This subject deals with the fundamental knowledge and techniques that underpin management accounting. It identifies the position of the management accountant within organisations and the role of CIMA. The subject portrays the role of management accounting in the contexts of commercial and public sector bodies and its wider role in society.
The identification and classification of costs and their behaviour provides the basis for understanding and applying the tools and techniques needed to plan, control and make decisions. Budgetary control requires the setting of targets and standards which then allow the performance of organisations to be reported and analysed by the calculation of variances. Investment appraisal, break-even analysis and profit maximisation are used to inform both long- and short-term decision making.
This subject is part of the CIMA qualification, Certificate in Business Accounting which you need to complete along with other subjects which leads to the ultimate qualification.
The Context of Management Accounting
Planning and Control
On successful completion of this subject, you will learn:
The techniques and knowledge of fundamental accounting.
The role of management accounting in a public or commercial sector.
The relevant skills to plan, control and make decisions.
The identification and classification of costs and their behaviour
Format: computer based
Availability: on demand at any of the 5,500 Pearson VUE centres around the world
Pass: A score of 100 out of 150 will represent a Pass
Length: 2 hours
Questions: Contains 60 objective test questions.
Marking: computer marked
Results: provisional result available immediately followed by confirmation no more than 48 hours later.
Please Note: Official Exam is not provided, it should be purchased separately
Registration and Access
Once you complete an online purchase you will receive confirmation of account activation. Please allow 48 hours to get access to all the modules and for your eLearning account to be set up.
If you wish to receive an invoice instead of paying online, please contact us at [email protected]. Access to the course is valid for 365 days.
Upon the successful completion of the subject Fundamentals of Management Accounting – BA2, you can advance to the next subject of the Certificate in Business Accounting (CIMA Cert BA) or if you have already completed other subjects, can apply to the final exam of Certificate in Business Accounting (CIMA Cert BA).
Who is this course for?
Small business owners
Undergraduates and graduates
Anyone with an interest in pursuing a career in management accountancy.
The BA2 – Fundamentals of Management Accounting does not require formal entry-level qualifications. You must be over the age of 16 and have basic knowledge in Mathematics, ICT and English Language.
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