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 Vinod Reddy
Is renowned amongst the CA student’s fraternity in Pune for CPT – QA & M.law, IPCC – S.M & Costing, FINAL – QT & Cost Management & has guided more than 47,000 students in a span of 12 years.
Passionately investing untiring efforts, to sow and reap the best for his students. A fellow member of ICAI who has been actively participating in the various conferences & seminars. Percept is his brainchild & is set-up with a vision to raise the standards of CA coaching in India. Has conducted more than 200 batches of CA Final – Cost Management and Quantitative Techniques.
- Doubt Resolution will be done Email/Whatsapp/Call.
- Hard Copy of Study Material will be provided.
- Amendments are shared either via web link / another pen drive.
- Charts are provided with the package.
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