Management Accounts recap for Synoptic Level 4


I'm just about to start the synoptic course. Its been 1.5 years since I looked at the management account modules so going over old notes to try and remember the basics.

So far I’ve focused on calculating/explaining ratios as it looks like that's task 5 on the synoptic.
Also, 'how budgeting can improve performance' (incremental budgeting, flexed budgets etc ) as it appears to be task 2 on the synoptic. Am I on the right track?

The synoptic seems to be mainly written questions, but are there any key calculations anyone recommends from budgeting/decision & control that are needed? Forgot how much material there is, slightly nervous on re-learning it all in time!



  • Pian32
    Pian32 MAAT Posts: 474 Dedicated contributor 🌟 🐵 🌟
    I'd make sure you understand the variances and relevant costs. Task 4 is a decision question and you might be asked for a cost benefit analysis for task 6 so would need to understand relevant costs.
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