Accounting For Decision Making

Accounting For Decision Making

Key details

Mode of delivery: Classroom-based

Course code: AFB31A

Duration: 1 day

Fee: £915.00 + VAT

CPD Hours: 6

Course Overview

This course covers key aspects of management and financial accounting, including budgeting, performance measurement, investment appraisal, stakeholder value, and data analytics. Attendees will learn strategies to support decision-making, manage risks, and use financial data to achieve organizational goals.

Agenda

Accounting For Decision Making

  • An Introduction To Management Accounting
  • The Importance Of It In Accounting Systems
  • How Management Accounting Supports Commerical Objectives

Course Review

  • Summary And Recap Of Key Learning Objectives
  • Action Planning

Target Audience

This course is suitable for:

  • Junior Management Accountants, Finance Officers, and Accounting Professionals new to decision support
  • Budgeting, Forecasting, and Cost Control Support Professionals
  • Business Analysts, Financial Analysts, and Performance Monitoring Professionals
  • Department Managers, Team Leaders, and Operational Managers using cost and profit information
  • Project Managers, Business Owners, and Entrepreneurs making commercial decisions
  • Non-Finance Professionals involved in planning, budgeting, and or performance analysis
  • Graduate Trainees and Professionals building management accounting confidence
  • Public Sector, NGO, and Non-Profit Staff involved in resource planning

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:

  • Understand the fundamentals of management accounting and its role in business strategy.
  • Recognise the significance of IT systems in enhancing the efficiency and accuracy of accounting functions.
  • Explain how management accounting supports the achievement of commercial and strategic objectives.

Categories

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