On completion of this module you will be able to apply
management accounting techniques to quantitative and qualitative
information. Our courses are designed to focus on the most
important aspects of the syllabus including:

• Specialist cost and management accounting techniques
• Decision-making techniques
• Budgeting
• Standard costing and variances analysis
• Performance measurement and control

Assumed knowledge

F2 Management Accounting underpins F5
Performance Management and many of the topics will therefore build
upon the knowledge gained at F2.

The first chapter of your course notes recaps absorption and
marginal costing that studied at F2.  While these topics will
not necessarily be examined at F5, the concepts here are assumed
knowledge so you will need to re-familiarise yourself with
them. Exam questions may involve a comparison of these with
the other ‘modern’ costing methods that you will study.

Other topics within F5 which will build further on your F2
knowledge include: relevant costing, linear programming, budgeting
and variance analysis.