Management Accounting

Description

ACCA is one of the fastest growing association, of Chartered Accountants of UK. In this course, we are providing one of the subject, (Performance Management) of its Second level called as Skill Level. You'll develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for planning, decision-making, performance evaluation and control. The aim of the syllabus is to develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for planning, decision making, performance evaluation, and control. On successful completion of this subject, candidates should be able to analyse:

A. Identify and discuss the information, systems and developments in technology required for organisations to manage and measure performance.

B. Explain and apply cost accounting techniques.

C. Select and appropriately apply decision-making techniques to facilitate business decisions and promote efficient and effective use of scarce business resources, appreciating the risks and uncertainty inherent in business and controlling those risks.

D. Identify and apply appropriate budgeting techniques and methods for planning and control and use standard costing systems to measure and control business performance and to identify remedial action.

E. Assess the performance of an organisation from both a financial and non-financial viewpoint, appreciating the problems of controlling divisionalised businesses and the importance of allowing for external aspects.

F. Demonstrate required employability and technology skills

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