Management Accounting (MA)/FMA

Article Image
Course dates
January, April, July and October
Course price
Estimated effort
50 hours of study in total

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Prepare for ACCA’s exam ‘Management Accounting (MA)/FMA’, part of the ACCA Diploma in Accounting and Business (RQF Level 4).

About this course

Learn management accounting techniques to help you support businesses to plan, control and monitor performance.

This course will introduce you to different ways of managing finance within an organisation with the aim of enhancing business performance.

It will allow you to develop your knowledge and understanding of how to make financing and investment decisions and help you to understand:

  • how organisations finance their operations
  • how to plan and control cash flows
  • how to make the best use of working capital
  • the principles of making capital investment decisions.

Completion of this course will also prepare you for the ACCA exam ‘Management Accounting (MA)/FMA’, one of three exams required to achieve the ACCA Diploma in Accounting and Business (RQF Level 4).

What you will learn

  • The nature, source and purpose of management information
  • Cost accounting techniques
  • Budgets for planning and control
  • Comparisons and analysis of variances
  • Performance measurement and monitoring of business performance.

Weekly live tutor sessions

These will take place at the following times. If you miss a session you can always catch up by watching a recording.

  • Week 1: Thursday at 10:30am (UTC)
  • Week 2 to Week 9: Thursday at 10am (UTC)
  • Week 10: Thursday 10:30am (UTC)

Entry requirements

Take this course if you’re just starting out in finance, or if you work in finance but do not yet have a professional qualification.

If not, try one of our free courses first:


This course does not offer an edX certificate.

For learners who would like to progress to the ACCA Diploma in Accounting and Business (RQF Level 4), please register with ACCA as a student.

We recommend you study ACCA-X courses: Accountant in Business; Management Accounting; and Financial Accounting before taking ACCA’s computer-based exams Accountant in Business (AB)/FAB, Management Accounting (MA)/FMA and Financial Accounting (FA)/FFA. You will also need to complete a free, online module called "Foundations in Professionalism".

Course Staff

  • Lynn Watkins

    Lynn Watkins

    Lynn qualified as a Chartered Accountant in 1992 and moved into financial publishing in 1997. She was employed as one of BPP Professional Education’s in-house writers for eight years and whilst in this role, she was the author responsible for several management accounting, business mathematics and statistics titles for a number of accounting qualifications (AAT, ICSA, CIMA, CAT and ACCA). She also worked as a freelance lecturer teaching foundation level cost accounting and quantitative techniques. Since 2005 she has been a self-employed author working on a variety of different educational publications (including science and maths at GCSE and A Level).