Essential Management Accounting

London Management Centre (LMC)

Course

In London

£ 5,350 + VAT

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Description

  • Type

    Course

  • Location

    London

  • Duration

    2 Weeks

This course will explore cutting edge management accounting techniques and how they can transform an organisation's operations and prospects. Successful application of these techniques will help organisations achieve and sustain competitive advantage. Suitable for: This highly stimulating course is designed for managers and finance professionals who wish to respond to the changing needs of the organisation. It is also beneficial for those wanting to familiarise themselves with the concepts and techniques of management accounting and its vital role in planning and implementing change for world-class performance.

Facilities

Location

Start date

London
See map
92 Seymour Place, W1H 2NJ

Start date

On request

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Course programme

COURSE PROFILE

The purpose and concept of budgeting

The relationship between budgets and costing information

Evaluating management information systems to aid decision-making

Exploring alternative costing and accounting systems. Back-flush accounting - Throughput accounting - Absorption costing - Marginal costing - Process costing

Advanced costing methods to develop a world-class costing system

Recent developments in activity based thinking

Exploring and constructing cost of quality frameworks

Using cost accounting techniques for decision-making. Life-cycle costing - Marginal costing - Relevant costs - Pricing

Advanced performance measures. Financial and non-financial performance measures - Balanced Scorecard - EFQM Excellence Model

SKILLS ATTAINED

Evaluating alternative costing methods
Using financial information for decision-making
Setting Key Performance Indicators
Measuring performance in financial and non-financial terms
Assessing the cost of quality
Linking budgeting and costing

See related categories

Essential Management Accounting

£ 5,350 + VAT

The best Business Strategy courses

See all

See all