Learning Options
- Live Interactive Sessions
- Dedicated 1-to-1 Tutor Support (30-min Weekly)
- Expert Trainers with Industry Experience
- Flexible Schedule
- Networking Opportunities
- High Pass Rates
- 24/7 Personalised Support
Overview
The Managing Costs and Finance (MA2) Course is tailored for individuals seeking to deepen their understanding of cost accounting and financial management. Designed for aspiring finance and accounting professionals, this course focuses on equipping learners with the ability to manage costs, prepare budgets, and support financial decision-making processes.
This course emphasises mastering cost behaviours, budgeting techniques, and performance evaluation methods that are crucial for effective organisational operations. Learners will explore how to apply financial principles in practical settings, ensuring they add value to business performance.
Part of the foundational ACCA suite, this course builds expertise in cost management, budget preparation, and financial performance analysis. These skills empower learners to progress to advanced levels of study and pursue dynamic roles in financial and management accounting.
Course Objectives
Develop a solid understanding of cost classification, cost behaviour, and accounting techniques
Gain proficiency in preparing budgets and managing financial resources effectively
Master the analysis of financial performance and cost control mechanisms
Build competence in supporting financial decision-making with accurate data analysis
Learn to apply ethical considerations in cost and financial management
Upon completion, learners will possess the essential knowledge and skills to contribute effectively to cost and financial management functions, providing a robust foundation for further ACCA qualifications and a thriving career in finance.
Average completion time
1 Monthwith unlimited support
100% onlineStart anytime
Study At Your Own PaceBlended Learning
Study At Your Own PaceCourse Includes
- Expert-led Sessions
- Digital Delegate Pack
- 24/7 Tutor Support
- Downloadable Resources & Challenges
- Interactive Learning
- Exercise Files
- Scenario-Based Learning
Course Details
Develop your understanding of essential financial, business and management accounting techniques with ACCA Applied Knowledge. You'll learn basic business and management principles and the skills required of an accountant working in business.
Entry Requirements
Educational Background: No prior accounting or finance experience is necessary. However, a basic understanding of mathematics and logical reasoning will support learners in navigating the course content effectively.
Language Proficiency: Learners should possess a good command of English, as all course materials, assessments, and interactions are conducted in English.
Interest in Business and Finance: This course is ideal for individuals keen to understand how cost and financial data drive strategic decisions and for those aiming to advance their qualifications with ACCA.
MPES Support That Helps You Succeed
At MPES, we offer comprehensive support to help you succeed in your studies. With expert guidance and valuable resources, we help you stay on track throughout your course.
- MPES Learning offers dedicated support to help you succeed in Accounting and Finance courses.
- Get expert guidance from tutors available online to assist with your studies.
- Check your eligibility for exemptions with the relevant professional body before starting.
- Our supportive team is here to offer study advice and support throughout your course.
- Access a range of materials to help enhance your learning experience. These resources include practice exercises and additional reading to support your progress.
ACCA Salary Growth

Career Growth Stories
Discover how MPES Learning transforms careers with real success stories.

Aaron Allcote
As a finance officer, MPES has been a huge help in understanding the process of recording and processing transactions from all different perspectives. The courses are very easy to follow, and the training they provide can be applied to real-life scenarios. The courses have been a huge help for me, and I would highly recommend them.
Aaron Allcote
Bob Beaumont
I completed all of my ACA studies with MPES and I think you would struggle to find a better training provider anywhere in the British Isles. MPES' tutors are excellent both at delivering training and giving individualised feedback and coaching. the supporting materials and the out of class support are also great.
Bob Beaumont
Arvy Pasanting
As a qualified accountant, studying with MPES has been very rewarding experience. Its team of passionate and dedicated mentors gave me the confidence and knowledge I needed to not just at excel in my current role as an auditor, but also inspired me to expand my horizons.
Arvy Pasanting
David Ford
I was recommended MPES after searching for a way to pursue a career in the accounting profession, I have studied with them throughout my journey utilising online learning opportunities that fit around the needs of my employer.
David Ford
Aaron Allcote
As a finance officer, MPES has been a huge help in understanding the process of recording and processing transactions from all different perspectives. The courses are very easy to follow, and the training they provide can be applied to real-life scenarios. The courses have been a huge help for me, and I would highly recommend them.
Aaron Allcote
Bob Beaumont
I completed all of my ACA studies with MPES and I think you would struggle to find a better training provider anywhere in the British Isles. MPES' tutors are excellent both at delivering training and giving individualised feedback and coaching. the supporting materials and the out of class support are also great.
Bob Beaumont
Arvy Pasanting
As a qualified accountant, studying with MPES has been very rewarding experience. Its team of passionate and dedicated mentors gave me the confidence and knowledge I needed to not just at excel in my current role as an auditor, but also inspired me to expand my horizons.
Arvy Pasanting
David Ford
I was recommended MPES after searching for a way to pursue a career in the accounting profession, I have studied with them throughout my journey utilising online learning opportunities that fit around the needs of my employer.
David FordACCA Roadmap

