Advanced Management Accounting

Description

Advanced Management Accounting

Advanced Management Accounting CPA Advanced Level is a KASNEB course. It prepares the student to apply advanced management accounting techniques in business decision making.

Download free Advanced Management Accounting CPA Advanced Level PDF notes and past papers for the new KASNEB syllabus 2021 now.

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To pass KASNEB CPA Advanced Level Advanced Management Accounting New Syllabus 2021 exam, the student is expected to cover the following topics:

• Nature of management accounting
• Decision theory- Decision process – Decision making environment – certainty, risk, uncertainty and competition – Decision making under uncertainty – maximin, maximax, minimax regret, Hurwicz decision rule, Laplace decision rule
• Cost estimation and forecasting- Interpretation of ANOVA tables – Learning curve and its application
• Inventory control decisions – Cost of holding and ordering inventory – Stochastic inventory models – Inventory models for perishable items – Application of simulation models in inventory control
• Pricing decisions- External pricing methods – Internal pricing methods (transfer pricing) – Target costing – Life cycle costing
• Short-term planning and decision-making
• Budgetary control and advanced variance analysis
• Performance measurement and evaluation
• Environmental management accounting
• Emerging issues and trends in Advanced Management Accounting

KASNEB students should get the foundations of Advanced Management Accounting in preparation for exposure to the business environment. We advise KASNEB students to prepare for KASNEB CPA Advanced Level exams adequately. Students taking other courses like Certified Investment and Financial Analyst (CIFA) and ACCA among other KASNEB certified courses will find these resources helpful.

Many students and colleges have benefited from the resources offered by the Pass Exams Team.

Other units or courses in KASNEB CPA Advanced Level include:

• Advanced Public Finance and Taxation
• Advanced Auditing and Assurance
• Advanced Financial Reporting and Analysis
• Leadership and Management
• Advanced Financial Management
• Advanced Public Finance Management

Download free KASNEB CPA Advanced Level PDF notes and past papers now. Additionally, KASNEB CPA Intermediate Level notes and past papers are available.