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Online Management Accounting Course


MLP Learning

Summary

Price
£329 inc VAT
Or £54.83/mo. for 6 months...
Study method
Online
Duration
Self-paced
Qualification
No formal qualification
CPD
20 CPD hours / points

Overview

What is This Course About?

The Online Management Accounting Course gets down into accounting concepts, methods and processes vital to managerial decision-making. It talks about the objectives, mission and targets of management accounting, and deals comprehensively with cost accounting, identifying its methods, applications and significance in the area of management and decision-making. Other imperatives that are thoroughly covered in this course include budgeting, the CVP analysis process, pricing, performance measurement and result evaluation.

Management accounting enables business owners and managers to see the operational status of their business, and aid them in planning for their activities and next course of action. Simply put, it assists in the decision-making process. By getting into this course, students will learn how accounting information is systematically drawn so that it can be used for managerial functions, particularly in the decision-making process. With such knowledge, students will be able to apply appropriate techniques and methods to collect and present relevant economic information that can be used to assists management in minimising risks and losses and maximising profits.

CPD

20 CPD hours / points
Accredited by CPD STANDARD OF ONLINE LEARNING AND DEVELOPMENT

Description

Who is it Ideal for?

The course is a useful tool learners new to management accounting. It is also suited for beginning managers and those who are about to get involved in company operations, particularly in the financial aspect of the business. To be specific, this course will be of great assistance to individuals who will be working as:

  • Entrepreneurs
  • Budget analysts
  • Financial analysts
  • Accounting managers
  • Corporate treasurers
  • Corporate controllers
  • Internal auditors
  • Cash-management accountants
  • Fixed-assets accountants

What are the Aims of the Course?

By the end of this course, students will be able to:

  • Have knowledge of the nature, scope, functions, benefits, tools and techniques of management accounting.
  • Understand the costing system and know how to utilise its techniques to make decisions.
  • Make use of management accounting to gather and interpret information that can be used to prepare budgets and monitor and evaluate a company’s performance.

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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.