Certificate Series
Managerial Accounting
Online Executive Education
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Program Overview This course examines how decision makers utilize accounting information for strategic, tactical, and operating decisions. It introduces the techniques and analyses that managers commonly apply to cost and accounting data, in order to make sound business decisions. The topics include measuring product costs, activity-based costing and management, quality control costs, cost drivers and cost behavior, costvolume profit model, and management controls and budgeting.
Benefits By the end of this program, participants will be able to:
Demonstrate how the accounting system records and
Who Should Attend This program is targeted for financial and accounting managers, business controllers, planners, cost and budget analysts who want to master the modern approaches to cost and managerial accounting concepts. It is also suitable for mid-to-senior level managers who are responsible for daily operations of a unit, a department, or a functional area and want to sharpen their budgeting skills and understand cost drivers and their implications on their area of responsibility.
Special Feature Three week on-line self-coaching program that includes a unique self-assessment tool, personalized feedback, and follow-up centered around work-life balance.
reports the flow of costs in organizations. Apply activity-based costing and management (ABCM) to eliminate non-value added costs. Distinguish between variable costs and fixed costs, between short run and long run, and define the relevant range. Identify the characteristics and behavior of different types of costs and analyze decisions that influence these costs. Recognize the importance of management accounting in an organization and how it can be used within the context of the other functions of the company.
Program Outline Introduction to Managerial Accounting
Distinguish between financial & managerial accounting Conceptual framework of management accounting Understand cost classification in relation to time, volume, cost, inventory valuation.
Management Control and Budgeting
Approaches to management control. Interactions between different types of budgets. The use of the budget in planning and control. Activity Based Costing
Identify particularities of activity-based costing. Determine cost of activities and of cost objects. Resources, drivers, and cost objects notions. Performance Measurement Systems
ROI analysis by calculating the: Payback, WACC, IRR,
Tuition Program Cost: $1,245 Duration: 5 weeks / 20 hours All program materials included.
Registration Details For course dates and registration details please visit our website.
ROA, NPV. Assess revenue and cost variances. Managerial decision making.
Quality Education We develop our programs with a focus on the fusion of theory and practice. Practitioners learn more than just concepts; they learn how to apply those concepts to real-world work situations.
NYIM sets the standard for high quality online executive education Our Approach Leading-edge curriculum drawn from Thought Leading Faculty with tested tools and practices used in the worlds’ leading organizations. Our programs are based on professional competencies desired for high performance in each field.
Our courses encourage students to incorporate workplace issues into their studies, providing Real-world Application to many of the academic theories covered by our curriculum. NYIM executive education offers relevant course experience that practitioners can carry with them throughout their career. NYIM workforce development solutions offer Outstanding Student Support to track progress and performance of online students with strong focus in maintaining student motivation, commitment, and the successful completion of our programs. NYIM best-in-class programs improve business performance, profitability and employee satisfaction. Comprehensive curriculum design offering a unique Collaborative Learning Experience, high quality interaction, on time technical support and post course knowledge reinforcement. At the convenience of their schedule, practitioners will develop and maintain the critical skills needed to advance their career.
Workforce Wellbeing Many professionals face the challenge of how to maintain long-term high performance without compromising health and well-being. Throughout our programs, you have the option to assess your own well-being at this stage of your life and career. NYIM gives you the opportunity to develop new habits that enhance your quality of life by providing you access to a leading health and well-being service offered by Vivamea’s on-line self-coaching program.
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