Paper 5: Advanced Management Accounting
To begin with, the main focus of ‘Advanced Management Accounting’ is on the application of
- ‘Cost Management’ techniques and,
- ‘Financial Decision Modeling’ tools in various types of decision making at all levels of management.
Moreover, the application of Advanced Management Accounting helps to:
- Understand the ways and means to maximize revenue by reducing cost without affecting the essential qualities of products.
- Imposing control by classifying divisions as responsibility centres, allocating budgets and performance evaluation by setting various standards and variance analysis.
Also, the subject of Advanced Management Accounting focuses on:
- Developing of knowledge required for analysis of quantitative and qualitative information in order to help the management in decision making.
About the Teacher
CA Raj Kumar Agrawal
- Raj K Agrawal qualified Chartered Accountancy with all India 27th rank in CA Final and all India 29th rank in CA PE-I.
- He has also been a consistent school and college topper.
- He is endowed with the passion of winning as evidenced through demonstrated excellence in Academics and Teaching Career.
- Raj K Agrawal is an Educator of a renowned commerce coaching class at Varanasi.
- He has authored several books for professional courses.
- His primary focus is on enhancing student’s knowledge theoretically and practically as well as focused preparations to ensure success in the examinations and to achieve professional expertise.
- 4 views per lectures.
- Hard books are also provided along with the video lectures.
- Doubt resolution facility is available via email .
- Amendment lectures are provided via email.
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