Paper F2 Management Accounting

Here are the notes. You can view them online.

Watch free ACCA lectures for Paper F2

Chapter 1

Introduction to Paper F2 and Chapter 1 The Nature and Purpose of Cost and Management Accounting

Chapter 2

Cost Classification and Behaviour part a

Cost Behaviour part b

Cost Classification and Behaviour part c – Example 6

Cost Classification and Behaviour part d Test Questions

Chapter 3

Overhead Allocation, Apportionment and Absorption part a Example 1

Overhead Allocation, Apportionment and Absorption part b Example 3

Overhead Allocation, Apportionment and Absorption part c Example 4

Reapportionment of service cost centre overheads Example 6

Chapter 4

Absorption Costing (example 1)

Absorption Costing (example 2)

Chapter 5

Marginal Costing (Example 1 & 2)

Chapter 6

Process Costing Introduction Example 1

Chapter 7

Process Costing – Normal Loss Example 1

Process Costing – Normal Loss with a scrap value Example 2

Process Costing – Abnormal Losses Example 3

Process Costing – Abnormal Gains Example 4

Chapter 8

Process Costing – Work-in-Progress Example 1

Process Costing – Work-in-Progress FIFO Example 2

Process Costing – Work-in-Progress: Weighted average Example 3

Chapter 9

Process Costing: Joint Products – Physical units basis Example 1

Process Costing: Joint Products – Market value basis Example 2

Process Costing: Joint Products – Net-realisable value approach Example 3

Chapter 10

Semi-Variable Costs (part a) Example 1
Semi-Variable Costs (part b) Example 2
Semi-Variable Costs (part c) Example 3
Semi-Variable Costs (part d) Tests

Chapter 11

Expected Values Example 1
(in the lecture mentioned as Example 4 from December 2010 notes)

Chapter 12

Cost Volume Profit Analysis (part a) Example 1
Cost Volume Profit Analysis (part b) C/S Ratio Example 3
Cost Volume Profit Analysis (part c) Tests
Cost Volume Profit Analysis (part d) Tests

Chapter 13

Inventory Control (part a) Example 1
Inventory Control (part b) The EOQ Formula Example 2
Inventory Control (part c) Quantity Discounts Example 3
Inventory Control (part d) The Economic Batch Quantity Example 4 & 5
Inventory Control (part e) Tests
Inventory Control (part f) Re-order Level

Chapter 14

Limiting factors – Linear Programming (Recorded specially for Papers F2 & F5)

Live Lectures: 
Limiting Factors (part a) Key Factor Analysis Example 1
Limiting Factors (part b) Linear Programming Example 2
Limiting Factors (part c) Limiting Factors Example 2 continued
Limiting Factors (part d) Linear Programming Example 2 cont.
Limiting Factors (part e) Linear Programming Example 2 cont.
Limiting Factors (part f) Tests

Chapter 15

Relevant Costing (part a) Example 1
Relevant Costing (part b) Example 1 cont.
Relevant Costing (part c) Tests

Chapter 16

Budgeting (part a)
Budgeting (part b) Example 1
Budgeting (part c) Example 2
Budgeting (part d) Example 2 continued + tests

Chapter 17

Variance Analysis (part a) Example 1
Variance Analysis (part b) Example 2
Variance Analysis (part c) Example 2 cont. Labour and Variable Overheads
Variance Analysis (part d) Tests: 2, 3 & 9
Variance Analysis (part e) Example 2 continued Fixed Overheads
Variance Analysis (part f) Example 2 Continued, Example 3
Variance Analysis (part g) Example 3
Variance Analysis (part h) Tests 6 & 7
Variance Analysis (part i) Marginal Costing Example 4
Variance Analysis (part j) Tests
Variance Analysis (part k) Interpretation of variances

Essential ACCA links

Paper F2 Syllabus (June 2011)

Paper F2 Syllabus (Dec 2011)

Paper F2 Technical Articles

Paper F2 Exam Formulae

Paper F2 Pilot Paper – Questions and Answers

Paper F2 Examiner’s Reports

F2 Examiner’s approach interview

F2 Examiner’s analysis interview

ACCA F2 Demo CBE Exam