ACCA MA 2 Managing Costs and Finance

ACCA MA2
Managing Costs & Finance
Complete Course With Tutor Support

Syllabus topic videos - 44 hours

Exam focused study notes

Kit question videos - 40 hours

Active tutor support over WhatsApp

Quizzes for each chapter

Bonus - Weekly live sessions

ACCA exam questions & solutions

Exam style mock exam

ACCA MA2 Exam Paper Overview

The ACCA Managing Costs and Finance (MA2) paper is part of the Foundations in Accountancy (FIA) qualification and is designed to build on the basics of management accounting by introducing more detailed cost management and financial control techniques. It focuses on how businesses plan, monitor, and control costs to improve performance and support decision-making. The ACCA MA2 syllabus is suitable for students who have a basic understanding of management accounting and are ready to develop more advanced analytical and problem-solving skills.

ACCA MA2 Exam Syllabus and Structure

The ACCA MA2 syllabus covers important areas such as advanced costing techniques, budgeting and forecasting, and performance measurement. Students learn how to apply methods like marginal and absorption costing in greater depth, as well as how to prepare and analyze budgets. The syllabus also includes variance analysis and the use of financial and non-financial indicators to assess business performance, enabling students to evaluate efficiency and identify areas for improvement.

The ACCA MA2 exam is a computer-based exam consisting entirely of objective test questions, including multiple-choice and scenario-based tasks. It is designed to assess both technical knowledge and the ability to apply management accounting techniques in practical situations. Compared to MA1, the MA2 exam requires a stronger focus on analysis, interpretation, and accuracy, making effective time management and practice essential for success.

To perform well in ACCA MA2, students should focus on understanding how different techniques are applied rather than relying solely on memorization. Regular practice of exam-style questions will help improve speed, accuracy, and confidence. Key focus areas should include budgeting, variance analysis, and costing methods. Following a structured study plan, attempting mock exams under timed conditions, and using FIA-approved learning resources will significantly enhance performance and help students succeed in the Managing Costs and Finance paper.

