Management Advisory Services Review
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THE CPA LICENSURE EXAMINATION SYLLABUS MANAGEMENT ADVISORY SERVICES
(Effective October 2006 Examination)
This subject tests the candidates’ knowledge of, and proficiency in the concepts, standards, techniques, and methodology applicable to management services / consultancy practice by CPAs; management accounting; financial management–related services; capital budgeting concepts and techniques; and project feasibility studies. Each examination will contain a minimum of 50 and a maximum of 70 multiple choice questions, allocated to the different subject areas, as indicated below.
1.0 Management Accounting-Related Services
1.1 Role, historical perspective, and direction of management accounting a. Objectives, scope, relationship with financial accounting and cost accounting; role and activities of management accountant; controller as top management accountant; organization structure and management accountant; the changing role and expanding role of management accountant. b. Management Accounting Information System Management functions and accounting; information needs of managers and other users for planning and
control (value chain and enhancing the value of management accounting system); international aspects of management accounting c. Management Accounting and Ethical Conduct Ethical behavior and code of conduct of management accountants; Code of conduct on the international level d. Current focus of Management Accounting Impact on organization structure; focus on the customer; cross-functional teams; computer integrated manufacturing; product life cycles and diversity; time-based competition; global competition; information and communication technology management; just-in-time inventory; total quality management; continuous improvement and benchmarking; cost management system; computer-aided design and manufacturing automation; e-commerce. e. Certification
THE CPA LICENSURE EXAMINATION SYLLABUS MANAGEMENT ADVISORY SERVICES
(Effective October 2006 Examination)
This subject tests the candidates’ knowledge of, and proficiency in the concepts, standards, techniques, and methodology applicable to management services / consultancy practice by CPAs; management accounting; financial management–related services; capital budgeting concepts and techniques; and project feasibility studies. Each examination will contain a minimum of 50 and a maximum of 70 multiple choice questions, allocated to the different subject areas, as indicated below.
1.0 Management Accounting-Related Services
1.1 Role, historical perspective, and direction of management accounting a. Objectives, scope, relationship with financial accounting and cost accounting; role and activities of management accountant; controller as top management accountant; organization structure and management accountant; the changing role and expanding role of management accountant. b. Management Accounting Information System Management functions and accounting; information needs of managers and other users for planning and
control (value chain and enhancing the value of management accounting system); international aspects of management accounting c. Management Accounting and Ethical Conduct Ethical behavior and code of conduct of management accountants; Code of conduct on the international level d. Current focus of Management Accounting Impact on organization structure; focus on the customer; cross-functional teams; computer integrated manufacturing; product life cycles and diversity; time-based competition; global competition; information and communication technology management; just-in-time inventory; total quality management; continuous improvement and benchmarking; cost management system; computer-aided design and manufacturing automation; e-commerce. e. Certification