CIMA E1: Managing Finance in a Digital World
CIMA F1: Financial Reporting
IASB and IFRS
corporate governance
working capital management.
CIMA P1: Management Accounting
cost classification and behavior
Absorption Costing
Marginal Costing
Activity Based Costing (ABC)
limiting factor analysis, standard costing, and budgeting.
CIMA E2: Managing Performance
organizational ecosystem
strategic planning
change management
Kotter's Eight-Step
Balanced Scorecard
project management
CIMA F2: Advanced Financial Reporting
This document delves into advanced financial reporting topics. It covers how companies raise long-term finance through capital markets and provides an overview of several key IFRS and IAS standards, including those for leases (IFRS 16) and provisions (IAS 37). The notes also explain the preparation of group accounts and the concepts of integrated reporting and financial statement analysis using ratios.
CIMA P2: Advanced Management Accounting
These notes cover advanced strategic management accounting topics. The document focuses on performance measurement frameworks such as the Balanced Scorecard and the Fitzgerald and Moon's Service Performance Model. It provides a detailed explanation of transfer pricing, including various methods for setting the price. A key section is dedicated to risk management, outlining the four-step process of identifying, assessing, responding to, and monitoring risks.
CIMA E3: Strategic Management
These notes outline the rational model of strategic planning, detailing the three steps of strategic analysis, strategic choice, and strategic implementation. They cover various tools for environmental analysis, such as PESTEL analysis and Porter's Five Forces. The document also explains the importance of stakeholder analysis using Mendelow's matrix and the principles of corporate governance. It concludes by discussing strategic drift and change management.
CIMA F3: Financial Strategy
This document covers corporate finance and financial strategy. It begins by discussing financial and non-financial objectives for an organization. The notes explore different sources of long-term finance, including various types of debt and equity. It also delves into financial risks like interest rate and currency risk and how to hedge them. The final section covers business valuation methods and introduces key finance theories like the Capital Asset Pricing Model (CAPM) and the Efficient Market Hypothesis (EMH).
CIMA P3: Risk Management
The notes define and categorize risks into four main types: strategic, operational, financial, and compliance. The document outlines a four-step process for risk management (identification, assessment, response, and monitoring), providing details on key response strategies like avoidance, reduction, transfer, and acceptance. It also highlights the importance of internal control and the specific challenges and management techniques for IT risk.
****
I have reviewed all the CIMA notes you provided and summarized them below.
CIMA E1: Managing Finance in a Digital World
These notes emphasize the finance profession's shift toward a digital mindset. They highlight key technologies like big data and AI that are changing the field. The notes also outline the evolving skills needed by modern accountants and the transition from a traditional "triangle" to a more dynamic "hexagonal" structure for the finance function.
CIMA F1: Financial Reporting
This document covers the regulatory environment of financial reporting, including the role of the IASB and IFRS. It details the five fundamental principles of the CIMA Code of Ethics (integrity, objectivity, professional competence, confidentiality, and professional behavior) and threats to them. The notes also discuss corporate governance and the key components of financial statements, and they touch on working capital management.
CIMA P1: Management Accounting
The notes define management accounting as the provision of information for decision-making. They explain various methods of cost classification and behavior, including direct and indirect costs. The document contrasts two traditional costing methods, Absorption Costing and Marginal Costing, and introduces the more sophisticated Activity Based Costing (ABC). It also covers other important concepts like limiting factor analysis, standard costing, and budgeting.
CIMA E2: Managing Performance
These notes focus on strategic planning and performance management. They introduce the idea of an organizational ecosystem and the three-step process of strategic planning (analysis, choice, and implementation). The notes also cover change management models like Kotter's Eight-Step Process and emphasize the use of both financial and non-financial metrics through the Balanced Scorecard. A significant portion is dedicated to project management, outlining the project lifecycle and the PRINCE2 methodology.
CIMA F2: Advanced Financial Reporting
This document delves into advanced financial reporting topics. It covers how companies raise long-term finance through capital markets and provides an overview of several key IFRS and IAS standards, including those for leases (IFRS 16) and provisions (IAS 37). The notes also explain the preparation of group accounts and the concepts of integrated reporting and financial statement analysis using ratios.
CIMA P2: Advanced Management Accounting
These notes cover advanced strategic management accounting topics. The document focuses on performance measurement frameworks such as the Balanced Scorecard and the Fitzgerald and Moon's Service Performance Model. It provides a detailed explanation of transfer pricing, including various methods for setting the price. A key section is dedicated to risk management, outlining the four-step process of identifying, assessing, responding to, and monitoring risks.
CIMA E3: Strategic Management
These notes outline the rational model of strategic planning, detailing the three steps of strategic analysis, strategic choice, and strategic implementation. They cover various tools for environmental analysis, such as PESTEL analysis and Porter's Five Forces. The document also explains the importance of stakeholder analysis using Mendelow's matrix and the principles of corporate governance. It concludes by discussing strategic drift and change management.
CIMA F3: Financial Strategy
This document covers corporate finance and financial strategy. It begins by discussing financial and non-financial objectives for an organization. The notes explore different sources of long-term finance, including various types of debt and equity. It also delves into financial risks like interest rate and currency risk and how to hedge them. The final section covers business valuation methods and introduces key finance theories like the Capital Asset Pricing Model (CAPM) and the Efficient Market Hypothesis (EMH).
CIMA P3: Risk Management
The notes define and categorize risks into four main types: strategic, operational, financial, and compliance. The document outlines a four-step process for risk management (identification, assessment, response, and monitoring), providing details on key response strategies like avoidance, reduction, transfer, and acceptance. It also highlights the importance of internal control and the specific challenges and management techniques for IT risk.
No comments:
Post a Comment