FMA Management Accounting

The syllabus introduces candidates to elements of management accounting which are used to make the support decisions.

Main topic areas

• The nature, the source and purpose of cost accounting and the costing techniques used in business which are essential for any management accountant
• The preparation and use of budgeting and standard costing and variance analysis
• Introduction of measuring and monitoring the performance of an organization.

Examination structure

• The examination comprises of 50 two mark compulsory multi-task questions (MTQs). MTQs contain a series of tasks which relate to one or more scenarios
• It is assessed by 2 hour paper based or computer based examination.
• The pass mark is 50%