Management Accounting

A The nature, source and purpose of management information

1.      Accounting for management

2.      Sources of data

3.      Cost classification

4.      Presenting information

B Data analysis and statistical techniques

1.                 Sampling methods

2.                 Forecasting techniques

3.                  Summarising and analysing data

4.                    Spreadsheets

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

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

E Standard costing

1.            Standard costing system

2.             Variance calculations and analysis

3.              Reconciliation of budgeted and actual profit

F Performance measurement

1.           Performance measurement – overview

2.            Performance measurement – application

3.           Cost reductions and value enhancement

4.           Monitoring performance and reporting