ACCA – Management Accounting (MA)
The Management Accounting (MA) subject introduces you to elements of management accounting
Summary
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Overview
The Management Accounting (MA) subject introduces you to elements of management accounting which are used to make and support decisions. The syllabus starts by introducing the nature, the source and purpose of management information followed by the statistical techniques used to analyse data. Then the syllabus addresses cost accounting and the costing techniques used in business which are essential for any management accountant.
Furthermore, the syllabus looks at the preparation and use of budgeting and standard costing and variance analysis as essential tools for planning and controlling business activities. The syllabus concludes with an introduction to measuring and monitoring the performance of an organisation.
Qualification
ACCA Diploma in Accounting and Business (RQF Level 4)
Course media
Description
Syllabus structure
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The nature, source and purpose of management information
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Data analysis and statistical techniques
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Cost accounting techniques
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Budgeting
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Standard costing
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Performance measurement
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Main Capabilities
On successful completion of this subject, you should be able to:
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Explain the nature, source and purpose of management information.
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Explain and analyse data analysis and statistical techniques
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Explain and apply cost accounting techniques
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Prepare budgets for planning and control
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Compare actual costs with standard costs and analyse any variances
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Explain and apply performance measurements and monitor business performance
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Who is this course for?
The ACCA qualification is ideal for people who want a career in finance and business.
Requirements
The Management Accounting (MA) exam is part of the Applied Knowledge Level of the ACCA qualification. If you are AAT qualified or graduated with a degree accredited by ACCA you are exempt from this subject.
Questions and answers
Hi, I've a degree in Business and Information Systems and never worked in finance. I want to work in finance now. What course would you advise me?
Answer:Dear Jose, In this case, we recommend you to take LGCA's ACCA - Applied Knowledge Bundle available on the Reed platform.
This was helpful.I'm 64 yrs of age was an professional accountant back 20 yrs ago.am I still eligible to take accounting course?
Answer:Dear Anthony, Yes, you are certainly eligible, ACCA or indeed any other professional accounting body sets no limitation as to students' age.
This was helpful.Hi, I have a master in management Accounting can I take up this course?
Answer:You certainly can.
This was helpful.
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Provider
LGCA is a multi-accredited UK learning provider specialising in, but not limited to, the areas of governance, risk, compliance, financial services and cybersecurity.
LGCA is an accredited training partner (ATP) of the Chartered Institute for Securities & Investment (CISI), offering fully online training courses for a great number of CISI qualifications. In addition to the CISI, the LGCA is also an accredited training institution the International Governance & Compliance Association (IGCA), the Association of Accounting Technisians (AAT), the International Association of Privacy Professionals (IAPP), and an accredited training provider of EXIN.
LGCA is part of the European Institute of Management and Finance (EIMF) Group, one of Europe’s leading institutions for certified and executive education, eLearning and bespoke learning solutions in the financial sector. The Group specialises in providing practical & essential knowledge and skills for professionals to excel in their careers and meet the demands of today’s financial sector.
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Legal information
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