Management Information (MA1)

• Educational Background: No prior accounting or finance experience is required. However, a basic understanding of mathematics and logical reasoning is beneficial for navigating the course content effectively. 

• Language Proficiency: Learners should have a good command of English, as all materials, assessments, and discussions are conducted in English. 

• Interest in Business and Finance: This course is ideal for those interested in learning how financial data can be used to guide strategic decisions and seeking to pursue further qualifications with ACCA. 

• Understand Costing Principles: Learn to classify and analyse costs to support effective financial planning and business resource management. 

• Develop Budgeting Skills: Gain practical expertise in preparing budgets, forecasting, and understanding their role in organisational performance management. 

• Measure Performance: Understand key performance indicators (KPIs) and variance analysis techniques to assess and improve organisational efficiency. 

• Build a Strong Foundation for Further Learning: Acquire the essential knowledge and skills needed to progress to higher-level ACCA qualifications, specialising in management accounting and business strategy. 

The Management Information (MA1) Course is perfect for learners aiming to build their expertise in management accounting or kickstart their journey toward a professional qualification in finance. Below are the roles and individuals who can benefit from this course: 

• Aspiring Management Accountants 

• Finance Administrators 

• Junior Financial Analysts 

• Accounts Assistants 

• Business Support Officers 

• Budgeting Assistants 

• Module 1: A The nature and purpose of cost and management accounting
  • Nature of business organisation and the accounting systems
  • Nature and purpose of management information
     
• Module 2: Transaction processing
  • Transaction processing systems
  • Coding system
     
• Module 3: Cost classification and measurement
  • Cost classification and behaviour
  • Cost units, cost centres, profit centres and investment centres
     
• Module 4: Accounting for costs
  • Accounting for materials
  • Accounting for labour
  • Accounting for other expenses
  • Accounting for product costs
     
• Module 5: Spreadsheets
  • Spreadsheets overview
  • Creating and using spreadsheets
  • Presenting and printing spreadsheet data/information