The preparation of a master budget and utilising it for planning and control purposes.Using responsibility accounting to evaluate managerial or departmental performance.Making the right short-term decisions regarding outsourcing, special orders, and product mix.Management tools for evaluating performance and making costing decisions.The various types of costs and cost behaviours.Describing and identifying information that relates to business decisions.The role of managerial accounting in the effective conduct of an organisation.Throughout the course of this programme, you will focus your learning on the following areas: Managerial accounting involves the study of information systems, accounting records, and company goals to make sound decisions within the organisation. You will learn how to use financial information to forecast sales performance, identify potential risks, and develop effective business strategies. Completing this assignment to a satisfactory standard is a mandatory requirement.Īdvanced Certificate in Managerial Accounting and AnalysisĮvery company depends on effective accounting and analysis strategies in order to maintain a competitive standing within the global business environment. You will be formally assessed once during the programme, which will consist of a written report of up to 3,500 words. Formulate and present recommendations based on financial statement information, such as investment and credit decisions Assessing historical and potential financial performance ◦ Analysing the quality of reported financial earningsģ.Evaluating a company’s financial position.Utilise financial statements as a tool for: Understand the fundamental aspects of the four types of financial statements:Ģ. ![]() ![]() Upon completing this programme of study you will have gained the ability to:ġ. Financial statements provide an account of the past, current, and future financial health of a company, and are used as a source for sound strategic decision making. In this course, you will learn how to accurately read financial statements using tools for analysis. Financial information is also used to make integral business decisions. Advanced Certificate in Financial Accounting and AnalysisĮvery company demands accurate accounting and an in-depth understanding of their financial statements in order to thrive in a global business environment.
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