Course Description
This 5-day intensive training course is designed for those not qualified
but actively involved in financial functions within banks and companies
to ensure that they have a sound understanding of the techniques of preparing
financial information for the management of a business.
Learning Objectives
The aim of the Management Information module is to enable students to
prepare essential financial information for the management of a business.
Participants will leave the course with an exposure to and sound understanding
of:
- Costing and pricing
- Budgeting and forecasting
- Performance management
- Management decision making
The knowledge acquired in the study of Management Information is particularly
important in the integration of technical knowledge in planning and strategic
decisions. Delegates will be able to apply and build on their management
accounting knowledge to, among other things, undertake business analysis,
develop performance management approaches and assess and advise on appropriate
costing and pricing approaches for business.
Following completion of this training course an International
Certificate in Management Information will be issued by the ACA
Official Training Provider to the delegate by post.
Who Should Attend?
- Non-qualified accountants & finance functions
- Anyone who wishes to learn the essential elements of financial management
- New market entrants
- University graduates
Methodology
Classroom teaching using power-point slides and study workbooks as published
by the ICAEW are supplemented by the expertise, experience and know-how
of the qualified accounting trainer.
Knowledge pre-requisites
While functional numeracy and a basic understanding of how businesses
operate are an advantage there are no formal pre-requisites.
Course Highlights
- The fundamentals of costing
- Calculating unit costs
- Calculating unit costs
- Marginal costing and absorption costing
- Pricing calculations
- Budgeting
- Cash budgets and the cash cycle
- Performance management
- Standard costing and variance analysis
- Breakeven analysis and limiting factor analysis
- Investment appraisal techniques
State of the art facilities
Delegates can study in our comfortable hi-tech learning environment in
London, near Liverpool Street Station. |