ADVANCED MANAGEMENT ACCOUNTING

This course is designed to equip candidates with the knowledge, skills, and attitudes necessary to apply advanced management accounting tools and techniques for decision making within the context of organizational strategy. Through this course, candidates will learn to use comprehensive accounting data and methods to support strategic decision making and performance measurement.

Learning Outcomes

Upon successful completion of this course, candidates will be able to:

• Use Cost Estimation Data in Decision Making: Utilize detailed cost estimation data to inform and guide business decisions.
• Apply Advanced Management Accounting Techniques to Aid in Organisational Strategic Decision Making: Implement sophisticated management accounting techniques to support and enhance strategic decision making processes within an organization.
• Use Financial and Non-Financial Indicators to Measure Organisational Performance: Employ both financial and non-financial metrics to assess and drive organizational performance.
• Apply Environmental Management Accounting Concepts in Practice: Integrate environmental management accounting principles to promote sustainability and environmental responsibility in business operations.

Course Content Overview

• Cost Estimation and Decision Making
• Advanced Management Accounting Techniques
• Strategic Decision Making in Management Accounting
• Performance Measurement Using Financial and Non-Financial Indicators
• Environmental Management Accounting

This course is ideal for individuals seeking to deepen their understanding of advanced management accounting and its application in strategic decision making. It is particularly suitable for management accountants, financial analysts, and strategic planners who are involved in guiding organizational strategy and performance. By the end of this course, candidates will be well-prepared to apply advanced management accounting techniques to drive strategic decisions and enhance overall organizational effectiveness.