Location

Community Services & Continuing Education - Alexandria

Objectives

• This course aims to:- Develop the ability to collect, analyze, and communicate quantitative and non-quantitative information to assist management in making more effective planning and control decisions.- Apply and analyze different types of activity-based management tools through the preparation of estimates.- Perform cost variance analysis and demonstrate the use of standard costs in flexible budgeting- Prepare analyses of various special decisions, using relevant costing and benefits.

Outcomes

Upon successful completion of this course, the learners will be able to:• Apply managerial accounting and its objectives in a way that demonstrates a clear understanding of ethical responsibilities.• Analyze cost-volume-profit techniques to determine optimal managerial decisions.• Prepare a master budget and demonstrate an understanding of the relationship between the components.• Apply management tools and techniques such as the balanced scorecard, operational performance measures, quality, and environmental cost management.

Course Contents

- Role of Managerial Accounting- Job-Order versus process cost accounting- Activity based costing- Prices and budgetary planning- Incremental analysis and alternative inventory costing methods