Description
Advanced Management Accounting
Advanced Management Accounting CPA Section 5 is a KASNEB course. It prepares the student to apply advanced management accounting techniques in business decision making.
Download free Advanced Management Accounting CPA Section 5 PDF notes and past papers for the new KASNEB syllabus 2021 now.
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To pass KASNEB CPA Section 5 Advanced Management Accounting New Syllabus 2021 exam, the student is expected to cover the following topics:
- Nature of management accounting
- Decision theory- Decision process – Decision making environment – certainty, risk, uncertainty and competition – Decision making under uncertainty – maximin, maximax, minimax regret, Hurwicz decision rule, Laplace decision rule
- Cost estimation and forecasting- Interpretation of ANOVA tables – Learning curve and its application
- Inventory control decisions – Cost of holding and ordering inventory – Stochastic inventory models – Inventory models for perishable items – Application of simulation models in inventory control
- Pricing decisions- External pricing methods – Internal pricing methods (transfer pricing) – Target costing – Life cycle costing
- Short-term planning and decision-making
- Budgetary control and advanced variance analysis
- Performance measurement and evaluation
- Environmental management accounting
- Emerging issues and trends in Advanced Management Accounting
KASNEB students should get the foundations of Advanced Management Accounting in preparation for exposure to the business environment. We advise KASNEB students to prepare for KASNEB CPA Section 5 exams adequately. Students taking other courses like Certified Investment and Financial Analyst (CIFA) and ACCA among other KASNEB certified courses will find these resources helpful.
Many students and colleges have benefited from the resources offered by the Pass Exams Team.
Other units or courses in KASNEB CPA Section 5 include:
After completion of KASNEB CPA Section 5, the student will advance to KASNEB CPA Section 6 which has the following units:
Download free KASNEB CPA Section 5 PDF notes and past papers now. Additionally, KASNEB CPA Section 6 PDF notes and past papers are available for the above units.
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