ACCA MA2 Managing Costs and Finance
About This Course
This course will prepare you for the ACCA Managing Costs and Finance (MA2)Â exam building the knowledge and application skills needed for exam success.
This course is very interactive, and the learning activities have been designed to help develop your abilities as an accountant in the real world.
You’ll learn how to prepare, process and present basic cost information to support management in planning and decision-making in a variety of business contexts.
Learning Objectives
This course builds on what you have learnt in ACCA MA1 Managing Information
On successful completion of this examination, candidates should be able to:
Explain the role of costing within the organisation and how costs are classified
Describe and record costs by classification
Explain and apply cost accounting techniques
Use management accounting techniques to make and support decision-making.
Explain principles of cash management
Material Includes
- Online Study Materials
- Quizzes
- Questions and Answers
Requirements
- Just good English and Mathematical Numeracy Skills preferably at Grade 12 in South Africa, O'Level in other countries
- Registration with ACCA as a student (Final Assessment for this course is by Computer Based Examination)
Target Audience
- Junior accounts clerk/bookkeeper in a financial and/or cost accounting role
Curriculum
Syllabus A: Management information
By the end of this topic, you will have learnt:
1. Management information requirements
2. Cost accounting systems
3. Cost classification
4. Information for comparison 5. Reporting management information
1. Management information requirements
2. Cost accounting systems
3. Cost classification
4. Information for comparison 5. Reporting management information
Syllabus B Cost recording
By the end of this topic, you will have learnt:
1. Accounting for materials
2. Accounting for labour
3 Accounting for other expenses
1. Accounting for materials
2. Accounting for labour
3 Accounting for other expenses
Syllabus C: Costing techniques
By the end of this topic, you will have learnt:
1. Absorption costing
2. Marginal costing
3. Job and batch costing
4. Process costing 5 Service costing
1. Absorption costing
2. Marginal costing
3. Job and batch costing
4. Process costing 5 Service costing
Syllabus D: Decision making
By the end of this topic , you will have learnt:
1. Cost-volume-profit analysis
2. Factors affecting short term decision making
3. Principles of discounted cash flow
1. Cost-volume-profit analysis
2. Factors affecting short term decision making
3. Principles of discounted cash flow
Syllabus E: Cash management
By the end of this topic, you will have learnt:
1. Nature of cash and cash flow
2. Cash management
3. Cash budgets
4. Investing and financing
1. Nature of cash and cash flow
2. Cash management
3. Cash budgets
4. Investing and financing
Earn a certificate
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