ACCA MA/FMA Foundations in Management Accounting
About This Course
This course prepares you for the ACCA MA/FMA Management Accounting paper. The course for Management Accounting (MA)/(FMA), introduces candidates to elements of management accounting which are used to make and support decisions.
The course starts by introducing the nature, the source and purpose of management information followed by the statistical techniques used to analyse data. Then the course addresses cost accounting and the costing techniques used in business which are essential for any management accountant.
The course then 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.
Learning Objectives
Material Includes
- Online Notes
- Online Quizzes
- Assignments
- Videos and Downloads
Requirements
- Must be registered with the ACCA as a student
- Must have been registered either on the professional route (ACCA) or on FIA route
- Good Mathematical and English Skills preferably at over 50% in O'Level/ Grade 12
- This course is assessed by the ACCA. All learners in this course must register with ACCA and keep their subscriptions up to date in order to undertake exams. Exams and subscriptions are not taken on this site. please visit www.accaglobal.com for information on membership, exams and qualifications.
Target Audience
- Junior Accountants, Clerks and Cost Accountants
- High School Leavers aspiring to be accountants
- Working bookkeepers who needs to learn how to keep records
Curriculum
Syllabus A: The nature, source and purpose of management information
1. Accounting for management
2. Sources of data
3. Cost classification
4. Presenting information
Syllabus B: Data analysis and statistical techniques:
1. Sampling methods
2. Forecasting techniques
3. Summarising and analysing data
4. Spreadsheets
Syllabus C: Cost accounting techniques.
1. Accounting for material, labour and overheads
2. Absorption and marginal costing
3. Cost accounting methods
4. Alternative cost accounting principles
Syllabus D: Budgeting
1. Nature and purpose of budgeting
2. Budget preparation
3. Flexible budgets
4. Capital budgeting and discounted cash flow
5. Budgetary control and reporting
6. Behavioural aspects of budgeting
Syllabus E: Standard costing
1. Standard costing system
2. Variance calculations and analysis
3. Reconciliation of budgeted and actual profit
Earn a certificate
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Your Instructors
R1,200.00
Material Includes
- Online Notes
- Online Quizzes
- Assignments
- Videos and Downloads
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