The aim of this module is to ensure that candidates understand the role, function and principles
of management accounting as it supports the decisions of management in the planning,
monitoring and control of organisations. 

On completion of this module, candidates will reach a competency sufficient to be able to:
 
(A)  Explain the scope of management accounting within both commercial and public
sector organisations
(B)  Account for the cost elements
(C)  Identify and describe the costs associated with the production of products and
provision of services and use them to determine prices;
(D)  Select and apply appropriate forecasting techniques to assist in budget preparation
(E)  Prepare budgets and explain the purpose of budgets and budgetary control
(F)  Calculate and explain differences between actual performance and standards or budgets

PRICE GHC100.00 (SUBJECT TO ANNUAL REVIEW)