Overview
Management accounting is about making better business decisions; the practical understanding of key drivers for adding value to a business; and how these are tied to the decision-making process. It’s about helping people run their businesses more efficiently and effectively in order to achieve the desired outcomes such as increasing returns or delivering improved services. MAAF includes two major integrated case studies and other practical examples and activities that will give you the skills and knowledge to identify, analyse, interpret and communicate information to help an organisation manage its resources and achieve strategic goals. The MAAF module is one of the five compulsory modules in the Chartered Accountants Program. It requires a good understanding of management accounting and applied finance from your previous tertiary studies.
Units
The MAAF module comprises the following units:
Unit 1 2 3 4 Name of unit Introduction to management accounting (including ethics) Analysing business operations Activity-based costing and management Pricing decisions and models Online assessment 5 6 7 8 Management of revenues and costs Performance reporting Working capital management Business planning (including budgeting and forecasting) Online assessment 9 10 11 12 Performance analysis Performance measurement and management Investment decisions Short-term and medium-term financial management Online assessment 13 14 15 Long-term financial management Business risk Introduction to business valuation 7 13 7 120 Final examination 10 9 8 5 11 4 7 6 Approximate hours 11 7 7 8
Management Accounting & Applied Finance
Module outline – page 2 of 5
Chartered Accountants Program
How is the MAAF module taught?
The MAAF module is 12 weeks
