About MA1
Management Information MA1 helps to initiate learners’ journeys in FIA. The course begins with fundamental management and accounting principles focused on finding, recording, and analyzing cost information in decision-making. MA1 aims to boost the candidates’ knowledge, understanding, and ability to provide basic knowledge to support management in planning. It prepares learners to check the cost information is accurate, the basic cost recording process with cost categories, finding information sources, and coding.
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Exam Structure
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The Management Information MA1 syllabus is assessed by a two-hour paper-based exam. The questions cover the entire syllabus. The exam check if the candidate has the knowledge and understanding of providing the basic management information within an organization for planning and decision-making.
Duration: 2 Hour
Medium: Paper-based
SO, Why Choose
Ahmed Shafi
Sir Ahmed Shafi is an experienced ACCA and FIA tutor with years of expertise. He supports learners to enhance their knowledge through topic-wise taste and get better clarity with examiner report analysis. Get personalized support from Sir Ahmed Shafi! Deep dives in lectures, topic assessments, and Ahmed Shafi notes help you master concepts. Analyse past papers, attend live webinars, and practice mock exams to conquer the test. His proven 50% passing rate and numerous global toppers speak for themselves. Invest in your future.
Qualifications and Achievements
Demo Lectures
Watch the demo lecture which provides insight into teach fin approach for ACCA, showcasing their teaching methodology, faculty expertise, and available resources for students.
Stay ahead in the Exams with Our specialized LMS
TFL-LMS
Our Specialised LMS provides student with the course in well structured manner which ensure effective and efficient study. Customized Testing system in our LMS helps a student to have actual exam experience while attempting homeworks and Mock Exams.
To discover further key features of our LMS, including Access to recorded lectures library, specialized testing system, access to course attachments and comprehensive progress reports, watch our tutorial video.
Watch LMS Walkthrough
COURSE OUTLINE
The Nature and Purpose of Cost and Management Accounting.
- The nature of business organizations and accounting systems
- The nature and purpose of management information
Source Documents and Coding
- Sources of information
- Coding system
Cost Classification and Measurement
- Cost classification and behavior
- Employment law.aCost units, cost centers, profit centers, and investment centers
Recording Costs
- Accounting for materials
- Accounting for labor
- Accounting for other expenses
- Accounting for product costs
Spreadsheets
- Spreadsheets overview
- Creating and using spreadsheets
- Presenting and printing spreadsheet data and information
Frequently Asked Questions
What is the ACCA-FIA qualification?
The ACCA FIA (Foundation in Accountancy) qualification provides fundamental knowledge and abilities in finance and accounting and is aimed at entry-level accounting certification. It consists of seven exams covering significant subjects in management and financial accounting. After finishing, it offers a route to both the ACCA CAT and professional qualifications.
What is the MA1 management information syllabus?
The MA1 Management Information program provides candidates with an introduction to fundamental costing concepts and methods with the instruments needed to apply them. The first section of the course introduces corporate organizations and the particular function of the management accountant within them.
How does the MA1 exam look?
The exam lasts two hours and consists of fifty-two mark multiple-choice questions.
Which previous qualifications are needed to start with the ACCA-FIA qualification?
There are no prerequisites for obtaining the ACCA-FIA qualification. Once you have passed the seven exams, you can apply to get the ACCA qualification.
In what order should I take the examinations for the ACCA and FIA?
It is recommended that students take the FA1 and MA1 exams first, then the FA2 and MA2 exams, and lastly the FBT, FMA, and FFA exams.
