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| Section | Objectives |
|---|---|
| Performance Measurement | - Basic business performance evaluation - Financial and non-financial performance indicators |
| Cost Classification and Behavior | - Direct and indirect costs - Fixed, variable, and semi-variable costs |
| Budgeting | - Flexible budgets and variance analysis - Budget preparation and control |
| Recording and Accounting for Costs | - Materials, labour, and overhead accounting - Cost allocation and apportionment |
| Standard Costing and Variance Analysis | - Material, labour, and overhead variances - Interpretation of variances |
| Introduction to Management Accounting | - Nature, purpose, and role of management accounting - Cost accounting vs financial accounting |
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