Aim:

To develop knowledge and skills in theapplication of management accountingtechniques to quantitative and qualitativeinformation for planning, decision making,performance evaluation, andcontrol. This course is designed for individuals who want to learn how to make use of management accounting to increase the performance of an organisation through various techniques that include budgeting, costing systems and much more.

Main capabilities:

On successful completion of this course, you should be able to:

A Explain and apply cost accounting techniques that can be used in multiple industries across the world.

B Select and appropriately apply decision-making techniques to facilitate businessdecisions and promote efficient and effective use of scarce business resources,appreciating the risks and uncertainty inherent in business and controlling thoserisks.

C Identify and apply appropriate budgeting techniques and methods for planningand control and use standard costing systems to measure and control businessperformance and to identify remedial action.

D Identify and discuss performance management information and measurementsystems and assess the performance of an organisation from both a financialand non- financial viewpoint, appreciating the problems of controllingdivisionalised businesses and the importance of allowing for external aspects.

E Enhance a company's performance through various techniques that include budgeting, forecasting and much, much more.