Learn the fundamentals of cost and management accounting through this comprehensive course designed for the FIA MA1 Management Information September 2025 examination. Master the nature and purpose of cost and management accounting while developing practical skills in transaction processing systems and data coding within costing frameworks. Explore cost classification techniques by examining how costs behave by nature, behavior patterns, and specific business purposes. Gain hands-on experience in accounting for materials, labor, and various business expenses while building proficiency in creating and utilizing spreadsheets for management information systems. Develop the analytical and technical competencies required to process, organize, and present financial data effectively for management decision-making purposes.
Overview
Syllabus
- Explain the nature and purpose of cost and management accounting
- Identify the transaction processing systems in a costing system and correctly code data
- Classify costs by nature, behaviour and purpose
- Account for material, labour and other expenses
- Create and use spreadsheets
Taught by
UOWMPAC online