This paper is intended to equip the candidate with knowledge, skills and attitudes that will enable him/her to apply management accounting principles and concepts in business.
A candidate who passes this paper should be able to:
Estimate the cost of goods and services
Analyse product costs for manufacturing and non-manufacturing activities
Prepare marginal and absorption cost statements
Analyse an organisation’s activities through budgetary control process
Analyse variances for decision making
Use computers in cost Accounting