London Governance & Compliance Academy
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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.
The nature, source and purpose of management information
Data analysis and statistical techniques
Cost accounting techniques
On successful completion of this subject, you should be able to:
Explain the nature, source and purpose of management information.
Explain and analyse data analysis and statistical techniques
Explain and apply cost accounting techniques
Prepare budgets for planning and control
Compare actual costs with standard costs and analyse any variances
Explain and apply performance measurements and monitor business performance
Who is this course for?
The ACCA qualification is ideal for people who want a career in finance and business.
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
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Hi, So, upon the completion of the course here, and ACCA Diploma in Management Accounting is awarded?
Hi Maan, No, you will have completed one of the three subjects of the first level (the Applied Knowledge) leading to the ACCA qualification. The ACCA Diploma in Financial and Management Accounting is one of the Foundation Certificates recommended if you have no formal qualifications. For the ACCA Diploma in Financial and Managerial Accounting you the following is needed: • FA1 Recording Financial Transactions • MA1 Management Information • Foundations in Professionalism Module.This was helpful. Thank you for your feedback.
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