ACCA Management Accounting (F2)
What is ACCA?
ACCA stands for the Association of Chartered Certified Accountants a leading international accountancy
body. The ACCA qualification is recognised and is treated in other countries as being equivalent to their
local qualification. The ACCA qualification proves to employers that you have ability in all aspects of
business. It is the largest and fastest growing qualification in the world, with over 500,000 members and
students in 170 countries.
Managerial accounting (F2) known as cost accounting, is the process of identifying, measuring,
analyzing, interpreting, and communicating information to managers for the pursuit of an organization's
goals. The key difference between managerial and financial accounting is managerial accounting
information is aimed at helping managers within the organization make decisions, while financial
accounting is aimed at providing information to parties outside the organization.