Have Questions? We’ve Got You
If you have any questions, we’re here to help. Find the answers you need in the MPES detailed FAQ section.
Q. What is the ACCA Maintaining Financial Records course about?
The
course covers foundational bookkeeping concepts, focusing on recording
financial transactions and producing accurate financial statements. It equips
delegates with essential skills to manage financial records effectively,
adhering to professional standards and practices.
Q. Who should attend this course?
This
course is tailored for individuals in bookkeeping, accounts, or finance roles.
It is ideal for those aiming to improve their financial recording skills,
particularly entry-level professionals looking to build a solid foundation in
accounting.
Q. What will I learn from this course?
Delegates
will gain expertise in recording, processing, and managing financial
transactions. The course also teaches the preparation of financial statements,
ensuring compliance with accounting principles and offering valuable insights
into financial management.
Q. Can I pursue this course without prior accounting experience?
Yes,
this course is designed for beginners and does not require prior accounting
experience. It provides a comprehensive introduction to bookkeeping and
financial records, making it accessible to individuals new to the field.
Q. What career opportunities does this course offer?
Completing
this course opens doors to roles such as bookkeeper, accounts assistant, or financial
administrator. It also lays the groundwork for further ACCA studies, advancing
career growth in accounting and finance.
Q. What key skills will I develop in this course?
You will gain essential skills in recording financial transactions, maintaining accurate financial records, and understanding double-entry bookkeeping principles. The course also focuses on preparing financial statements for sole traders and partnerships.
Q. What topics are covered in this course?
The course covers areas such as the principles of accounting, the role of financial reporting, bookkeeping methods, preparation of journals and ledgers, bank reconciliations, and the extraction of trial balances.
Q. Is this course suitable for beginners in accounting?
Yes, the course is ideal for individuals who are new to accounting or finance and want to build a strong foundation in maintaining financial records. It is also suitable for those looking to formalise their bookkeeping knowledge.
Q. What type of support is available during the course?
Learners have access to tutor support, detailed course materials, and practice exercises. Additionally, resources such as online forums are available to enhance understanding and engagement.
Q. How can this course benefit my career?
Completing the Maintaining Financial Records (FA2) Course can improve your employability by equipping you with recognised accounting skills, preparing you for roles such as bookkeeper, accounts assistant, or finance administrator. It also serves as a stepping stone to advanced accounting qualifications.
Q. What is the Managing Costs and Finance (MA2) course about?
The course provides comprehensive knowledge of cost accounting and financial management principles, teaching learners to manage costs, prepare budgets, and analyse financial performance, essential for organisational decision-making and strategic planning.
Q. Who is this course suitable for?
This course is designed for aspiring Accountants, Finance Professionals, and individuals keen to develop expertise in cost management and financial planning, particularly those aiming to pursue higher-level ACCA qualifications or finance roles.
Q. Are there any prerequisites for this course?
No prior accounting or finance experience is required. However, a basic understanding of mathematics and logical reasoning, along with proficiency in English, will help learners navigate the course material effectively.
Q. How does this course contribute to a finance career?
It equips learners with essential cost and financial management skills, enabling them to support organisational decision-making and prepare for advanced ACCA qualifications, opening pathways to dynamic roles in finance and management accounting.
Q. What materials and support are provided?
Learners will receive comprehensive study materials, practical exercises, and access to professional support, ensuring a thorough understanding of cost management principles and their application in real-world scenarios.
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Resources
Access a wide range of free resources to support your learning journey. From blogs to news and podcasts, these valuable guides are available at no cost to help you succeed.

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