Covers cost accounting systems, budgeting and forecasting, variance analysis, and short-term decision-making techniques. £149 on its own, or all four Operational subjects for £349, with lifetime access. P1 is on demand, so you book it when you are ready.
The syllabus
P1 Management Accounting focuses on cost analysis, budgeting, and short-term decision-making. You'll learn to calculate and interpret variances, build flexible budgets, and use marginal costing techniques to support business decisions. P1 is the core management accounting subject at the Operational Level.
The course, section by section
7 sections · 104 lessons · 16h 25m of video
Modern tuition
Built and taught by people who have lectured this material for years, with an AI Tutor sitting inside each lesson to answer the question you have right now.
AI Tutor in every lesson
"Can you go through the Activity-based costing part again, more simply?"
Of course. Here is the short version from this lesson, then the worked example again, one step at a time.
Real mock exams
Full timed mocks in the real format: 60 questions in 90 minutes, drawn from a large question bank, in an exam-style interface.
Feedback on every mock
A mock does not stop at a percentage. Every question comes back with an explanation, grouped by syllabus section, so you can see what to go back to.
Weakest sections
Question review
The Operational Level
P1 is one of the three Objective Tests on the CIMA Operational Level, with E1 and F1. CIMA lets you sit them in any order, and the OCS once all three are passed.
See the full Operational route →Personalised CIMA pack
Tell us which CIMA subjects you have already passed, or are exempt from taking. The best option updates as you go.
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Two levels save 10%. All three save 20%.
£349
One subject at a time - or save with the Operational Level Pass Pack.
£369
One subject at a time - or save with the Management Level Pass Pack.
£399
One subject at a time - or save with the Strategic Level Pass Pack.
Questions
Expert-led video lessons across the whole syllabus with an AI Tutor in every lesson, and full timed mock exams online (60 questions, 90 minutes, drawn from a large question bank): 3 to start and a new one whenever you want it, each marked instantly with an explanation for every question. £149, lifetime access.
60 objective test questions in 90 minutes. It is on demand, so you book it when you are ready rather than waiting for a window.
No. CIMA lets the three Operational Objective Tests be sat in any order. All three must be passed before the OCS.
You only ever pay the difference. Add subjects at any time and the price you already paid comes off the bigger pack, so you never pay twice for the same course.
Lifetime access, on every course. There is no subscription and no renewal - if you need to resit, or come back to the material years later, it is still there.
Ready for a clearer route to your P1 exam day?
Take P1 on its own, or add it to the subjects you have left.