Certificate Program In Management Accounting

Learn how to analyse financial statements to make the right decisions that will add value to the organisation.
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1,532 students enrolled
Instructed by Manipal Global Business / Finance
$50
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  • Lectures 24
  • Contents Video: 3 hours
    Other: 3 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 4/2014 English

Course Description

Course Introduction:

Knowledge of management accounting helps in designing the most appropriate internal financial information systems. The Management Accounting course explains how you can analyse financial statements to make the right decisions in the day-to-day activities in an organisation, which in turn will help add value to the organisation.

Why Learn Management Accounting?

With the help of financial data, managers make decisions regarding day-to-day activities in the organisation. Management accounting helps in taking the right decisions. It is concerned with providing information to managers, that is, people in an organisation who direct and control its operation. Managerial accounting is manager-oriented and provides the essential data with which the organisations are actually run.
Management accounting is much broader than financial accounting because it includes aspects of managerial economics, industrial engineering, and management science. However, management accounting and financial accounting are part of the total accounting information system. The content of management accounting system is driven by the needs of the financial accounting system. A firm’s profitability is of interest to investors but managers need to know the profitability of individual products. The accounting system should be designed to provide total profits and profits for individual products. Hence, accounting system should be able to supply different information for different purposes.
Join us on this exciting journey as we learn about Management Accounting and how to apply it in organisations.

Learning Plan

You are expected to spend the following effort in completing this course:

Activity Time Spent (hrs.)

Read Learner Handbook 1

Watch videos for all modules 20

Self-Assessment Exercises 5

Total 26

What Next?

This course provided you an overview of the field of Management Accounting. To gain further competency as a Management Accounting professional you would need to gain an understanding of one or more of the following areas:

  • Finance for Non-Finance
  • Basic Corporate Finance
  • Equity Research
  • Financial Risk Management
  • Private Equity

Management Accounting is a powerful and important field for all organisations. To remain employable and competitive, you need to be frequently taking courses and learning about all the different aspects of Management Accounting and how they are applied across companies.


What are the requirements?

  • Prerequisite for this course is knowledge of Financial Accounting. If you do not already have this knowledge, you can do the course on Financial Accounting.

What am I going to get from this course?

  • By the end of this course, you will be able to:
  • • Define Management Accounting and its functions
  • • Differentiate between Financial Accounting and Management Accounting
  • • Explain and describe some techniques of financial statement analysis
  • • Describe the relevance of a funds flow statement
  • • Prepare a funds flow statement
  • • Explain the meaning and purpose of cash flow analysis
  • • Explain the process to be followed to prepare a cash flow statement
  • • Describe the format of a cash flow statement
  • • List the important terms in Costing
  • • Describe the assumptions of marginal costing
  • • Explain CVP analysis, break-even analysis and margin of safety
  • • Apply CVP analysis in managerial decision-making
  • • Define budgets and budgetary control
  • • Explain the importance of variance analysis
  • • Describe material and labour costs

What is the target audience?

  • Students of Commerce or Accounts
  • MBA students or graduates
  • People who want to learn about the basics of Management Accounting

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction to Management Accounting
06:30

In this video, you will learn the definition of Management Accounting and its functions. You will also learn the differences between Financial Accounting and Management Accounting.

5 pages

In this presentation, you will learn the definition of Management Accounting and its functions. You will also learn the differences between Financial Accounting and Management Accounting.

Introduction to Management Accounting - Self Assessment Quiz
5 questions
Section 2: Financial Statement Analysis
12:05

In this video, you will learn about the basics of financial statement analysis and the need for financial analysis.

17:39

In this video, you will learn about some techniques of financial statement analysis.

33 pages

In this presentation, you will learn about the basics of financial statement analysis and its need. You will also learn about some techniques of financial statement analysis.

Financial Statement Analysis - Self Assessment Quiz
10 questions
Section 3: Funds Flow Analysis
15:08

In this video, you will learn the important terms that affect funds of a firm. You will also learn about the relevance of a funds flow statement and the steps involved in analysing flow of funds.

05:54

In this video, you will learn how to prepare a funds flow statement.

20 pages

In this presentation, you will learn the important terms that affect funds of a firm. You will also learn about the relevance of a funds flow statement and the steps involved in analysing flow of funds. You will also learn how to prepare a funds flow statement.

Funds Flow Analysis - Self Assessment Quiz
10 questions
Section 4: Cash Flow Analysis
11:53

In this video, you will learn about the purpose of cash flow analysis and the utility of a cash flow statement.

05:52

In this video, you will learn about the process to be followed to prepare a cash flow statement and how to prepare a cash flow statement.

18 pages

In this presentation, you will learn about the purpose of cash flow analysis and the utility of a cash flow statement. You will also learn about the process to be followed to prepare a cash flow statement and how to prepare a cash flow statement.

Cash Flow Analysis - Self Assessment Quiz
10 questions
Section 5: Marginal Costing and Break-Even Analysis
12:45

In this video, you will learn about the important terms in costing. You will also learn about marginal costing and its assumptions.

14:58

In this video, you will learn about CVP analysis, break-even analysis and margin of safety.

28 pages

In this presentation, you will learn about the important terms in costing. You will also learn about marginal costing and its assumptions. In addition, you will learn about CVP analysis, break-even analysis and margin of safety.

Marginal Costing - Self Assessment Quiz
10 questions
Section 6: Decisions involving alternative choices
10:49

In this video, you will learn about cost identification for decision making.

12:25

In this video, you will learn how to apply CVP analysis in managerial decision making.

27 pages

In this presentation, you will learn about cost identification for decision making. You will also learn how to apply CVP analysis in managerial decision making.

Decisions involving alternative choices - Self Assessment Quiz
10 questions
Section 7: Budgetary Control
06:34

In this video, you will learn about budgets and budgetary control and the objectives of budgetary control.

15:34

In this video, you will learn how to classify budgets. You will also learn about zero-based budgeting.

20 pages

In this presentation, you will learn about budgets and budgetary control, the objectives of budgetary control and how to classify budgets. You will also learn about zero-based budgeting.

Budgetary Control - Self Assessment Quiz
10 questions
Section 8: Standard Costing
06:39

In this video, you will learn about standard cost and costing. You will also learn about variance analysis.

12:13

In this video, you will learn about variances that are calculated for material costs.

11:15

In this video, you will learn about variances that are calculated for labour costs.

31 pages

In this presentation, you will learn about standard cost and costing. You will also learn about variance analysis and the variances that are calculated for material and labour costs.

Standard Costing - Self Assessment Quiz
10 questions

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Instructor Biography

Manipal Global, Professional Certificate Programs to enhance Your Skills

Manipal Global Education Services is a leading international provider of high-quality higher education services. These include:

  • A wide range of services for educational institutions in India
  • Vocational training across a number of sectors
  • Technology-driven services in areas such as testing and education delivery.

Headquartered in Bangalore, India, Manipal Global also owns and operates university campuses in Malaysia, Antigua, Dubai and Nepal. It currently services and supports over 300,000 students, many of them through its award-winning technology platform, EduNxt™.

Manipal Global believes industry relevance is the key to career-focused education in India and Worldwide.

Other strategic investments include MeritTrac, India´s leading testing & assessment company, and iRize, a unique employment exchange initiative in partnership with educational institutions, local partners and the government.

The Manipal Global mantra – Achieve, Enable and Transform – builds on this legacy and expertise.

Manipal Global creates a future for every life it touches. A future that inspires achievements, enables ambitions, and transforms lives, worldwide.

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