ACCA MA (Management Accounting)

ACCA Management Accounting introduces the elements of management accounting which are used to support decision-making in an organisation.
Management accounting (MA) aims to develop knowledge and understanding of management accounting techniques to support management in planning, controlling and monitoring business performance. This knowledge is then the platform to grow further in the skills and professional exams, PM, APM and SBL.
The Management Accounting (MA)/FMA syllabus introduces candidates to management accounting elements that are used to make and support decisions.
The syllabus starts by introducing the nature, the source and purpose of management information followed by the statistical techniques used to analyse data. Then the syllabus addresses cost accounting and the costing techniques used in a business which is essential for any management accountant. The syllabus then looks at the preparation and use of budgeting and standard costing and variance analysis as vital tools in planning and controlling business activities. The syllabus concludes with an introduction to measuring and monitoring the performance of an organisation.

ACCA MA Syllabus:

• Explain the nature, source and purpose of management information
• Explain and apply data analysis and statistical techniques
• Explain and apply cost accounting techniques
• Prepare budgets for planning and control
• Compare actual costs with standard costs and analyse any variances
• Explain and apply performance measurements and monitor business performance.