MA Textbook Syllabus
Chapter 1
Syllabus A. Management Information
A1. Accounting for Management
- A1a. Purpose and role
- A1b. Financial vs Management accounting
- A1c. Managerial processes
- A1d. Strategic, Tactical and Operational planning
- A1e. Data vs information
- A1f. Good Information
- A1g. Limitations of Management Info
A2. Sources of Data
A3. Cost Classification
- A3ad. Production & Non-Production costs
- A3b. Elements of non production costs
- A3c. Elements of production cost
- A3e. Product/service costs
- A3f. Codes in categorising transaction
- A3g. Types of cost behaviour
- A3j. Cost objects, cost units and cost centres
- A3k. Cost, profit, investment and revenue centres
- A3l. Differing needs for information
A4. Presenting Information
All subject exam questionsChapter 2
Syllabus B. Data Analysis And Statistical Techniques
B1. Sampling methods
All subject exam questionsB2. Forecasting techniques
- B2a. Linear functions and equations
- B2bc. High/low analysis
- B2d. Scatter diagrams and lines of best fit
- B2e. Analysis of cost data
- B2fh. Linear regression analysis
- B2g. Price movements
- B2i. Time series - Components
- B2j. Moving averages
- B2l. Budget forecasts
- B2m. Time Series Analysis
- B2no. Index Numbers
- B2p. Product life cycle
B3. Summarising and analysing data
Chapter 3
Syllabus C. Cost Accounting Techniques
C1. Material, Labour and Overheads
- C1ai. Ordering, receiving and issuing of materials
- C1aii. Physical and ‘book’ inventory
- C1aiii. Material inventory a/c
- C1aiv. Costs of ordering and holding inventory
- C1av. Optimal reorder quantities
- C1avi. Optimal reorder quantities with discounts
- C1avii. Minimise inventory costs
- C1aviii. Establishing reorder levels
- C1aix. LIFO, FIFO and average methods
- C1bi. Direct and indirect costs of labour
- C1bii. Labour costs to work done
- C1biii/vii. Labour Account - Journal And Ledger Entries
- C1biv. Remuneration methods
- C1bv. Labour Turnover
- C1bvi. Labour ratios
- C1ci. Direct and indirect expenses for overheads
- C1cii iii. Production overhead absorption rates
- C1ciii/v. Appropriate bases for absorption rates
- C1iv. Reapportion service centre costs
- C1cvii. Under & Over Absorption
- C1cvi. Manufacturing overheads
C2. Absorption and Marginal Costing
- C2a. Contribution
- C2b. Absorption and Marginal Costings
- C2c. Profit or loss
- C2d. Reconcile the profits or losses
- C2e. Advantages and disadvantages
C3. Cost Accounting Methods
- C3ai. Job and batch costing
- C3aii. Use of job or batch costing
- C3aiii-iv. Cost records and account
- C3bi. Process costing
- C3bii. Use of process costing
- C3biii/iv. Normal Loss And Abnormal Losses & Gains
- C3bv. Process accounts
- C3bvi/viii. Equivalent units
- C3bvii. Apportion process costs
- C3bix. Process accounts & losses and gains
- C3bx. By-Products & Joint Products
- C3bxi. Value By-Products & Joint Products
- C3bxii. Accounting By-Products & Joint Products
- C3ci. Service/operation costing
- C3cii. Suitable unit cost measures
- C3ciii. Service cost analysis
C4. Alternative Cost Accounting
All subject exam questionsChapter 4
Syllabus D. Budgeting
D1. Purpose of Budgeting
- D1a. Organisations & budgeting
- D1b. Planning and control cycle
- D1c. Administrative procedures
- D1d. Stages in the budgeting process
D2. Budget Preparation
- D2a. Principal budget factor
- D2bc. Sales & Functional budgets
- D2d. Cash budgets
- D2e. Master budgets
- D2f. ‘What if’ analysis
D3. Flexible Budgets
All subject exam questionsD4. Capital Budgeting and Discounted Cash Flows
- D4a. Capital investment
- D4b. Asset and Expense Expenditure
- D4c. Capital expenditure budget
- D4d. Simple and compound interest
- D4e. Compounding and discounting
- D4f. Cash flow and profit
- D4g. Relevant cash flows
- D4h. Net present value (NPV) and Internal rate of return (IRR)
- D4i. Annuity and perpetuity formulae
- D4jk. Payback
D5. Budgetary Control and Reporting
D6. Behavioural Aspects of Budgeting
- D6a. Motivation in performance management
- D6b. Influencing motivation
- D6c. Targets upon motivation
- D6d. Managerial incentive schemes
- D6ef. Top down & bottom up approaches
Chapter 5
Syllabus E. Standard Costing
E1. Standard Costing Systems
E2. Variance Calculations and Analysis
- E2a. Sales price and volume variances
- E2b. Materials price and usage variances
- E2c. Labour Rate, Efficiency and Idle Time Variances
- E2d. Variable overhead total, expenditure and efficiency variances
- E2e. Fixed overhead total, expenditure, volume, capacity and efficiency variances
- E2f. Interpret variances & possible causes
- E2g. Factors to consider before investigating
- E2i. Actual or standard figures
E3. Reconciliation of Budgeted and Actual Profit
All subject exam questionsChapter 6
Syllabus F. Performance Measurement
F1. Overview
- F1a. Mission statements
- F1b. Strategic,operational and tactical objectives
- F1c. Economic and market conditions
- F1d. Government regulation
F2. Application
- F2a. Measures of financial performance
- F2a. Measuring Profitability
- F2a. Measuring Liquidity
- F2a. Measuring Efficiency
- F2a. Measuring Risk
- F2a/F4a. Non financial measures
- F2b. The balanced scorecard
- F2bi. Advantages and limitations of the balanced scorecard
- F2bii/iii. Critical success factors and key performance indicators
- F2c. Economy, efficiency and effectiveness
- F2c. Performance indicator
- F2d. Contract and process costing environments
- F2eg. Resource utilisation
- F2f. Profitability in Performance Measure
F3. Cost Reductions and Value Enhancement
All subject exam questionsF4. Monitoring Performance and Reporting
- F4e. Managerial performance
- F4f. Benchmarking in Performance measure
- F4g. Management attention and recommendations