Management Accounting (MA)

Course Objective

The objective of the course is to develop knowledge and understanding of management accounting techniques to support management in planning, controlling and monitoring performance in a variety of business contexts.

Learning Outcome

After completion of the course students are expected to have the following competence:

1. Explain the nature, source and purpose of management information
2. Explain and analyze data analysis and statistical techniques
3. Explain and apply cost accounting techniques
4. Prepare budgets for planning and control
5. Compare actual costs with standard costs and analyze any variances
6. Explain and apply performance measurements and monitor business performance

Content

Section One: The nature, source and use of management information

Section Two: Cost accounting techniques

Section Three: Costing techniques

Section Four: Analysis of data, statistical tools and Techniques

Section Five: Budgeting

Section Six: Public Sector Organizations’ Perspective