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Management Accounting Essentials

Learn key aspects of cost and management accounting for informed decision-making in this introductory ACCA course.

Learn key aspects of cost and management accounting for informed decision-making in this introductory ACCA course.

Discover the fundamentals of management accounting with this introductory course from ACCA. Ideal for aspiring business and finance professionals, this self-paced program covers essential topics like cost classification, recording costs, and using spreadsheets for financial decision-making. You'll gain valuable insights into the role of management information in organizational planning and decision-making processes. The course prepares you for ACCA's Management Information (MA1) exam and requires no prior knowledge, making it perfect for beginners in business, finance, or accountancy. Whether you're a student, entrepreneur, or career changer, this course provides a solid foundation in management accounting principles crucial for business success.

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Instructors:

English

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Management Accounting Essentials

This course includes

6 Weeks

Of Self-paced video lessons

Beginner Level

Free course

What you'll learn

  • Understand the nature and purpose of cost and management accounting

  • Learn about source documents and coding in accounting systems

  • Master cost classification and measurement techniques

  • Develop skills in recording costs accurately

  • Gain proficiency in using spreadsheets for financial analysis

  • Prepare for ACCA's Management Information (MA1) exam

Skills you'll gain

Management Accounting
Cost Analysis
Financial Decision-Making
Spreadsheet Skills
Organizational Planning
Business Finance
ACCA Exam Preparation

This course includes:

PreRecorded video

Graded assignments, exams

Access on Mobile, Tablet, Desktop

FullTime access

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Top companies offer this course to their employees

Top companies provide this course to enhance their employees' skills, ensuring they excel in handling complex projects and drive organizational success.

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There are 5 modules in this course

This course provides a comprehensive introduction to management accounting, focusing on its role in supporting organizational planning and decision-making. It covers key aspects of cost and management accounting, including the nature and purpose of these disciplines, source documents and coding, cost classification and measurement, recording costs, and the use of spreadsheets. The course is designed to develop students' knowledge and understanding of providing basic management information, which is crucial for making informed business decisions. It's particularly beneficial for those starting a career in business, finance, or accountancy, studying these subjects at school or college, or preparing to launch their own start-up. The course also serves as preparation for ACCA's Management Information (MA1) exam.

The nature and purpose of cost and management accounting

Module 1

Source documents and coding

Module 2

Cost classification and measuring

Module 3

Recording costs

Module 4

Spreadsheets

Module 5

Fee Structure

Instructors

Empowering Financial Professionals Through ACCA Education

Krutika Adatia serves as the Digital Learning Lead at ACCA (Association of Chartered Certified Accountants), specializing in finance and accounting solutions. Her expertise is evident in the diverse range of courses she teaches under the ACCA banner. These courses cover essential areas of financial management, including Financial Accounting, Management Accounting, Business and Technology, Bookkeeping (both introductory and intermediate levels), and Management Accounting (introductory and intermediate). Through these comprehensive programs, Krutika plays a crucial role in shaping the next generation of accounting and finance professionals, equipping them with the knowledge and skills needed to excel in the rapidly evolving financial landscape.

Isobel Wroath
Isobel Wroath

7 Courses

Fostering Financial Expertise Through ACCA's Digital Community

Isobel Wroath holds the position of Digital Community Manager at ACCA (Association of Chartered Certified Accountants), specializing in finance and accounting solutions. Her role extends beyond community management as she contributes to ACCA's educational mission by teaching a comprehensive suite of courses. These include Financial Accounting, Management Accounting, Business and Technology, as well as introductory and intermediate levels of both Bookkeeping and Management Accounting. Through her expertise and dedication, Isobel plays a vital role in nurturing a digital community of aspiring finance professionals while simultaneously imparting crucial knowledge across various domains of accounting and financial management.

Management Accounting Essentials

This course includes

6 Weeks

Of Self-paced video lessons

Beginner Level

Free course

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Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.