Management AccountingThis paper looks at the fundamentals of management and cost accounting and their application in cost ascertainment, the control of operations, and the provision of information to assist management decision making and policy formulation. Management Accounting learning outcomes: Explain the role of management and cost accounting within an organisation. Describe the nature of costs and how and why they are classified in different ways for different

their performance and decisions

and your ability to apply this knowledge to practical scenarios and situations

C Internal controls

A Leadership

and the Level 3 unit Financial Accounting: Preparing Financial Statements

F2 covers how to source long-term funds to finance capital investment projects

B Financial management environment

G Insolvency law

decision making and liquidity management

as well as the ability to apply it

the Ethics and Professional Skills Module (EPSM)

for both single entity and consolidated financial statements