Module Part REF Index Knowledge of Questions Page Q/ Figure/ Index
M1 Module 1: Introduction to strategic management accounting
M1 Part A Value 3
M1 Part A Figure 1.2 A broad range of stakeholders 3 Figure
M1 Part A Shareholder value 3
M1 Part A Customer value 4
M1 Part A Figure 1.3 Organisational value chain 4 Figure
M1 Part A Stakeholder value 4
Which viewpoint should be taken
M1 Part A when determining value? 4
Organisational value and potential
M1 Part A Figure 1.4 impact Org impact VS Society impact 5 Figure
Strategic management and strategic
M1 Part A management accounting 5
M1 Part B The Strategic Management Process 6
Strategic management accounting -
M1 Part B supporting managers 6
M1 Part B Strategic management 6
M1 Part B Figure 1.5 Strategic management process 4 SMA process 6 Figure
M1 Part B Strategic analysis 6
M1 Part B Strategic planning and choice 7
M1 Part B Strategy implementation 7
M1 Part B Strategy evaluation 7
M1 Part B Operational management 7
Broad differences between strategic Strategic VS operational
M1 Part B Table 1.1 and operational management management 8 Table
Supporting operational management Strategic Management VS
M1 Part B Example 1.1 with management accounting infor. Operational Mgt 8 Question
Strategic management accounting
M1 Part B and line managers 9
Strategic management accounting
M1 Part B and service industries 10
Strategic management accounting
M1 Part B and the public sector 10
Local government planning Strategic management process
M1 Part B Question 1.2 document in Public sector 11 Question
M1 Part C The role of Management Accountants in Strategic Management 11
M1 Part C Role of management accountants 11
Traditional management accounting
compared to strategic management
M1 Part C Table 1.2 accounting Traditional MA VS strategic MA 12 Table
4 Role of SMA: Analyst, business
M1 Part C adviser, partner, overseer 12
Business partner or objective
M1 Part C Example 1.2 overseer? 1 of 4 Role of SMA - overseer 13 Question
1. creators of value
2. enablers of value
3. preservers of value
M1 Part C Contemporary skills and techniques 4. reporters of value 13
4 Professional skills of MA:
1. intellectual skills
2. interpersonal
3. communication skills
Professional skills to be achieved by 4. personal skills
M1 Part C Table 1.3 professional accountants 5. organisational skills 14 Table
, M1 Part D The key challenges facing Management Accountants 15
1. Technology
2. Managing resources
M1 Part D Challenges 3. Promoting innovation 15
M1 Part D Technology 15
3 Key challenges faced by
management accountants -
M1 Part D Example 1.3 Disruption in the music industry Technology Question
M1 Part D Managing resources 16
M1 Part D Innovation 16
Innovation helps improve both Key challenges facing
financial and environmental management accountants -
M1 Part D Example 1.4 performance Innovations 16 Question
Causes of change in the business
M1 Part D environment 17
1. Economic turmoil
2. Structural change
M1 Part D The Global Economy 3. Globalisation 17
M1 Part D Economic turmoil 17
1. Global Economy
2. Technology
Causes of change in the business 3. Internal structures
M1 Part D Figure 1.6 environment 4. Sustainability 18 Figure
M1 Part D Structural change 18
Actual and forecast gross domestic
M1 Part D Table 1.4 product growth rates Global structural change 19 Table
4 Causes of changes to business
environment - The global
M1 Part D Example 1.5 The Basel Accords economy - Structural change 19 Question
Shifting to services from Australian industry structural
M1 Part D Table 1.5 agriculture/manufacturing change 20 Table
Globalisation - 4 main drivers of
globalisation:
1. global competition
2. physical and capability factors
3. social factors and national cultures
M1 Part D 4. legal and political systems 21
M1 Part D Global competition 22
Globalisation - 1. global
M1 Part D Example 1.6 Background to globalisation competition 22 Question
M1 Part D Physical and capability factors 22
M1 Part D Social factors and national culture 22
M1 Part D Legal and political systems 22
Globalisation - 4. legal and
M1 Part D Example 1.7 The US Tariffs political systems 23 Question
1. Capital equipment
M1 Part D Technology 2. ICT 23
M1 Part D Capital equipment 24
1. Cloud computing
2. Employee-owned devices and
Information and communication open systems
M1 Part D technologies 3. Big data 24
Cloud computing:
1. SaaS
2. IaaS
M1 Part D 3. PaaS 24
Employee-owned devices and open
M1 Part D systems 25
M1 Part D Big data 25
1. Corporate social
responsibility
2. Environmental management
accounting
