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Management Accounts Training

One to One practical training with ongoing support available

Zephyr Accounting

Summary

Price
£299 - £499 inc VAT
Study method
Online + live classes
Duration
1 day · Part-time or full-time
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free
Additional info
  • Tutor is available to students

Overview

Management Accounts training is designed to give you a thorough experience of budgeting, forecasting, variance analysis and month end journals of bookkeeping.

Certificates

Certificate of completion

Digital certificate - Included

Description

This training will cover following key areas;

  • Brief introduction of management accounts
  • Identifying key financial and non-financial information
  • Processing of the month end journals, accruals, prepayments, depreciation
  • Generating key financial statements e.g. P&L account, balance sheet, cashflow etc
  • Budgeting and forecasting
  • Budgeted and Actual Variance Analysis
  • P&L budgeted vs actual
  • Aged Debtors & Creditors analysis
  • Key performance indicators (KPIs)
  • Business Analysis
    • Payback Period
    • Net Present Value (NPV)
    • Internal Rate of Return (IRR)
    • Profitability Index

Who is this course for?

  • Someone who already have bookkeeping knowledge and would like to progress to management accountant position
  • Business owner who would like to see clear financial picture of business

Requirements

  • Willingness to learn
  • Prior bookkeeping knowledge (advantage)

Career path

  • Senior Bookkeeper
  • Management Accountant
  • Accounts Manager
  • Finance Manager
  • Financial Controller

Questions and answers

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Legal information

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.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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