ACCA FMA - Management Accounting

ACCA FMA: Management Accounting

Develop management accounting techniques to help you support businesses in planning, controlling, and monitoring performance. You'll learn different ways of managing finance within an organisation with the aim of enhancing business performance.

The ACCA FMA Exam has a complex and diverse syllabus, and the exam is usually challenging. The important areas in the ACCA FMA exams are costing techniques, forecasting techniques, big data, budgeting and variance analysis, and capital budgeting and performance analysis. Among these costing techniques, budgeting and variances hold special importance.

Our FMA exam preparation course is up-to-date for exams until December 2024. The course covers entire syllabus in detail, with extensive exam practice questions, and it comes with active tutor support.

Course Curriculum

Demo Lectures
9 Lessons
- A Look Into Vertex Learning Portal (15:23)
  Preview
- Fixed and Variable Costs (19:05)
  Preview
- Accounting for Overheads (17:05)
  Preview
- Absorption Costing Method (25:09)
  Preview
- Absorption Costing Questions (25:07)
  Preview
- Process Costing - Simple Example (09:20)
  Preview
- Introduction to Time Series (12:57)
  Preview
- Time Series Example Solved (20:46)
  Preview
- Quiz 2- Marginal Costing
  Preview
ACCA FMA Resources
6 Lessons
- About Customized Study Planner (13:47)
  Preview
- Create Your Customized Study Plan
  Start
- ACCA FMA Complete Notes
  Start
- FMA Resources
  Start
- Using Vertex Portal - Watch Complete Video (15:23)
  Start
- Standard Study Plan
  Start
Progress Tests
1 Lesson
- Progress Test 1
  Start
Chapter 1 - Accounting for Management
6 Lessons
- Read before you begin
  Start
- 1. Introduction to Management Accounting (16:31)
  Start
- 2. Planning, Control and Decision Making (19:32)
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- 3. Financial Accounting versus Management Accounting (21:14)
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- Complete Study Notes
  Start
- QUIZ - Accounting for Management
  Start
Chapter 2a - Sources of Data
4 Lessons
- 1. Sources of data and Types of Data (07:22)
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- 2. Sampling (15:29)
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- Complete Study Notes
  Start
- QUIZ - Source of Data
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Chapter 2b - Presenting information
3 Lessons
- Presenting information - Complete (22:07)
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- Complete Study Notes
  Start
- QUIZ - Presenting Information
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Chapter 3a - Cost Classification
9 Lessons
- 1. Introduction to Costing (08:50)
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- 2. Fixed and Variable Costs (12:41)
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- 3. Direct and Indirect Costs (09:25)
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- 4. Production Costs (24:10)
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- 5. Non Production Costs (08:28)
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- 6. Warehousing and Transportation Costs (07:28)
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- 7. Functional Costs (03:44)
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- Complete Study Notes
  Start
- QUIZ - Cost Classification
  Start
Chapter 3b - Cost Behavior
7 Lessons
- 1. Fixed and Variable Costs (19:05)
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- 2. High Low Method (21:29)
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- 3. High Low Method - Questions (19:47)
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- High-low-method-Kaplan-test-your-understandings Part 1
  Start
- High Low Method Kaplan Test your understandings - Part 2
  Start
- Complete Study Notes
  Start
- QUIZ - Cost Behavior
  Start
Chapter 4 a - Introduction to Forecasting
11 Lessons
- 1. Introduction to Forecasting (35:14)
  Start
- 2. Moving Averages (13:14)
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- 3. Introduction to Time Series (12:57)
  Start
- 4. Time Series Example Solved (20:46)
  Start
- 5. Index Numbers (56:18)
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- 6. Q 4a.1 - 4a.8 BPP Kit (25:07)
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- 7. Q 4a.11 - 4a.18 - 4a.24 - 4a.25 - 4a.26 BPP Kit(27:29)
  Start
- 8. Q 4a.31 - 4a.32 BPP Kit (08:03)
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- 9. Example Explanation (14:04)
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- Complete Study Notes
  Start
- QUIZ - Forecasting
  Start
Chapter 4 b - Summarizing and Analyzing Data
6 Lessons
- 1. Summarizing and Analyzing Big Data (01:02:17)
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- 2. Probability and Normal Distribution (46:46)
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- 3. Probability and Normal Distribution - Extra Lesson (29:35)
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- 4. Q 4b.18A - 4b.22A BPP Kit (22:31)
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- Complete Study Notes
  Start
- QUIZ - Summarizing and Analyzing Data
  Start
Chapter 5 - Materials
10 Lessons
- 1. Accounting for Materials (10:47)
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- 2. Inventory Ordering and Receipt (28:34)
