mask1DIPLOMA
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bySales & Marketing
Management Accounting Theory and Techniques
time1.5-3hrs
timebeginner level
In this course, you will explore management accounting theory that enables value creation, preservation and reporting to manage performance. We guide you through forecasting techniques that inform the budgetary process. In addition to the theory behind budgeting and controlling performance, we also discuss linear programming. Finally, we consider risk and uncertainty and how to account for risk in decision-making.
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Management Accounting Theory and Techniques
This free online course provides an overview of the financial methods used to plan organisational strategy.
In this course, you will explore management accounting theory that enables value creation, preservation and reporting to manage performance. We guide you through forecasting techniques that inform the budgetary process. In addition to the theory behind budgeting and controlling performance, we also discuss linear programming. Finally, we consider risk and uncertainty and how to account for risk in decision-making.
checked1Course description
checked1Course module
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Module 1
5 Lessons
The Management Accounting Toolbox
This module provides an overview of the essential management accounting theories that enable decision makers to deploy organisational strategy, analyse and report on performance, and control operational activities.
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1.Learning Outcomes
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2.Budgeting and Budgetary Control
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3.Forecasting Techniques
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4.Linear Programming: Risk and Uncertainty in the Short-term
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5.Lesson Summary
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Module 2
1 Lessons
Course assessment
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