Paper P2 - Performance Management

 
Syllabus outline
  • Pricing and Product Decisions

  • Cost Planning and Analysis for Competitive Advantage

  • Budgeting and Management Control

  • Control and Performance Measurement of Responsibility Centres

Learning aims
  • Separate costs into their fixed and variable components and use these in break-even analysis and in decision-making under multiple constraints

  • Establish relevant cash flows for decision making and apply these principles in a variety of contexts including process/product viability and pricing including evaluation of the tension between short-term, 'contribution based' pricing and long-term, 'return on investment' pricing

  • Develop relevant cash flows for long-term projects taking account of inflation and taxation where appropriate, evaluate projects using discounting and traditional methods, critically assess alternative methods of evaluation and place evaluation techniques in the context of the whole process of investment decision making

  • Apply learning curves in forecasting future costs and the techniques of activity-based management, target costing and value analysis in managing future costs and evaluate the actual and potential impacts of contemporary techniques such as JIT, TOC and TQM on efficiency, inventory and cost

  • Undertake sensitivity analysis and assess the impact of risk in decision models using probability analysis, expected value tables and decision trees as appropriate

  • Discuss externally oriented management accounting techniques and apply these techniques to the value chain, 'gain sharing' arrangements and customer/channel profitability analysis

Assessment

There will be a written examination paper of three hours, plus 20 minutes of pre-examination question paper reading time. The examination paper will have the following sections:

 

Section A – 50 marks
Five compulsory medium answer questions, each worth ten marks. Short scenarios may be given, to which some or all questions relate.

 

Section B – 50 marks
One or two compulsory questions. Short scenarios may be given, to which questions relate.

Course details

Course type:

Taught + Revision

Language:

English

Fee:

700 AZN

Fee includes:

Taught and Revision phase, as well as Progress Tests, Mock Exam and  full package of study materials from CIMA-approved publisher (Study Text, Practice and Revision Kit) and coffee breaks.

 

Total Duration:

32 hours

Date:

 

September 9 - October 26, 2013

 

Week day:

Sunday

Time:

09:30 - 13:30

Venue:

GRBS International Training Centre, Caspian Plaza III, 7th floor

Reg. Deadline:

 

September 8, 2013

 

 
You can get 5% discount by registering at least 30 days prior to the course commencement
   
Registration

The seats are limited. Registration is undertaken on first-come-first-served basis; early application and early registration are advised.
Success assurance

We strongly believe that you have the best chance of passing exams if you follow our recommendations of enrolment in Taught+Revision course per each paper you intend to attempt and meet the THREE following conditions:

  1. Attend Taught+Revision course without absences
  2. Get at least 50% on both Progress Tests
  3. Get at least 50% on Mock Exam

If the student fails the exam without meeting all the above conditions, GRBS® will allow him/her to re-sit the course FREE OF CHARGE. In addition, we will PAY the re-sit exam fee for the Student.

 

If the Students fails exam without meeting all above conditions, then GRBS® will grant him/her a 50% discount for a re-sit course.

T4 and CBA Exams

GRBS® being officially licensed  to organise and administer CBAs by CIMA is pleased to invite you all to sit CIMA Certificate Level (Papers C01-C05) exams as well as T4 (TOPCIMA) Computer Based Exam at GRBS® CBA Center. You can take your CBE at GRBS® CBA Center and schedule a suitable CBA date especially for you.

 

For more detailed information please click here.
Discounts
  • If several employees of the same organization/company will participate in the course, offers the following discounts: 4% for 2, 6% for 3,  8% for 4,  10% for 5-10, and even higher discounts for more participants ( for more details ).
  • GRBS® grants incremental 5% discount for each subsequent qualification course attended.
  • 10% discount for persons aged from 16 to 23.
  • GRBS® offers 10% discount for bachelor degree students.
  • Government employees will be given 10% discount.
  • 10% discounts for owners of MYBRAND'S card.
  • GRBS® offers 10% discount for AG Club members.
  • GRBS® offers 10% discount for owners of ISIC card.  
  • 10% discount for Biz Club subscribers
  • 10% discounts for members of Unibank Discount Club
  • 21% discount for soldiers who were demobilized during the last year and 50% discount for every soldier who served at the front.
  • In addition, GRBS® offers extra discounts for people entitled to special benefits granted by The Law of the Republic of Azerbaijan (for more details).

 

Important notes:

  • Every client can benefit only from one discount offer.
Tell a friend
  • If your friend and/or colleague enrols in CIMA preparatory courses based on your recommendation, you both get 38 AZN subtracted from the course fee.
  • 38 AZN subtraction is applicable solely to CIMA preparatory courses being attended or to be attended in the future.
  • You may recommend not more that two friends and/or colleagues.
  • Only individual clients (the ones who sponsor the participation in the course on their own) are eligible to apply for the programme.
Cancellation policy

The Client must notify the representatives of GRBS International Professional Qualifications verbally or in writing if he/she wishes to cancel the registration, change course dates or switch from one course to another. The notifications must be done at least 7 (seven) business days in advance before the course starts in order to avoid paying cancellation fee of 30% of the course fee. If Client wants to cancel the registration, change course date and switch to another preparatory course he/she has to pay cancellation fee of 100% of the course fee.

For participants from abroad
GRBS® renders additional services: the client's meeting and accompaniment, transfer and accommodation services, cultural and entertainment programmes (for more details).

For more detailed information on CIMA Qualification preparatory courses please

download THE CIMA COURSES BROCHURE

More information on CIMA Certificate in Business Accounting is available at

www.cimaglobal.com

44 Jafar Jabbarli Street • Caspian Plaza, 7th floor • Baku AZ1065, Azerbaijan

T/F: (99412) 437-10-51 • 437-32-61 • 437-10-61 • E: mail@grbs.com

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