Management Accounting

by Elegant Training Center

Managerial accountants work within companies and organizations to direct internal financial processes; monitor costs, sales, spending and budgets; conduct audits; identify past trends and predict future needs; and assist company leaders with

AED 2000

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img Duration

18 Hours

Course Details

Managerial accounting involves the presentation of financial information for internal purposes to be used by management in making key business decisions. Managerial accounting encompasses many facets of accounting, including product costing, budgeting, forecasting, and various financial analysis.

 

Learning Objectives After successfully finalizing this course, students should be able to:

  •  Define managerial accounting;
  • Have a clear view on business ethics, especially ethics related to accounting;
  •  Define cost drivers and calculate cost behavior;
  • Use cost-volume-profit analysis in decision-taking;
  • Set-up and use Activity-Based Costing;
  • Decide when information is relevant;
  • Use relevant information for decision making, both for pricing and operational decisions;
  • Describe the benefits of budgets;
  • Set-up and use a master budget;
  • Set-up and use flexible budgets;
  • Execute variance analysis;
  • Understand, define, and implement management control systems and responsibility accounting;
  • Discuss and comment on management control systems in a decentralized organization;
  • Analyse projects using discounted cash flow approach;
  • Set-up and use a scheme of cost allocation;
  • Set-up and use accounting for overhead costs;
  • Implement job-costing and process-costing systems.

Special Message

Special offer for new batch!

Elegant Professional and Management Development Training stands as a distinguished training center in Al Barsha1, Dubai, UAE setting the standard for excellence in face-to-face training programs. As a KHDA-approved and Autodesk Authorized center, we pride ourselves on offering affordable, effective, and industry-recognized courses across diverse fields, including Engineering & IT, Finance, Sales & Marketing, and HR & Administration.

As a KHDA-approved center, our dedication to quality education is recognized by the regulatory authority, assuring you of our commitment to delivering courses that meet the highest standards.

Moreover, being an Autodesk Authorized center in Dubai underscores our expertise in providing cutting-edge training in engineering and technology.

  • Barsha Branch

    Office Number 620, AL Attar Business Centre, Beside ibis Hotel, Al Barsha 1 Sheikh Zayed Road, Dubai,UAE Near Sharaf DG Metro Station, Barsha, Dubai

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