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In Fundamentals of Management Accounting, you'll explore key management accounting concepts and techniques, understanding its role in both commercial and public sectors.

You'll develop essential skills for planning, control, and decision-making. Our expert tutors and subject specialists provide high-quality study materials to support your success.

Study from£325 (inc VAT)

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Dedicated support from CIMA qualified tutors

Classroom, residential and blended online options

Over 50 years delivering accounting qualifications

Approved CIMA provider

Globally recognised qualifications

Market leading pass rates

Subject Overview

In the BA2 - Fundamentals of Management Accounting module, learners will study the principles and practices of management accounting. The key topics typically include:

The nature of management accounting

  • The role of management accounting in planning, decision-making, and control.

  • Understanding cost behaviour and the classification of costs.

Costing methods and techniques

  • Different costing methods, such as absorption costing, marginal costing, and activity-based costing.

  • Techniques for calculating and analysing costs for products, services, and processes.

Budgeting & forecasting

  • The importance of budgets in financial planning.

  • Preparation and interpretation of budgets.


Standard costing and variance analysis

  • How to calculate standard costs and analyse variances to monitor and control performance.


Performance measurement

  • Tools and techniques for assessing and improving financial and operational performance.

  • Non-financial performance measures and their integration with financial metrics.


Decision-making techniques

  • Contribution analysis, cost-volume-profit (CVP) analysis, and relevant costing for short-term decision-making.

  • Evaluation of risks and uncertainties in decision-making.


This module builds foundational knowledge and skills in management accounting, essential for further studies and professional application in financial and business management contexts.

Subject Details

Completing this CIMA qualification typically takes 6-12 months  

Induction 

Before we dive into the course units, you’ll complete an induction to help you prepare for the programme and get the most out of your learning. This will involve: 

  • Meeting the learner community and accessing our extensive online resources 

  • Receiving your study materials 

  • Meeting your tutor and connecting to Microsoft Teams 

  • Exploring your module workbooks 


Start your learning journey

Apply now and join learners who are building new skills and advancing their careers with Reed Business School.

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Chose your study method

We offer a range of study methods to suit your lifestyle and budget. All our study options include 24-hour access to our Virtual Learning Environment (VLE) where you can study in your own time between classes.

On-demand

Flexible, self-paced online learning. Ideal for independent learners.

  • Comprehensive digital materials

  • Access to recorded webinars

  • Tutor support via email

  • Self-assessment quizzes

  • Engage with your tutor on a 1-2-1 basis


Duration: 3 months

£325 (inc VAT)

Live Online

Real-time, online classes with live tutors. Ideal for learners seeking flexibility.

  • Scheduled live sessions online

  • Direct support from tutors

  • Real-time collaboration with peers

  • Recorded sessions for later review

  • Interactive online learning environment


Duration: 3 months

£540.00 (inc VAT)

Online classroom

Enjoy a classroom experience from home. Ideal for learners seeking live online lessons.

  • Online classroom experience

  • Direct support from tutors

  • Real-time collaboration with peers

  • Recorded sessions for later review

  • Interactive online learning environment


Duration: 3 months

£540.00 (inc VAT)

Classroom

In-person learning. Ideal for learners who prefer traditional classroom settings.

  • Face-to-face, classroom learning.

  • Immediate feedback from tutors.

  • Networking with fellow learners.

  • Online resources for extra support.

  • Convenient times and locations


Duration: 3 months

£735.00 (inc VAT)

Residential

In-person learning at our 17th-century Manor. Ideal immersive experience.

  • Unique learning environment

  • All-inclusive experience

  • Accommodation and meals

  • Outstanding facilities

  • On-site exam centre

Course price does not include accommodation fees. Rooms are available from £75 per night.


Duration: 3 months

£700.00 (inc VAT)

See what our learners have to say...

Not sure which option is right for you? 

Speak to one of our specialist learning advisers who will talk you through your options.