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Management Accounting Theory and Techniques
'Management Accounting Theory and Techniques' is a course designed to provide an overview of accounting-based theories and procedures used to create and preserve organisational value. These methods form part of the management accounting toolbox to inform an organisation's strategy execution. The course guides you through essential theories and techniques at various decision-making levels.First we consider using the budgetary process to deploy an organisation's strategy by interpreting the vision mission and strategic objectives to formulate medium and short-term plans. We then discuss how performance is managed through budgetary control principles involving identifying critical success factors and key performance indicators based on organisational strategy. Finally we look at risk and uncertainty in the short term and how to account for and analyse risks in planning and operational activities.The course participants will become acquainted with core theories and tools used to enact organisational strategy analyse and control the strategy execution at an operational level and report on outcomes. You will also understand how to account for and report on risks associated with decision-making. So enrol today and start developing your toolbox to gain a competitive advantage.
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Disclaimer: Some of the links on this website are affiliate links, meaning we may earn a commission if you click through and make a purchase. This comes at no additional cost to you.
By clicking the button above, you acknowledge that you will be redirected to a third-party website and agree to their terms and conditions.
Product information, including title, description, and images, is sourced/provided by our affiliate partner, Alison US CA.
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