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CPA MA Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: The nature and purpose of management accounting7%- The role and objectives of management accounting
  • 1. Management accounting information and value creation
  • 2. Differences between financial, cost and management accounting
  • 3. Management accounting systems and strategic management
Topic 2: Performance measurement12%- Performance evaluation systems
  • 1. Reward systems linked to performance
  • 2. Balanced Scorecard
  • 3. Financial performance measures
Topic 3: Short-term and long-term decision making18%- Decision support techniques
  • 1. Risk considerations in investment decisions
  • 2. Capital expenditure evaluation
  • 3. Relevant information for operating decisions
  • 4. Decision-making process
Topic 4: Budgeting and variance analysis20%- Budget preparation and control
  • 1. Behavioural aspects of budgeting
  • 2. Operations, cash and financial statement budgets
  • 3. Incremental and zero-based budgeting
  • 4. Standard costing and variance analysis
Topic 5: Types of product costing23%- Product costing methods
  • 1. Activity-based costing
  • 2. Absorption costing principles
  • 3. Marginal costing techniques
  • 4. Job costing and process costing
  • 5. Overhead allocation and apportionment
Topic 6: Cost classification and cost-volume-profit analysis15%- Cost behaviour and CVP analysis
  • 1. Cost-volume-profit analysis applications
  • 2. Fixed and variable cost separation techniques
  • 3. Cost classifications and characteristics
Topic 7: Inventory and pricing decisions5%- Inventory management and pricing
  • 1. Long-term pricing decisions
  • 2. Inventory control techniques
  • 3. Just-in-time principles

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