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Master management accounting for ACCA exams and career success with this comprehensive guide.
This book offers an in-depth exploration of essential management accounting concepts and techniques, perfect for aspiring accountants and seasoned professionals. Whether you're aiming to ace your ACCA exams (valid for exams from 2024 to August 2025) or enhance your on-the-job skills, this resource provides the knowledge and tools you need to excel.
Inside, you'll discover:
Foundations of Management Accounting: Explore core principles, data sources, cost classifications, and information presentation for strategic decision-making.
Data Analysis & Statistical Techniques: Master sampling techniques, spreadsheet utilization, forecasting, and budgeting for informed decisions.
Cost Accounting Techniques: Unravel cost accounting for materials, labor, and overheads. Explore absorption, marginal, job and batch, process, and service/operation costing methods.
Budgeting: Grasp the essence of budgeting, budget preparation techniques, flexible budgets, asset budgeting, and investment appraisal.
Standard Costing: Dive into standard costing principles, variance calculations, and profit reconciliation for operational control and financial reporting.
Performance Management: Understand performance management frameworks, key performance indicators, and strategies for quality enhancement, cost reduction, and value creation.
Key Features:
Clarity and Simplicity: Complex concepts presented in clear, accessible language.
Exam-Focused: Aligned with the ACCA Management Accounting syllabus.
Practical Application: Real-world examples and case studies.
Strategic Insights: Empower informed decision-making and strategic planning.