Diploma in Advanced Management Accounting at QLS Level 5

Access Duration - 365 Days
Guided Learning Hour 150 Guided Learning Hours (150)
Course Material Course Material
Number of Modules 20 Number of Modules 20
4.5( 4 REVIEWS )
175 STUDENTS
£299.00
 

What Will I Learn?

Gain a clear understanding of your job role in management accounting and what it entails.
Become an expert at cost and decision making.
Learn about cost and profit analysis.
Gain an understanding of measuring risk and risk management.
Learn about budgets and control systems.
Understand performance measurement in responsibility centres.

Overview

Management Accounting is integral not just to finance but also business. It will be the key to your success in your education and career. The Diploma in Advanced Management Accounting at QLS Level 5 Diploma in Advanced Management Accounting – Level 5 course aims to provide managers with financial information to manage an organisation.  The course is designed for learners who are employed as finance professionals and are in a position to make managerial decisions. The core goal of management accounting is to control part of the decision making process in order to achieve the desired results. Finance is central to any organisation and it is rarely that an organisation can function without this element. An organisation functions, grows and succeeds when finance is front and center.

The course will cover key features which relate to relevant cost and decision making, cost planning and cost management, cost and profit analysis, budget and control systems and risk management. The course will give learners in-depth knowledge on these key subjects enabling them to advance in their careers as finance managers and management accountants, while at the same time enhancing the performance within the organisation.

Management will involve activities that include decision making, planning and control. Management accounting is information for managers within an organisation enabling them to make effective decisions. The Diploma in Advanced Management Accounting at QLS Level 5 will also enable students to gain an in-depth understanding of management accounting to take their academic knowledge to the next level.

The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This means that Global Edulink has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 5 against level descriptors published by Quality Licence Scheme, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. We will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Why study at Global Edulink?

Global Edulink offers the most convenient path to gain skills and training that will give you the opportunity to put into practice your knowledge and expertise in an IT or corporate environment. You can study at your own pace at Global Edulink and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules and free resources which include Free CV writing pack, free career support and course demo to make your learning experience more enriching and rewarding.

  • Access Duration
  • Who is this Course aimed at?
  • Entry Requirement
  • Method of Assessment
  • Certification
  • Endorsed by
  • Progression and Career Path
  • Other Benefits

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course.  The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

  • Accounts Officer
  • Management Accountant, Accounts Executive
  • Students in the Management Accounting field
  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A qualification at level 4 or above in any discipline.

In order to complete the Diploma in Advanced Management Accounting at QLS Level 5 successfully, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments.

Those who successfully complete the course will be issued the Diploma in Advanced Management Accounting at QLS Level 5 by the Quality Licence Scheme.

Course Code: QLS-04477

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

Once you successfully completed the Diploma in Advanced Management Accounting at QLS Level 5 you will gain the knowledge that will give your career the jumpstart you have always wanted. With this completion you can further expand your education or go onto work in numerous positions that will also put you in line to demand a higher salary or job promotion. The average UK salary per annum according to https://www.payscale.com/career-path-planner is given below.

  • Accountant - £21,941 per annum
  • Senior Accountant - £33,929 per annum
  • Management Accountant - £32,093 per annum
  • Tax Accountant - £29,502 per annum
  • Accounts Executive - £22,196 per annum
  • Staff Accountant - £25,261 per annum
Others jobs you can get
  • Accounting Officer
  • Finance Officer
  • Written and designed by the industry’s finest expert instructors with over 15 years of experience
  • Repeat and rewind all your lectures and enjoy a personalised learning experience
  • Unlimited 12 months access from anywhere, anytime
  • Excellent Tutor Support Service (Monday to Friday)
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Eligible for a TOTUM discount card

Key Features

Gain an Accredited UK Qualification
Access to Excellent Quality Study Materials
Personalised Learning Experience
Support by Phone, Live Chat, and Email
Eligible for TOTUM Discount Card
UK Register of Learning Providers Reg No : 10053842

Course Curriculum

1: Relevant Costs And Decision Making
Module 1 Relevant Costs and Decision Making
2: Investment Appraisal Net Present Value
Module 2 Investment Appraisal Net Present Value
3: Further Investment Appraisal Techniques
Module 3 Further Investment Appraisal Techniques
4: Replacement, Rationing And Real Options
Module 4 Replacement, Rationing and Real Options
☑ Assignment
☑ Submit Your Assignment
5: Activity Based Costing
Module 5 Activity Based Costing
6: Throughput Accounting
Module 6 Throughput Accounting
7: Cost Planning
Module 7 Cost Planning
8: Cost Management
Module 8 Cost Management
☑ Assignment
☑ Submit Your Assignment
9: Pricing Strategies
Module 9 Pricing Strategies
10: Cost And Profit Analysis
Module 10 Cost and Profit Analysis
11: Risk
Module 11 Risk
12: Uncertainty
Module 12 Uncertainty
☑ Assignment
☑ Submit Your Assignment
13: Measuring Risk
Module 13 Measuring Risk
14: Risk Management
Module 14 Risk Management
15: Budgets And Control Systems
Module 15 Budgets and Control Systems
16: It And Information Systems
Module 16 IT and Information Systems
☑ Assignment
☑ Submit Your Assignment
17: Performance Evaluation
Module 17 Performance Evaluation
18: Performance Measurement In Responsibility Centres
Module 18 Performance Measurement in Responsibility Centres
19: Transfer Pricing
Module 19 Transfer Pricing
20: Appendix - Formulas
Module 20 Appendix – Formulas
☑ Assignment
☑ Submit Your Assignment

Students feedback

4.5

Average rating (4)
4.5
5 Star
4 Star
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1 Star
    A P

    Ali Parry

    January 15, 2021
    Wealth of knowledge

    The course offered a wealth of knowledge and a clear understanding of the job role in management accounting. All modules were well covered and discussed cost and profit, budgets and control systems, cost and decision making and risk management.

    B W

    Bennie Williamson

    December 22, 2020
    Highly recommended

    I was recommended this course by my employer who felt this qualification would serve me well in expanding my opportunities as a finance professional. It was a good learning experience for me.

    M P

    Mel Patel

    November 18, 2020
    Happy learner

    I’m pleased with the standard of this course.

    V H

    Val Hamilton

    October 25, 2020
    Excellent provider

    Thank you to GEL for their commitment and professionalism from the moment I signed up for this course until I completed it. I felt very comfortable and during my time with them.

£299.00
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