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C.I.M.A.C1 Fundamentals of Management Accounting

Class Slides- Introduction

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 Your Tutor/Lecturer. Ian Wilson CIMA/CGMA uali!ed

"TLLS # Cit$ # Guilds teac%ing &uali!cations '( $ears) Accounting # Industr$ e*+erience Consultanc$ e*+erience ,+erated at Senior # oard leel in arious

+lcs and +riate com+anies ,0ned manufacturing usiness for 2 $ears

Introduction:

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3otes Slides 4egisters

4oom Moile 5%ones Calculators e%aiour Standards

Housekeeping:

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e +rofessional6 I 0ill. e +olite6 consider ot%ers. e attentie. Stud$ 3otes/Te*t/Slides

Wor7 t%roug% e*am+les in class and a0a$from class.

Listen to m$ e*am+les/e*+eriences6 t%e$0ill add alue to $our studies.

Start as $ou mean to go on toda$8

In Class: Behaviour & Standards

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4ela*ed6 ,+en6 9umour6 Friendl$ :*+ect 9ard Wor7 and Attention :*am+les6 lots of t%em8

4ead Good 3e0s+a+ers6 t%e Financial 5ress Watc% t%e usiness 3e0s ;se good Internet sites for 3e0s/<ie0s on

su=ect area to+ics >CIMA Gloal? uestions and discussion

Teaching Style

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 You are %ere to +ass an e*am. I am %ere to facilitate t%at +rocess. Wor7 toget%er@.

' %our +a+er >CA? ( o=ectie test &uestions ALL &uestions %ae to e attem+ted

Ea!s

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1. 3ature # +ur+ose of Management accounting

'. Cost Classi!cation # e%aiour

2. Accounting for oer%eads

B. udgets

(. <ariances

.  Do # atc% costing

E. 5rocess Costing

. Cost oo77ee+ing. C<5 Anal$sis

1. S%ort Term "ecision Ma7ing

11. Inestment A++raisal

C.I.M.A C " #earning Ai!s

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C1A

Management Accounting 1H

C1

Cost e%aiour # Identit$ '(H

C1C

5lanning 2H

C1"

Accounting Control S$stems 'HC1:

"ecision Ma7ing 1(H

Sylla$us Areas

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W%at do slides coer– Je$ areas of t%e s$llaus

;sing t%e slides

–;se t%e slides as a +oint of reference

– Add detail $ ta7ing notes around t%e slides>eg using material from t%e corres+ondingStud$ Te*t c%a+ter?

– Consider adding notes to slides $ourself

– 4ecommend students attem+t a++ro+riate&uestions from t%e CIMA +ilot +a+er # ot%ersources

%hat to o in Class'

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How to passHave sound theoretical knowledge

 (Attend Tuition Classes)

Practice application skills

(Question Practice)

Be prepared!(Attend Revision & QBR)

Read the question requirements

Ho( to )ass

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1 Sessions for CIMA C1K 12/' '/B '/' 1/B

'E/' '2/B (/2 1'/2 1/2 '/2

The Course dates