ACCA Management Accounting (MA)

About this Paper

Management Accounting introduces the fundamental concepts and techniques required to plan, control, and monitor business performance. This paper focuses on preparing and analysing quantitative and qualitative information to support management decision-making across various business contexts. It builds the critical skill of using financial data to manage costs, formulate budgets, and evaluate the performance of different operational areas within an organisation.

What You'll Learn (Curriculum)

• The core nature, purpose, and scope of management accounting.
• Principles of cost accounting techniques, including classification, behaviour, and purpose.
• How to prepare and use budgets as a planning and control tool.
• Techniques for short-term decision-making like relevant costing and limiting factors.
• Standard costing, variance analysis, and methods for assessing and controlling performance.