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MAS Study Guide

The document outlines a suggested study guide for the May 2024 LECPA exam, emphasizing self-discipline and responsibility in mastering the material. It details a structured timeline for completing various topics, pre-board schedules, and recommended study methods, including watching lectures and attending consultations. The guide also accommodates different pacing for learners, including options for late enrollees.

Uploaded by

Xyriel Rae
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
73 views55 pages

MAS Study Guide

The document outlines a suggested study guide for the May 2024 LECPA exam, emphasizing self-discipline and responsibility in mastering the material. It details a structured timeline for completing various topics, pre-board schedules, and recommended study methods, including watching lectures and attending consultations. The guide also accommodates different pacing for learners, including options for late enrollees.

Uploaded by

Xyriel Rae
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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MS Suggested Study Guide for May 2024 LECPA

(Designate a specific day of the week devoted for MS)

Self discipline is the key, you have to be responsible for yourself even without someone supervising you. We exert all effort
Suggested steps to master MS

The following is the suggested completion of the topics under MS, you can go faster but not slower. Choose which will work
For late enrollees, you have to finish the target topics scheduled for each month. You have to double time and exert all effo
Be mindful of the coverage of the pre-boards. As much as possible, you should finish the topics before the scheduled pre-bo

Topic #
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

Final Pre-board: April 27-28, 2024


Read the concept notes to gain a bird's eye view of topic coverage and master the basics
Watch the recorded lectures simultaneously with the handouts
Answer the drills in the handouts before watching the video discussion of answers
Watch the video discussion of drill questions and learn new approaches. Focus on your wrong answers and analyze your mista
Answer on-line quizzers to test your proficiency. Also develop your speed, accuracy, and endurance.
Attend bi-monthly consultations to validate learnings and to clarify topics you deem difficult.
Feel free to message your reviewer for further concerns.
n.b. The above steps can be modified based on your personal learning styles. You know what will work best for you.

Title
Basic Considerations in MAS
Variable and Absorption Costing
CVP and BEP Analysis
FS Analysis
Budgeting
Standard Cost and Variances
Performance Evaluation
Pricing Decisions
Relevant Costing
Quantitative Techniques
Financial Markets
Working Capital Management
Short-term Financing
Long-term Financing
Capital Budgeting
Risk and Return
Economics
Strategic Costing

n.b. Final Pre-board will include all topics


and will follow the LECPA TOS
September 3 to April 25
SLOW P
1st Pre-board Coverage. Feb

Month
September
10-11, 2024

October

November

December
January

February

March

April

May
November 5 to April 25
SLOW PACED FAST PACED

Week # Topic Month Week #


1 Basic Considerations in MAS
2 Variable and Absorption Costing
3 CVP and BEP Analysis
4 Catch-up back-log on the topics covered

1 FS Analysis
2 Budgeting
3 Standard Cost and Variances
4 Catch-up back-log on the topics covered

1 Performance Evaluation November 1


2 Pricing Decisions 2
3 Relevant Costing 3
4 Catch-up back-log on the topics covered 4

1 Quantitative Techniques December 1


2 Financial Markets 2
3 Relax and enjoy the holidays 3
4 Relax and enjoy the holidays 4
1 Working Capital Management January 1
2 Short-term Financing 2
3 Long-term Financing 3
4 Catch-up back-log on the topics covered 4

1 Prepare for 1st Pre-board February 1


2 Capital Budgeting 2
3 Risk and Return 3
4 Economics 4

1 Catch-up back-log on the topics covered March 1


2 Strategic Costing 2
3 Focus efforts on mastering weak areas 3
4 Holy week 4

1 Focus efforts on mastering weak areas April 1


2 Focus efforts on mastering weak areas 2
3 Focus efforts on mastering weak areas 3
4 Final Pre-board 4

1 or 2 Pre-week May 1 or 2
January 1 to April 25
FAST PACED LATE ENROLLEES

Topic Month Topic #

Basic Considerations in MAS


Variable and Absorption Costing
CVP and BEP Analysis
FS Analysis

Budgeting
Standard Cost and Variances
Relax and enjoy the holidays
Relax and enjoy the holidays
January 1
Performance Evaluation 2
Pricing Decisions 3
Relevant Costing 4
Catch-up back-log on the topics covered 5

