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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 – 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 give learners an employable qualification that will make them attractive to potential employers.

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 qualifications to the next level.

Why study at Global Edulink?

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.

Access Duration

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.

Who is this Course aimed at?
  • Accounts Officer
  • Management Accountant, Accounts Executive
  • Students in the Management Accounting field
Entry Requirement
  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A recognised qualification at level 4 or above in any discipline.
Method of Assessment

In order to complete the Diploma in Advanced Management Accounting – Level 5 successfully and gain your professional qualification, 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.

Certification

Those who successfully completed the course will be awarded the Level 5 Diploma in Advanced Management Accounting by ABC Awards. It will make you valuable to employers, and your motivation at gaining new skills will be recognised.

Course Code: QLS-04477

Awarding Body

ABC Awards is an Ofqual regulated, leading national awarding body which develops diverse, high-quality vocational qualifications for all ages and abilities post-14. Founded in 1998, ABC Awards is a leading national awarding organisation with a long-established reputation for high quality support and services to the educational sector. ABC Awards are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life. If you gain an ABC Awards accredited qualification with Global Edulink, you will demonstrate a high level of skill, and will come away with many more opportunities open to you.

Progression and Career Path

Once you successfully completed the Level 5 Diploma in Advanced Management Accounting you will gain an accredited qualification that will give your career the jumpstart you have always wanted. With this qualification 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 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

 

Common Career Paths For Management Accountant
  

 

Others jobs you can get

  • Accounting Officer
  • Finance Officer
Other Benefits
  • 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
  • Gain access to quality video tutorials
  • 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
  • Quizzes, tests mock exams, practice exams to ensure you are 100% ready
  • Eligible for a NUS discount card
  • Free Career Support Service
  • 25% Discount on personal Statement and covering letter writing service
  • Free Access to Over 150 courses for 2 days (48 hours)
  • Free access to course before you purchase (For selected courses only)

 

Course Curriculum

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
Assignment Brief 00:00:00
☑ 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
Assignment Brief 00:00:00
☑ 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
Assignment Brief 00:00:00
☑ 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
Assignment Brief 00:00:00
☑ 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
Assignment Brief 00:00:00
☑ submit your assignment
£499 £299 (inc. VAT)
or only £119 (inc. VAT) intial payment

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INSTALLMENT
Initial Fee: £119.00 (Inc. VAT)
Assessment: £189.00 (Inc. VAT)

(Pay in 05 Installments)

Total Price: £308.00 (Inc. VAT)

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  • 365 Days
  • ,
  • Course Certificate
  • Awarded by 'ABC Awards'
  • 150Guided Learning Hours
  • Course Material
  • 20 Number of Modules
  • Assessment Included
  • Course Code QLS-04477

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