Description
In ACCA FMA Management Accounting (formerly F2) you will gain an in-depth understanding of management accounting techniques to support management in planning, controlling and monitoring performance in a variety of business contexts.
About the Lecturer
Stephen is a member of the Association of Chartered Certified Accountants (ACCA) and is dedicated to ensure your success in ACCA Taxation. Stephen provides expert taxation tuition and produces his own student friendly tax manual. As a former ACCA Advanced Taxation prizewinner, Stephen is fully aware of the need to made complex taxation principles simple and he couples his practicing experience with that of his academic experience to produce outstanding exam results, far exceeding the ACCA average.
Why choose PAT for your ACCA exam preparation?
ACCA FMA Management Accounting Syllabus & Exam
Aim
The aim of ACCA FMA Management Accounting (formerly F2) is to o develop knowledge and understanding of management accounting techniques to support management in planning, controlling and monitoring performance in a variety of business contexts.
Objective of the Syllabus
- Explain the nature, source and purpose of management information
- 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.
Exam Format
The syllabus is assessed by a two hour paper-based or computer-based examination. Questions will assess all parts of the syllabus and will test knowledge and some comprehension or application of this knowledge. The examination will consist of two sections. Section A will contain 35 two mark objective questions. Section B will contain 3 ten mark multi-task questions each of which will examine Budgeting, Standard costing and Performance measurement sections of the syllabus.
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