Management Accounts recap for Synoptic Level 4

Hi!

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!

Thanks,
James

Comments

  • Pian32
    Pian32 Registered 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.
    AAT Level 4, MAAT
    ACCA in progress
    F4- Passed Aug 2020
    F5- Passed Dec 2020
    F6- Passed Sep 2020
    F7- Passed June 2021
    F8 - Passed Sep 2021
    F9 - Passed June 2021

    SBL -
    SBR - Passed Mar 22
    ATX - Passed Dec 21
    APM - Passed June 22
Privacy Policy