Course Description: Global Management Accounting (GMA)

Aim:

The Global Management Accounting (GMA) course is intricately designed to equip learners with a deep understanding and practical application of management accounting techniques. These skills are essential for effective planning, control, and performance monitoring in various business contexts. The course is tailored to meet the needs of not only professionals seeking to enhance their managerial accounting skills but also university students looking to supplement their academic knowledge in this field.

Comprehensive Learning Experience:

The GMA course, as part of the Elite Subscription Plan, offers a blend of asynchronous learning with Global On-Demand (GOD) Video Lectures and personalized mentorship through the Global One-on-One Mentorship (GOOM) Program. This format caters to both self-paced learning and customized guidance, ideal for professionals and students balancing multiple commitments.

Dynamic Curriculum:

The curriculum covers both foundational and advanced topics in management accounting, ensuring a well-rounded understanding. It includes traditional cost accounting techniques, modern approaches to budgeting and variance analysis, and contemporary strategies for performance measurement and business monitoring.

Enhanced Course Curriculum:

1. Foundations of Management Accounting:

   • Introduction to management accounting principles and practices.
   • Understanding sources of data and cost classification.

2. Cost Accounting Techniques:

   • Detailed study of material, labor, and overhead accounting.
   • Techniques like absorption and marginal costing, job and batch costing.

3. Advanced Budgeting and Control:

   • Exploring the nature and purpose of budgeting.
   • Techniques for budget preparation, including flexible and capital budgeting.

4. Variance Analysis and Performance Measurement:

   • Standard costing systems, variance calculations, and analyses.
   • Performance measurement applications and cost reductions strategies.

5. Contemporary Issues in Management Accounting:

   • Addressing behavioural aspects and modern challenges in budgeting.
   • Latest trends in performance monitoring and reporting.

Tailored for Academic and Professional Growth:

• Asynchronous Learning: Flexible access to lectures and course materials, accommodating the schedules of busy professionals and students.
• Global Integrated Learning Framework (GILF): A blend of traditional learning methods with digital innovations, offering an adaptable and engaging educational experience.
• Personalized Mentorship: One-on-one guidance to deepen understanding and practical application of management accounting concepts.

Ideal for University Students and Professionals:

The GMA course is an invaluable asset for university students aiming to excel in their academic pursuits in management accounting and for professionals seeking to enhance their skills for career advancement. Enroll in GMA for a transformative learning journey in management accounting.