The main objective of introducing Cost & Management Accounting and Financial Management is to provide an in depth knowledge of the detailed procedures and documentation involved in cost ascertainment systems and also to understand the concepts of Financial Management, its application for managerial decision making.

The syllabus test you on

• Understand the cost and management accounting techniques for evaluation, analysis and application in managerial decision making
• Compare and contrast marginal and absorption costing methods in respect of profit reporting
• Apply marginal and absorption costing approaches in job, batch and process environments
• Prepare and interpret budgets and standard costs and variance statements
• Identify and apply the concepts of Financial Management