EXAMINER’S APPROACH: F 2, F MA Management Accounting
WHERE THE PAPER FITS?
Diploma in Accounting and Business (3 papers below + FiP) (ACCA Fundamentals Knowledge module – 3 exam papers only ) F1 Accountant in Business (FAB) F2 Management Accounting (FMA) F3 Financial Accounting (FFA) Advanced Diploma in Accounting and Business (6 papers + Professional ethics module) (ACCA Fundamentals Skills Module – 6 exam papers only)
LINKS TO OTHER PARTS OF THE QUALIFICATION?
F5F5 F1F1 F9F9
Other papers PER
OVERALL CONCEPT?
“The management accountant looks up and down stream at the same time” Adapted from Irving Fisher 1930
BROAD THEMES?
Purpose Performance measurement Classification Costing methods Planning and control
F 2 CONTENT?
Section B Section A Section C
Section E Section D
EXAM STRUCTURE?
2 hours
50 two mark Objective type questions Answer all questions
EXAM FEATURES?
Exam style Guessing? Time allocation?
EXAM TIPS
Key strategy Approach
Tip 2 - Mix of questions! Tip 1 - Syllabus coverage! Tip 3 - Practice!
EXAM PITFALLS
Pitfall 2 - Rushing! Pitfall 1 - Unprepared! Pitfall 3 - Unanswered questions!
Preparing for exams Examiners’ reports
TO CONCLUDE
Apply! Read! Move on!