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Last Updated: Aug 08, 2026

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CPA MA Exam Syllabus Topics:

SectionWeightObjectives
Inventory and pricing decisions5%- Inventory management and pricing
  • 1. Long-term pricing decisions
  • 2. Just-in-time principles
  • 3. Inventory control techniques
Budgeting and variance analysis20%- Budget preparation and control
  • 1. Standard costing and variance analysis
  • 2. Behavioural aspects of budgeting
  • 3. Operations, cash and financial statement budgets
  • 4. Incremental and zero-based budgeting
Short-term and long-term decision making18%- Decision support techniques
  • 1. Risk considerations in investment decisions
  • 2. Decision-making process
  • 3. Relevant information for operating decisions
  • 4. Capital expenditure evaluation
Performance measurement12%- Performance evaluation systems
  • 1. Balanced Scorecard
  • 2. Financial performance measures
  • 3. Reward systems linked to performance
The nature and purpose of management accounting7%- The role and objectives of management accounting
  • 1. Management accounting systems and strategic management
  • 2. Differences between financial, cost and management accounting
  • 3. Management accounting information and value creation
Types of product costing23%- Product costing methods
  • 1. Absorption costing principles
  • 2. Activity-based costing
  • 3. Marginal costing techniques
  • 4. Job costing and process costing
  • 5. Overhead allocation and apportionment
Cost classification and cost-volume-profit analysis15%- Cost behaviour and CVP analysis
  • 1. Cost-volume-profit analysis applications
  • 2. Fixed and variable cost separation techniques
  • 3. Cost classifications and characteristics
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