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    Man Syllabus

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    Frederick Gbli
    This document provides an outline for a course on Management Accounting. It will cover key topics like standard costing, budgeting, variance analysis, and decision-making techniques. Students will learn how to prepare budgets, calculate variances, use management information for short-term and long-term decision making, and evaluate performance management systems. The course aims to develop students' understanding of budgeting, costing, and reporting principles for planning, control, and decision-making. It will draw from contemporary approaches like activity-based costing and throughput accounting.

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    Man Syllabus

    Uploaded by

    Frederick Gbli
    14 views4 pages
    This document provides an outline for a course on Management Accounting. It will cover key topics like standard costing, budgeting, variance analysis, and decision-making techniques. Students will learn how to prepare budgets, calculate variances, use management information for short-term and long-term decision making, and evaluate performance management systems. The course aims to develop students' understanding of budgeting, costing, and reporting principles for planning, control, and decision-making. It will draw from contemporary approaches like activity-based costing and throughput accounting.

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    This document provides an outline for a course on Management Accounting. It will cover key topics like standard costing, budgeting, variance analysis, and decision-making techniques. Students will learn how to prepare budgets, calculate variances, use management information for short-term and long-term decision making, and evaluate performance management systems. The course aims to develop students' understanding of budgeting, costing, and reporting principles for planning, control, and decision-making. It will draw from contemporary approaches like activity-based costing and throughput accounting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    14 views4 pages

    Man Syllabus

    Uploaded by

    Frederick Gbli
    This document provides an outline for a course on Management Accounting. It will cover key topics like standard costing, budgeting, variance analysis, and decision-making techniques. Students will learn how to prepare budgets, calculate variances, use management information for short-term and long-term decision making, and evaluate performance management systems. The course aims to develop students' understanding of budgeting, costing, and reporting principles for planning, control, and decision-making. It will draw from contemporary approaches like activity-based costing and throughput accounting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 4

    TARGET PROFESSIONAL INSTITUTE TPI

    ICAG PROFESSIONAL EXAMINATION

    FOR MAY. 2021

    LEVEL 2
    PAPER 2.2 MANAGEMENT ACCOUNTING

    TOPICS (SYLLABUS)

    COMPILED BY:
    FREDERICK GBLI
    TEL: 0507380935
    ICAG PROFESSIONAL EXAMINATION

    COURSE OUTLINE FOR MANAGEMENT ACCOUNTING NOV 2019 EDITION

    Management Accounting (Paper 2.2)

    The aim of this module is to ensure that students develop a knowledge and understanding of the various
    budgeting and cost accounting principles, concepts and techniques appropriate for planning, decision-
    making and control, and the ability to apply these techniques in the generation of management accounting
    reports. Students are introduced also to key management accounting concepts applied in the public sector.

    On completion of this module, candidates will reach a competency sufficient to be able to:
    (A) Identify, explain and apply contemporary approaches to standard costing of products and
    services and explain and comment on their application
    (B) Identify and explain the issues of budgetary control in management decision making and
    prepare key budgets
    (C) Use management information from variance reports to support decision making
    (D) Use management information to apply decision making techniques relevant to short-term decisions
    (E) Identify, describe and calculate relevant data for use in long term decision making and comment on
    their applications
    (F) Identify and explain the key features of effective performance management systems

    The following grid shows the relative weightings of topics within this subject and should guide the required
    study time spent on each. The marks available in the assessment will approximately equate to the weightings
    below:
    SYLLABUS COVERAGE WEIGHT Target
    (%) (%)
    (A) Contemporary approaches to Management 15 9
    (B) Budgets and Budgetary Control 15 8
    Accounting
    (C) Management Decision Making Techniques 15 9
    (D) Short Term Decision Making 20 9
    (E) Long Term Decision Making 15 11
    (F) Performance Evaluation 20 9
    TOTAL 100 55
    In the assessment, candidates may be required to:

    (A) Identify, explain and apply contemporary approaches and techniques to standard
    costing of products and services and explain and comment on their application , paying
    attention to:
     Ethical issues in Management Accounting
    o Basis / Concept of Ethics
    o Fundamental principles of resolving ethical issues
    o Threats to ethical behaviour
    o Identify and explain ethical issues relating to the preparation, presentation
    and interpretation of financial information for the management of a business.

     Models of Evaluations
    o Throughput accounting
    o Environmental accounting
    o Activity based costing
    o Total qualitymanagement
    o Balanced score card
    o Benchmarking
    o Value chain analysis
    o Re-engineering
    o Continuous improvements
    o Just in time systems
    o Cost control and cost reduction,

    (B) Identify and explain the issues of budgetary control in management decision
    making and prepare key budgets, paying attention to:

     issues of budgetary control:


    o profiling of budgets,
    o effects of budgetary control on decision makers
    o importance of negotiation and influencing in budgeting
    o constructive and destructive behaviour
     Prepare Cash budgets and a Master budget

    (C) Use management information from variance reports to support decision


    making, paying attention to:

     The calculation and interpretation of management reports including


    consideration of fixed overheads, sales margins, mix and yield variances
     Operating statements: reconciliation of budgeted results with actual results
    using variances
     Productivity, efficiency and capacity ratios
     Causes of variances
     Behavioural aspects of standard costing
    (D) Use management information to apply decision making techniques relevant to
    short-term decisions, paying attention to:

     Calculating the breakeven point, contribution and margin of safety for a single or
    multi product(s) or service(s)
     Separation of cost, profits or revenue using high – low method
     Allocation of scarce resource s to those products or services with the
    highest contribution per limiting factor
    WEEK DAY TOPIC REM
    ARKS
    1 CONCEPT OF FULL COST, THROUGHPUT ACCOUNTING**
    THROUGHPUT ACCOUNTING
    2 ACTIVITY BASE ACCOUNTING
    ACTIVITY BASE ACCOUNTING
    3 SHORT TERM DECISION MAKING TECHNIQUES: BREAKEVEN
    ANALYSIS
    BREAKEVEN ANALYSIS, HIGH AND LOW
    4 LIMITING FACTORS
    FIRST PROGRESSIVE MOCK
    5 OTHER SHORT TERM TECHNIQUES
    INVESTMENT APPRAISAL NPV
    6 INVESTMENT APPRAISAL NPV
    INVESTMENT APPRAISAL OTHER TECHS.
    7 BUDGETING
    BUDGETING
    7 STANDARD COSTING AND BASIC VARIANCES
    SECOND PROGRESSIVE MOCK
    8 OPERATING STATEMENT AND SECONDARY VARIANCES
    SECONDARY VARIANCE
    9 PRODUCTIVITY, EFFICIENCY AND CAPACITY RATIOS
    10 ETHICAL CONCEPT OF MANAGEMENT ACCOUNTING
    11 THEORIES FROM CHAPTER ONE SUCH AS TQM, JIT ETC.
    THIRD PROGRESSIVE MOCK
    12 PERFORMANCE MANAGEMENT KPI
    EVALUATION OF PERFORMANCE MANAGEMENT SYSTEMS, ROI & RI
    13 TRANSFER PRICING
    DIVISIONAL PERFORMANCE MEASURES
    14 OTHER TOPICS ( TQM ,JIT)
    FINAL MOCK 1
    16 COMPREHENSIVE REVISION
    FINAL MOCK 2
    16 INTERVENTION

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