Mancosa Management Accounting for decision making lecture notes

BACHELOR OF COMMERCE IN ACCOUNTING

MANAGEMENT ACCOUNTING FOR DECISION-MAK

, SCOPE OF MANAGEMENT ACCOUNTING & FINANCE 3A


The MAF
FURTHER ASPECTS IN BUDGETING
module c
THE INVESTMENT DECISION 5 learnin
MANAGEMENT OF WORKING CAPITAL
ANALYSIS & INTERPRETATION OF FINANCIAL STATEMENTS
MANAGEMENT ACCOUNTING IN THE MODERN BUSINESS ENVIRONMENT

, MANAGEMENT ACCOUNTING & FINANCE 3A LEVEL OUTCOME
On successful completion of the module, you should be able to:


Outline the nature and Recognise the importance Prepare and analyse
purpose of a number of of the management of forecast statements/budgets
recent developments in working capital in a
management accounting business context
practice 2

4

1 3 5


Analyse financial statements Apply capital investment
and reports appraisal techniques for the
implementation of business
decisions

,  RECOMMENDATIONS FOR MASTERY OF MAF 3A MODULE:
 Accounting is a professional field; thus, you are REQUIRED to read, inte
practice lot on your own !!
 The Notional learning Hour Table in the MG shows that only 20% of your lear
will take placed in a facilitator-student session. Thus, 80% of the learning is
OWN.
 The MAF 3A module should be studied using the recommended and pr
textbooks and the relevant sections of this Module Guide.
 You must first read the appropriate section of Module Guide before you start re
textbooks in detail.
 Ensure that you make your own notes as you work through both the textbook
module guide. For example, when studying life cycle costing, make your ow
drawing from the MG, Webinar presentations, prescribed textbook and reco
reading on target costing. Include all examples demonstrated during the webina
 Work through the PowerPoint presentations and Practical examples on MS WO