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Mai Studies Original · Accounting & Finance

ACCA Study Support: Management Accounting (MA)

A complete Mai Studies study-support programme for learners preparing for the ACCA Applied Knowledge paper Management Accounting. Every module contains original written notes with worked numerical examples, a tutor-voice classroom transcript, a practical activity with a worked solution, a mock test with explained answers and a marked written assignment. Mai Studies is an independent provider: it is not ACCA, is not an ACCA Approved Learning Partner, and this programme carries no exam credit or exemption.

10 weeks 60 guided hours Foundation
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Included with Mai Studies membership at no extra cost. Fee waivers are available through scholarships and open access.

ACCA Study Support: Management Accounting (MA) course artwork

What you will achieve

  • Classify costs by behaviour, function and traceability
  • Apply absorption and marginal costing and reconcile the profit difference
  • Cost products using job, batch, process and service costing
  • Prepare functional and cash budgets from stated assumptions
  • Calculate and interpret sales, material, labour and overhead variances
  • Apply relevant costing and cost-volume-profit analysis to short-term decisions
  • Measure performance using financial and non-financial indicators

Entry guidance

  • — Confident with basic arithmetic and percentages
  • — No prior accounting study required
  • — Around six study hours each week

Original Mai Studies learning material. This is a professional completion programme, not a regulated qualification or university accreditation.

Programme syllabus

8 applied modules

Lessons
8
Assessed tasks
8
Practice questions
120
Timed mock papers
2
01

Cost classification and cost behaviour

What management accounting is for, how costs are classified, and how to separate fixed and variable elements.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Cost classification, behaviour and estimation37 min study · 3 learning objectives · practical activity

    How costs are classified and how the fixed and variable elements of a mixed cost are separated.

  • Cost behaviour analysis — marked out of 100, pass at 80%
02

Materials, labour and overhead costing

Inventory valuation, labour cost and efficiency, and absorbing overheads into products.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Materials, labour and overhead absorption37 min study · 3 learning objectives · practical activity

    Valuing inventory, measuring labour efficiency and absorbing production overhead into cost units.

  • Overhead absorption report — marked out of 100, pass at 80%
03

Absorption and marginal costing

Two ways of treating fixed production overhead, and why reported profit differs between them.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Absorption and marginal costing35 min study · 3 learning objectives · practical activity

    Contribution, the treatment of fixed production overhead, and reconciling the two profit figures.

  • Marginal and absorption profit reconciliation — marked out of 100, pass at 80%
04

Costing methods: job, batch, process and service

Choosing a costing method to suit the production environment, including losses and work in progress.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Job, batch, process and service costing38 min study · 3 learning objectives · practical activity

    Matching the costing method to the production environment, including normal loss and equivalent units.

  • Process costing case — marked out of 100, pass at 80%
05

Budgeting and cash forecasting

Purpose of budgets, functional budgets, cash budgets and behavioural effects of budgeting.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Budgeting and cash forecasting36 min study · 3 learning objectives · practical activity

    Why budgets are prepared, how functional budgets link together, and how to build a cash budget.

  • Budget pack — marked out of 100, pass at 80%
06

Standard costing and variance analysis

Setting standards, flexing a budget, and calculating and interpreting the main variances.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Standard costing and variance analysis37 min study · 3 learning objectives · practical activity

    Flexing the budget and explaining the difference between expected and actual performance.

  • Variance investigation report — marked out of 100, pass at 80%
07

Short-term decision making

Relevant costs, cost-volume-profit analysis, limiting factors and make-or-buy decisions.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Relevant costing, breakeven and short-term decisions37 min study · 3 learning objectives · practical activity

    Deciding what matters to a decision, and using contribution to answer practical questions.

  • Decision-making memorandum — marked out of 100, pass at 80%
08

Performance measurement

Financial ratios, non-financial indicators, divisional measures and the risks of measuring the wrong thing.

1 lesson · 15 practice questions · 1 assessed task

  1. 1. Performance measurement and reporting40 min study · 3 learning objectives · practical activity

    Choosing indicators that reflect real performance, and recognising when measurement distorts behaviour.

  • Performance review — marked out of 100, pass at 80%

Timed mock papers

  • ACCA Study Support: Management Accounting (MA): timed mock paper 1 — 180 minutes, 50 objective questions plus written and computational tasks
  • ACCA Study Support: Management Accounting (MA): timed mock paper 2 — 180 minutes, 50 objective questions plus written and computational tasks

Lesson pages, assessed tasks and mock papers open the moment you join this programme. Teaching material is studied online; the notes you write are yours to download.

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