Management Accounting

Introduction

Lecturer:
Faraz Ahmed Quddusi
Invest in Yourself
 Course Outline
Course Contents and Schedule
Module / Resources Session Topics # Sessions Assignments Quizzes
Module 1: Management Accounting Basics 11 4 1
Slides Introduction to Management Accounting 1
Slides Need for MA, Cost Terms, Key concepts 2
Slides + Study Text Process Costing 3
Slides + Study Text Job Order Costing 3
Slides + Study Text Cost Behaviour: Analysis and Use 1
Slides + Study Text Cost Volume Profit Relationships 1
FIRST TERM EXAMINATION
Module 2: The Management Accountants P&L 9 5 1
Slides + Study Text Accounting for Labour 1
Slides + Study Text Accounting for Overheads 1
Slides + Study Text Marginal & Absorptional Costing 2
Slides + Study Text Activity Based Costing 3
Slides + Study Text Alternative Cost Accounting Practices 2
SECOND TERM EXAMINATION
Module 3: Budgeting and Decision Making 10 4 1
Slides + Study Text Budgeting 1
Slides + Study Text Quantitative Analysis in Budgeting 3
Slides + Study Text Standard Costing & Basic Variance Analysis 3
Slides + Study Text Management Accounting for Decision Making 1
Slides + Handouts Case Study 2
FINAL EXAMINATION
Managerial Accounting for Managers, Second Edition,
Study Text Noreen, Brewer & Garrison
 Need for Information!

Financial
Business
Accounting
Transactions
Information

Management
Accounting

Information for
Decision Making
Characteristics of Information

Characteristics that make information useful:

Relevance
Reliability
Completeness
Timeliness
Understandability
Verifiability
Accessibility
Characteristics of Information