Managerial Accounting

Scope of Training

The aim of this training programme is to provide participants with the concepts, theory and practice of the cost-control function of management.

Participants will learn what information is needed within an organisation; where to obtain this information; and how managers can use this information to plan, control and make decisions.

Topics include cost behaviour and forecasting, capital budgeting, activity-based costing and management, costs of quality and productivity improvement programs, cost-volume analysis, tactical decision making and transfer pricing.  

Course Details

• Duration: 2 weeks 
• Contact hours: 12 hours 
• The course consists of 4 sessions of 3 hours each 
• The sessions will be held twice a week in the afternoon 
• Successful candidates will be awarded a Certificate of Competence 

Entry Requirements

• This course is open to everyone and has no prerequisites.

Target Audience

This course is designed for:

• Functional Managers 
• Financial Managers
• Deciion Makers 

Course Objectives & Benefits

By the end of the training programme, participants should be able to: 

• Understand the differences between financial and managerial accounting 
• Calculate costs in a job order and a process cost accounting system and understand how the costs flow through the system 
• Understand the types of costs and how they behave in order to calculate cost-volume-profit relationships