Prepare for 1st Pre-board February 6


Quantitative Techniques 7
Financial Markets 8
Working Capital Management 9

March 10
Short-term Financing 11
Long-term Financing 12
Capital Budgeting 13
Holy week 14

Risk and Return April 15


Economics 16
Strategic Costing 17
Final Pre-board 18

Pre-week May 1 or 2
November 17 to April 25
LATE ENROLLEES LIVE LECTURE

Topic Month

November

December
Basic Considerations in MAS
Variable and Absorption Costing January
CVP and BEP Analysis
FS Analysis
Budgeting

Standard Cost and Variances February


Performance Evaluation
Pricing Decisions
Relevant Costing

Quantitative Techniques
Financial Markets March
Working Capital Management
Short-term Financing
Long-term Financing

Capital Budgeting April


Risk and Return
Economics
Strategic Costing

Pre-week May

n.b. Strategic costing is only a bonus topic, the live HO will be


IVE LECTURE

Week # Topic

1
2
3 Basic Considerations in MAS
4 Variable and Absorption Costing

1 CVP and BEP Analysis


2 FS Analysis
3 Relax and enjoy the holidays
4 Relax and enjoy the holidays
1 Budgeting
2 Standard Cost and Variances
3 Performance Evaluation
4 Relevant Costing and Pricing Decisions

1 Relevant Costing and Pricing Decisions


2 1st Pre-board break
3 Quantitative Techniques
4 Financial Markets

1 Working Capital Management


2 Short-term Financing
3 Long-term Financing
4 Holy week

1 Capital Budgeting
2 Risk and Return
3 Economics
4 Final Pre-board

1 or 2 Pre-week

pre-recorded.
DOUBLE REVIEW PROGRAM: EARLY ACCESS
September 4, 2023 to April 25, 2024

Month Week #
August 3
4

September 1
2
3
4

October 1
2
3
4

November 1
2
3
4

December 1
2
3
4
January 1
2
3
4

February 1
2
3
4

March 1
2
3
4

April 1
2
3
4

May 1 or 2

n.b. Strategic costing is only a bonus topic, the live HO will be


pre-recorded.
REVIEW PROGRAM: EARLY ACCESS
ember 4, 2023 to April 25, 2024
Pre-recorded Review: Live Lecture:
September 4 to December 16, 2023 November 17,2023 to April 25, 2024
Topic Topic
App familiarization

Basic Considerations in MAS


Variable and Absorption Costing
CVP and BEP Analysis
FS Analysis

Budgeting
Standard Cost and Variances
Performance Evaluation
Relevant Costing and Pricing Decisions

Quantitative Techniques
Financial Markets
Working Capital Management Basic Considerations in MAS
Short-term Financing Variable and Absorption Costing

Long-term Financing CVP and BEP Analysis


Capital Budgeting FS Analysis
Risk and Return Relax and enjoy the holidays
Economics Relax and enjoy the holidays
Budgeting
Standard Cost and Variances
Performance Evaluation
Relevant Costing and Pricing Decisions

Relevant Costing and Pricing Decisions


1st Pre-board break
Quantitative Techniques
Financial Markets

Working Capital Management


Short-term Financing
Long-term Financing
Holy week

Capital Budgeting
Risk and Return
Economics
Final Pre-board

Pre-week
DOUBLE REVIEW PROGRAM: FAST PACED
November 5, 2023 to April 25, 2024
Pre-recorded Review:
November 1 to March 23, 2024
Month Week # Topic
August 3
4

