ACCA Management Accounting (MA)

The ACCA Management Accounting (MA/FMA) course provides students with a solid foundation in management accounting concepts and techniques. It focuses on developing knowledge and skills in cost classification, budgeting, standard costing, and performance evaluation.

This paper emphasizes applying management accounting tools to support short-term and long-term decision-making, planning, and control in business. By the end of the course, students will be equipped to use financial and non-financial data to improve organizational efficiency and effectiveness.

Who is this Course For?

• ACCA students preparing for the MA/FMA exam at the Applied Knowledge level.
• Students transitioning from basic mathematics and accounting concepts to management accounting applications.
• Professionals seeking to understand costing and budgeting to support decision-making.
• Business managers aiming to improve operational efficiency and performance evaluation.
• Anyone aspiring to a career in management accounting, finance, or business analysis.

Curriculum

• Accounting for management
• Cost classification
• Accounting for materials
• Accounting for labour
• Accounting for overheads
• Absorption and marginal costing
• Job, batch and process costing
• Service and operation costing
• Alternative costing principles
• Sources of data
• Analysing data
• Analytical techniques in budgeting and forecasting
• Budgeting
• Investment appraisal
• Standard costing
• Performance measurement
• Presenting information