Certified in Managerial Accounting

Wishlist Share
Share Course
Page Link
Share On Social Media
Course Info
Curriculum

About Course

Management Accounting is an essential tool that enhances a manager's ability to make effective economic decisions. The course objective is to give students a good understanding about the concepts and techniques of management accounting. These issues will be explained against the background of a fast changing global market. The course covers 4 topics. 1: After an introduction, we will first focus on the interaction of Management Accounting and the business process "Cost behavior", "Cost Management Systems" and "Decision Making" are the key issues. 2: In the second part, we will use accounting techniques for Planning and Control. "Budgeting", "Variance Analysis"…
Management Accounting is an essential tool that enhances a manager's ability to make effective economic decisions. The course objective is to give students a good understanding about the concepts and techniques of management accounting. These issues will be explained against the background of a fast changing global market. The course covers 4 topics. 1: After an introduction, we will first focus on the interaction of Management Accounting and the business process "Cost behavior", "Cost Management Systems" and "Decision Making" are the key issues. 2: In the second part, we will use accounting techniques for Planning and Control. "Budgeting", "Variance Analysis" and "Management Control System" will be discussed. 3: Part 3: Capital Budgeting, a technique to evaluate projects having cash flows at different moments in time. 4: The last part will be about Product Costing. Here the keywords are: "Cost Allocation", "Overheads" and "Job-Costing and Process-Costing Systems" [huge_it_forms id="8"]

What Will You Learn?

  • By the end of the course, students will be able to:
  • Compare job order with process costing;
  • Design and use an activity based costing system;
  • Evaluate and prepare managerial accounting statements;
  • Compute necessary managerial accounting information;
  • Classify and analyze the various types of costs in a manufacturing company;
  • Calculate and allocate overhead costs to product manufacturing

Course Curriculum

Module 1

  • Chapter 1 Control Systems, Cost Management Concepts and Cost Behavior.
  • Chapter 2 Traditional and Activity-Based Cost Management Systems
  • Chapter 3 Organizational Design, Responsibility Centers, and Financial Control

Module 2

  • Chapter 4 Management Accounting Information for Activity and Process
  • Chapter 5 Pricing, Product Planning and Investment Decisions
  • Chapter 6 Management Accounting and Control Systems for Strategic Purposes
  • Assignments

Module 3

  • Chapter 7 Assessment of Performance over the Entire Value Chain
  • Chapter 7 Assessment of Performance over the Entire Value Chain
  • Chapter 9Use of Budgets to Achieve Organizational Objectives
  • Assignments

Download eBooks

  • Download eBooks

Exam

₨10000

Requirements

  • The following documents required for admission.
  • Educational documents
  • CNIC/Passport Copy
  • Passport Size Picture
  • Experience letter in relevant field

Audience

  • Relevant qualification