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Diploma in Management Accounting - Level 3 * Great New Year sale *

Endorsed Certificate by ABC Awards | Ofqual Regulated Vocational Qualification |QLS-04463


Global Edulink

Summary

Price
£229 inc VAT
Or £76.33/mo. for 3 months...
Study method
Online
Duration
45 hours · Self-paced
Qualification
No formal qualification
Achievement
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately

Overview

Diploma in Management Accounting - Level 3

* Great New Year sale *

Stand the chance to get a free Level 3 or above course when you enroll with us!!!

Become more efficient and effective in your business with the Diploma in Management Accounting – Level 3 course. Management accounting will enable businesses to apply principles and practices to achieve the desired outcome within your business. Accounting is integral to a company or organisation and accountants are in high-demand these days. Management accounting takes it a step further and introduces learners to costs and performance evaluation, profit reconciliation and budgetary control. In a competitive field like management accounting, individuals must remain marketable by qualifying in recognisable academic courses.

The course offers learners an overview of management accounting with in-depth understanding of the fundamentals of how absorption and marginal costing works, investment appraisal, budgeting techniques and break-even analysis.

The success of every company is determined by the decisions based on management accounting reports. The Diploma in Management Accounting – Level 3 will enable individuals to become efficient management accountants within their company or organisation. The course is also highly useful for students who want to have a career in management accounting, and those who are already employed but want to advance in climb up the career ladder.

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. This means that Global Edulink has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed by Global Edulink to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards & Certa Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

We are always thinking of ways in which you can gain the best from our online learning platform. When you enroll with us on this program you will have the opportunity to enroll on a Level 3 course or above for free!!! The courses that you can choose from have been indicated on our suggested course below.

  • Diploma in Financial Accounting - Level 3
  • Diploma in Investment and Finance - Level 3
  • Diploma in Innovation and Small Business Management - Level 3
  • Diploma in Money and Monetary Policy - Level 3
  • Diploma in Banking - Level 3
  • Diploma in Business Law - Level 3
  • Diploma in Corporate Governance & Business Law - Level 3
  • Diploma in Central Banking Monetary Policy - Level 3
  • Diploma in Business Ethics and Law - Level 3
  • Diploma in Business Ethics and Corporate Governance - Level 3
  • Diploma in Business Economics - Level 3
  • Diploma in Business and Management - Level 3
  • Diploma in Applied Business Analysis - Level 3
  • Diploma in Strategic Marketing - Level 3
  • Diploma in Cost Analysis - Level 3
  • Diploma in Business Information Systems - Level 3
  • Diploma in Business Information Management - Level 3
  • Diploma in Study Skills - Level 3
  • Diploma in Business Management - Level 4
  • Diploma in Customer Service - Level 4
  • Diploma in Human Resource Management - Level 4
  • Diploma in Office Administration - Level 4
  • Diploma in Office Administration and Bookkeeping - Level 4
  • Diploma in Office Administration and HR - Level 4
  • Diploma in Office Administration and Management - Level 4
  • Diploma in Office Administration and PA - Level 4
  • Diploma in Office Administration and Reception - Level 4

Achievement

Course media

Description

What Will I Learn?

  • Gain a clear understanding of your job role in management accounting and what it entails.
  • Become an expert at producing financial statements and learn about trial balance.
  • Learn about bookkeeping and how to record transactions.
  • Gain an understanding of commonly used accounting concepts.
  • Learn about non-current assets and intangible assets.
  • Learn how to identify and rectify errors.

Course Curriculum : Diploma in Management Accounting - Level 3

1: Introduction - Management Accounting

2: Costs And Performance Evaluation

3: Absorption And Marginal Costing

4: Profit Reconciliation

5: Activity Based Costing

6: Break-Even Analysis

7: Budgeting Techniques

8: Budgetary Control

9: Standard Costing And Variance Analysis

10: Idle Time And Variance Causes

11: Cost Bookkeeping

12: Process Costing And Manufacturing Accounts

13: Batch And Job Costing

14: Mean, Mode And Median

15: Deviation, Distribution And Compounding

16: Investment Appraisal

17: Formulas

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Method of Assessment

In order to complete the Diploma in Management Accounting – Level 3 successfully and gain your professional qualification, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments.

Please Note: Additionally, £179 (Inc. VAT) is charged for assessment and certificate and you need to pay that when you are submitting your assessments only (It is not required to pay initially when you are registering). This payment can be paid into 06 installments when you are submitting your assessments.

Certification

At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

Course Code: QLS-04463

Awarding Body (Accreditation)

ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales

Who is this course for?

  • Accounts Officer
  • Management Accountant, Accounts Executive
  • Students in the Accounting field
  • Business Managers
  • Entrepreneurs
  • Anyone who is looking to gain a knowledge and skills in Management Accounting.

Requirements

  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A recognised qualification at level 2 or above in any discipline.

Career path

  • Accountant
  • Management Accountant
  • Accounts Assistant
  • Accounts Executive
  • Staff Accountant

Others jobs you can get

  • Accounting Assistant
  • Accounting Clerk
  • Accounts Payable Clerk
  • Bookkeeper

Questions and answers

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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.