MA2: Managing Cost and Finance

Course syllabus:
 
A Management information 
1. Management information requirements 
2 Cost accounting systems 
3 Cost classification 
4. Information for comparison 
5. Reporting management information 
 
B Cost recording 
1. Accounting for materials 
2. Accounting for labour 
3 Accounting for other expenses 
 
C Costing techniques 
1. Absorption costing 
2. Marginal costing 
3 Job and batch costing 
4 Process costing 
5 Service costing 
 
D Decision making 
1. Cost-volume-profit analysis 
2. Factors affecting short term decision making 
3. Principles of discounted cash flow 
 
E Cash management 
1. Nature of cash and cash flow 
2. Cash management 
3. Cash budgets 
4. Investing and financing