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Qualification Pathway Level 1 — Knowledge

ACCA K2 - Management Accounting

Understand how cost and performance information supports planning, control and decision making.

ACCA K2 - Management Accounting

Learning Objectives

5 objectives
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Explain how management information and systems support planning, control and decision making.

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Analyse and present data, using techniques such as linear regression and time series analysis.

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Classify costs and calculate product and service costs using absorption, marginal, job, batch and process costing.

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Prepare budgets and use standard costing and variance analysis to control performance.

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Apply short-term and long-term decision-making techniques.

Programme Outline

5 topics
1

Management information and data analysis

How management information is produced and presented, and the data methods behind it, from regression and time series to big data.

2

Cost accounting techniques

Sorting costs by behaviour and assigning them to products, jobs, batches, processes and services.

3

Budgeting

Why organisations budget, how budgets are built, and how fixed and flexible budgets differ.

4

Standard costing and variance analysis

Setting cost standards, calculating variances and reading what they reveal.

5

Decision-making techniques

Choosing between alternatives using the costs and revenues that differ between them.

Hands-On Resources

Missed a live session? Catch up here.

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Recorded Lectures Every live session is recorded and available within 24 hours.
Watch → Coming soon
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Case Study Library Real-world accounting case studies used throughout the course.
Download → Coming soon
quiz
Practice Question Bank Exam-style questions with full worked solutions.
Access → Coming soon

Qualification Pathway

17 examinations
1
Level 1 — Knowledge ACCA K1 - Financial Accounting
£2,100.00 View →
2
Level 1 — Knowledge ACCA K2 - Management Accounting
£2,100.00 This page
3
Level 1 — Knowledge ACCA K3 - Business Law
£2,100.00 View →
4
Level 1 — Knowledge ACCA - Responsible Business Management (Essential Employability Module)
£2,100.00 View →
5
Level 2 — Expertise ACCA E1 - Taxation
£2,600.00 View →
6
Level 2 — Expertise ACCA E2 - Financial Reporting
£2,600.00 View →
7
Level 2 — Expertise ACCA E3 - Audit, Risk and Control
£2,600.00 View →
8
Level 2 — Expertise ACCA E4 - Finance and Investment
£2,600.00 View →
9
Level 2 — Expertise ACCA E5 - Performance with Data Analysis
£2,600.00 View →
10
Level 2 — Expertise ACCA - Digital Tech and Innovation (Essential Employability Module)
£2,600.00 View →
11
Level 3 — Strategic Professional ACCA S1 - Business and Sustainability Reporting
£3,200.00 View →
12
Level 3 — Strategic Professional ACCA S2 - Strategic Business Leader
£3,200.00 View →
13
Level 3 — Strategic Professional ACCA SAA - Audit and Assurance Professional
£3,200.00 View →
14
Level 3 — Strategic Professional ACCA SCF - Corporate Finance Professional
£3,200.00 View →
15
Level 3 — Strategic Professional ACCA SDS - Data Science Professional
£3,200.00 View →
16
Level 3 — Strategic Professional ACCA SPI - Performance and Insights Professional
£3,200.00 View →
17
Level 3 — Strategic Professional ACCA STA - Taxation Advisory Professional
£3,200.00 View →
Accounting ◆ Finance & Investment ◆ Actuarial Science ◆ Risk Management ◆ Executive Education ◆ Accounting ◆ Finance & Investment ◆ Actuarial Science ◆ Risk Management ◆ Executive Education ◆