Course Content

Demo Lectures
5 Lessons
- Fixed and Variable Costs (12:41)
  Preview
- Direct and Indirect Costs (9:25)
  Preview
- Short Decision Making & Relevant Cost of Materials (29:03)
  Preview
- Limiting Factor Explained (22:03)
  Preview
- Quiz - Cost Classification
  Start
ACCA MA 2 Resources
7 Lessons
- Instructions to Follow Before Starting Your Course
  Start
- About Customized Study Planner (13:47)
  Preview
- Create Your Own Customized Study Plan
  Start
- Download The Mobile App For The Study Planner
  Start
- MA2 Resources
  Start
- Using Vertex Portal - Watch Complete Video (15:23)
  Start
- Standard Study Plan
  Start
Chapter 1 - Accounting for Management
12 Lessons
- How to start your subject
  Start
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Introduction to Management Accounting (2:55)
  Start
- 2. Objectives of an Organization (17:21)
  Start
- 3. Financial Accounting versus Management Accounting (10:16)
  Start
- 4. Data and Information (12:11)
  Start
- 5. Functions of Management (17:47)
  Start
- 6. Three Main Roles of Management Accountants (5:19)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (13:55)
  Start
- Quiz - Accounting for Management
  Start
Chapter 2 - The Role of Information Technology
6 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Role of Information Technology (21:07)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions For Chapter 1 and 2 (54:22)
  Start
- Quiz - Introduction to management information
  Start
Chapter 3 - Cost Classification
13 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Introduction to Costing (8:50)
  Start
- 2. Fixed and Variable Costs (12:41)
  Start
- 3. Direct and Indirect Costs (9:25)
  Start
- 4. Production Costs (24:10)
  Start
- 5. Non Production Costs (8:28)
  Start
- 6. Warehousing and Transportation Costs (7:28)
  Start
- 7. Functional Costs (3:44)
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- 8. High Low Method (21:29)
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- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Quick Recap and Practice Questions (30:58)
  Start
- Quiz - Cost Classification
  Start
Chapter 4 - Cost Behavior
12 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Cost Classification (12:49)
  Start
- 2. Direct and Indirect Cost (29:26)
  Start
- 3. Cost Behavior and Fixed Costs (14:32)
  Start
- 4. Variable Costs (11:12)
  Start
- 5. Stepped Fixed Costs (6:08)
  Start
- 6. Semi Variable or Semi Fixed Costs (11:04)
  Start
- 7. High Low Method (21:29)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (15:03)
  Start
- Quiz - Cost Behaviour
  Start
Chapter 5 - Information For Comparison
7 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Information for comparison (51:56)
  Start
- 2. Practice Questions (17:32)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. BPP Kit Questions Information for comparison (1:05:13)
  Start
- Quiz - Information for Comparison
  Start
Chapter 6 - Reporting Management Information
6 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Reporting Management Information (34:58)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (13:17)
  Start
- Quiz - Reporting Management Information
  Start
Chapter 7 - Materials
14 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Introduction to Material Costs (4:13)
  Start
- 2. Classification of Materials (12:52)
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- 3. Ordering Inventory (12:29)
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- 4. Accounting for Materials (18:32)
  Start
- 5. Inventory Valuation Methods (24:35)
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- 6. Managing Inventories - Economic Order Quantity (39:56)
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- 7. Order Quantity With Bulk Discount (23:32)
  Start
- 8. ROL - Re Order Level and Buffer Inventory (21:17)
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- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions -1 (21:56)
  Start
- 2. Practice Questions - 2 (16:47)
  Start
- Quiz - Materials
  Start
Chapter 8 - Labor Cost
9 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Remuneration Methods (20:29)
  Start
- 2. Gross and Net Earnings (10:27)
  Start
- 3. Direct and Indirect Labor Cost (20:11)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions 1 (6:27)
  Start
- 2. Practice Questions 2 (22:32)
  Start
- Quiz - Labor Cost
  Start
Chapter 9 - Expenses
