MS Suggested Study Guide for May 2023 LECPA

(Designate a specific day of the week devoted for MS)

Suggested steps to master MS

1 Read the concept notes to gain a bird's eye view of topic coverage and master the basics
2 Watch the recorded lectures simultaneously with the handouts
3 Answer the drills in the handouts before watching the video discussion of answers
4 Watch the video discussion of drill questions and learn new approaches. Focus on your wrong answers and analyze yo
5 Answer on-line quizzers to test your proficiency. Also develop your speed, accuracy, and endurance.
6 Attend bi-monthly consultations to validate learnings and to clarify topics you deem difficult.
7 Feel free to message your reviewer for further concerns.
n.b. The above steps can be modified based on your personal learning styles. You know what will work best for you

The following is the suggested completion of the topics under MS, you can go faster but not slower. Choose which will work

Topic # Title FAST PACED

1 Basic Considerations
2 Cost behavior and CVP Month Week #
3 Standard Costing October 1
4 Variable and Absorption 2
5 Budgeting 3
6 Pricing 4
7 Relevant Costing
8 Capital budgeting November 1
9 FS Analysis 2
10 Performance Evaluation 3
11 Financial Markets 4
12 Working capital management 5
13 Short-term financing
14 Long-term financing December 1
15 Risk and Leverage 2
16 Quantitative techniques 3
17 Economics 4

January 1
2
3
4

February 1
2
3
4
March 1
2
3
4
5

April 1
2
3
4

May 1
2
3
4
 MS Suggested Study Guide for May 2023 LECPA
(Designate a specific day of the week devoted for MS)

opic coverage and master the basics

e video discussion of answers

n new approaches. Focus on your wrong answers and analyze your mistakes.
develop your speed, accuracy, and endurance.
and to clarify topics you deem difficult.

personal learning styles. You know what will work best for you.

r MS, you can go faster but not slower. Choose which will work best for you. You can also modify while you progress.

FAST PACED SLOW PACED

Topic Month Week #

Basic Considerations October 1
Cost behavior and CVP 2
Standard Costing 3
Catch-up back-log on the topics covered 4

Variable and Absorption November 1

Budgeting 2
Pricing 3
Catch-up back-log on the topics covered 4
Relevant Costing 5

Capital budgeting December 1

FS Analysis 2
Relax and enjoy the holidays 3
Relax and enjoy the holidays 4

Performance Evaluation January 1

Financial Markets 2
Working capital management 3
Catch-up back-log on the topics covered 4

Short-term financing February 1

First Pre-board 2
Long-term financing 3
Catch-up back-log on the topics covered 4
Risk and Leverage March 1
Quantitative techniques 2
Economics 3
Catch-up back-log on the topics covered 4
Go over all the topics and identify weak areas 5

Focus efforts on mastering weak areas April 1

Focus efforts on mastering weak areas 2
Final Pre-board 3
Focus efforts on mastering weak areas 4

Pre-week May 1
LECPA 2
Waiting period 3
Welcome to the Profession! 4
you. You can also modify while you progress.

SLOW PACED

Topic
Basic Considerations
Cost behavior and CVP
Catch-up back-log on the topics covered
Standard Costing

Variable and Absorption

Catch-up back-log on the topics covered
Budgeting
Pricing
Catch-up back-log on the topics covered

Relevant Costing
Capital budgeting
Relax and enjoy the holidays
Relax and enjoy the holidays

FS Analysis
Performance Evaluation
Catch-up back-log on the topics covered
Financial Markets

Working capital management

First Pre-board
Short-term financing
Catch-up back-log on the topics covered
Long-term financing
Risk and Leverage
Catch-up back-log on the topics covered
Quantitative techniques
Economics

Go over all the topics and identify weak areas

Focus efforts on mastering weak areas
Final Pre-board
Focus efforts on mastering weak areas

Pre-week
LECPA
Waiting period
Welcome to the Profession!
 TOPIC COVERAGE OF MONTHLY ASSESSMENT- 3rd Batch

Month Week # Topic

December 1 Basic Considerations in MAS
2 Variable and Absorption Costing
3 CVP and BEP Analysis

January 1 FS Analysis
2 Budgeting
3 Standard Cost and Variances

February 1 Performance Evaluation

2 Pricing Decisions
3 Relevant Costing

March 1 Strategic Cost Management

2 Quantitative Techniques
3 Working Capital Management

April 1 Short-term Financing

2 Long-term Financing
3 Capital Budgeting

May 1 Risk and Return

2 Economics