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APM

Effect of Information Technology on Strategic Management Accounting - ACCA APM

VIVA Subject Guide

This chapter considers the impact of IT on management accounting. There is a lot of terminology, which may or may not be already familiar to you. You are unlikely to be tested on specific terminology, but you should be aware of the various items listed in this chapter.

YouTube video

Information needs of traditional manufacturing businesses

  • Manufacturing businesses need information areas:
  • Costs: material, labour overheads
  • Efficiency
  • Orders
  • Inventory (raw material, work-in-progress, finished goods)
  • Quality
  • Major customers and their buying habits
  • Sales by product, customer, season, country.
  • Time for the manufacturing process to allow scheduling
  • Resources
  • Competitors’ products and prices
  • Innovation: new products being developed

13 Comments

  1. vaishnavee
    hi sir, are these videos applicable for sep 2023 exams?( as in the new syllabus ), is it updated?because under certain other video comments section, students had written that it wasn't updated and some syllabus areas were missing.
  2. DEEPESH
    do these videos applicable to December 2022 exams?
  3. kengarrettTutor
    Yes, they are.
  4. vaishnavee
    hi sir, are these videos applicable for sep 2023 exams?( as in the new syllabus ), is it updated?because under certain other video comments section, students had written that it wasn't updated and some syllabus areas were missing.
  5. Jeet
    Wonderful lecture. Thank you!
  6. JohnSupporter
    MRP means Material Requirement Planning, so just addresses the material / parts supply needs of the organisation. Schedules here are dominated by material supply lead-times and the Bill of Material structure.

    MRP11 means Manufacturing Resources Planning, so in addition to performing MRP this addresses all the resources; machines, labour layout job planning etc with capacity planning / bottlenecks having an influence on the scheduling of work.
  7. shahz20
    A good headsets let's you hear the tummy rumbling at 1:17, sorry just found it hilarious
  8. Maryam
    Hello,

    I have a question for clarification purpose. In the lecture under the IT and value chain aspect...is the ERP in firm infrastructure 'enterprise resource planning' or 'enterprise report planning'? Thank you.
  9. kengarrettTutor
    ERP = enterprise resouce planning. I think I inadvertently referred to it as enterprise report planning at that part of the lecture.
  10. Ash
    Lectures are good.. But would have been better if the lecture notes would have been in the same layout as the lecture videos.. Rather than listening and understanding the videos i am flicking back on fourth in my lecture nots to see if the notes on what is being said are there!!
  11. opentuition_teamAdmin
    Don't you think that maybe the tutor knows better how it should be done??
  12. Olly
    No doubt, he does and therefore perhaps the notes need to be adjusted in accordance.
  13. Noura Dahmash
    thank you , it is very helpful , and i like the idea of including the applicable exam questions to each chapter right a way .

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