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 Parag Gupta
- He is a lecturer, entrepreneur and an examiner by profession. In the last few years, he is consistently rated as the top lecturer for Cost Management and Operations Research.
- He has served as a lecturer at Institute of Chartered Accountant of India (ICAI) and other private professional institutions including Pearson, Gaap Bright, VG Learning Destination, etc.
- He has also worked as an examiner and observer for ICAI.
- Parag Gupta holds a degree in commerce from the University of Delhi and has been awarded Chartered Accountant degree from ICAI. He also holds a Diploma in Information Systems Audit (DISA) from ICAI.
- Videos have to be Downloaded from Google Drive
- Complete details like time duration of each class, topics covered in each class are provided with this package.
- Hard Copies of Study Material will be provided with this pack Revision, Study and Examination tips videos are also provided.
- Video solutions of some past year examinations are also provided.
System requirement – Windows 7 or above.
How to proceed after purchase? Link for downloading classes online (Approx. Size-40GB) is provided. Encrypted Classes will be available on the said link and will be uploaded on a gradual basis.
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