This article will focus on measures of financial performance and will detail the skills and knowledge expected from candidates in the F2/FMA exam.
Fixed overhead absorption
Objective testing questions involving the under or over absorption of overhead and fixed overhead volume variances commonly cause difficulties for F2/FMA candidates. This article looks at a graphical explanation of fixed overhead absorption.
Effective presentation and communication of information using charts
This article looks at the variety of chart types and the features that make a particular chart type appropriate for the type of data being presented. Some useful tips on presentation are also provided, together with guidance on interpreting the data presented in the charts.
Re-apportionment of service cost centre costs
This article looks at the various methods of re-apportioning service cost centre costs.
A company needs to produce a cash budget in order to ensure that there is enough cash within the business to achieve the operational levels set by the functional budgets.
This article looks at the process costing method, which is used mainly in manufacturing where units are mass-produced through one or more processes.
The theory and the practicality of inventory management and control.
Advice for students retaking exams
F2 – A guide to using the examiner’s reports
Guidance to help you if you are taking the F2 exam for the first time as this takes you through how to use the examiner’s reports as part of your revision phase as directed by the self-study guides. This document will help you to understand how you should be using the examiner’s reports to make the best use of them.
F2 – A guide to reflection for retake students
Guidance to help you if you are retaking the F2 exam as this takes you through the process of reflection using the examiner’s reports as directed in the retake guides. This document will help you to understand how you should be using the examiner’s reports to make the best use of them.