Management Accounting TechniquesThis unit teaches students the knowledge and skills needed to understand the role of management accounting. Learning outcomes: Understand the purpose and use of management accounting within organisations Use techniques required for dealing with costs Attribute costs according to organisational requirements Investigate deviations from budgets Use spreadsheet techniques to provide management accounting information Use management accounting techniques to

Understand how to set up bookkeeping systems

E Completion

controlling and monitoring performance in a variety of business contexts

E2 covers the fundamentals associated with the emergence of ecosystem environments

identify the financial risks facing a business and the principal methods of managing those risks

Ethics and Professional Practice learning outcomes:

Effective and efficient guidance throughout the curriculum

including relevant insolvency procedures

implements and monitors strategy

Identify threats and safeguards when evaluating alternative courses of action and make choices and recommendations that are consistent with relevant guidance and that reflect standards of ethical behaviour that are appropriate for a professional accountant

Interpret financial statements using profitability ratios

The aims of this paper are: