Course Overview

The Management Accounting Training course is designed to provide students with a comprehensive understanding of the principles and practices of management accounting. This course covers topics such as budgeting, cost management, and financial analysis, which are essential for effective decision-making in any organisation. The course also explores the role of management accounting in supporting business strategy and performance management, as well as the use of accounting information systems and technology in management accounting processes.

Throughout the course, students will develop their analytical and problem-solving skills, as well as their ability to communicate financial information effectively to stakeholders at all levels of an organisation. The course also provides practical training in the use of accounting software such as Sage, QuickBooks, and Xero, which are commonly used in management accounting.

By the end of the course, students will have gained the skills and knowledge required to undertake a variety of management accounting roles, including financial analyst, management accountant, and financial controller. They will also be equipped with the skills necessary to pursue further study in accounting and related fields.

Course Benefits

  • Customised learning approach to give you maximum support in learning
  • Flexible one to one training sessions built according to your availability, with the option to choose days and sessions
  • Recruitment company facilitating you with job hunting after training
  • Certification form certified Bookkeeping firm
  • Specialised one to one training sessions for CV building
  • Installation of accounting software in your laptop
  • Covering experience requirement for all significant bookkeeping bodies

Course Modules

*Using sage as an example, the course structure is as follows:
(The course structure is same for all the other softwares)

  • Management Accounting: Introduction and Tools.
  • Fundamental concepts and knowledge building around the subject.
  • Income statement types (Absorption and variable costing).
  • Understanding and processing Cost-Volume-Profit analysis.
  • Processing and calculating the Pricing tools and making decisions based on results (Target costing).
  • Understating various Budgeting techniques (Operational and Financial).
  • Job and Process Costing.
  • ABC and Sections.

  • Trainees who are seeking roles as management accountants need an understanding of following
  • Cost Analysis
  • Budget & Forecasting
  • Departmental Analysis
  • Management accounting training aims to provide learning development through practical skills training and real client scenarios, technical skills development through exercises solved by the student and explained and discussed in the classroom.
  • Our trainees come from different academic backgrounds and it is important to collate all the information into a detailed workshop session to bring all the trainees at one page. The payroll workshop includes an introduction to all the HMRC forms, technical aspects, important dates, tax codes and year-end adjustments. It also includes a reference to HMRC website for more up to date knowledge.
  • To grasp the main techniques of management accounting for the decision making
  • To understand the effectiveness and range of management accounting tools
  • To understand the application of these instruments to any new scenarios
  • To process, calculate, analyse and evaluate the outcomes of these management accounting models, there causes and effects on the decision making

Skills You Will Gain

  • Financial analysis
  • Budgeting and forecasting
  • Cost analysis
  • Performance management
  • Performance management
  • Communication

Jobs You Can Apply For

  • Management Accountant
  • Financial Analyst
  • Financial Controller
  • Business Analyst
  • Finance Manager
  • Risk Manager
  • Auditor

Certification

  • Certificate in Management Accounting
Certificate

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