This course, designed for higher education students, covers the key concepts of managerial accounting. Beginning with an exploration of foundational cost concepts and their significance in decision-making and planning, the course takes you through the essentials of manufacturing and non-manufacturing costs.
From there, the course progresses to systems design, offering insights into job-order costing, activity-based costing, and variable and absorption costing techniques. Students will gain expertise in cost-volume-profit analysis and master the art of crafting effective budgets that align with strategic objectives.
As the course unfolds, students explore the realms of operational control and performance measurement, understanding how standard costs, variances, and relevant costs contribute to informed decision-making.
Concluding with an in-depth look at capital budgeting processes, the course equips you to evaluate investment opportunities and make strategic financial decisions.
- Theory, questions, and solutions in a module
- Developed by industry professionals, ensuring relevance and practical application
- Case based learning preparing students for exams and/or professional assignments
- Adaptive question module, offering instant feedback on thousands of questions to accelerate the learning experience
- Customized learning journey aligned to your course's learning objectives