Managerial Accounting
Duration : 5 days
This course delves into Managerial Accounting, essential for measuring business success and meeting goals. It's crucial for students, employees, and business owners aiming to enhance profits. Participants will learn cost behavior, allocation systems, cost-volume-profit analysis, and decision-making assessments.
Learning Objectives
Understand the importance and essence of managerial accounting.
Describe fundamental concepts and types of costs in managerial accounting.
Apply cost-volume-profit analysis and allocate overhead rates effectively for decision-making.
Training Program
Introduction to Managerial Accounting
Managerial Accounting and Cost Terms
Cost Behaviour and Cost-Volume-Profit Analysis
Job Order Cost Accounting
Performance management
Module 1: Introduction to Managerial Accounting
Fundamentals of Managerial Accounting
Understanding Managerial Accounting and Cost Terms
Analyzing Cost Behaviour and Cost-Volume-Profit Analysis
Applying Job Order Cost Accounting
Performance Management and Process Costing
Advanced Cost Accounting Techniques
Implementing Performance Management
Exploring Process Cost Accounting
Conducting Cost-Volume-Profit Analysis
Budgeting and Planning
Comprehensive Budgeting Strategies
Developing Master Budgets and Planning
Effective Cost Management
Establishing Internal Controls
Standard Costs and Budgeting
Optimizing Costs and Budgets
Utilizing Standard Costs and Flexible Budgets
Understanding Capital Budgeting Fundamentals
Making Decisions with Relevant Costs
Cost Behaviour Analysis
Detailed Cost Behaviour Insights
Differentiating Fixed vs. Variable Costs
Analyzing Mixed Costs
Using the High-Low Method
Comparing Absorption vs. Variable Costing
Problem Solving with Variable Costing
Professional Ethics and Financial Analysis
Ethics and Advanced Financial Concepts
Upholding Professional Ethics for Management Accounting Professionals
Conducting Financial Statement Analysis
Exploring Corporate Finance
Applying Decision Analysis and Risk Management
Making Informed Investment Decisions
Transfer Your training path continues in your participant space. Log in to access resources, self-assess your skills acquired during your training, and facilitate the implementation of your commitments in your professional context.
Key Points
Numerous practical examples illustrating the different studied concepts
Practical cases carried out in Excel by the participants at each key stage of the training
Who Should Attend This Training
Non-financial managers
Accountant
Cost controller
Managerial Controller
Prerequisities
Accounting basics
Teaching Methods
Training structured around skill transfer
Acquisition of operational skills through practice and experimentation
Collaborative learning during synchronous sessions
Multi-stage learning path to allow engagement, learning, and transfer
Training promoting participant engagement for better anchoring of lessons
Satisfaction and Evaluation
Skill evaluation will be conducted throughout the training by the participant (self-evaluation) and/or the trainer according to the training methods.
Online training evaluation on your participant space:
Immediate evaluation at the end of the training to measure your satisfaction and perception of skill improvement against training objectives. With your agreement, your overall rating and comments will be published on our site via Verified Reviews.
Post-training evaluation 40 days later to validate the transfer of your acquired skills in the workplace
Attendance tracking and issuance of an individual training certificate or a certificate of completion
LONDON
128 City Road, EC1V 2NX London
PARIS
38 Rue Boulard, 75014, Paris