About This Course
Quantitative analysis plays an important role in the daily functions of the management accountant.
building blocks for quantitative analysis come from Business Mathematics while Statistics provides the means
of converting data into information.
They enable the management accountant to describe the numbers and
trends pertaining to various disciplines ranging from Management Accounting and Financial Accounting to
Taxation, Marketing and Strategy.
Thus, it is imperative that management accountants have a thorough
understanding of the basic concepts, methods and techniques of Business Mathematics and Statistics.
This Foundation Level course unit aims to fill this knowledge and skill gap.
While statistical calculations are given its
due importance the interpretive aspect is also emphasized as intricate computations are now simplified
through computer software