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CPA MA Exam Syllabus Topics:

SectionObjectives
Cost Classification and Behavior- Fixed, variable, and semi-variable costs
- Direct and indirect costs
Budgeting- Budget preparation and control
- Flexible budgets and variance analysis
Recording and Accounting for Costs- Materials, labour, and overhead accounting
- Cost allocation and apportionment
Standard Costing and Variance Analysis- Material, labour, and overhead variances
- Interpretation of variances
Performance Measurement- Financial and non-financial performance indicators
- Basic business performance evaluation
Introduction to Management Accounting- Cost accounting vs financial accounting
- Nature, purpose, and role of management accounting

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