Management Accounting: Budgeting

AAT Level 4

Session 1

Management Accounting Techniques; Forecasting Techniques

LESSON

​

Moving Averages

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Percentage Increases in Budget

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Percentage Decreases in Budget

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Percentage Seasonal Variations

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Complex Changes in Budgets

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Calculations Using Index Numbers

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Session 2

Functional Budgets; Master Budgets

​LESSON

​

Materials Usage and Materials Purchases Budgets

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Labour Utilisation Budgets

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Machine Utilisation Budgets

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Rejection of Finished Goods

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Materials Wastage

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Cash Budget

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Session 3

Revising Budgets; Monitoring and Controlling Performance with Budgets

​LESSON

​

Dividing Budgets into Shorter Periods

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Preparing Revised Budgets

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Limiting Factor Analysis

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Flexed Budgets and Variances

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Direct Materials Variances

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Direct Labour Variances

Worked Example

Model Answer

​

Exercise 1

Model Answer

​

Exercise 2

Model Answer

​

Session 4

Management Accounting: Budgeting Revision 1

Management Accounting: Budgeting Sample Assessment 1

​

Paul's Annotated Model Answer

​

Management Accounting: Budgeting Osborne Practice Assessment 1

Osborne Practice Assessment 1

Model Answer

Paul's Annotated Model Answer

​

Session 5

Management Accounting: Budgeting Revision 2

Management Accounting: Budgeting Sample Assessment 2

​

Paul's Annotated Model Answer

​

Management Accounting: Budgeting Osborne Practice Assessment 2

Osborne Practice Assessment 2

Model Answer

Paul's Annotated Model Answer

​