

Management Accounting (MA) Develop management accounting techniques to help you support businesses to plan, control and monitor performance. You'll learn different ways of managing finance within an organisation with the aim of enhancing business performance.
Management Accounting supports businesses to plan, control and evaluate performance. This course will develop your understanding of preparing and analyzing quantitative data and cost information to help managers in building critical business decisions.
The syllabus commences with introducing the nature, the foundation and function of cost accounting and the costing techniques applied in business which is fundamental for any management accountant. It includes topics such as how to calculate the cost of producing items in a manufacturing company, the preparation of budgets and standard costing, and the calculation of variances as an approach for controlling costs for planning and better decision making.
The paper develops understanding of costing and management accounting techniques that helps in making and supporting managerial decisions. It provides a basis for F5 (Performance Management), Strategic business leadership and P5 (Advance Performance management).
Key areas of paper:
On effective completion of this paper, students should be able to:
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