Management accounting is an area of finance dealing, where accounting and financial information within an organisation is leveraged to provide managers as well as employees the basis to make informed business decisions; allowing them to be better equipped in both management and control functions.
This module focuses on cost management to ensure that a company or specific project is profitable. You will learn to evaluate the financial viability of a project, review the financial success of a project or company, carry out costing and budgeting, and design financial models using spreadsheets. The learning scope also covers a wide range of topics including basics of accounting, costing concepts, costing systems, data and variance analysis, capital budgeting, revenue and pricing management, cost-volume-profit analysis, forecasting, and budgeting.
Management Accounting is a module selected from the Diploma in Business Practice (Digital Marketing and Branding). It enables participants to acquire new skills or deepen relevant skills without the need to pursue a full diploma. As this is a stackable course, participants may choose to complete the remaining modules within the validity period, of five years, to be awarded the full Diploma qualification.
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Please click on the "Register" button to view the updated course schedule and fees on the Skills Training & Enhancement Portal (STEP).