ACCA F2 Syllabus

ACCA F2 Syllabus I The nature, source and purpose of management information    

Accounting for management Sources of data Cost classification Presenting information

II Cost accounting techniques.    

Accounting for material, labour and overheads Absorption and marginal costing Cost accounting methods Alternative cost accounting principles

III Budgeting       

Nature and purpose of budgeting Statistical techniques Budget preparation Flexible budgets Capital budgeting and discounted cash flow Budgetary control and reporting Behavioural aspects of budgeting

IV Standard costing   

Standard costing system Variance calculations and analysis Reconciliation of budgeted and actual profit

V Performance measurement    

Performance measurement - overview 2 Performance measurement - application 3 Cost reductions and value enhancement 4. Monitoring performance and reporting