Accounting for Decision-making

Managers must have an understanding of accounting information to effectively perform their role. This training workshop explains the nature of management accounting and how it aids managers’ decision-making.

• Key characteristics of accounting information
• The role of information technology
• Commercial objectives
• Capex and opex

This training workshop is suitable for:

• Staff responsible for budget preparation and reporting.
• Managers who are budget holders or have budget responsibility.
• Staff with planning responsibility who need a deeper understanding of costs and budgets.

Upon completion of this training workshop, you will understand:

• The qualitative characteristics of accounting information.
• How to relate financial information to commercial objectives.
• How and why you should distinguish between operational and capital expenditure.