The syllabus for Management Accounting(MA)/(FMA), introduces candidates to elements ofmanagement accounting which are used to makeand support decisions.The syllabus starts by introducing the nature, thesource and purpose of management informationfollowed by the statistical techniques used toanalyse data. Then the syllabus addresses costaccounting and the costing techniques used inbusiness which are essential for any managementaccountant.The syllabus then looks at the preparation and useof budgeting and standard costing and varianceanalysis as essential tools for planning andcontrolling business activities. The syllabusconcludes with an introduction to measuring andmonitoring the performance of an organisation