F2 MA | Study Text - BPP

What is F2 Management Accounting (MA)?

As a word describes, It is a management, A management of cost (costing), A Management of budget.

It is a part of ACCA Qualification Foundation Level and it Help you to prepare for more challenging areas ahead. In ACCA F2 Management Accounting paper, you will be looking at Costing, Budgeting and Performance Measurement.

Overall Aim of the Management in Accounting (MA) Syllabus

The Aim of F2 Management Accounting (MA) is give the understanding of Management accounting techniques in order to develop the management skills in planning, controlling and monitoring performance in numerous variety of business contexts.

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Syllabus of Management Accounting (MA)

The syllabus for Management Accounting (MA), will enable candidates to understand the elements of management accounting which are mainly used to make and support decisions.

The MA syllabus starts with the introduction of the nature and source, as well as the purpose of management information, which is followed by the statistical methods used for data analysis. The syllabus then deals with cost accounting and costing techniques that are essential for any business management accountant.

The syllabus then looks at budgeting and standard costing as well as variance analysis use as essential tools for planning and controlling business operations. The syllabus concludes with an introduction to measuring and monitoring an organization's performance.

How to pass the ACCA F2 Management Accounting (MA) exam?

The F2 ACCA exam is a two-hour examination that will cover the entire syllabus range.

Section A will contain 30 objective test questions with two marks and 16 questions with one mark, while Section B will contain 6 multi-task questions with four marks each, each covering the 6 areas of the above-mentioned syllabus.

You need to score a mark of 50 percent or more in order to pass the ACCA foundation level exam, which is more than capable with good preparation.