Fundamentals of Management Accounting
Skylab Education
SCHOOL OF CHARTERED MANAGEMENT ACCOUNTING Course Title: Fundamentals of Management Accounting
Course Code: C01 Batch 131 Section: 01
Instructor: Kamruzzaman Sabbir Class Time: FRI & SAT 10.00AM – 12.00PM
Office hours: By Appointment Cell: 01674906177
Web: www.ksbcima.blogspot.com e-mail: ksb.mmu@gmail.com
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COURSE OBJECTIVES:
This paper deals with the basic techniques for the identification and control of costs and cost management. It introduces the context of management accounting in commercial and public sector bodies and its wider role in society. It identifies the position of the management accountant within organisations and the role of CIMA. Classification of costs and cost behaviour provides a basis for understanding the various tools available for planning, control and decision making. Budgetary control requires the setting of targets and standards while the analysis of variances demonstrates the levels of performance within organisations. Accounting control mechanisms are identified and applied to provide information to managers to achieve operational efficiency. Investment appraisal, break-even analysis and profit maximising are used to aid both long and short-term decision making
SYLLABUS STRUCTURE
The syllabus comprises the following topics and study weightings:
• A - The context of management accounting 10%
• B - Cost identification and behaviour 25%
• C -Planning within organisations 30%
• D - Accounting control systems 20%
• E - Decision making 15%
CO1 SUPPORTS PROFESSIONAL QUALIFICATION:
TEACHING APPROACH: Lectures, video presentations and guest lectures.
TEXT BOOKS:
CIMA CO1 Study Text-BPP Learning Media
ASSESSMENT STRATEGY
There will be a two hour computer based assessment, comprising 50 compulsory questions, each with one or more
SCHOOL OF CHARTERED MANAGEMENT ACCOUNTING Course Title: Fundamentals of Management Accounting
Course Code: C01 Batch 131 Section: 01
Instructor: Kamruzzaman Sabbir Class Time: FRI & SAT 10.00AM – 12.00PM
Office hours: By Appointment Cell: 01674906177
Web: www.ksbcima.blogspot.com e-mail: ksb.mmu@gmail.com
================================================================================
COURSE OBJECTIVES:
This paper deals with the basic techniques for the identification and control of costs and cost management. It introduces the context of management accounting in commercial and public sector bodies and its wider role in society. It identifies the position of the management accountant within organisations and the role of CIMA. Classification of costs and cost behaviour provides a basis for understanding the various tools available for planning, control and decision making. Budgetary control requires the setting of targets and standards while the analysis of variances demonstrates the levels of performance within organisations. Accounting control mechanisms are identified and applied to provide information to managers to achieve operational efficiency. Investment appraisal, break-even analysis and profit maximising are used to aid both long and short-term decision making
SYLLABUS STRUCTURE
The syllabus comprises the following topics and study weightings:
• A - The context of management accounting 10%
• B - Cost identification and behaviour 25%
• C -Planning within organisations 30%
• D - Accounting control systems 20%
• E - Decision making 15%
CO1 SUPPORTS PROFESSIONAL QUALIFICATION:
TEACHING APPROACH: Lectures, video presentations and guest lectures.
TEXT BOOKS:
CIMA CO1 Study Text-BPP Learning Media
ASSESSMENT STRATEGY
There will be a two hour computer based assessment, comprising 50 compulsory questions, each with one or more