Management Accounting

This paper addresses the application of skills required by accountants in providing information to inform management decision making in commercial and other enterprises. It builds upon the basics of management accounting and business management from the Foundation level and, in particular, provides the opportunity for you to develop a critical understanding of the issues relating cost management, cost control and strategic decision making.

Management Accounting learning outcomes

1. Explain the role of the management accountant in the commercial and economic environment and the effective use of accounting information within organisations
2. Explain the need for strategic and business analysis and evaluate strategic options and make appropriate recommendations towards practical implementation
3. Prepare information for financial control, decision support and strategic aspects of management accounting and analyse complex problems in an accounting and business context

In addition to comprehensive syllabus targeted material our Learning & Practice Workbook offers:

• Exam focus - we have taken account of recent exams, guidance the examiner has given and the assessment methodology
• Help to study in the way that best suits your learning style and the time you have available
• Assistance with creating a personal study plan
• A way to review your progress through Fast forwards, Exam focus points, Chapter roundups and Quick quizzes
• Exam question bank containing AIA exam-standard questions with answers