Management Accounting

Rapid Skillz

Course

Online

£ 30.63 VAT inc.

*Indicative price

Original amount in USD:

$ 38

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Description

  • Type

    Course

  • Level

    Intermediate

  • Methodology

    Online

  • Duration

    Flexible

  • Start date

    Different dates available

Learn about management accounting, its functions and use it to design an effective accounting system to increase profits.

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

Upon completion of this program students will be able to:
Define management accounting
Differentiate between financial accounting and management accounting
Understand the need, importance, relevance of Financial Statement Analysis, Funds Flow Analysis, Cash Flow Analysis, Marginal costing and Break-Even Analysis
List and describe the techniques of Financial Statement Analysis
Explain the Financial Statement Analysis, Funds Flow Analysis, Cash Flow Analysis, Marginal cost, and Break-Even Analysis
Apply CVP analysis in managerial decision-making
Define budgets and budgetary control
Explain zero-based budgeting
Define standard cost and standard costing
Explain the importance of variance analysis
Describe material and labor costs

Students pursuing commerce, accounts, and MBA.
Professionals who know the basics about financial accounting
Professionals who want to learn about management accounting

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Reviews

Subjects

  • Financial Training
  • Financial Accounting
  • Cash Flow
  • Financial
  • Management Accounting
  • Budgetary control
  • Safety
  • Analysis
  • Marginal Costing
  • Classify budgets
  • Variance

Teachers and trainers (1)

Name Name

Name Name

Teacher

Course programme

Introduction to Management Accounting
  • Define Management Accounting and its functions
  • Differentiate between Financial Accounting and Management Accounting
Financial Statement Analysis
  • Define financial statement analysis
  • Explain the need for financial analysis
  • List and describe some techniques of financial statement analysis
  • Funds Flow Analysis
Cash Flow Analysis
  • List the important terms that affect funds of a firm
  • Describe the relevance of a funds flow statement
  • Explain the steps involved in analyzing flow of funds
  • Describe the format of a funds flow statement
  • Prepare a funds flow statement
Marginal Costing and Break-Even Analysis
  • List the important terms in Costing
  • Define marginal costing
  • Describe the assumptions of marginal costing
  • Explain CVP analysis, break-even analysis and margin of safety
Decisions involving alternative choices
  • Explain cost identification for decision-making
  • Apply CVP analysis in managerial decision-making
Budgetary Control
  • Define budgets and budgetary control
  • List the objectives of budgetary control
  • Classify budgets
  • Explain zero-based budgeting
Standard Costing
  • Define standard cost and standard costing
  • Explain the importance of variance analysis
  • Describe material and labour costs

Additional information

Benefits

On signing up for the course you will get immediate access to information and course content.
Rich set of examples, industry scenarios explained by the subject matter expert via concept and demonstration videos
Flexibility in learning. Watch the videos and read the content at your convenience, on your own schedule.
Through our practice quizzes and MCQs you can test yourself on the skills learnt at every level. You can also test yourself by attempting the problem solving questions.
Get an industry-wide recognized certificate in Management Accounting by Manipal ProLearn
Find opportunities as Financial Analyst, Cost Accountant, Financial Controller etc. Entry level package for Management Accountants starts from 3lac INR per annum.

See related categories

Management Accounting

£ 30.63 VAT inc.

*Indicative price

Original amount in USD:

$ 38

The best Accounting courses

See all

See all