September 1
2
3
4

October 1
2
3
4

November 1 Basic Considerations in MAS


2 Variable and Absorption Costing
3 CVP and BEP Analysis
4 FS Analysis

December 1 Budgeting
2 Standard Cost and Variances
3 Performance Evaluation
4 Relevant Costing and Pricing Decisions
January 1 Quantitative Techniques
2 Financial Markets
3 Working Capital Management
4 Short-term Financing

February 1 Prepare for 1st Pre-board


2 1st Pre-board break
3 Long-term Financing
4 Capital Budgeting

March 1 Risk and Return


2 Economics
3 Strategic Costing
4 Holy week

April 1
2
3
4 Final Pre-board

May 1 or 2 Pre-week
GRAM: FAST PACED
o April 25, 2024
Live Lecture:
November 17,2023 to April 25, 2024
Topic

Basic Considerations in MAS


Variable and Absorption Costing

CVP and BEP Analysis


FS Analysis
Relax and enjoy the holidays
Relax and enjoy the holidays
Budgeting
Standard Cost and Variances
Performance Evaluation
Relevant Costing and Pricing Decisions

Relevant Costing and Pricing Decisions


1st Pre-board break
Quantitative Techniques
Financial Markets

Working Capital Management


Short-term Financing
Long-term Financing
Holy week

Capital Budgeting
Risk and Return
Economics
Final Pre-board
MS Suggested Study Guide for May 2024 LECPA
(Designate a specific day of the week devoted for MS)

Self discipline is the key, you have to be responsible for yourself even without someone supervising you. We exert all effort
Suggested steps to master MS

The following is the suggested completion of the topics under MS, you can go faster but not slower. Choose which will work
For late enrollees, you have to finish the target topics scheduled for each month. You have to double time and exert all effo
Be mindful of the coverage of the pre-boards. As much as possible, you should finish the topics before the scheduled pre-bo

Topic #
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

Final Pre-board: April 27-28, 2024


Read the concept notes to gain a bird's eye view of topic coverage and master the basics
Watch the recorded lectures simultaneously with the handouts
Answer the drills in the handouts before watching the video discussion of answers
Watch the video discussion of drill questions and learn new approaches. Focus on your wrong answers and analyze your mista
Answer on-line quizzers to test your proficiency. Also develop your speed, accuracy, and endurance.
Attend bi-monthly consultations to validate learnings and to clarify topics you deem difficult.
Feel free to message your reviewer for further concerns.
n.b. The above steps can be modified based on your personal learning styles. You know what will work best for you.

Title
Basic Considerations in MAS
Variable and Absorption Costing
CVP and BEP Analysis
FS Analysis
Budgeting
Standard Cost and Variances
Performance Evaluation
Pricing Decisions
Relevant Costing
Quantitative Techniques
Financial Markets
Working Capital Management
Short-term Financing
Long-term Financing
Capital Budgeting
Risk and Return
Economics
Strategic Costing

n.b. Final Pre-board will include all topics


and will follow the LECPA TOS
September 3 to April 25
SLOW P
1st Pre-board Coverage. Feb

Month
September
10-11, 2024

October

November

December
January

February

March

April

May
November 5 to April 25
SLOW PACED FAST PACED

Week # Topic Month Week #


1 Basic Considerations in MAS
2 Variable and Absorption Costing
3 CVP and BEP Analysis
4 Catch-up back-log on the topics covered

1 FS Analysis
2 Budgeting
3 Standard Cost and Variances
4 Catch-up back-log on the topics covered

1 Performance Evaluation November 1


2 Pricing Decisions 2
3 Relevant Costing 3
4 Catch-up back-log on the topics covered 4

1 Quantitative Techniques December 1


2 Financial Markets 2
3 Relax and enjoy the holidays 3
4 Relax and enjoy the holidays 4
1 Working Capital Management January 1
2 Short-term Financing 2
3 Long-term Financing 3
4 Catch-up back-log on the topics covered 4