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- 3. EOQ - Economic Order Quantity (36:37)
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- 4. Inventory Valuation - FIFO - LIFO (13:27)
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- 5. Inventory Valuation - Average Cost Method (12:44)
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- 6. Q 6.2 - 6.6 - 6.8 - 6.11 - 6.12 - 6.20 - 6.21 BPP Kit (17:52)
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- 7. Relevant Costing (33:11)
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- Complete Study Notes
  Start
- QUIZ - Accounting for Material
  Start
- LIVE QUIZ - Accounting for Material
  Start
Chapter 6 - Labor
4 Lessons
- 1. Remuneration Methods (18:16)
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- 2. Direct and Indirect Labor Cost (13:22)
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- Complete Study Notes
  Start
- QUIZ - Accounting for Labour
  Start
Chapter 7 a - Accounting for Overheads
11 Lessons
- 1. Accounting for Overheads (17:05)
  Start
- 2. Absorption Costing Method (25:09)
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- 3. Under / Over Absorption (11:04)
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- 4. Service Cost Center Overheads 1 (30:42)
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- 5. Service Cost Center Overheads 2 (14:16)
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- 6. Q 8.1 - 8.2 - 8.3 - 8.6 - 8.7 - 8.13 - 8.14 - 8.17 - 8.19 - 8.20 BPP Kit(25:07)
  Start
- 7. Q 8.14 - 8.17 BPP Kit (15:13)
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- 8. Mark up and Margin Extra Session (28:26)
  Start
- Your feedback is important for us !
  Start
- Complete Study Notes
  Start
- QUIZ - Overheads
  Start
Chapter 7 b - Absorption and Marginal Costing
8 Lessons
- 1. Absorption and Marginal Costing - Complete (28:56)
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- 2. Questions on demand (18:27)
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- 3. Questions on demand 2 (02:30)
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- 4. Q 9.1 - 9.5 BPP Kit (21:07)
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- 5. Absorption & Marginal costing Part 1
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- Complete Study Notes
  Start
- QUIZ 1 - Absorption Costing
  Start
- QUIZ 2 - Marginal Costing
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Chapter 8 a - Process costing
10 Lessons
- 1. Process costing - Introduction (10:57)
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- 2. Process Costing - Simple Example (09:20)
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- 3. Normal Losses- Abnormal Losses - Abnormal Gains (21:17)
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- 4. Work in Process - Weighted Average Method (23:29)
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- 5. Statement of Equivalent Units - Extra (19:20)
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- 6. Bonus - Cost Flow Within an Organization (23:20)
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- 7. Q 11.1 - 11.4 - 11.6 - 11.7 - 11.8 BPP Kit (24:35)
  Start
- 8. Q 11.9 - 11.10 BPP Kit (08:45)
  Start
- Complete Study Notes
  Start
- QUIZ - Process Costing
  Start
Chapter 8 b - Process costing, joint products and by-products
6 Lessons
- 1. Joint Products and By-Products (20:50)
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- 2. Joint and By Products (08:04)
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- 3. Q 12.1 - 12.4 BPP Kit (26:01)
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- 4. Q 12.5 - 12.6 BPP Kit (13:30)
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- Complete Study Notes
  Start
- QUIZ - Process Costing, Join Products and by products
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Chapter 9 a - Job, batch and service costing
7 Lessons
- 1. Job, Batch and Service Costing (16:54)
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- 2. Batch Costing and Service Costing (19:48)
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- 3. Q 10.1 - 10.13 BPP Kit(47:48)
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- Job, Batch and Service Costing BPP Kit Questions
  Start
- Job, Batch and Service Costing BPP Kit Questions
  Start
- Complete Study Notes
  Start
- QUIZ - Job, Batch and Service Costing
  Start
Chapter 9 b - Alternative costing principles
7 Lessons
- 1. Alternative Costing Principles (14:06)
  Start
- 2. Activity Based Costing - (ABC) (24:51)
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- 3. Cost of Quality (19:57)
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- 4. Life Cycle Costing and Target Costing (12:28)
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- 5. Q 13.1 - 13.7 BPP Kit (10:24)
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- Complete Study Notes
  Start
- QUIZ - Alternative Costing Technique
  Start
Chapter 10 a - Budgeting
4 Lessons
- Budgeting Lecture 1 (44:14)
  Start
- Complete Study Notes
  Start
- QUIZ - Budgeting
  Start
- Budgeting BPP Kit Questions
  Start
Chapter 10 b - The budgetary process
5 Lessons
- 1. The Budgetary Process (53:17)
  Start
- 2. Budgetary Process - Extra Lesson (09:28)
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- 3. Q 10b.2 - 10b.3 - 10b.4 - 10b.9 - 10b.13 - 10b.22 BPP Kit (27:47)
