Description
Syllabus
Throughout the course of this programme, you will focus your learning on the following areas:
- The role of managerial accounting in the effective conduct of an organisation
- Describing and identifying information that relates to business decisions
- The various types of costs and cost behaviours
- Management tools for evaluating performance and making costing decisions
- Making the right short-term decisions regarding outsourcing, special orders, and product mix
- Using responsibility accounting to evaluate managerial or departmental performance
- The preparation of a master budget and utilising it for planning and control purposes
- Arriving at carefully considered capital investment decisions through the use of financial models
- Product and service quality management for eliminating deficiencies and waste
Assessment:
You will be formally assessed once during the programme, which will consist of a written report of up to 3,500 words. Completing this assignment to a satisfactory standard is a mandatory requirement.
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