ACCA MA1 Management Information

ACCA Foundation level. Foundation in Accountancy (FIA). Introductory certificate in financial and management accounting.
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  • Lectures 48
  • Length 3.5 hours
  • Skill Level Beginner Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 8/2015 English

Course Description

ACCA's MA1 Management Information paper is the second paper in the ACCA's foundation level qualification. It is an international course which aims to teach students to

effectively recognise, provide and maintain management information.

No previous knowledge of accounting, additional material or software is required for this paper, although access to Microsoft excel would be beneficial.

In order to sit the ACCA exam students must apply direct to ACCA for student membership and exam entry.

In this course students will learn about:

  • The nature & purpose of cost & management accounting
  • Source documents & coding
  • Cost classification & measurement
  • Recording costs
  • The spreadsheet system

This course is for complete beginners, providing a starting point for those wanting to pursue a career in accounting as an accounting technician or those wanting to become a professional accountant but who may not meet the entry requirements to start their studies straight away with the ACCA qualification.

What are the requirements?

  • No accounting experience required for this course

What am I going to get from this course?

  • Understanding the nature & purpose of cost & management accounting
  • Introduction to source documents & coding
  • Introduction to cost classification & measurement
  • Introduction to recording costs
  • Introduction to the spreadsheet system

What is the target audience?

  • This course is for complete beginners, providing a starting point for those wanting to pursue a career in accounting as an accounting technician or those wanting to become a professional accountant but who may not meet the entry requirements to start their studies straight away with the ACCA qualification

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction
Introduction to Management information
Preview
04:32
Section 2: Business as an organisation
Introduction to management accounting
Preview
03:13
Key Terms
Article
Business structure
Preview
06:30
Key Terms
Article
Policy's and procedures
05:14
Business as an organisation quiz
6 questions
Double entry bookkeeping
05:16
Double entry bookkeeping quiz
8 questions
Key Terms
Article
Computerised accounting system
08:59
Section 3: Management information
Purpose of management
03:25
Key Terms
Article
Information
03:29
Management accounting information
05:19
Key Terms
Article
Management information v's financial information
05:06
Information quiz
10 questions
coding
05:10
Coding quiz
5 questions
Section 4: Classification of costs
Key Terms
Article
Responsibility centres
02:40
Key Terms
Article
Classification of costs
07:20
Cost classification quiz
5 questions
Key Terms
Article
Cost behaviour
03:05
Classification of costs quiz
14 questions
Section 5: Material costs
Key Terms
Article
The material control cycle
09:06
The material control cycle quiz
6 questions
Valuing materials
11:36
Valuing materials quiz
6 questions
Key Terms
Article
Material bookkeeping entries
05:01
Material bookkeeping entries quiz
4 questions
Section 6: Labour costs
Key Terms
Article
Recording labour costs
02:52
Types of remuneration
04:57
Labour costs quiz
10 questions
Section 7: Expenses and absorbtion of overhead cost
Accounting for other costs
06:37
Absorption of overhead costs
07:15
Key Terms
Article
Budgeting process
04:18
Key Terms
Article
Marginal & absorption costing
10:04
Marginal & absorption costing quiz
7 questions
Section 8: Costing
Key Terms
Article
Job costing
04:14
Batch costing
02:09
Process costing
06:05
Process costing quiz
4 questions
Introduction to spreadsheets
07:16
Section 9: Performance indicators
Performance indicators
05:24
Ratios to learn
Article
Performance indicators quiz
10 questions
Section 10: Spreadsheets
Introduction to spreadsheets
07:25
Opening/Saving spreadsheets
4 pages
Formatting spreadsheets
10:14
Charts and Graphs
7 pages
Section 11: Revision
Revision
19:48
Mock Exam
50 questions

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Instructor Biography

Ruth McDougall, Accounting/ bookkeeping tutor

My name is Ruth McDougall, I am a part qualified accountant through ACCA (The association of chartered certified accountants), and an ICB (Institute of Certified Bookkeepers) approved learning provider.

I started my accountancy studies many years ago with the ACCA's foundation in accounting and progress from there through the ACCA's fundamental papers and more recently the ACCA's professional papers. For two of my ACCA exams I placed within the top 10 highest scorers in the world. This prompted me to do a lot of research into teaching styles and learning techniques.

I love the learning portal provided by udemy. I believe it to be a very efficient and effective way of learning, one that lends itself very well to students studying towards ACCA foundation in accounting and ICB qualifications.

Instructor Biography

Tim Geaney, Accountancy

I'm an IT professional with a interest in business and entrepreneurship.

Instructor Biography

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