Management Accounting

This course aims to provide a clear idea about management accounting. This includes differentiating between various cost types such as direct, indirect, fixed, & variable costs. It helps focusing on the different costing systems used in organizations, such as job order costing, process costing, and activity-based costing (ABC). It also explains the importance of Cost Volume Profit (CVP) Analysis which involves studying concepts like contribution margin, break-even analysis, target profit analysis, and evaluating the impact of changes in cost and sales volume on profitability.

Learning Objectives:

Participants who successfully complete this course will be able to:

• Understand the different types of costs
• Accumulate and analyze cost information
• Use cost information to make decisions
• Understand the different costing systems used in organizations.