Aim
To develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for planning, decisionmaking, performance evaluation, and control.
Main capabilities
On successful completion of this paper, candidates should be able to:
A Explain and apply cost accounting techniques
B Select and appropriately apply decision-making techniques to facilitate business decisions and promote efficient and effective use of scarce business resources, appreciating the risks and uncertainty inherent in business and controlling those risks
C Identify and apply appropriate budgeting techniques and methods for planning and control and use standard costing systems to measure and control business performance and to identify remedial action
D Identify and discuss performance management information and measurement systems and assess the performance of an organisation from both a financial and non- financial viewpoint, appreciating the problems of controlling divisionalised businesses and the importance of allowing for external aspects
In order to attend these classes you first need to register using the following link: https://www.globalaccountancycollege.com/register.html
1 | Activity based costing |
2 | Target costing |
3 | Life-cycle costing |
4 | Throughput accounting |
5 | Environmental accounting |
6 | Relevant cost analysis |
7 | Cost volume profit analysis |
8 | Limiting factors |
9 | Pricing decisions |
10 | Make-or-buy and other short-term decisions |
11 | Dealing with risk and uncertainty in decision- making |
12 | Budgetary systems and types of budget |
13 | Quantitative analysis in budgeting |
14 | Standard costing |
15 | Material mix and yield variances |
16 | Sales mix and quantity variances |
17 | Planning and operational variances |
18 | Performance analysis |
19 | Performance management information systems |
20 | Sources of management information |
21 | Management reports |
22 | Performance analysis in private sector organisations |
23 | Divisional performance and transfer pricing |
24 | Performance analysis in not for profit organisations and the public sector |
25 | External considerations and behavioural aspects |
Starts On