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Diploma in Managerial Accounting

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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

Course Curriculum

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

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