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Professional, Practical, Proven
Kathleen Regan October 2016
Management Accounting
• Statistics
• Syllabus
• Summer 2016 paper
• Autumn 2016 Paper
• General Points
Content
May August Overall*
2016 69% 43% 75%
2015 57.50% 83% 83%
2014 76% 76% 85%
Management Accounting Statistics
% Pass Rate
* Overall refers to the total percentage of students that passed the exam in the Academic Year (May and August combined)
Statistics
SECTION A – 3 compulsory questions
Cost Accumulation for Inventory and Profit Measurement
Question 1: Costing Systems
Separation of fixed, variable and mixed costs
Information for Decision Making
Question 2: Relevant costs for Decision Making
Decision Making
Standard Costing, Budgetary planning and Control
Question 3: Standard Costing
Calculations of variances
Summer 2016 Examinations
SECTION B – 2 out of 3 questions
Selection of Syllabus areas
Question 4: Costing terms
Theory question requiring explanation and differences between certain costing terms.
Cost Accumulation for Inventory and Profit Measurement
Question 5: Overhead Costing
Allocation and Absorption of Overheads
Information for Decision Making
Question 6: Management Accounting for Decision Making
CVP Analysis
Summer 2016 Examinations
SECTION A – 3 compulsory questions
Cost Accumulation for Inventory and Profit Measurement
Question 1: Overhead Costing and Activity Based Costing
Comparison of absorption costing and activity based costing
Information for Decision Making
Question 2: Management Accounting for Decision Making
CVP Analysis
Information for Decision Making
Question 3: Relevant costing in Decision Making
Limiting Factors
Autumn 2016 Examinations
SECTION B – 2 out of 3 questions
Standard Costing, Budgetary planning and Control
Question 4: Budgetary Planning and Control
Theory question requiring explanation and differences between certain costing terms.
Cost Accumulation for Inventory and Profit Measurement
Question 5: Other Costing Techniques
Process Costing
Standard Costing, Budgetary planning and Control
Question 6: Standard Costing
Calculation of Variances
Autumn 2016 Examinations
1. Nature and purpose of Management Accounting,
Costing Terms & Concepts (10%)
2. Cost Accumulation for Inventory & Profit Mgt (35%)
3. Standard costing, budgetary planning & control (30%)
4. Information for Decision making (25%)
New Syllabus Areas
‘…provide learners with knowledge and technical competency in management
accounting to support business functions, activities and decision making’
Key Learning Outcome
• Examiner’s Reports highlight problem areas.
• Balance emphasis across syllabus areas – across both papers.
• Read the requirement and answer accordingly.
General Points – Examiner’s Report
• Reference material
- Accounting Technicians Ireland Course Textbook
2015/16.
- past exam papers.
- sample papers.
- additional questions
General Points – Examiner’s Report
Any Questions?
Questions
