Below is the study plan for this semester. Do some reading and it will enhance you knowledge. Always browse thru this blog or any other blogs which you may find suitable and relevant.
WEEK 1
9/7/18 – 13/7/18
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TOPIC 1: INTRODUCTION TO MANAGEMENT ACCOUNTING
·
The role of
management accounting
·
Basic
terminology in management accounting
·
Cost behaviour
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WEEK 2
16/7/18 – 20/7/18
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TOPIC 2: ABSORPTION AND
MARGINAL COSTING
· Definition and concept of absorption and marginal
costing
· Comparison between absorption and marginal costing
· Advantages and disadvantages of absorption and
marginal costing
· Absorption and marginal costing
statement
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WEEK 3
23/7/18 – 27/8/18
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TOPIC 2: ABSORPTION AND
MARGINAL COSTING – cont’
·
Absorption and marginal
costing statement
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WEEK 4
30/8/18 – 3/8/18
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TOPIC 3: ACTIVITY-BASED COSTING (ABC)
·
Emergence of ABC costing system
·
Principles of ABC
·
Comparison between ABC with traditional systems
(marginal & absorption costing)
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WEEK 5
6/8/18 – 10/8/18
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TOPIC 3:
ACTIVITY-BASED COSTING (ABC) – cont’
·
ABC costing
statements
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WEEK 6
13/8/18 – 17/8/18
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TOPIC
4: COST-VOLUME PROFIT
·
Mathematical
approach to CVP analysis
·
Break-even
analysis: Single product vs. multiple products and its limitations
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WEEK 7
17/8/18 – 26/8/17
MID-SEMESTER BREAK
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WEEK 8
27/8/18 – 31/8/18
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TOPIC 4: COST-VOLUME PROFIT – cont’
Contribution margin analysis
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WEEK 9
3/9/18 – 7/9/18
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TOPIC 5: RELEVANT COST FOR SHORT TERM
DECISION MAKING
·
Concept of relevant costs
·
Make or Buy
·
Accepting or rejecting order
|
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WEEK 10
10/9/18 – 14/9/18
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TOPIC 5: RELEVANT COST FOR SHORT TERM
DECISION MAKING – cont’
·
Concept of relevant costs
·
Make or Buy
·
Accepting or rejecting order
|
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WEEK 11
17/9/18 – 21/9/18
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TOPIC 6: BUDGETARY PLANNING AND
CONTROL
·
Functions and
types of budgets
·
Preparation of
the budget
|
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WEEK 12
24/9/18 – 28/9/18
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TOPIC 6: BUDGETARY PLANNING AND
CONTROL – cont’
·
Fixed and flexible budgeting
·
Behavioural aspects of budgeting
|
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WEEK 13
1/10/18 – 5/10/18
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TOPIC 6: BUDGETARY PLANNING AND
CONTROL – cont’
·
Fixed and flexible budgeting
·
Behavioural aspects of budgeting
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WEEK 14
8/10/18 – 12/10/18
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TOPIC 6: BUDGETARY PLANNING AND
CONTROL – cont’
·
Fixed and flexible budgeting
·
Behavioural aspects of budgeting
|
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TOPIC 7: STANDARD COSTING AND
VARIANCE ANALYSIS
·
Introduction and types of standards
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WEEK 15
15/10/18 – 19/10/18
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TOPIC 7: STANDARD COSTING AND
VARIANCE ANALYSIS – cont’
·
Material variances
·
Labour variances
·
Overhead variances – Variable and fixed
·
Profit reconciliation statements
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WEEK 16
22/10/18 – 23/10/18
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TOPIC 7: STANDARD COSTING AND
VARIANCE ANALYSIS – cont’
·
Material variances
·
Labour variances
·
Overhead variances – Variable and fixed
·
Profit reconciliation statements
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