CIMA Certificate in Business Accounting - Fundamentals of Management Accounting module BA2

This module forms part of the Certificate in Business Accounting (Cert BA), which is an introductory finance qualification by the Chartered Institute of Management Accountants (CIMA) - the world’s largest leading professional body of management accountants. The Cert BA qualification is an ideal introduction to core business and finance skills for individuals with little or no previous accounting knowledge. With this qualification, students can work as an accounts assistant or in a management consultancy. Successful completion of this Fundamentals of Management Accounting module course will contribute towards achieving the Certificate in Business Accounting.

Course Content

The Context of Management Accounting

• The purpose of management accounting
• The role of the Management Accountant
• The role of CIMA as a professional body for Management Accountants

Costing

• Cost identification and classification
• Absorption and marginal costing

Planning and Control

• Preparing budgets
• Applying variance analysis to reconcile budgeted and actual profits in a marginal format
• Financial and non-financial performance measures
• Preparing accounts and reports for managers

Decision Making

• The impact of risk
• Techniques for short-term decision-making
• Techniques for long-term decision-making