1 Prepare for 1st Pre-board February 1


2 Capital Budgeting 2
3 Risk and Return 3
4 Economics 4

1 Catch-up back-log on the topics covered March 1


2 Strategic Costing 2
3 Focus efforts on mastering weak areas 3
4 Holy week 4

1 Focus efforts on mastering weak areas April 1


2 Focus efforts on mastering weak areas 2
3 Focus efforts on mastering weak areas 3
4 Final Pre-board 4

1 or 2 Pre-week May 1 or 2
January 1 to April 25
FAST PACED LATE ENROLLEES

Topic Month Topic #

Basic Considerations in MAS


Variable and Absorption Costing
CVP and BEP Analysis
FS Analysis

Budgeting
Standard Cost and Variances
Relax and enjoy the holidays
Relax and enjoy the holidays
January 1
Performance Evaluation 2
Pricing Decisions 3
Relevant Costing 4
Catch-up back-log on the topics covered 5

Prepare for 1st Pre-board February 6


Quantitative Techniques 7
Financial Markets 8
Working Capital Management 9

March 10
Short-term Financing 11
Long-term Financing 12
Capital Budgeting 13
Holy week 14

Risk and Return April 15


Economics 16
Strategic Costing 17
Final Pre-board 18

Pre-week May 1 or 2
November 17 to April 25
LATE ENROLLEES LIVE LECTURE

Topic Month

November

December

Basic Considerations in MAS


Variable and Absorption Costing January
CVP and BEP Analysis
FS Analysis
Budgeting

Standard Cost and Variances February


Performance Evaluation
Pricing Decisions
Relevant Costing

Quantitative Techniques
Financial Markets March
Working Capital Management
Short-term Financing
Long-term Financing

Capital Budgeting April


Risk and Return
Economics
Strategic Costing

Pre-week May

n.b. Strategic costing is only a bonus topic, the live HO will be


IVE LECTURE

Week # Topic

1
2
3 Basic Considerations in MAS
4 Variable and Absorption Costing

1 CVP and BEP Analysis


2 FS Analysis
3 Relax and enjoy the holidays
4 Relax and enjoy the holidays
1 Budgeting
2 Standard Cost and Variances
3 Performance Evaluation
4 Relevant Costing and Pricing Decisions

1 Relevant Costing and Pricing Decisions


2 1st Pre-board break
3 Quantitative Techniques
4 Financial Markets

1 Working Capital Management


2 Short-term Financing
3 Long-term Financing
4 Holy week

1 Capital Budgeting
2 Risk and Return
3 Economics
4 Final Pre-board

1 or 2 Pre-week

pre-recorded.
MS Suggested Study Guide for May 2024 LECPA
(Designate a specific day of the week devoted for MS)

Self discipline is the key, you have to be responsible for yourself even without someone supervising you. We exert all effort
Suggested steps to master MS

The following is the suggested completion of the topics under MS, you can go faster but not slower. Choose which will work
For late enrollees, you have to finish the target topics scheduled for each month. You have to double time and exert all effo
Be mindful of the coverage of the pre-boards. As much as possible, you should finish the topics before the scheduled pre-bo

Topic #
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

Final Pre-board: April 27-28, 2024


Read the concept notes to gain a bird's eye view of topic coverage and master the basics
Watch the recorded lectures simultaneously with the handouts
Answer the drills in the handouts before watching the video discussion of answers
Watch the video discussion of drill questions and learn new approaches. Focus on your wrong answers and analyze your mista
Answer on-line quizzers to test your proficiency. Also develop your speed, accuracy, and endurance.
Attend bi-monthly consultations to validate learnings and to clarify topics you deem difficult.
Feel free to message your reviewer for further concerns.
n.b. The above steps can be modified based on your personal learning styles. You know what will work best for you.

