Management Accounting (MA)

Develop essential management accounting techniques to support planning, control, and decision-making in business.

Applied Knowledge Level Second Paper Global Pass Rate: 70%
Management Accounting

About MA

Management Accounting (MA) teaches you to apply management accounting techniques to quantitative and qualitative information for planning, decision-making, performance evaluation, and control.

This subject builds a strong foundation for your ACCA journey, focusing on how accounting information supports management in business planning and decision-making. You'll learn cost accounting techniques, budgeting methods, and performance measurement approaches that are essential for any finance professional.

Why MA is Important

MA provides the fundamental skills needed for management accounting roles and forms the basis for higher-level ACCA papers. It helps you understand:

  • How to classify and analyze costs for decision-making
  • Budgeting techniques for planning and control
  • Performance measurement and variance analysis
  • Short-term and long-term decision-making techniques
  • How to apply management accounting concepts in business contexts

Exam Details

Duration: 2 hours
Pass Mark: 50%
Availability: March, June, September, December
Format: Computer-based exam
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MA Syllabus Areas

Cost Accounting

  • Accounting for materials, labor, and overheads
  • Cost classification and behavior
  • Absorption and marginal costing
  • Job, batch, and process costing
  • Service costing methods

Budgeting & Planning

  • Nature and purpose of budgeting
  • Budget preparation process
  • Flexible budgets and budget variances
  • Capital budgeting and investment appraisal
  • Quantitative analysis in budgeting

Standard Costing

  • Standard costing systems
  • Variance calculations and analysis
  • Material, labor, and overhead variances
  • Sales and profit variances
  • Reconciliation of budgeted and actual profit

Performance Measurement

  • Performance measurement techniques
  • Divisional performance and transfer pricing
  • Cost reduction and value enhancement
  • Non-financial performance indicators
  • Balanced scorecard approach

Decision-Making Techniques

  • Cost-volume-profit analysis
  • Relevant cost analysis
  • Limiting factor analysis
  • Pricing decisions and strategies
  • Make-or-buy and other short-term decisions

Information Systems & Technology

  • Sources of management information
  • Management reports and presentation
  • IT systems in management accounting
  • Data analysis and interpretation
  • Big data and analytics in decision-making

Skills Developed

Cost Analysis

Classify and analyze costs for effective decision-making

Budgeting Expertise

Develop and analyze budgets for planning and control

Variance Analysis

Calculate and interpret variances for performance evaluation

Decision-Making

Apply relevant costing techniques for business decisions

Performance Measurement

Design and implement performance measurement systems

Information Management

Process and present management accounting information

Master Management Accounting with CrackACCA

Build strong foundations in management accounting techniques essential for your ACCA journey

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