6 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Expenses (20:43)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (21:07)
  Start
- Quiz - Expenses
  Start
Chapter 10 - Overheads
17 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. What are Overheads (18:37)
  Start
- 2. What is Absorption Costing (15:35)
  Start
- 3. Re Apportionment (22:10)
  Start
- 4. Overhead Absorption Rate (OAR) (26:20)
  Start
- 5. Under or Over Absorption (18:38)
  Start
- 6. Service Cost Center Overheads 1 (30:42)
  Start
- 7. Service Cost Center Overheads 2 (14:16)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. 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
- 2. Q 8.14 - 8.17 BPP Kit (15:13)
  Start
- 3. Mark up and Margin Extra Session (28:26)
  Start
- 4. Practice Questions - 1 (11:06)
  Start
- 5. Practice session - 2 (30:00)
  Start
- Your feedback is important for us !
  Start
- QUIZ - Overheads
  Start
Chapter 11 - Marginal Costing
11 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Marginal Costing & Absorption Costing (15:52)
  Start
- 2. Profit Reconciliation Under Marginal and Absorption Costing (27:30)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. BPP Kit Question - 1 (18:27)
  Start
- 2. BPP Kit Question - 2 (02:30)
  Start
- 3. BPP Kit Q 9.1 - 9.5 BPP Kit (21:07)
  Start
- 4. Marginal and Absorption Costing - Mixed Questions (38:00)
  Start
- 5. Marginal and Absorption Costing - Random Questions (20:44)
  Start
- QUIZ - Marginal Costing
  Start
Chapter 12 - Cost Bookkeeping
6 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Cost Bookkeeping Lecture (15:26)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (11:56)
  Start
- Quiz - Cost Bookkeeing
  Start
Chapter 13 - Job, Batch and Service Costing
8 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Job Costing (8:18)
  Start
- 2. Batch Costing (6:07)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (18:59)
  Start
- 2. Revision (30:39)
  Start
- Quiz - Job, Batch and Service Costing
  Start
Chapter 14 - Process Costing
15 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Process costing - Introduction (10:57)
  Start
- 2. Process Costing - Simple Example (09:20)
  Start
- 3. Normal Losses- Abnormal Losses - Abnormal Gains (21:17)
  Start
- 4. Work in Process - Weighted Average Method (23:29)
  Start
- 5. Statement of Equivalent Units - Extra (19:20)
  Start
- 6. Bonus - Cost Flow Within an Organization (23:20)
  Start
- 7. Joint and By Products (08:04)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (20:19)
  Start
- 2. Quiz Recap and Practice Questions (32:26)
  Start
- 3. Process Costing BBP Kit (76:00)
  Start
- Quiz - Process Costing
  Start
- Quiz - Process Costing, Join Products and by products
  Start
Chapter 15 - Cost Volume Profit Analysis
8 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Cost Volume Profit Analysis (36:00)
  Start
- 2. CVP Analysis - Live Session (41:09)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. BPP Practice Questions 13.1 to 13.8 (19:29)
  Start
- 2. BPP Practice Questions 13.9 to 13.17 (19:20)
  Start
- Quiz - Cost Volume Profit Analysis
  Start
Chapter 16 - Short Term Decision Making
10 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Short Decision Making & Relevant Cost of Materials (29:03)
  Start
- 2. Relevant Cost of Labor (13:06)
  Start
- 3. Limiting Factor Explained (22:03)
  Start
- 4. Limiting Factor Questions With Explanation (14:06)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (14:29)
  Start
- 2. Quick Recap and Practice Questions (42:05)
  Start
- Quiz - Short Term Decision Making
  Start
Chapter 17 - Investment Appraisal
18 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Introduction to Investment Appraisal (32:44)
  Start
- 2. Introduction to Discounted Cash Flow - DCF (9:14)
  Start
- 3. Compounding and Discounting (31:31)
  Start
- 4. Discounting the Cash Flows - Example (19:56)
  Start
- 5. Discount Factors (5:36)
  Start
- 6. Annuity (14:58)
  Start
- 7. Annuity Examples Solved (18:47)
  Start
- 8. Perpetuities (13:48)
  Start
- 9. Net Present Value - NPV (25:38)
  Start
- 10. Net Present Value Further Explained (14:05)
  Start
- 11. Nominal and Effective Interest Rate (07:02)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Revision and Practice Questions (60:00)
  Start
- 2. Practice Questions (33:19)
  Start
- 3. Investment Appraisal Questions including IRR (33:00)
  Start
- Quiz – Investment Appraisal
