Accounting for Managers: 04. Management & Cost Accounting
Mastering Financial Statements and Cost Management Techniques for Business Decision Making
Sentinel 9
Summary
- Reed courses certificate of completion - Free
- Tutor is available to students
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Overview
Delve into the essentials of financial and management accounting from a managerial perspective with Accounting for Managers: 04. Management & Cost Accounting. Master critical evaluation of financial statements and cost accounting techniques, vital for informed business decisions and career advancement in this dynamic field.
Curriculum
Course media
Description
Description:
Our Accounting for Managers: 04. Management & Cost Accounting course is meticulously designed to unveil the fundamentals of financial and management accounting, all from the vantage point of a business manager. The emphasis is placed on the critical evaluation of accounting information embedded in financial statements and the implementation of pivotal cost and management accounting techniques in day-to-day business decisions. This course champions a managerial and analytical stance toward the financial facets of business management, encapsulating key areas such as Management & Cost Accounting, Material, Labor & Overhead Costing, Process & Batch Costing, Job Costing, Activity-Based Costing - Lean Operations, Standard Costing & Variance, and Responsibilities for Variances. By the conclusion of this course, you will have expanded your understanding and capabilities in accounting fundamentals. Engaging in this training can open doors to new opportunities for career advancement and illuminate various exciting career paths in this dynamic field.
Accounting for Managers: 04. Management & Cost Accounting represents Part 4 of the 5-part extensive "Accounting for Managers" series offered by Sentinel|9. The course is enriched with lecture-style videos, real-world case studies, downloadable resources, and self-knowledge quizzes. Embark on a journey to amass stellar skills that will not only assist you in proficiently managing your company but also fuel your professional growth by enrolling in this course alongside others in the series.
Learning Outcomes:
- Understand Management & Cost Accounting: Acquire thorough knowledge of key principles in management and cost accounting.
- Analyze Financial Statements: Develop skills to critically evaluate and interpret financial statements.
- Apply Costing Techniques: Implement various costing techniques to manage and control organizational costs.
- Optimize Costing in Operations: Employ activity-based and job costing to optimize cost allocations in operations.
- Execute Standard Costing & Variance Analysis: Apply standard costing and perform variance analysis for effective budget management.
- Manage Financial Variances: Implement strategies to manage financial variances, ensuring accountability and fiscal stability.
Course Completion:
- In this course, you will be tested by completing a knowledge quiz. You need to score at least 80%+ across the test to be eligible to satisfactorily mark the course as complete.
Course Level:
- All Levels
Who is this course for?
- Accountants
- Bookkeepers
- Students
- Self Employed Individuals
- Managers
- Business Owners
- Start-up Companies
- Executives
Requirements
- No prerequisites.
- No materials distributed.
- No formal assessments required
Career path
- Business Analyst
- Business Risk and Governance Consultant
- Certified Practicing Accountant
- Chartered Accountant
- Chartered Tax Adviser
- Chief Financial Officer
- Corporate Secretary
- Financial Analyst
- Financial Controller
- Financial Project Manager
- Forensic Accountant
- Wealth Management Consultant
Questions and answers
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Certificates
Reed courses certificate of completion
Digital certificate - Included
Will be downloadable when all lectures have been completed
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This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