Title
Basic Considerations in MAS
Variable and Absorption Costing
CVP and BEP Analysis
FS Analysis
Budgeting
Standard Cost and Variances
Performance Evaluation
Pricing Decisions
Relevant Costing
Quantitative Techniques
Financial Markets
Working Capital Management
Short-term Financing
Long-term Financing
Capital Budgeting
Risk and Return
Economics
Strategic Costing

n.b. Final Pre-board will include all topics


and will follow the LECPA TOS
September 3 to April 25
SLOW P
1st Pre-board Coverage. Feb

Month
September
10-11, 2024

October

November

December
January

February

March

April

May
November 5 to April 25
SLOW PACED FAST PACED

Week # Topic Month Week #


1 Basic Considerations in MAS
2 Variable and Absorption Costing
3 CVP and BEP Analysis
4 Catch-up back-log on the topics covered

1 FS Analysis
2 Budgeting
3 Standard Cost and Variances
4 Catch-up back-log on the topics covered

1 Performance Evaluation November 1


2 Pricing Decisions 2
3 Relevant Costing 3
4 Catch-up back-log on the topics covered 4

1 Quantitative Techniques December 1


2 Financial Markets 2
3 Relax and enjoy the holidays 3
4 Relax and enjoy the holidays 4
1 Working Capital Management January 1
2 Short-term Financing 2
3 Long-term Financing 3
4 Catch-up back-log on the topics covered 4

1 Prepare for 1st Pre-board February 1


2 Capital Budgeting 2
3 Risk and Return 3
4 Economics 4

1 Catch-up back-log on the topics covered March 1


2 Strategic Costing 2
3 Focus efforts on mastering weak areas 3
4 Holy week 4

1 Focus efforts on mastering weak areas April 1


2 Focus efforts on mastering weak areas 2
3 Focus efforts on mastering weak areas 3
4 Final Pre-board 4

1 or 2 Pre-week May 1 or 2
January 1 to April 25
FAST PACED LATE ENROLLEES

Topic Month Topic #

Basic Considerations in MAS


Variable and Absorption Costing
CVP and BEP Analysis
FS Analysis

Budgeting
Standard Cost and Variances
Relax and enjoy the holidays
Relax and enjoy the holidays
January 1
Performance Evaluation 2
Pricing Decisions 3
Relevant Costing 4
Catch-up back-log on the topics covered 5

Prepare for 1st Pre-board February 6


Quantitative Techniques 7
Financial Markets 8
Working Capital Management 9

March 10
Short-term Financing 11
Long-term Financing 12
Capital Budgeting 13
Holy week 14

Risk and Return April 15


Economics 16
Strategic Costing 17
Final Pre-board 18

Pre-week May 1 or 2
LATE ENROLLEES

Topic

Basic Considerations in MAS


Variable and Absorption Costing
CVP and BEP Analysis
FS Analysis
Budgeting

Standard Cost and Variances


Performance Evaluation
Pricing Decisions
Relevant Costing

Quantitative Techniques
Financial Markets
Working Capital Management
Short-term Financing
Long-term Financing

Capital Budgeting
Risk and Return
Economics
Strategic Costing

Pre-week
November 17 to April 25
LIVE LECTURE

Month Week #

November 1
2
3
4

December 1
2
3
4
January 1
2
3
4

February 1
2
3
4

March 1
2
3
4

April 1
2
3
4

May 1 or 2

n.b. Strategic costing is only a bonus topic, the live HO will be


pre-recorded.
Topic

Basic Considerations in MAS


Variable and Absorption Costing

CVP and BEP Analysis


FS Analysis
Relax and enjoy the holidays
Relax and enjoy the holidays
Budgeting
Standard Cost and Variances
Performance Evaluation
Relevant Costing and Pricing Decisions

Relevant Costing and Pricing Decisions


1st Pre-board break
Quantitative Techniques
Financial Markets

Working Capital Management


Short-term Financing
Long-term Financing
Holy week

Capital Budgeting
Risk and Return
Economics
Final Pre-board

Pre-week
Self discipline is the key, you have to be responsible for yourself even without someone supervising you. We exert all effort
Suggested steps to master MS

The following is the suggested completion of the topics under MS, you can go faster but not slower. Choose which will work
For late enrollees, you have to finish the target topics scheduled for each month. You have to double time and exert all effo
Be mindful of the coverage of the pre-boards. As much as possible, you should finish the topics before the scheduled pre-bo

