Description

Course overview

Managerial Accounting helps managers make informed decisions and effectively manage their business operations. It focuses on an organization's internal finances and aims to maximize profit and minimize loss. Explore the fundamentals of Managerial Accounting with this highly-acclaimed Diploma in Managerial Accounting course.

In this Diploma in Managerial Accounting course, you will gain a comprehensive understanding of Managerial Accounting and identify how it helps managers. You will learn the process of allocating cost to multiple products and understand the purpose of activity-based costing. The course also discusses the key strategies of cost behavior, sales mix, budgeting, and capital investment analysis. By the end of the period, you will have a clear concept of how to analyze business expenses and prepare financial reports to help managers make investment decisions.

Learning outcomes

Familiarize yourself with the trends in Managerial Accounting

Understand the difference between Managerial accounting and Financial accounting

Understand product cost vs job cost

Determine cost behavior

Identify what causes a change in the break-even point

Learn about operating budgets

Learn how to calculate the sales mix

Identify the steps of capital investment analysis

Who Is This Course For?

This Diploma in Managerial Accounting course is recommended to anyone interested in gaining relevant skills in Managerial Accounting to make effective managerial decisions. In addition, the skills gained from this training will provide excellent opportunities for career advancement.

Entry Requirement

This course is available to all learners of all academic backgrounds.

Learners should be aged 16 or over.

Good understanding of English language, numeracy and ICT skills are required to take this course.

Certification

After you have successfully completed the course, you will obtain an Accredited Certificate of Achievement. And, you will also receive a Course Completion Certificate following the course completion without sitting for the test. Certificates can be obtained either in hardcopy for £39 or in PDF format at the cost of £24.

PDF certificate's turnaround time is 24 hours, and for the hardcopy certificate, it is 3-9 working days.

Why Choose Us?

Affordable, engaging & high-quality e-learning study materials;

Tutorial videos and materials from the industry-leading experts;

Study in a user-friendly, advanced online learning platform;

Efficient exam systems for the assessment and instant result;

United Kingdom & internationally recognized accredited qualification;

Access to course content on mobile, tablet and desktop from anywhere, anytime;

Substantial career advancement opportunities;

24/7 student support via email.

Career Path

The Diploma in Managerial Accounting course provides essential skills that will make you more effective in your role. It would be beneficial for any related profession in the industry, such as:

Management Accountant

Business Professional

Business Manager

Setion 1
	Manaerial Accounting Defined	00:05:00
	Financial Accounting Compared to Managerial Accounting	00:09:00
	Trends	00:14:00
	Foundation Concepts part 1	00:09:00
	Foundation Concepts part 2	00:10:00
	Foundation Concepts part 3	00:11:00
Setion 2
	Process costing vs Job Cost	00:08:00
	Job cost part 1	00:10:00
	Job cost part 2	00:08:00
	Allocating costs to multiple products	00:13:00
	Departmental Overhead Rate	00:09:00
	Activity Based Costing	00:11:00
Setion 3
	Cost Behavior	00:12:00
	Cost Behavior Continued	00:16:00
	Break Even Point	00:11:00
	Break Even Point Changes	00:06:00
	Sales Mix	00:08:00
	Pricing	00:13:00
	Short Term Decisions	00:13:00
Setion 4
	Budgeting Intro	00:12:00
	Budgetin continued	00:15:00
	Operating Budgets	00:06:00
	Cash Budget	00:09:00
	Budgeted Balance Sheet	00:05:00
	Performance Evaluation	00:12:00
	Performance Evaluation Cont p1	00:11:00
	Performance Evaluation Cont p2	00:07:00
	Standards	00:09:00
	Standard Costs Continued	00:16:00
Setion 5
	Capital Investment Decisions	00:12:00
	Capital Investment Analysis	00:14:00
Certificate and Transcript
	Order Your Certificates and Transcripts	00:00:00

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Diploma in Managerial Accounting

By John Academy

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