Strategic Management Accounting video lessons

5 short animated lessons for the CPA Australia Strategic Management Accounting exam, each built around one case or one exam question. 1 is free to watch without an account; every lesson has its full transcript on its page.

About the Strategic Management Accounting exam: format, module weights and sample questions

Module 3: Planning, budgeting and forecasting

22% of the exam

1:54
Episode 1
The Variance That Hid a Good Month
Profit is $17,000 under budget, but volume was up. Flex the budget, then split the sales volume variance from price and cost variances.
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Module 4: Project management

13% of the exam

1:46
Episode 5
Four Forecasts, One Project
Earned value: four estimates at completion, one assumption. When cost efficiency continues, divide the budget by the CPI.
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Module 5: Performance management

23% of the exam

Module 6: Tools for creating and managing value

17% of the exam

1:35
Episode 4
25% of What?
Target costing works back from the price. A profit of 25% of cost means dividing by 1.25, not multiplying by 0.75, and three answers that misread it.
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Modules without a lesson yet

Module 1: Introduction to strategic management accounting · 10%Practice questions
Module 2: Information for decision making · 15%Practice questions

Strategic Management Accounting video lessons

Module 3: Planning, budgeting and forecasting

The Variance That Hid a Good Month

Module 4: Project management

Four Forecasts, One Project

Module 5: Performance management

Four Questions a Scorecard Asks

The Residual Income Trap

Module 6: Tools for creating and managing value

25% of What?

Modules without a lesson yet