Covers advanced costing systems, transfer pricing, performance measurement in divisional structures, advanced budgeting, and risk analysis. £149 on its own, or all four Management subjects for £369, with lifetime access. P2 is on demand, so you book it when you are ready.
A word from your tutor
P2 is, for most people, the hardest Objective Test on this level. Advanced management accounting asks you to choose and defend a technique, not just execute one, and that judgement only comes from doing a lot of questions.
The course is built accordingly: full mock exams, marked question by question, with an explanation that shows the specific decision you got wrong rather than just the topic. That distinction matters enormously in P2.
Give it the time it deserves. Sat second, with F2 still ahead of you, it usually gets that time.
The syllabus
P2 Advanced Management Accounting deepens your cost management expertise into transfer pricing, advanced budgeting techniques, performance measurement frameworks (Balanced Scorecard, KPIs), and risk. It equips you to design and operate management accounting systems at a divisional or group level.
The course, section by section
7 sections · 121 lessons · 20h 7m 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 Divisional performance measurement (ROI, RI, EVA) 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 Management Level
P2 is one of the three Objective Tests on the CIMA Management Level, with E2 and F2. CIMA lets you sit them in any order, and the MCS once all three are passed.
See the full Management route →Personalised CIMA pack
Tell us which CIMA subjects you have already passed, or are exempt from taking. We have pre-ticked everything CIMA requires before P2 - adjust it if that is not you.
Two levels save 10%.
🎉 You've completed the Operational Level - Operational Case Study and all 3 Objective Tests.
Objective Tests included
£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 Management Objective Tests be sat in any order. All three must be passed before the MCS.
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 P2 exam day?
Take P2 on its own, or add it to the subjects you have left.