This course is designed to equip delegates with a basic understanding of management accounting and budgeting and the contribution these can make to effective management.
The course examines in detail the nature and scope of management accounting and the analysis and presentation of budgetary information to assist managers in making decisions. It is highly interactive and participation by course delegates is actively encouraged. Delivery involves the use of a comprehensive specially written manual, lectures, practical exercises, case study material and videos.
Who should take the course?
Those with a basic understanding of how financial statements fit together and accounting language wanting to further their knowledge.
This will improve delegates understanding of financial matters, which in turn enhances their ability to make better decisions, on day-to-day matters and investment decisions.
Almost every business decision made by managers have a financial impact, this course gives you the opportunity to improve your knowledge and your own performance.
A prior understanding of the concepts of the Profit & Loss Account and the Balance Sheet is assumed. The Bristol Management CentreFinancial Accounting for Non-Accountantscourse would provide necessary background for anyone lacking this aspect. Candidates will receive a certificate of attendance expressing that they have successfully completed the Management Accounting & Budgeting for Non-Accountants course.
- Cash Flow forecasting and the control of cash.
- Business ratios/Indicators of performance and financial position.
- The use of accounting information in decision making
- The control of costs/cost accounting
- Budgeting & Budgetary Control