Course Highlights
The fundamental and intricate facets of managerial accounting are thoroughly explored in the masterclass course. Following an overview of the fundamentals, this course delves deeply into issues of process costing versus work cost, which are critical to precisely estimating project expenses. Learning how to evaluate cost behaviour and how it affects strategic and operational choices will be imparted to participants. Budgeting strategies that improve financial forecasting and planning are also covered in the programme. The concluding segment covers the capital investment choices and performance appraisal, imparting techniques for effectively evaluating the health and profitability of corporations.
Enrol in this Managerial Accounting Masterclass course and elaborate your career today!
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Learning outcome
- Understand the principles and objectives of managerial accounting.
- Differentiate between process costing and job costing techniques.
- Analyze various types of cost behavior in business scenarios.
- Develop comprehensive budget plans for better financial management.
- Implement performance evaluation techniques to assess organizational efficiency.
- Make informed decisions regarding capital investments.
- Apply managerial accounting tools to real-world business challenges.
Certificate of Achievement
Quality Licence Scheme Endorsed Certificate
Upon completing the final assessment, you can apply for the Quality Licence Scheme Endorsed Certificate of Achievement. Endorsed certificates can be ordered and delivered to your home by post for only £109.
Order Your QLS Certificate
An extra £10 postage charge will be required for students leaving overseas.
Skill Up Recognised Certificate
Upon successful completion of the Managerial Accounting Masterclass, you have the opportunity to request a Skill Up Recognised Certificate. This certificate holds significant value, and its validation will endure throughout your lifetime.
- 1. PDF Certificate + PDF Transcript: £14.99
- 2. Hardcopy Certificate + Hardcopy Transcript: £19.99
- 3. Delivery Charge: £10.00 (Applicable for International Students)
CPD Quality Standards Accredited Certificate
After successfully completing the Managerial Accounting Masterclass course, you can apply for the CPD Quality Standards Accredited Certificate of Achievement.
1. PDF Certificate: £25.00
2. Hardcopy Certificate: £35.00
3. Delivery Charge: £10.00 (Applicable for International Students)
Course media
Why should I take this course?
- Master essential managerial accounting skills to boost your career.
- Enhance your ability to make strategic financial decisions.
- Gain proficiency in budgeting and financial planning.
- Learn to evaluate business performance comprehensively.
- Prepare for advanced roles in financial management.
Career Path
- Financial Manager
- Cost Accountant
- Budget Analyst
- Internal Auditor
- Financial Analyst
Requirements
- Basic understanding of accounting principles.
- Commitment to actively participate and complete assignments.
- Access to financial calculation tools or software.
Course Curriculum
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Managerial Accounting Defined00:05:00
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Financial Accounting Compared to Managerial Accounting00:09:00
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Trends00:14:00
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Foundation Concepts part 100:09:00
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Foundation Concepts part 200:10:00
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Foundation Concepts part 300:11:00
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Process costing vs Job Cost00:08:00
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Job cost part 100:10:00
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Job cost part 200:08:00
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Allocating costs to multiple products00:01:00
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Departmental Overhead Rate00:09:00
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Activity Based Costing00:11:00
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Cost Behavior00:12:00
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Cost Behavior Continued00:16:00
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Break Even Point Changes00:06:00
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Break Even Point Changes00:06:00
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Sales Mix00:08:00
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Pricing00:13:00
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Short Term Decisions00:13:00
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Budgeting Intro00:12:00
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Budgeting continued00:15:00
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Operating Budgets00:06:00
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Cash Budget00:09:00
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Budgeted Balance Sheet00:05:00
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Performance Evaluation00:12:00
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Performance Evaluation Cont p100:11:00
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Performance Evaluation Cont p200:07:00
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Standards00:09:00
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Standard Costs Continued00:16:00
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Capital Investment Decisions00:12:00
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Capital Investment Analysis00:14:00
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Assignment – Managerial Accounting Masterclass
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Submit Your Assignment & Order QLS Certificate
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Skill Up Recognised Certificate
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Order CPDQS Certificate
14-Day Money-Back Guarantee
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Duration:5 hours, 7 minutes
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Access:1 Year
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Units:35
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