capital investment decision-making which is covered in P2D).

P2 Advanced Management Accounting

A. Managing the costs of creating value

B. Capital investment decision making

C. Managing and controlling the performance of organisational units

D. Risk and control

What do you learn in P2?

• How to use cost management, quality and process management and value management to provide organisations with cost advantage.

• The criteria, process and techniques that are used to decide which projects to undertake, how to manage the performance of organisational units to ensure that they achieve their objectives.

• How to analyse risks and uncertainties that organisations face in the medium term, especially capital investment decision making, and managing those risks in the implementation of such decisions.

F2 Advanced Financial Reporting
A. Financing capital projects

B. Financial reporting standards

C. Group accounts

D. Integrated reporting

E. Analysing financial statements

What do you learn in F2?

• The sources and types of funds and how much they cost.

• The key financial reporting standards on which financial statements will be based and the application of those standards to prepare group accounts.

• The International Integrated Reporting Framework and its components and how to conduct analyses of financial statements and their limitations.

Management Level Case Study

At the Management level, the role simulated is that of a finance manager. The capstone Case Study Examination provides a simulated context allowing candidates to demonstrate that they have acquired the required knowledge, skills, techniques and the mindset required for that role.

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Frequently Asked Questions

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