Course information

Management Accounting Course Outline

Module 1: Introduction to Management Accounting

  • Overview of Management Accounting
    • Definition and scope
    • Differences between financial and Management Accounting
  • Role of Management Accounting in Decision Making
    • Strategic and operational decision making
    • Importance for internal control

Module 2: Cost Concepts and Classifications

  • Basic Cost Concepts
    • Direct vs. indirect costs
    • Fixed vs. variable costs
  • Cost Classification
    • Product vs. period costs
    • Cost behaviour and analysis

Module 3: Costing Methods and Techniques

  • Job Order Costing
    • Characteristics and applications
    • Cost allocation and control
  • Process Costing
    • Process cost flow
    • Calculation of unit costs
  • Activity-Based Costing (ABC)
    • Principles of ABC
    • Implementation and benefits

Module 4: Budgeting and Forecasting

  • Types of Budgets
    • Master budget
    • Flexible budgets
  • Budgetary Control
    • Variance analysis
    • Performance measurement
  • Forecasting Techniques
    • Quantitative vs. qualitative methods
    • Forecasting for decision making

Module 5: Cost-Volume-Profit Analysis

  • Break-Even Analysis
    • Calculation and interpretation
    • Application in decision making
  • Contribution Margin Analysis
    • Contribution margin ratio
    • Impact on profitability

Module 6: Performance Measurement and Management

  • Standard Costing
    • Setting and analysing standards
    • Variance analysis
  • Balanced Scorecard
    • Perspectives and metrics
    • Linking performance to strategy

Module 7: Financial Performance Evaluation

  • Profitability Analysis
    • Margin analysis
    • Return on investment (ROI)
  • Liquidity and Solvency Analysis
    • Cash flow management
    • Financial ratios

Module 8: Strategic Management Accounting

  • Strategic Cost Management
    • Techniques and tools
    • Aligning costs with strategy
  • Competitive Analysis
    • Benchmarking
    • Value chain analysis

Module 9: Ethical and Professional Issues in Management Accounting

  • Ethical Standards and Guidelines
    • Professional ethics in Management Accounting
    • Case studies and applications
  • Regulatory Framework
    •  
    •  
    • Legal and regulatory issues
    • Compliance and governance

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Who should attend this Management Accounting Course?

This Management Accounting Course is ideal for individuals seeking to enhance their financial decision-making skills, improve budgeting and forecasting, and gain deeper insights into managing organisational finances effectively. This course can be beneficial for a wide range of professionals, including:

  • Financial Analysts
  • Budget Analysts
  • Accountants
  • Controllers
  • Finance Managers
  • Business Consultants
  • Financial Planners
  • Investment Analysts

Prerequisites of this Management Accounting Course

There are no formal prerequisites required for this Management Accounting Course.

Management Accounting Training Course Overview

Management Accounting is a crucial discipline focused on providing financial information for internal decision-making. It plays a pivotal role in budgeting, performance evaluation, and strategic planning, offering insights that help organisations optimise their financial performance and make informed business decisions. Understanding Management Accounting principles is essential for enhancing operational efficiency and strategic effectiveness.

Proficiency in Management Accounting is vital for professionals aiming to excel in finance and accounting roles. It is particularly beneficial for Financial Analysts, Budget Officers, and Management Accountants who need to interpret financial data for strategic purposes. Mastering this skill ensures better resource allocation, cost management, and financial planning.

In this 2-day Management Accounting Training offered by The Knowledge Academy equips delegates with essential Management Accounting skills, including budgeting techniques, cost analysis, and financial forecasting. Delegates will gain practical knowledge to analyse financial performance, make data-driven decisions, and contribute effectively to their organisation’s financial strategy. The course is designed to enhance both theoretical understanding and practical application.

Course Objectives

  • To understand the principles and practices of Management Accounting
  • To develop skills in budgeting and forecasting techniques
  • To analyse cost behaviours and their impact on decision-making
  • To evaluate financial performance using key metrics and reports
  • To implement effective cost control measures
  • To apply Management Accounting concepts to real-world scenarios

Upon completing the course, delegates will receive a certificate recognising their proficiency in Management Accounting. This certification validates their ability to apply Management Accounting principles in practical settings, enhancing their professional credentials and career prospects.

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What’s included in this Management Accounting Course?

  • World-Class Training Sessions from Experienced Instructors
  • Management Accounting Certificate
  • Digital Delegate Pack

Why choose us

Our Noida venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

With a population of nearly 650,000 and an area of 203 square kilometres, Noida is located in the Indian state of Uttar Pradesh, in the district of Gautam Buddh Nagar. It is recognised as having the highest income per head in the National Capital Region. Noida offers a wide variety of public and private schools, both primary and secondary in addition to a number of institutions of higher education. The most notable of these include the Uttar Pradesh Technical University in addition to the centre of higher learning, Amity University. It also offers a television and film school, various army schools and a guitar school. Noida is also a prominent tourist destination due to its colourful and vibrant festivals, its sites of religious and historical heritage and its flavourful cuisine.

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Address

Asiawebmedia Management
H-13, First Floor
South EXPart 1
New Delhi
110049

T: +91 8037244591

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Management Accounting Course in Noida. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Management Accounting Course in Noida, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Management Accounting Course in Noida. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Management Accounting Course in Noida sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Management Accounting Course in Noida FAQs

Please arrive at the venue at 8:45am.
We are able to provide support via phone & email prior to attending, during and after the course.
Delegate pack consisting of course notes and exercises, Manual, Experienced Instructor, and Refreshments
This course is [ ] day(s)
Once your booking has been placed and confirmed, you will receive an email which contains your course location, course overview, pre-course reading material (if required), course agenda and payment receipts
The training fees for Management Accounting Coursein Noida starts from INR44995
The Knowledge Academy is the Leading global training provider for Management Accounting Course.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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