The syllabus aims to develop a knowledge and understanding of the principles and techniques used in recording, analysing and reporting costs and revenues for internal management purposes. It covers management information, cost recording, costing techniques, decision-making and cash management.

It builds on a good knowledge of basic management accounting from MA1 Management Information. Brought-forward knowledge is identified throughout the Interactive Text. The examining team will assume you know this material and it may form part of an exam question.