Step into the realm of strategic financial expertise with 'Management Accounting.' This course offers a unique portal into the world of financial strategizing, equipping you with the acumen to drive businesses towards fiscal excellence. Your educational journey commences with a deep dive into the essence of management accounting, laying a robust groundwork for your ascent in the financial domain. You are not just learning about numbers; you are becoming the architect of financial success, understanding how every figure can influence a company's trajectory.
Advance through the course to unravel the complexities of manufacturing costs, financial statement analysis, and various costing systems. This voyage through the modules like activity-based management and cost behaviour analysis transforms you from a learner to a financial maestro. Gain mastery over budgeting, from planning to control, and grasp the nuances of standard costs and the balanced scorecard. By the course's conclusion, you will emerge as a professional capable of wielding financial data to sculpt business strategies, an invaluable asset in the dynamic corporate world.
Learning Outcomes
Attain a comprehensive understanding of management accounting principles.
Analyse manufacturing costs and decode complex financial statements.
Implement diverse costing methods, including activity-based systems.
Execute effective budget planning and maintain rigorous financial control.
Apply standard cost methods and balanced scorecard for business strategy.
Why choose this Management Accounting course?
Unlimited access to the course for a lifetime.
Opportunity to earn a certificate accredited by the CPD Quality Standards and CIQ after completing this course.
Structured lesson planning in line with industry standards.
Immerse yourself in innovative and captivating course materials and activities.
Assessments designed to evaluate advanced cognitive abilities and skill proficiency.
Flexibility to complete the Course at your own pace, on your own schedule.
Receive full tutor support throughout the week, from Monday to Friday, to enhance your learning experience.
Unlock career resources for CV improvement, interview readiness, and job success.
Who is this Management Accounting course for?
Individuals aspiring to a career in management accounting.
Business executives seeking financial decision-making skills.
Entrepreneurs requiring knowledge of financial strategy.
Accounting students aiming to broaden their expertise.
Professionals in finance roles desiring advancement.
Career path
Management Accountant - £28,000 to £50,000
Finance Manager - £31,000 to £56,000
Corporate Treasurer - £35,000 to £68,000
Internal Auditor - £29,000 to £54,000
Investment Analyst - £32,000 to £58,000
Business Consultant - £33,000 to £60,000
Prerequisites
This Management Accounting does not require you to have any prior qualifications or experience. You can just enrol and start learning.This Management Accounting was made by professionals and it is compatible with all PC's, Mac's, tablets and smartphones. You will be able to access the course from anywhere at any time as long as you have a good enough internet connection.
Certification
After studying the course materials, there will be a written assignment test which you can take at the end of the course. After successfully passing the test you will be able to claim the pdf certificate for £4.99 Original Hard Copy certificates need to be ordered at an additional cost of £8.
Course Curriculum
Module 01 : Introduction to Management Account
Introduction to Management Account 00:04:00
Module 02: Manufacturing Costs and Financial Statements
Manufacturing Costs and Financial Statements 00:15:00
Module 03: Traditional Costing System - Job and Process
Traditional Costing System - Job and Process 00:12:00
Module 04: Activity Based Costing System
Activity Based Costing System 00:14:00
Module 05: Activity Based Management
Activity Based Management 00:05:00
Module 06: Cost Behaviour and the Contribution Margin
Cost Behaviour and the Contribution Margin 00:22:00
Module 07: Cost Volume Profit
Cost Volume Profit 00:12:00
Module 08: Cost Volume Profit Analysis
Cost Volume Profit Analysis 00:18:00
Module 09: Incremental Analysis in Decision Making
Incremental Analysis in Decision Making 00:15:00
Module 10: Budget Planning
Budget Planning 00:15:00
Module 11: Budget Control And Responsibility Accounting
Responsibility Accounting Lecture 00:18:00
Budget Control Lecture 00:15:00
Module 12: Control Using Standard Costs and the Balanced Scorecard
Control Using Standard Costs and the Balanced Scorecard 00:14:00
Downloadable Resources
Resources 00:00:00
Assignment
Assignment - Management Accounting 00:00:00