What you'll learn:
- It is a comprehensive course on cost and management accounting. The main purpose of this course is to enable students to pass their ACCA MA (F2) exam.
- Students will learn costing techniques as well as budgeting, variance analysis, introduction to capital budgeting and performance measurement.
- After completing this course students will be able to prepare and pass their ACCA MA (F2) exam or other exam in fundamentals in cost and management accounting.
- Working professionals will learn the fundamentals of cost and management accounting.
COURSE DESCRIPTION
WHO THIS COURSE IS FOR:
This course is for anyone and for everyone who wants to learn management accounting, costing, budgeting, planning and measuring financial performance. The course is aimed to help young accountants as well students to pass their exams, especially ACCA MA (F2) and other students completing their CIMA qualification, CA, BBA and MBA
COURSE OVERVIEW This course is focused on teaching students and young accountants the Cost and Management Accounting. It covers all the academic and theoretical topics of management accounting which are actively used in the real life. Students as well as working accountants can equally benefit from this course.
At the end of the course you can confidently claim to have complete knowledge of Cost and Management Accounting Fundamentals.
WHAT WILL BE COVERED
- Accounting for management
- Sources of data
- Presenting information
- Cost classification
- Cost behaviour
- Forecasting
- Summarising and analysing data
- Accounting for materials
- Accounting for labour
- Accounting for overheads
- Absorption and marginal costing
- Process costing
- Process costing, joint products and by-products
- Job, batch and service costing
- Alternative costing principles
- Budgeting
- The budgetary process
- Making budgets work
- Capital expenditure budgeting
- Methods of project appraisal
- Standard costing
- Cost variances
- Sales variances and operating statements
- Target setting
- Financial performance measurement
- Assessing non-financial performance
HOW ACCOUNTANTS CAN GET BENEFIT FROM THIS COURSE:
In this course we start to learn accounting from very basics on how to record the financial transactions in accounting books, make the journals, ledgers, trails balance and finally the preparation and interpretation of financial statements.
HOW STUDENTS GET BENEFIT FROM THIS COURSE
This course is created to help students pass their ACCA MA (F2) exam with high marks in the very first attempt. The list of topics (chapters) and their sequence is from BPP Learning Media which is considered as one of the world’s best publishers of accounting books.
However, students with other qualifications such as CIMA, CA, CAT, BBA or MBA can also get great value since the topics of Fundamentals of Financial Accounting remain same in all qualifications and degrees.
The course includes video tutorials for full syllabus coverage of ACCA F2 as well as videos for practice questions with solutions and explanation by the tutor. As part of the learning materials students will also find course notes and chapter presentations in PDF format.
ABOUT THE INSTRUCTOR
I am a qualified accounting and finance professional with over twenty years of professional experience. I have been teaching accounting and finance courses for over fifteen years and have taught more than twenty thousand delegates including students, young accountants, chief accountant and finance managers.
