About the Lecturer

Michael Metzger is a Qualified Chartered Accountant (ACA) who specialized in Financial Services Audit. Michael has lectured on Undergrad and Post-Grad Masters programmes in Dublin Technological University in Audit, Finance & Accounting modules. Additionally, he provide consultancy to Accounting Firms to help supplement additional Audit exam support for students.

 

AIM – To develop knowledge and understanding of management accounting techniques to support management in planning, controlling and monitoring performance in a variety of business contexts.

The syllabus includes:

The syllabus for Management Accounting (MA)/FMA, introduces candidates to elements of management accounting which are used to make and support decisions. The syllabus starts by introducing the nature, the source and purpose of management information followed by the statistical techniques used to analyse data. Then the syllabus addresses cost accounting and the costing techniques used in business which are essential for any management accountant. The syllabus then looks at the preparation and use of budgeting and standard costing and variance analysis as essential tools for planning and controlling business activities. The syllabus concludes with an introduction to measuring and monitoring the

performance of an organisation.

On successful completion of this exam, candidates should be able to:

1. Explain the nature, source and purpose of management information
2. Explain and apply data analysis and statistical techniques
3. Explain and apply cost accounting techniques
4. Prepare budgets for planning and control
5. Compare actual costs with standard costs and analyse any variances
6. Explain and apply performance measurements and monitor business performance

The syllabus is assessed by a two hour computer based examination. The examination will consist of two sections. Section A will contain 35 two mark objective questions. Section B will contain 3 ten mark multi-task question – each of which will examine budgeting, standard costing and performance measurement sections of the syllabus.