Managerial Accounting notes for KNEC Diploma
Topic 1: Nature and scope of managerial accounting
Topic 2: Decision trees
Topic 3: Cost estimation
Topic 4: Cost volume profit analysis (C-V-P)
Topic 5: Marginal costing
Topic 6: Capital expenditure decisions
Topic 7: Transportation technique
Topic 8: Assignment technique
Topic 9: Queuing theory
Topic 10: Performance Evaluation Techniques
Topic 11: Budget and Budgetary Control
Topic 12: Emerging trends and issues in managerial accounting
At the end of this module unit, the trainee should be able to:
- Carry out estimating and forecasting costs using various methods
- Recognize the role of managerial accounting in decision making
- Carry out step-by-step process in solving decision making problems
- Carry out performance evaluation for a business
- Prepare a budget in a business
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