  Start
Chapter 18 - Cash and Cash Flow
10 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Cash Flow and Working Capital Cycle (17:46)
  Start
- 2. Types of Cash Transactions (16:01)
  Start
- 3. Profit and Cash (18:12)
  Start
- 4. Negative Cash Flow (14:16)
  Start
- 5. Accrual Based Accounting (12:53)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (11:57)
  Start
- Quiz - Chapters 18,19 and 20 combine quiz is available at the end of chapter 20
  Start
Chapter 19 - Cash and Treasury Management
8 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Introduction to Treasury Management (8:17)
  Start
- 2. Cash Handling and Management (32:45)
  Start
- 3. Economic and Financial Environment (7:21)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (06:48)
  Start
- Quiz - Chapters 18,19 and 20 combine quiz is available at the end of chapter 20
  Start
Chapter 20 - Forecasting Cash Flows
8 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Introduction to Cashflow Forecasting (17:02)
  Start
- 2. Preparing Cash Budgets (22:25)
  Start
- 3. Inflation and Index Numbers (23:13)
  Start
- 4. Introduction to Time Series (18:22)
  Start
- 5. Moving Averages (13:40)
  Start
- 6. Time Series Explained With Example (27:03)
  Start
- Quiz - Chapters 18,19 and 20
  Start
Chapter 21 - Investing Surplus Funds
10 Lessons
- 🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
  Start
- 1. Cash Surplus and Cash Deficit (18:14)
  Start
- 2. Budgeting For Surplus (10:07)
  Start
- 3. Investing Surplus Funds (10:48)
  Start
- 4. CAR Calculating the Compound Annual Return (13:59)
  Start
- 5. Investing Surplus Funds Options (23:25)
  Start
- Complete Study Notes
  Start
- 🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
  Start
- 1. Practice Questions (05:04)
  Start
- Quiz - Chapter 21 and 22 Combine Quiz is available at the end of Chapter 22
  Start
Chapter 22 - Raising Finance from a bank
3 Lessons
- 1. Practice Questions (07:09)
  Start
- Complete Study Notes
  Start
- Quiz - Chapters 21 and 22
  Start
Ma2 Mock Exam
2 Lessons
- MA2 Mock 1
  Start
- MA2 Mock 2
  Start
Progress Test
5 Lessons
- MA2 Progress Test 1
  Start
- MA2 Progress Test 2
  Start
- MA2 Progress Test 3
  Start
- MA2 Progress Test 4
  Start
- MA2 Progress Test 5
  Start
Live Kit Practice Sessions
16 Lessons
- 1. Cost Classification (73:33)
  Start
- 2. Material (69:00)
  Start
- 3. Labour (75:42)
  Start
- 4. Expenses (12:39)
  Start
- 5. Overheads Absorption Part 1 (30:46)
  Start
- 6. Overheads Absorption Part 2 (13:53)
  Start
- 7. Marginal and Absorption Costing (27:24)
  Start
- 8. Process Costing (45:23)
  Start
- 9. Mixed Questions Practice (46:26)
  Start
- 10. CVP Formulae (28:02)
  Start
- 11. CVP Analysis (43:59)
  Start
- 12. CVP Analysis Kaplan Kit Practice - Part 1 (25:51)
  Start
- 13. CVP Analysis (38:51)
  Start
- 14. Joint and By Products (28:47)
  Start
- 15. Relevant Costing, Limiting Factors and Buy in (64:00)
  Start
- 16. Information for Comparison (64:00)
  Start
Live Session Recordings Mar 2025
10 Lessons
- 1. MA 2 Syllabus Orientation
  Start
- 2. Management Information Mcq-s
  Start
- 3. Cost Classification & Cost Behavior Mcq's
  Start
- 4. Accounting for Material (Mcq-s 58 -70)
  Start
- 5. Accounting for Material (Mcq-s 71 - 81)
  Start
- 6. Accounting for Material (Mcq-s 82 - 91)
  Start
- 7. Accounting for Material (Mcq-s 92 - 95)
  Start
- 8. Accounting for Labour (96 -105)
  Start
- 9. Accounting for Labour (106 -114)
  Start
- 10. Accounting for Labour (115 - 123)
  Start
Examiner's Report
4 Lessons
- MA2 S23-A24 examiner's report.
  Start
- MA2 S22-A23 examiner's report.
  Start
- MA2 S21-A22 examiner's report.
  Start
- MA2 S20-A21 examiner's report.
  Start

Course Pricing

ACCA MA 2 - 4 Months Access

$110 USD

Complete Course With Tutor Support
- Four months access and tutor support
- Detailed video lectures on complete syllabus
- Video lectures for exam questions and solutions
- Exam practice question videos
- Short notes
- Online quizzes
- Active Tutor support until exam day
- Final mock exam

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ACCA MA 2 - 6 Months Access

$130 USD

Complete Course With Tutor Support
- Six months access and tutor support
- Detailed video lectures on complete syllabus
- Video lectures for exam questions and solutions
- Exam practice question videos
- Short notes
- Online quizzes
- Active Tutor support until exam day
- Final mock exam

Buy Now