Management Accounting - Level 2

Course

In Hammersmith

£ 1,620 VAT inc.

Description

  • Type

    Course

  • Level

    Intermediate

  • Location

    Hammersmith

  • Duration

    3 Days

Upon completion of this course, you will be able to understand:

Which costs are relevant in short-term decision making.
Whether an organisation should make or buy products.
Which products should be prioritised if there are limited resources.
If a product should be discontinued or a location closed.
The nature and significance of appraising long-term investments.
How to use a range of investment appraisal techniques to assess and compare projects.
The advantages and limitations of each method.
How a business might set its long-term strategy.
The performance of a business using non-financial as well as financial measures.
The use of benchmarking to improve performance.
How to construct a balanced scorecard.
How to calculate customer profitability.
The role of integrated reporting.
The role of environmental accounting and carbon reporting.
The need for corporate governance and how ethical and environmental issues should be taken into account.

Facilities

Location

Start date

Hammersmith (London)
See map
W6 0NB

Start date

On request

About this course

Those who wish to understand the implications of decisions made across a range of management accounting issues.
Those who wish to develop the ability to analyse, interpret, and question the accounting information they may encounter in a business context.
Those who wish to acquire a sound appreciation of accounting and finance in order to communicate and succeed in the business world.
Non-accounting staff who desire a practical introduction to the fundamentals of management accounting.

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Reviews

This centre's achievements

2018

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 5 years

Subjects

  • Decision Making
  • Corporate Governance
  • Appraisal
  • Governance
  • Investment
  • Benchmarking
  • Financial
  • Management Accounting
  • Financial Training
  • Equipment

Course programme

Short-term Decision Making
  • What are relevant revenues and costs?
  • Make or buy decisions
  • Limiting factors
  • Upgrading equipment
  • Closure of sites or discontinuing products
Investment Appraisal Techniques
  • Accounting rate of return
  • Payback period
  • Net present value
  • Discounting to present value
  • Internal rate of return
Measuring and Reporting Performance
  • Performance measurement: strategy and objectives
  • Financial and non-financial performance measurement
  • Key performance measures
  • Benchmarking
  • The balanced scorecard
  • Customer profitability analysis
  • Integrated reporting
  • Environment accounting and carbon reporting
  • Corporate governance
  • Ethics

Management Accounting - Level 2

£ 1,620 VAT inc.