About the subject
You will develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for planning, decision making, performance evaluation, and control.
Specialist cost and management accounting techniquesExplain and apply cost accounting techniques
Decision-making techniquesSelect and appropriately apply decision-making techniques to facilitate business decisions and promote efficient and effective use of scarce business resources, appreciating the risks and uncertainty inherent in business and controlling those risks
Budgeting and controlIdentify and apply appropriate budgeting techniques and methods for planning and control and use standard costing systems to measure and control business performance and to identify remedial action
Performance measurement and controlIdentify and discuss performance management information and measurement systems and assess the performance of an organisation from both a financial and non- financial viewpoint, appreciating the problems of controlling divisionalised businesses and the importance of allowing for external aspects
Tena Sheil is an ACCA qualified accountant with a first class honours business degree. She has been involved in the SME, Not for Profit and Financial sectors since 1993. She specialises in the key areas of Financial and Performance Management which enhance planning, control and decision-making in the competitive modern organisation.