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 – 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 – 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 course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. 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 Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.
The course itself has been designed by Global Edulink to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards & Certa Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.
*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales
Global Edulink offers the most convenient path to gain recognised 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.
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.
In order to complete the Diploma in Advanced Management Accounting – 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.
At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).
Course Code: QLS-04477ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.
Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.
Once you successfully completed the Level 5 Diploma in Advanced Management Accounting 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.
| Common Career Paths For Management Accountant |
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| 1: Relevant Costs And Decision Making | |||
| Module 1 Relevant Costs and Decision Making | 00:00:00 | ||
| 2: Investment Appraisal Net Present Value | |||
| Module 2 Investment Appraisal Net Present Value | 00:00:00 | ||
| 3: Further Investment Appraisal Techniques | |||
| Module 3 Further Investment Appraisal Techniques | 00:00:00 | ||
| 4: Replacement, Rationing And Real Options | |||
| Module 4 Replacement, Rationing and Real Options | 00:00:00 | ||
| ☑ Assignment | |||
| ☑ Submit Your Assignment | |||
| 5: Activity Based Costing | |||
| Module 5 Activity Based Costing | 00:00:00 | ||
| 6: Throughput Accounting | |||
| Module 6 Throughput Accounting | 00:00:00 | ||
| 7: Cost Planning | |||
| Module 7 Cost Planning | 00:00:00 | ||
| 8: Cost Management | |||
| Module 8 Cost Management | 00:00:00 | ||
| ☑ Assignment | |||
| ☑ Submit Your Assignment | |||
| 9: Pricing Strategies | |||
| Module 9 Pricing Strategies | 00:00:00 | ||
| 10: Cost And Profit Analysis | |||
| Module 10 Cost and Profit Analysis | 00:00:00 | ||
| 11: Risk | |||
| Module 11 Risk | 00:00:00 | ||
| 12: Uncertainty | |||
| Module 12 Uncertainty | 00:00:00 | ||
| ☑ Assignment | |||
| ☑ Submit Your Assignment | |||
| 13: Measuring Risk | |||
| Module 13 Measuring Risk | 00:00:00 | ||
| 14: Risk Management | |||
| Module 14 Risk Management | 00:00:00 | ||
| 15: Budgets And Control Systems | |||
| Module 15 Budgets and Control Systems | 00:00:00 | ||
| 16: It And Information Systems | |||
| Module 16 IT and Information Systems | 00:00:00 | ||
| ☑ Assignment | |||
| ☑ Submit Your Assignment | |||
| 17: Performance Evaluation | |||
| Module 17 Performance Evaluation | 00:00:00 | ||
| 18: Performance Measurement In Responsibility Centres | |||
| Module 18 Performance Measurement in Responsibility Centres | 00:00:00 | ||
| 19: Transfer Pricing | |||
| Module 19 Transfer Pricing | 00:00:00 | ||
| 20: Appendix - Formulas | |||
| Module 20 Appendix – Formulas | 00:00:00 | ||
| ☑ Assignment | |||
| ☑ Submit Your Assignment | |||
Endorsed by 'ABC Awards'
Endorsed by 'ABC Awards'
Endorsed by 'ABC Awards'
Endorsed by 'ABC Awards'
ACCREDITED BY CPD & iAP
AWARDED BY SAGE UK
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