Acca Ma1 Management Information

Tags: ACCA

ACCA Foundation level. Foundation in Accountancy (FIA). Introductory certificate in financial and management accounting.

Last updated 2022-01-10 | 3.6

- Understanding the nature & purpose of cost & management accounting
- Introduction to source documents & coding
- Introduction to cost classification & measurement

What you'll learn

Understanding the nature & purpose of cost & management accounting
Introduction to source documents & coding
Introduction to cost classification & measurement
Introduction to recording costs
Introduction to the spreadsheet system

* Requirements

* No accounting experience required for this course

Description

ACCA's MA1 Management Information paper is the second paper in the ACCA's foundation level qualification. It is an international course which aims to teach students to

effectively recognise, provide and maintain management information.

No previous knowledge of accounting, additional material or software is required for this paper, although access to Microsoft excel would be beneficial.

In order to sit the ACCA exam students must apply direct to ACCA for student membership and exam entry.

In this course students will learn about:

  • The nature & purpose of cost & management accounting
  • Source documents & coding
  • Cost classification & measurement
  • Recording costs
  • The spreadsheet system

This course is for complete beginners, providing a starting point for those wanting to pursue a career in accounting as an accounting technician or those wanting to become a professional accountant but who may not meet the entry requirements to start their studies straight away with the ACCA qualification.

Who this course is for:

  • This course is for complete beginners, providing a starting point for those wanting to pursue a career in accounting as an accounting technician or those wanting to become a professional accountant but who may not meet the entry requirements to start their studies straight away with the ACCA qualification

Course content

11 sections • 62 lectures

Introduction to Management information Preview 04:32

Introduction to management accounting Preview 03:13

Key Terms Preview 00:32

Business structure Preview 06:30

Key Terms Preview 00:13

Policy's and procedures Preview 05:14

Business as an organisation quiz

Double entry bookkeeping Preview 05:16

Double entry bookkeeping quiz

Key Terms Preview 00:45

Computerised accounting system Preview 08:59

Purpose of management Preview 03:25

Key Terms Preview 00:36

Information Preview 03:29

Management accounting information Preview 05:19

Key Terms Preview 00:23

Management information v's financial information Preview 05:06

Information quiz

coding Preview 05:10

Coding quiz

Key Terms Preview 00:34

Responsibility centres Preview 02:40

Key Terms Preview 00:46

Classification of costs Preview 07:20

Cost classification quiz

Key Terms Preview 00:48

Cost behaviour Preview 03:05

Classification of costs quiz

Key Terms Preview 00:55

The material control cycle Preview 09:06

The material control cycle quiz

Valuing materials Preview 11:36

Valuing materials quiz

Key Terms Preview 00:28

Material bookkeeping entries Preview 05:01

Material bookkeeping entries quiz

Key Terms Preview 00:54

Recording labour costs Preview 02:52

Types of remuneration Preview 04:57

Labour costs quiz

Accounting for other costs Preview 06:37

Absorption of overhead costs Preview 07:15

Key Terms Preview 00:15

Budgeting process Preview 04:18

Key Terms Preview 00:39

Marginal & absorption costing Preview 10:04

Marginal & absorption costing quiz

Key Terms Preview 00:19

Job costing Preview 04:14

Batch costing Preview 02:09

Process costing Preview 06:05

Process costing quiz

Introduction to spreadsheets Preview 07:16

Performance indicators Preview 05:24

Ratios to learn Preview 00:58

Performance indicators quiz

Introduction to spreadsheets Preview 07:25

Opening/Saving spreadsheets Preview 4 pages

Formatting spreadsheets Preview 10:14

Charts and Graphs Preview 7 pages