BA2 - Fundamentals of Management Accounting

Fundamentals of Management Accounting is one of the core subjects offered by CIMA as part of the cost and management accounting course online.

This course is designed to provide a solid foundation in the principles and practices of management accounting. This course offers a comprehensive exploration of key concepts and techniques essential for effective decision-making and performance evaluation within organizations. 

This course is curated to include basic nuances of management accounting such as the identification and classification of costs, tools, and techniques needed to plan, control, and make decisions. Through a combination of theoretical study and practical exercises, students develop proficiency in cost analysis, budgeting, variance analysis, and performance measurement. The course also covers topics such as relevant costing, absorption costing, and marginal costing. Emphasis is placed on understanding how management accounting information supports strategic planning, control, and decision-making processes including risk and uncertainties. 

This subject along with the other three subjects leads a student to the first level in a professional course – Operational Level.

Suitable for individuals seeking to enhance their skills in management accounting or pursuing careers in finance, accounting, or business management.

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