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CIMA P1 Management Accounting - Free Exam Resource Page

We've compiled a great selection of useful resources from all over the Internet to help you to prepare for the CIMA Operational Exams

Go to and sign up for free access to CIMA Study Texts and practice questions for the CIMA P1 exam.

*These links are to the CIMA website which will require you to log-in using your CIMA Connect details.

Cost Accounting Systems


Short-term Decision Making

Dealing with Risk and Uncertainty

Other General Help and Advice

P1 Study Article

A useful article written by our expert Peter Stiff to help with your P1 revision.

P1 Self Study Guide

Essential points regarding the syllabus, which will help you plan for your P1 assessment.

Approaching Objective Test Questions

Beneficial information on what you can expect and how to approach the objective test questions.

Objective Test Style and Format *

A helpful insight into the different ways the questions will be formatted.

Study Tips From Students

Great advice from current and former students on the most effective ways to revise the course content

5 Tips on how to Reduce Stress and Improve Focus

Tips on how to minimize stress and improve focus leading up to your exams.

Benefits of Peer Learning

An interesting article highlighting the benefits of studying with peers

CIMA P1 Syllabus Topic: Cost Accounting Systems

CIMA Syllabus Weighting - 30%

Free CIMA Operational Study Text

Sign up now and get instant access

 to your own free study materials including

complete CIMA Exam Study Texts

        Additional benefits include:

Cost Accounting

 A nice summary of Cost Accounting System. The video explains the basis of a Cost Accounting System and links examples with real life businesses.

Absorption and Marginal Costing

An interesting video on Absorption & Marginal Costing. It includes a step to step guide on how to calculate these types of costs and a useful summary of both towards the end of the video. This video is a useful addition to the content in the CIMA P1 Study Text.

Activity Based Costing

A useful overview of Activity Based Costing that includes examples, featuring allocation techniques and overhead rates. This is great article to support your revision for the CIMA P1 Objective Test.

Throughput accounting

This video is an excllent addition to the content from the P1 Study Text. It explains Throughput Accounting and clearly demonstrates the calculations involved in this process. URL:

Relevant Costing

A comprehensive article explaining the definition, types of Relevant Costs, differential cost approaches and benefits.


Defines Benchmarking and details the benchmarking process. Includes information on manufacturing and distribution evaluations. This is very good supplementary information to the P1 Study Text.  

Break-even Analysis

An entertaining video about Break-even Point. It demonstrates this through an animated story and includes example calculations, This is a useful revision video in prepation for your CIMA Objective Test.

Linear Programming

An 11 minute video that will take you through a linear programming example and explain the theory behind it.

Standard Cost Variance Analysis

A definition and description of Standard Costing  and Variance Analysis. It features its problems, variances and creation.

CIMA P1 Syllabus Topic - Budgeting

CIMA Syllabus Weighting - 25%

60 Challenging Objective Test Style Questions in each CIMA Mock exam

Prepare for the CIMA Exams and perfect your exam technique using our realistic mock exams, written carefully to simulate the real CIMA exams.


An article that explains budgeting and business planning.

Includes the benefits, annual plan and a typical business

planning cycle.

Budgetary Controls

Explains the importance of Budgetary Control.  Gives an overview of why budget variances exist, investigates variances, static and flexible budgets and the issues involved.

Balance Scorecard

A very useful video that explains the principles of the Balance Scorecard and how it relates to business strategy. It details each of the dimensions of the score cards, including finacncial perspective and customer perspective.

Forecast Techniques

A professional and comprehensive article that covers all aspects, including master budget, real time projections and overhead projections. This is a great P1 revision article that will be an excellent read in the weeks leading up to your CIMA exams.


CIMA P1 Syllabus Topic - Short-term Decision Making

CIMA Syllabus Weighting - 30%

Operational Online Masterclass Recordings

Quickly revise the key areas of the syllabus alongside a qualified CIMA Tutor in our online revision masterclass.

NPV, IRR, Payback and ARR

A useful article explaining the concepts NPV, IRR, Payback, Discounted Payback and AAR. This article covers expenditure, types of cash flows, investment appraisal and risk.

Sensitivity Analysis

An explanation of Sensitivity Analysis, including the theoretical framework and overall strategy. It includes detailed figures and examples.

CIMA P1 Syllabus Topic - Dealing with Risk and Uncertainty

CIMA Syllabus Weighting - 15%

Study Texts for Kindle

Astranti CIMA Study Text Kindle Edition - works with any Kindle device and can also be accessed through smart phones, tablets and computer devices via the Kindle app!

Attitude to Risk

A video outlining the different attitudes to risk, and how certain manager's attitudes can affect their decision making processes. Also includes examples of the different levels of risk.

Managing Receivables, Payables and Inventories

A n informative article explaining how to manage receivables, payables and inventories in a simple and clear format.

Economic Order Quantity

Learn Economic Order Quantity the easy way! This video explains the EOQ model, the costs involved and the basis of the EOQ formula.

Risk and Uncertainty

An interesting video that explains and describes a number of concepts including risk, uncertainty, probability analysis, non insurable risk and the basic concepts.

Short-term Financing

A video explaining the six types of Short-term Financing. It details each one and gives examples to demonstrate how it works. This is a great video which will support the short term financing section outlined in the CIMA P1 study text.

P1 Technical Articles from CIMA Connect

This is a summary table of key articles from CIMA Connect. You will find these a helpful addition to the Astranti resources above.

Like our CIMA Operational Students Facebook Page



There are plenty more hints and tips in addition to other information available on our Operational Facebook page. This page is specifically tailored to those students sitting the E1, F1, P1 and Case Study Exam.



If you’ve found any other resources yourself why not share them on the discussion board below, students perform at their best when they are all helping each other out!

P1 Management Accounting Complete Course - The Full Package

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