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Exam Code: MA
Exam Name: Management Accounting
Updated: Sep 29, 2026
Q & A: 80 Questions and Answers
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MA Certification Exam Reference
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| Section | Objectives |
|---|---|
| Topic 1: Recording and Accounting for Costs | - Materials, labour, and overhead accounting - Cost allocation and apportionment |
| Topic 2: Introduction to Management Accounting | - Cost accounting vs financial accounting - Nature, purpose, and role of management accounting |
| Topic 3: Performance Measurement | - Basic business performance evaluation - Financial and non-financial performance indicators |
| Topic 4: Budgeting | - Budget preparation and control - Flexible budgets and variance analysis |
| Topic 5: Standard Costing and Variance Analysis | - Interpretation of variances - Material, labour, and overhead variances |
| Topic 6: Cost Classification and Behavior | - Direct and indirect costs - Fixed, variable, and semi-variable costs |
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