M1 Part D Sustainability 3. Ethics 25
M1 Module 1: Introduction to strategic management accounting
M1 Part A Value 3
M1 Part A Figure 1.2 A broad range of stakeholders 3 Figure
M1 Part A Shareholder value 3
M1 Part A Customer value 4
M1 Part A Figure 1.3 Organisational value chain 4 Figure
M1 Part A Stakeholder value 4
Which viewpoint should be taken
M1 Part A when determining value? 4
Organisational value and potential
M1 Part A Figure 1.4 impact Org impact VS Society impact 5 Figure
Strategic management and strategic
M1 Part A management accounting 5
M1 Part B The Strategic Management Process 6
Strategic management accounting -
M1 Part B supporting managers 6
M1 Part B Strategic management 6
M1 Part B Figure 1.5 Strategic management process 4 SMA process 6 Figure
M1 Part B Strategic analysis 6
M1 Part B Strategic planning and choice 7
M1 Part B Strategy implementation 7
M1 Part B Strategy evaluation 7
M1 Part B Operational management 7
Broad differences between strategic Strategic VS operational
M1 Part B Table 1.1 and operational management management 8 Table
Supporting operational management Strategic Management VS
M1 Part B Example 1.1 with management accounting infor. Operational Mgt 8 Question
Strategic management accounting
M1 Part B and line managers 9
Strategic management accounting
M1 Part B and service industries 10
Strategic management accounting
M1 Part B and the public sector 10
Local government planning Strategic management process
M1 Part B Question 1.2 document in Public sector 11 Question
M1 Part C The role of Management Accountants in Strategic Management 11
M1 Part C Role of management accountants 11
Traditional management accounting
compared to strategic management
M1 Part C Table 1.2 accounting Traditional MA VS strategic MA 12 Table
4 Role of SMA: Analyst, business
M1 Part C adviser, partner, overseer 12
Business partner or objective
M1 Part C Example 1.2 overseer? 1 of 4 Role of SMA - overseer 13 Question
1. creators of value
2. enablers of value
3. preservers of value
M1 Part C Contemporary skills and techniques 4. reporters of value 13
4 Professional skills of MA:
1. intellectual skills
2. interpersonal
3. communication skills
Professional skills to be achieved by 4. personal skills
M1 Part C Table 1.3 professional accountants 5. organisational skills 14 Table
, M1 Part D The key challenges facing Management Accountants 15
1. Technology
2. Managing resources
M1 Part D Challenges 3. Promoting innovation 15
M1 Part D Technology 15
3 Key challenges faced by
management accountants -
M1 Part D Example 1.3 Disruption in the music industry Technology Question
M1 Part D Managing resources 16
M1 Part D Innovation 16
Innovation helps improve both Key challenges facing
financial and environmental management accountants -
M1 Part D Example 1.4 performance Innovations 16 Question
Causes of change in the business
M1 Part D environment 17
1. Economic turmoil
2. Structural change
M1 Part D The Global Economy 3. Globalisation 17
M1 Part D Economic turmoil 17
1. Global Economy
2. Technology
Causes of change in the business 3. Internal structures
M1 Part D Figure 1.6 environment 4. Sustainability 18 Figure
M1 Part D Structural change 18
Actual and forecast gross domestic
M1 Part D Table 1.4 product growth rates Global structural change 19 Table
4 Causes of changes to business
environment - The global
M1 Part D Example 1.5 The Basel Accords economy - Structural change 19 Question
Shifting to services from Australian industry structural
M1 Part D Table 1.5 agriculture/manufacturing change 20 Table
Globalisation - 4 main drivers of
globalisation:
1. global competition
2. physical and capability factors
3. social factors and national cultures
M1 Part D 4. legal and political systems 21
M1 Part D Global competition 22
Globalisation - 1. global
M1 Part D Example 1.6 Background to globalisation competition 22 Question
M1 Part D Physical and capability factors 22
M1 Part D Social factors and national culture 22
M1 Part D Legal and political systems 22
Globalisation - 4. legal and
M1 Part D Example 1.7 The US Tariffs political systems 23 Question
1. Capital equipment
M1 Part D Technology 2. ICT 23
M1 Part D Capital equipment 24
1. Cloud computing
2. Employee-owned devices and
Information and communication open systems
M1 Part D technologies 3. Big data 24
Cloud computing:
1. SaaS
2. IaaS
M1 Part D 3. PaaS 24
Employee-owned devices and open
M1 Part D systems 25
M1 Part D Big data 25
1. Corporate social
responsibility
2. Environmental management
accounting
M1 Part D Sustainability 3. Ethics 25