  Start
- Complete Study Notes
  Start
- QUIZ -The Budgetary Process
  Start
Chapter 11 - Making budgets work
2 Lessons
- Making Budgets Work
  Start
- QUIZ - Making Budgets Work
  Start
Chapter 12 a - Capital expenditure budgeting
4 Lessons
- Capital Expenditure Budgeting (20:53)
  Start
- Complete Study Notes
  Start
- Your feedback is important for us
  Start
- QUIZ - Capital Expenditure Budgeting
  Start
Chapter 12 b - Methods of project appraisal
13 Lessons
- 1. Compounding and Discounting (18:31)
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- 2. Discounting Cash Flow (DCF) (28:51)
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- 3. What is Net Present Value - NPV (07:55)
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- 4. Internal Rate of Return - IRR (09:33)
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- 5. Annuity (10:35)
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- 6. Perpetuity (07:24)
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- 7. NPV and IRR Discussion (17:16)
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- 8. Q 12a.1 - 12a.9 BPP Kit (22:57)
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- 9. Q 12b.1 - 12b.2 - 12b.2 - 12b.3 - 12b.6A - 12b.9 BPP Kit (22:57)
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- 10. Nominal and Effective Interest Rate (07:02)
  Start
- 11. Prepayment in Discounted Cash Flow (05:15)
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- Complete Study Notes
  Start
- QUIZ - Methods of Project Appraisal
  Start
Chapter 13 - Standard Costing
4 Lessons
- Standard Costing Lecture
  Start
- BPP Kit Questions 13.1, 13.4 and 13.7 (10:05)
  Start
- Complete Study Notes
  Start
- QUIZ - Standard Costing
  Start
Chapter 14 a - Cost Variances
9 Lessons
- 1. Cost Variances - Introduction (19:02)
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- 2. Cost Variances - Materials (11:26)
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- 3. Cost Variances - Materials and Labor (11:11)
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- 4. Q 14a.1 - Q14a.2 - 14a.3 - 14a.4 - 14a.11 - 14a13 - 14a.15 BPP Kit (36:22)
  Start
- 5. Q 14a.5 - 14a.6 - 14a.12 - 14a.19 BPP Kit (19:07)
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- Untitled lesson
  Start
- Untitled lesson
  Start
- Complete Study Notes
  Start
- QUIZ - Cost Variances
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Chapter 14 b - Sales variances and operating statements
8 Lessons
- 1. Sales Variances (14:43)
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- 2. Fixed Cost Variances (11:41)
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- 3. Q 14b.1 - 14b.2 - 14b.7 BPP Kit (11:49)
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- 4. Q 14b.3 - 14b.6 - 14b.9 - 14b.17 BPP Kit (25:12)
  Start
- 5. Q 14b.22 - 14b 23 - 14b.24 BPP Kit (18:38)
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- 6. Example Explanation (44:25)
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- Complete Study Notes
  Start
- QUIZ - Sales Variances and Operating Statements
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Chapter 15 - Target Setting
4 Lessons
- 1. Performance Measurement (39:21)
  Start
- 2. Q 15.1 - 15.15 BPP Kit (25:03)
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- Complete Study Notes
  Start
- QUIZ - Target Setting
  Start
Chapter 16 - Financial Performance Measurement
4 Lessons
- 1. Financial and Non Financial Performance Measures (58:26)
  Start
- 2. Q 16.2 - 16.3 - 16.6 - 16.16 - 16.17 BPP Kit (40:55)
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- Complete Study Notes
  Start
- QUIZ - Financial Performance Measurement
  Start
Chapter 17 - Assessing Non Financial Performance
6 Lessons
- 1. Introduction to Non Financial Measures (32:07)
  Start
- 2. Balance Score Card (16:14)
  Start
- 3. 3Es - Economy, Efficiency and Effectiveness (08:34)
  Start
- Complete Study Notes
  Start
- QUIZ - Assessing Non Financial Performance
  Start
- Your feedback is important for us !
  Start
FMA Final Mock
1 Lesson
- FMA Final Mock
  Start
Live Recordings for December 2024
9 Lessons
- 1. MA Syllabus Introduction
  Start
- 2. Cost classification & cost behavior continued
  Start
- 3. Accounting for material
  Start
- 4. Accounting for labour
  Start
- 5. Accounting for overheads Part 1
  Start
- 6. Accounting for overheads Part 2
  Start
- 7. Absorption & Marginal costing Part 2
  Start
- 8. Process Costing 1
  Start
- 9. Process Costing 2
  Start

Course Pricing

ACCA FMA - Four Months Access

$75 USD

Complete Learning Pack With Tutor Support
- Redeem coupon code "SP10" to get 10% discount
- Access and tutor support for four months period
- Detailed video lectures covering complete syllabus
- Video lectures for exam questions and solutions
- Tutor slides
- Online quizzes
- WhatsApp group support
- Regular update on materials
- Final Mock Exam

Buy Now

ACCA FMA - Six Months Access

$95 USD

Complete Learning Pack With Tutor Support
- Redeem coupon code "SP10" to get 10% discount
- Access and tutor support for six months period
- Detailed video lectures covering complete syllabus
- Video lectures for exam questions and solutions
- Tutor slides
- Online quizzes
- WhatsApp group support
- Regular update on materials
- Final Mock Exam

Buy Now