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 Engagement

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 is this training for

• Non-financial managers

• Accountant

• Cost controller

• Managerial controller

Prerequisites

• 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