Topic #
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

Final Pre-board: April 27-28, 2024


MS Suggested Study
(Designate a specific day

Read the concept notes to gain a bird's eye view of topic coverage and master the basics
Watch the recorded lectures simultaneously with the handouts
Answer the drills in the handouts before watching the video discussion of answers
Watch the video discussion of drill questions and learn new approaches. Focus on your wrong answers and analyze your mista
Answer on-line quizzers to test your proficiency. Also develop your speed, accuracy, and endurance.
Attend bi-monthly consultations to validate learnings and to clarify topics you deem difficult.
Feel free to message your reviewer for further concerns.
n.b. The above steps can be modified based on your personal learning styles. You know what will work best for you.

Title
Basic Considerations in MAS
Variable and Absorption Costing
CVP and BEP Analysis
FS Analysis
Budgeting
Standard Cost and Variances
Performance Evaluation
Pricing Decisions
Relevant Costing
Quantitative Techniques
Financial Markets
Working Capital Management
Short-term Financing
Long-term Financing
Capital Budgeting
Risk and Return
Economics
Strategic Costing

n.b. Final Pre-board will include all topics


and will follow the LECPA TOS
May 2024 LECPA
eek devoted for MS)

1st Pre-board Coverage. Feb


10-11, 2024
September 3 to April 25
SLOW PACED

Month Week # Topic


September 1 Basic Considerations in MAS
2 Variable and Absorption Costing
3 CVP and BEP Analysis
4 Catch-up back-log on the topics covered

October 1 FS Analysis
2 Budgeting
3 Standard Cost and Variances
4 Catch-up back-log on the topics covered

November 1 Performance Evaluation


2 Pricing Decisions
3 Relevant Costing
4 Catch-up back-log on the topics covered

December 1 Quantitative Techniques


2 Financial Markets
3 Relax and enjoy the holidays
4 Relax and enjoy the holidays

January 1 Working Capital Management


2 Short-term Financing
3 Long-term Financing
4 Catch-up back-log on the topics covered

February 1 Prepare for 1st Pre-board


2 Capital Budgeting
3 Risk and Return
4 Economics

March 1 Catch-up back-log on the topics covered


2 Strategic Costing
3 Focus efforts on mastering weak areas
4 Holy week

April 1 Focus efforts on mastering weak areas


2 Focus efforts on mastering weak areas
3 Focus efforts on mastering weak areas
4 Final Pre-board

May 1 or 2 Pre-week
November 5 to April 25 January 1 to April 25
FAST PACED LATE ENRO

Month Week # Topic Month

November 1 Basic Considerations in MAS


2 Variable and Absorption Costing
3 CVP and BEP Analysis
4 FS Analysis

December 1 Budgeting
2 Standard Cost and Variances
3 Relax and enjoy the holidays
4 Relax and enjoy the holidays
January
January 1 Performance Evaluation
2 Pricing Decisions
3 Relevant Costing
4 Catch-up back-log on the topics covered

February 1 Prepare for 1st Pre-board February


2 Quantitative Techniques
3 Financial Markets
4 Working Capital Management

March
March 1 Short-term Financing
2 Long-term Financing
3 Capital Budgeting
4 Holy week

April 1 Risk and Return April


2 Economics
3 Strategic Costing
4 Final Pre-board

May 1 or 2 Pre-week May


LATE ENROLLEES

Topic # Topic

1 Basic Considerations in MAS


2 Variable and Absorption Costing
3 CVP and BEP Analysis
4 FS Analysis
5 Budgeting

6 Standard Cost and Variances


7 Performance Evaluation
8 Pricing Decisions
9 Relevant Costing

10 Quantitative Techniques
11 Financial Markets
12 Working Capital Management
13 Short-term Financing
14 Long-term Financing

15 Capital Budgeting
16 Risk and Return
17 Economics
18 Strategic Costing

1 or 2 Pre-week

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