Enter your keyword

CPA (U) P7 Cost & Management Accounting


To enable the learner develop cost and management accounting principles for the production of information for decision making.

The examination will be centred on the basics of management accounting, testing mainly knowledge and comprehension, as well as application and analysis.

There will be a three hour examination made up sections A and B. Section A will comprise of 20 compulsory multiple-choice questions of 20 marks. Section B will comprise of five questions of 20 marks each, of which the candidate will be required to attempt any four.

CPA (U) New  Study guide and syllabus 2016  

ICPAU P7 study guide and syllabus

Study Materials have been updated for 2016 Exams

1. Nature and purpose of management accounting.

2. Cost Classification.

3. Labour Costing and Payroll Accounting.

4.Accounting for Materials.


6.Marginal and Absorption Costing

7.Activity Based Costing (ABC).

8. Job and Batch Costing.

9.Contract Costing

10.Process Costing

11.Budgetary Planning and Control.

12. Budgeting Systems.

13.Management Accounting for Decision Making.

14. Standard Costing and Variance Analysis.

15.Cost Volume Profit Analysis.

Relevant Past paper questions and Answers from the old Syllabus

June 2012 Past Paper Questions.

November 2012 Past Paper Questions.

June 2013 Past Paper Questions

June 2012 Past Paper Answers

November 2012 Past Paper Answers

June 2013 Past Paper Answers