ACCA Management Accounting Module - ACCA MA F2

This ACCA MA F2 Management Accounting module is designed to develop learners' understanding of management accounting techniques to support management. During this course, you'll gain an understanding of the nature and purpose of management accounting, explore costing techniques, and the tools for planning and controlling business activities. To achieve the full ACCA membership qualification you will need to complete this course, as well as 12 other modules. Alternatively, you can complete this module, plus the ACCA BT F1 Business and Technology and ACCA FA F3 Financial Accounting modules to achieve the ACCA Fundamentals - Applied Knowledge qualification. If you're looking to simply develop your management accounting knowledge, you can also study this course on its own. Read our guide to the ACCA course and modules.

Course Content

Section A The nature, source, and purpose of management information

• Accounting for management
• Sources of data
• Cost classification
• Presenting information

Section B Data analysis and statistical techniques

• Sampling methods
• Forecasting techniques
• Summarising and analysing data
• Spreadsheets

Section C Cost accounting techniques

• Accounting for materials, labour, and overheads
• Absorption and marginal costing
• Cost accounting methods
• Alternative cost accounting principles

Section D Budgeting

• Nature and purpose of budgeting
• Budget preparation
• Flexible budgets
• Capital budgeting and discounted cash flow
• Budgetary control and reporting
• Behavioural aspects of budgeting

Section E Standard costing

• Standard costing system
• Variance calculations and analysis
• Reconciliation of budget and actual profit

Section F Performance measurement

• Performance management - overview
• Performance management - application
• Cost reductions and value enhancement
• Monitoring performance and reporting