CA25: Management Accounting

CA25: Management Accounting is an Intermediate Level paper in the KASNEB CPA qualification. It equips learners with the knowledge and practical skills required to collect, analyze, and interpret financial and non-financial information for planning, decision-making, performance evaluation, and cost control. The course emphasizes the application of management accounting techniques to improve organizational efficiency, profitability, and strategic decision-making.

Key Topics Covered

• Introduction to Management Accounting
• Cost Classification and Cost Behaviour
• Costing Methods and Cost Accumulation
• Material, Labour, and Overhead Costing
• Job, Batch, Process, and Service Costing
• Activity-Based Costing (ABC)
• Marginal and Absorption Costing
• Cost-Volume-Profit (CVP) Analysis
• Budgeting and Budgetary Control
• Standard Costing
• Variance Analysis
• Relevant Costing and Decision-Making
• Pricing Decisions
• Performance Measurement and Responsibility Accounting
• Transfer Pricing
• Strategic Management Accounting
• Environmental and Sustainability Accounting
• Ethical Issues in Management Accounting