AAT Level 3 – Management Accounting Techniques (MATS)

Description

You will learn about the role of management accounting and how organisations use this information to make decisions.

Throughout this unit, you will delve into the fundamental concepts and principles underpinning management accounting methodology and techniques. By doing so, you’ll gain insights into how organisations manage costs and the reasons behind their varied treatment of them. Additionally, you will develop the ability to recognise diverse approaches to cost management, enabling you to present well-informed and rational arguments to assist the management team in decision-making.

Moreover, this learning experience will underscore the significance of effective management accounting for any organization, allowing you to comprehend its pivotal role in ensuring overall success and strategic planning.

You will acquire comprehensive knowledge and practical skills related to dealing with direct costs and revenues. The focus will be on mastering various techniques for handling short-term costs. You’ll also learn how to make informed decisions by utilising estimates of costs, revenues, and cash flow, encompassing all the associated methodologies.

You will be exposed to a range of procedures commonly performed in real-world finance teams. These include conducting budgetary overhead apportionments and generating recovery rates, as well as carrying out essential analyses such as variance analysis and cost-volume-profit (CVP) analysis. Moreover, you will become adept at calculating changes in forecasted unit costs and profits, evaluating working capital measures, creating straightforward budgets, closely monitoring cash flow, and effectively reporting accounting information.

Who Is This Book For?

• Students studying AAT Level 3 Accounting
• Anyone preparing for the Management Accounting Techniques (MATS) assessment
• Beginners with no prior finance experience
• Adult learners or career changers entering accounting

What You’ll Learn

• Understand the purpose and use of management accounting within organisations
• Use techniques required for dealing with costs
• Attribute costs according to organisational requirements
• Investigate deviations from budgets
• Use spreadsheet techniques to provide management accounting information
• Use management accounting techniques to support short-term decision making
• Understand principles of cash management

What’s Inside

Book 1

• Chapter 1: The Purpose of Management Accounting
• Chapter 2: Cost Behaviour
• Chapter 3: Inventory
• Chapter 4: Calculating Direct Labour Costs
• Chapter 5: Absorption Costing
• Chapter 6: Marginal Costing
• Chapter 7: Activity Based Costing
• Chapter 8: Types of Costing Systems
• Chapter 9: Budgeting
• Chapter 10: Cash Management

Book 2

• Chapter 1: Finding Your Way Around a Spreadsheet
• Chapter 2: Formatting Cells and their Contents
• Chapter 3: Functions and Formulae
• Chapter 4: Printing
• Chapter 5: Managing the Worksheet
• Chapter 6: More Advanced Functions
• Chapter 7: Graphs and Charts
• Chapter 8: Pivot Tables, Goal Seek Analysis and Function
• Chapter 9: Finding Errors
• Chapter 10: Protecting your work
• Chapter 11: Naming Cells and Ranges, and Linking Worksheets

Practice questions and assessment-style tasks throughout.

What’s Included

• Printed book (includes a mock exam)
• Free access to our online portal which includes:
  • Electronic version of your study book
  • Auto-marked assessments – instant feedback
  • 1 additional mock exam in the online portal

Why Choose Accountext Study Materials?

• Written by experienced AAT tutors who understand how students learn
• Mapped directly to AAT’s syllabus for the MATS unit
• Includes worked examples, real-life scenarios, and practice tasks
• Easy to follow — ideal for self-study or as a classroom companion
• Trusted by 5,000+ AAT students across the UK

FAQs

Is this book up to date with the 2022 syllabus?

Yes, it is fully aligned with the AAT Q2022 syllabus for the MATS unit.

Does it include exam-style practice questions?

Yes — each chapter includes review tasks, with additional end-of-book mock questions to reinforce learning.

Product details

• Title: AAT Level 3 – Management Accounting Techniques (MATS)
• Author / Publisher: Accountext Publishing
• Binding Type: Paperback / Spiral-Bound
• Page Count (Book 1): 277 pages
• Page Count (Book 2): 210 pages
• ISBN (Book 1): 978-1-8369-0292-8
• ISBN (Book 2): 978-1-8369-0293-5
• Dimensions: A4 (210 x 297mm)
• Language: English
• Format: Print
• Mapped To: AAT Q2022 Syllabus (MATS unit)
• Qualification Level: AAT Level 3 Diploma in Accounting
• AAT Unit Code: MATS
• OfQual Unit Number: D/618/3582

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