Management Accounting: The Next Step Forward (F69)

objectives

This course will explore cutting edge management accounting techniques and how they can transform an organisation’s operations and prospects. Successful application of these techniques will help organisations achieve and sustain competitive advantage.

who should attend

This stimulating programme is designed for managers and finance professionals and those who wish to respond to the changing needs of an organisation. It will also familiarise participants with the concept and techniques of management accounting and its vital role in planning and implementing change for world-class performance.

programme profile

• Evaluation of management information systems to aid the decision making process
• Examination of alternative costing and accounting systems
  • Process costing
  • Joint and by-product costing
  • Absorption costing
  • Marginal costing
  • Throughput accounting
  • Back-flush accounting
• Information for decision-making
  • Relevant costs and income
  • Cost-volume-profit analysis
  • Break-even
  • Pricing decisions and profitability analysis
  • Outsourcing and make or buy decisions
  • Product or business discontinuance
  • Activity based costing and management
• Advanced performance measures
  • Financial performance measures 
  • Non-financial performance measures

Certificate Awarded

At the end of the programme an achievement certificate will be awarded on the basis of active participation and full time attendance. No examination is required.

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