EXAMINER’S APPROACH: F2,FMA Management Accounting WHERE THE PAPER FITS? Advanced Diploma in Accounting and Business (6 papers + Professional ethics module) (ACCA Fundamentals Skills Module – 6 exam papers only) 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) LINKS TO OTHER PARTS OF THE QUALIFICATION? F1 F5 F9 Other papers PER OVERALL CONCEPT? “The management accountant looks up and down stream at the same time” Adapted from Irving Fisher 1930 BROAD THEMES? Performance measurement Planning and control Purpose Classification Costing methods F2 CONTENT? Section A Section B Section C Section D Section E EXAM STRUCTURE? 2 hours 50 two mark Objective type questions Answer all questions EXAM FEATURES? Exam style Guessing? Time allocation? EXAM TIPS Approach Key strategy 1- Tip Syllabus coverage! Tip 2 - Mix of questions! Tip 3 - Practice! EXAM PITFALLS Pitfall 1 - Unprepared! Pitfall Pitfall 2 - Rushing! 3 - Unanswered questions! Preparing for Examiners’ exams reports TO CONCLUDE Read! Apply! Move on!
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