ACCA

MANAGEMENT
ACCOUNTING (F2)
CONTENTS

⬢ ACCA qualification and its importance

⬢ ACCA syllabus structure

⬢ ACCA – Management Accounting (F2)

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1 ACCA
ACCA qualification and its importance
Association of Chartered Certified
Accountants

⬢ Most sought after professional qualification

⬢ Internationally recognized professional qualification

⬢ Thriving global community in more than 178 countries

⬢ Global professional body

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 Members Network

241,000
Fully Qualified Members

542,000
Future Members

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Potential opportunities you could
expect
Financial Accountant Management Accountant Tax Specialist
.

Auditor Finance Manager Investment Manager

Business Analyst Data Analyst Financial Analyst

Chief Transformation Chief Executive Officer Chief Financial Officer

Officer

And Many More………………….

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2 ACCA
ACCA Syllabus Structure
ACCA Pathway

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Applied Knowledge – 3 Subjects

Business and Technology (BT)

Management Accounting (MA)

Financial Accounting (FA)

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Applied Skills – 6 Subjects

Corporate and Business Law (LW) Financial Reporting (FR)

Performance Management (PM) Audit and Assurance (AA)

Taxation (TX) Financial Management (FM)

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Strategic professional – 4 Subjects
Essential Subjects Optional Subjects (Any 2)

Advanced Financial Management (AFM)

Strategic Business Leader (SBL) Advanced Performance Management

(APM)

Advanced Taxation (ATX)

Strategic Business Reporting (SBR)

Advanced Audit and Assurance (AAA)

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Other Requirements

Ethics and Professional Skills Module

Practical Experience Requirement

36 months of supervised experience

This should be in a relevant accounting or finance role

Need to complete nine performance objectives

All five Essentials and four from 17 Technical objectives
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 “
Become a fully qualified
member of the ACCA

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Exam Structure

ACCA Computer
Based Exams

On-demand CBEs Session CBEs

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On-demand CBEs

⬢ On-demand CBEs allow for Business and Technology (BT)

flexibility in your studies.
⬢ You can sit them at any time Management Accounting (MA)
of the year.
⬢ Your results are displayed Financial Accounting (FA)
immediately at the end of the
exam and uploaded to your Corporate and Business Law
(LW)
account within 72 hours.
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Session CBEs

⬢ These take place during four exam March

sessions which take place in March,
June, September and December. June
⬢ You’ll need to book your exam ahead
of the deadline for each session. September
⬢ You’ll receive your results
approximately 6 weeks after taking December
your exam.
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3 ACCA
ACCA – Management Accounting (F2)
Management
Accounting

F-2
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Main areas of the syllabus
A) The nature, source and purpose of management
information

⬢ Accounting for management

⬢ Sources of data
⬢ Cost classification
⬢ Presenting information

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Main areas of the syllabus
B) Data analysis and statistical techniques

⬢ Sampling methods
⬢ Analytical techniques in budgeting and forecasting
⬢ Summarising and analysing data
⬢ Spreadsheets

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Main areas of the syllabus
C) Cost accounting techniques

⬢ Accounting for material, labour and overheads

⬢ Absorption and marginal costing
⬢ Cost accounting methods
⬢ Alternative cost accounting principles

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Main areas of the syllabus
D) Budgeting

⬢ Nature and purpose of budgeting

⬢ Budget preparation
⬢ Flexible budgets
⬢ Asset budgeting and investment Appraisal
⬢ Budgetary control and reporting
⬢ Behavioural aspects of budgeting
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Main areas of the syllabus
E) Standard costing

⬢ Standard costing system

⬢ Variance calculations and analysis
⬢ Reconciliation of budgeted and actual profit

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Main areas of the syllabus
F) Performance measurement

⬢ Performance measurement - overview

⬢ Performance measurement - application
⬢ Cost reductions and value enhancement
⬢ Monitoring performance and reporting

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Examination Paper Structure
2 Hour
On-demand
CBE ▪ Analytical techniques in
budgeting and forecasting
▪ Spreadsheets

Section A – 70% Section B – 30%

35 OTQs 3 MTQs

▪ Budgeting
▪ Standard Costing
▪ Performance measurement 25
Time availability for each question
Section - A Section - B

2 hrs x 60 = 120 Minutes 2 hrs x 60 = 120 Minutes

120 Minutes x 70% = 84 Minutes 120 Minutes x 30% = 36 Minutes

84 / 35 = 2.4 Minutes 36 / 3 = 12 Minutes

2.4 Minutes Per Each Question 12 Minutes Per Each Question

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Course Delivery Plan
100% coverage of Theory focused Exam focused mock
the full syllabus questions exams

1 3 5

2 4 6

Handout for each Exam focused Live Sessions on

session questions Demand

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10 tips to pass the exam with flying colours

100% dedication from the beginning to the end

Regularly watch the uploaded videos, study the handouts and get clarified any issues

Attempt all sums in the handout and in the portal

Refer study text regularly and practice all sums in it and the exam kit

Recall the studied lessons at least once a month

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10 tips to pass the exam with flying colours

Do not skip any area of the syllabus (Avoid doing predictions)

Get familiarized with the calculator (Recommends – Casio fx 991 ES Plus)

Time management when doing questions

Read and understand the requirement of the question correctly

Practice Mock exams as much as possible

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THANK YOU!!!
Expecting to see you as a
fully qualified ACCA member

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Your Lecturer

Ishan Senel Pituwelgoda

CIMA (UK) Passed Finalist, ICASL (Finalist),
AAT (SL) Passed Finalist, BBA
(Accounting) Special – University of
Colombo

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