Aim
To develop knowledge and understanding of management accounting techniques to support management in planning, controlling and monitoring performance in a variety of business context.

 Main capabilities

On successful completion of this paper, candidates should be able to:

A  Explain the nature, source and purpose of management information

B  Explain and apply cost accounting techniques

C  Prepare budgets for planning and control

D  Compare actual costs with standard costs and analyse any variances

E  Explain and apply performance measurements and monitor business performance.