Explain different methods used for management accounting reporting

LO1 Demonstrate an understanding of management accounting systems D1 Critically evaluate how management accounting systems and management accounting reporting is integrated within organisational processes. P1 Explain management accounting and give the essential requirements of different types of management accounting systems. M1 Evaluate the benefits of management accounting systems and their application within an organisational context. P2 Explain different methods used for management accounting reporting. LO2 Apply a range of management accounting techniques D2 Produce financial reports that accurately apply and interpret data for a range of business activities. P3 Calculate costs using appropriate techniques of cost analysis to prepare an income statement using marginal and absorption costs. M2 Accurately apply a range of management accounting techniques and produce appropriate financial reporting documents. LO3 Explain the use of planning tools used in management accounting D3 Evaluate how planning tools for accounting respond appropriately to solving financial problems to lead organisations to sustainable success. P4 Explain the advantages and disadvantages of different types of planning tools used for budgetary control. M3 Analyse the use of different planning tools and their application for preparing and forecasting budgets. LO4 Compare ways in which organisations could use management accounting to respond to financial problems P5 Compare how organisations are adapting management accounting systems to respond to financial problems. M4 Analyse how, in responding to financial problems, management accounting can lead organisations to sustainable success.