AAT - Management Accounting Techniques
- Χρηματοοικ. Ασφαλιστικά Τραπεζικά - Λογιστικά/ Έλεγχος/ Φορολογικά
31 Ιαν 2025 11:04 31 Ιαν 2025 11:04
Αγγλικά
30.00 ώρες ( ημέρα )
ΠΕΡΙΓΡΑΦΗ
This course equips students with the skills to understand and apply management accounting within organizations, enhancing decision-making processes. Students will learn foundational principles of management accounting, understand cost handling, and recognize various accounting approaches. They will make informed judgments to support management decisions and grasp why effective management accounting is vital for any organization.
The curriculum covers techniques for managing direct costs, revenues, and short-term overhead costs, along with tools for decision-making based on estimates of costs, revenues, and cash flow. Practical skills taught include budgetary apportionments, variance analysis, cost-volume-profit analysis, and working capital management. Students will also learn to create simple budgets, monitor cash flows, and report financial information.
Students will use spreadsheets extensively to perform calculations, manipulate data, and prepare forecasts. Essential spreadsheet functions such as formulas, sorting, filtering, and the use of pivot tables and charts for presentation will be covered.
Ethical principles are emphasized throughout the course, underscoring the importance of integrity, objectivity, and professional competence in all accounting activities.
Learning Outcomes:
On successful completion of this subject, you should be able to:
- Understand the purpose and use of management accounting within organisations
- Use techniques required for dealing with costs
- Attribute costs according to organisational requirements
- Investigate deviations from budgets
- Use spreadsheet techniques to provide management accounting information
- Use management accounting techniques to support short-term decision making
- Understand principles of cash management Produce financial statements for sole traders and partnerships
Registration and Access
Once you complete an online purchase you will receive confirmation of account activation. Please allow 48 hours to get access to all the modules and for your eLearning account to be set up.
If you wish to receive an invoice instead of paying online, please contact us at info@myseminars.com.cy. Access to the course is valid for 365 days.
Certification
Upon the successful completion of the subject Business Tax, you can advance to the next subject of the AAT Diploma in Professional Accounting Level or If you have already completed other subjects, you can proceed to apply for your full AAT membership.
ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ
Topics to be Covered
- Internal reporting calculations
- Differences between marginal and absorption costing
- Record and calculate materials, labour and overhead costs
- Prepare cost accounting journals
- Apply inventory control methods
- Apply inventory control methods
- Differences between costing systems
- Calculate and attribute overhead costs using traditional methods
- Calculate overhead recovery rates using traditional methods
- Calculate overhead recovery rates using activity-based costing
- Under- or over-recovery of overheads
- Principles of standard prices/costs and budgeting
- Calculate variances
- Analyse and investigate variances
- Organise, record and format data
- Use tools to manipulate, analyse and verify data
- Use tools to prepare, protect and present accounting information
- Estimate and use short-term future revenue and costs
- Examine the effects of changing activity levels
- Principles of cash budgeting
- Improving cash flow
ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ
The AAT qualification is ideal for people who want a career in finance and business.
ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ
What's included in this course
- Study planner and guidance
- Access to AccountingWise Learn
- Comprehensive pre-recorded lectures
- Extensive question practice (including mock exams and feedback)
- Tutor support via phone or email
Exam Details
- Format: Computer-based assessment
- Availability: On Demand
- Pass: A score of 70%
- Length: 2 hours & 30 minutes
- Please Note: Official Exam is not provided; it should be purchased separately.