Managerial Accounting

Managerial Accounting

Price
AED 2,850

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.  

Target Audience

  • Functional Managers 
  • Financial Managers
  • Decision 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 

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 
  • Content: 4 topics 

 

Topic 1: Introduction to Managerial Accounting – Cost Behaviour and Forecasting 

Topic 2: Activity-based Costing and Management 

Topic 3: Capital Budgeting and Cost-Volume Analysis 

Topic 4: Tactical Decision Making and Transfer Pricing 

Professional
On-demand
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