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Understanding function and technical aspects of Analyse performance using financial and nonfinancial information

The following will be discussed in CIMA P1 exam dumps:

• Prepare performance reports for use by different functions and for different purposes in appropriate formats and media
• Identify information that can enable managers to review performance
• Interpret variances to review functional and organisational performance
• Identify appropriate KPIs for different functions of the organisation
• Explain company performance using KPIs

What do you learn in P1?

• Why costing is done and what it is used for, including appropriate costing methods and techniques and where digital costing might be used.
• How budgets are prepared and implemented across the organisation, the impact these have, and how techniques are applied to ensure sound short term decision making, against a backdrop of risk and uncertainty, by using appropriate risk management tools.

Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/