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Overview

The Management Information (MA1) Course is an ideal starting point for individuals keen to develop a strong foundation in management accounting. Designed for aspiring accounting and finance professionals, it focuses on equipping learners with the ability to generate and interpret information critical for managerial decision-making processes. 

This course emphasises understanding cost classifications, budgeting, and performance management techniques essential for enhancing organisational operations. Learners will gain insights into management accounting principles and how to apply them in real-world scenarios, ensuring they contribute meaningfully to business success. 

Part of the foundational ACCA suite, this course builds practical expertise in creating cost statements, analysing variances, and supporting the budgeting process. By mastering these skills, learners will be prepared to advance to higher levels of study and explore dynamic roles within management accounting. 

 

Course Objectives 

 

  • Understand the principles and purpose of management accounting in organisational contexts 

  • Develop proficiency in cost classification, cost behaviour, and cost accounting techniques 

  • Gain the ability to prepare cost statements and calculate basic variances 

  • Learn to apply budgeting techniques for effective resource planning and control 

  • Enhance skills in analysing financial and non-financial data to support managerial decisions 

  • Build a foundation for understanding performance measurement 

  • Apply ethical standards in the use and communication of management information 

Upon completion, learners will possess the knowledge and skills to support management accounting functions effectively, contributing to organisational decision-making and gaining a solid base for further ACCA qualifications and a successful career in finance. 

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Average completion time

1 Month
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Blended Learning

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Course Includes

  • Expert-led Sessions
  • Digital Delegate Pack
  • 24/7 Tutor Support
  • Downloadable Resources & Challenges
  • Interactive Learning
  • Exercise Files
  • Scenario-Based Learning

Course Details

Develop your understanding of essential financial, business and management accounting techniques with ACCA Applied Knowledge. You'll learn basic business and management principles and the skills required of an accountant working in business.

Entry Requirements

    • Educational Background: No prior accounting or finance experience is required. However, a basic understanding of mathematics and logical reasoning is beneficial for navigating the course content effectively. 

    • Language Proficiency: Learners should have a good command of English, as all materials, assessments, and discussions are conducted in English. 

    • Interest in Business and Finance: This course is ideal for those interested in learning how financial data can be used to guide strategic decisions and seeking to pursue further qualifications with ACCA. 

Learning Outcomes

    • Understand Costing Principles: Learn to classify and analyse costs to support effective financial planning and business resource management. 

    • Develop Budgeting Skills: Gain practical expertise in preparing budgets, forecasting, and understanding their role in organisational performance management. 

    • Measure Performance: Understand key performance indicators (KPIs) and variance analysis techniques to assess and improve organisational efficiency. 

    • Build a Strong Foundation for Further Learning: Acquire the essential knowledge and skills needed to progress to higher-level ACCA qualifications, specialising in management accounting and business strategy. 

Target Audience

    The Management Information (MA1) Course is perfect for learners aiming to build their expertise in management accounting or kickstart their journey toward a professional qualification in finance. Below are the roles and individuals who can benefit from this course: 

    • Aspiring Management Accountants 

    • Finance Administrators 

    • Junior Financial Analysts 

    • Accounts Assistants 

    • Business Support Officers 

    • Budgeting Assistants 

Course content

    • Module 1: A The nature and purpose of cost and management accounting
      • Nature of business organisation and the accounting systems
      • Nature and purpose of management information
         
    • Module 2: Transaction processing
      • Transaction processing systems
      • Coding system
         
    • Module 3: Cost classification and measurement
      • Cost classification and behaviour
      • Cost units, cost centres, profit centres and investment centres
         
    • Module 4: Accounting for costs
      • Accounting for materials
      • Accounting for labour
      • Accounting for other expenses
      • Accounting for product costs
         
    • Module 5: Spreadsheets
      • Spreadsheets overview
      • Creating and using spreadsheets
      • Presenting and printing spreadsheet data/information 

MPES Support That Helps You Succeed

At MPES, we offer comprehensive support to help you succeed in your studies. With expert guidance and valuable resources, we help you stay on track throughout your course.

  • MPES Learning offers dedicated support to help you succeed in Accounting and Finance courses.
  • Get expert guidance from tutors available online to assist with your studies.
  • Check your eligibility for exemptions with the relevant professional body before starting.
  • Our supportive team is here to offer study advice and support throughout your course.
  • Access a range of materials to help enhance your learning experience. These resources include practice exercises and additional reading to support your progress.

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Have Questions? We’ve Got You

If you have any questions, we’re here to help. Find the answers you need in the MPES detailed FAQ section.

Q. What does this course cover?

The course focuses on cost analysis, budgeting, performance evaluation, and interpreting management information for effective decision-making within an organisation.

Q. Is prior financial knowledge required?

No prior financial experience is necessary, making this course suitable for beginners or those looking to start their journey in financial analysis and management.

Q. What skills will I gain from this training?

You will develop cost management, budgeting, variance analysis, and data interpretation skills, enabling you to contribute to strategic and operational planning.

Q. How is the course delivered?

The course includes interactive sessions, practical exercises, and real-world case studies to ensure learners understand and apply management information principles effectively.

Q. What career opportunities can this course lead to?

Completing this course can open doors to roles like Junior Management Accountant, Assistant Financial Analyst, and Trainee Cost Accountant. It provides a strong foundation for progressing toward advanced ACCA qualifications and higher-level career opportunities in accounting and finance.

Q. What topics are covered in the Management Information (MA1) Course?

The course covers key areas such as the nature and purpose of cost and management accounting, transaction processing, cost classification and measurement, accounting for costs, and the use of spreadsheets for management information purposes. 

Q. How is the course assessed?

The Management Information (MA1) Course is assessed through a computer-based exam that tests theoretical understanding and practical application of cost and management accounting principles. 

Q. What career opportunities does the course prepare learners for?

Completing the MA1 Course equips learners with foundational knowledge to pursue entry-level roles in accounting, finance, and management, such as accounts assistant or cost clerk, and serves as a stepping stone for more advanced certifications. 

Q. What learning materials are provided during the course?

Learners receive comprehensive study guides, practice exams, access to interactive e-learning resources, and materials to ensure a well-rounded understanding of the subject matter. 

Q. How does this course fit into the broader ACCA Qualification framework?

The Management Information (MA1) Course is part of the ACCA Foundations in Accountancy suite and provides the groundwork for more advanced ACCA qualifications, building towards the full ACCA membership. 

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Resources

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Course Schedule

Course Schedule