Management Accounting Principles- A1

LO1 Demonstrate an understanding of management accounting systems.

LO2 Apply a range of management accounting techniques.

Part A: Produce a portfolio of completed calculations for financial statements, including income statements using variable costings.

Part B: The presentation includes supporting calculations from a portfolio of completed financial statements, plus:

1. An explanation of the principles of management accounting.
2. The role of management accounting and management accounting systems.
3. The use of techniques and methods used in management accounting by

presenting calculations for an income statement using variable costings.

4. Explanation of how management accounting is integrated within an organisation.
5. The benefits of the function to the organisation.

*Please access HN Global for additional resources support and reading for this unit. For further guidance and support on presentation skills please refer to the Study Skills Unit on HN Global. Link to www.highernationals.com

The submission is in the form of a completed portfolio of income statements that demonstrate calculations using variable costings.

The submission is also in the form of a 10-minute individual PowerPoint presentation and 5 minutes allocated for questions. The presentation slides and speaker notes should be submitted as one copy. You are required to make effective use of PowerPoint headings, bullet points and subsections as appropriate. Your research should be referenced using the Harvard referencing system. Please also provide a bibliography using the Harvard referencing system. The recommended word limit is 1,000–1,500 words, including speaker notes, although you will not be penalised for exceeding the total word limit.

P1 Explain management accounting and give the essential requirements of different types of management accounting systems. P2 Explain different methods used for management accounting reporting. P3 Calculate costs using appropriate techniques of cost analysis to prepare an income statement using marginal and absorption costs. M1 Evaluate the benefits of management accounting systems and their application within an organisational context. M2 Accurately apply a range of management accounting techniques and produce appropriate financial reporting documents. D1 Critically evaluate how management accounting systems and management accounting reporting is integrated within organisational processes. D2 Produce financial reports that accurately apply and interpret data for complex business activities.