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Certificate Level - Fundamentals of Management Accounting (FMA)

About This Course

Management Accounting is the core discipline of the management accountant. Students who wish to embark on a career in management accounting should be conversant with the challenging role played by management accountants in organizations. Hence, this foundation level course unit aims at positioning management accounting in the current global business environment while distinguishing it from other functional disciplines. The course unit further aims to introduce the salient concepts associated with the demanding role of a management accountant. It also intends to lay the foundation for techniques of management accounting, which will be treated in detail in other course units of the management accounting stream.

Learning Outcomes

On successful completion of the course the students will be able to:

  • Describe the role of the management accountant in the global business environment
  • Discuss the different cost elements and their broad applications in organizational settings
  • Apply selected methods of costing and costing systems in organizational settings
  • Apply the basic concepts of CVP analysis
  • Describe the notion of management control using budgetary control and standard costing
  • Your Instructors

    Ibrahim Hameem
    BSc. Mathematics and Economics (university of London),CIMA exam complete, Diploma in Economics (Distinction)