This Managerial Accounting Course has been designed for anyone interested in getting to grips with the basics of accounting theory, and who wish to acquire some insight into the accounts produced within a variety of business organisations.
Course Overview
This Managerial Accounting Course has been designed for anyone interested in getting to grips with the basics of accounting theory, and who wish to acquire some insight into the accounts produced within a variety of business organisations.
Course content
Financial accounts
Profit and loss accounts and how to understand them
Reading an income and expenditure account and analysing the finance flows within your organisation
Cash and accruals accounting showing how each is used
Terminology associated with income and expenditure accounting
Communicating effectively with finance professionals
Analysing trends in financial flows and formulating appropriate questions
Reading a balance sheet and analysing the financial position of the organisation
How an asset register is used
Analysing your accounts
Constructing a cash flow statement from narrative information
The different rules for charity accounting under the Charity SORP and the presentation of company and housing association accounts
Management accounts
The budgeting process
How budgeting relates to strategic objectives and good governance
Constructing a budget
Estimating costs and income accurately for budget purposes
Using management accounts to understand the past and forecast the future
Cost centres – understanding how they are used in your organisation
Nominal, purchase and sales ledgers
Using benchmarking in constructing a budget
Distinguishing between fixed and variable costs
Using the concepts of break-even pricing
A template to forecast the effects of changing costs, sales volume and price
Evaluating opportunity costs
A year of free support
Known for our exceptional levels of guidance, whenever candidates require advice or encouragement, we are by their side. It makes no difference whether you are taking part in employer-funded training or you are undertaking tuition independently.
If you want to vastly improve career prospects, gain promotion, return to work or simply stand out from the crowd, Acudemy will help you in a way that no-one else can.
Our training programs are insightful, high quality, high value and innovative. Delivering measurable impact and outstanding results.
We skillfully blend proven teaching practices with a consultative, result-centric outlook that emphasises the practical application of knowledge in line with each student’s strategic needs and aims.
Financial Skills for Non Finance Professionals training is offered by Oneaccountancy Training. We can tailor our training packages to deliver the skills your organisation needs and will work with you to deliver flexible, accessible, cost effective training.
This course is designed to explore the world of finance for middle to senior managers, working in non-financial areas within different sectors of an organisation.
In today's competitive business world firms are under unprecedented pressure to deliver value to their shareholders and other key stakeholders. Senior executives are finding that they need some financial know-how to cope with the responsibility placed on them as decision-makers.
Finance for Non Financial Managers training is offered by Clearly Financial Markets Professional Training for all skill level. Clearly Financial Markets provide a wide range of courses for our clients.
The aim of this unit is to provide leaders with an understanding of the scope, complexity and role of finance within an organisational context. Leaders will know how to critically assess methods for analysing financial data and information required to make strategic decisions.
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