Diploma in Advanced Management Accounting - Level 5

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365 Days
Diploma, Level 5
Course Certificate
Wishlist
Endorsed by 'ABC Awards'
150Guided Learning Hours
Course Material
20 Number of Modules
Assessment Included
Course Code QLS-04477

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 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

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.

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 recognised qualification at level 4 or above in any discipline.

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-04477

ABC 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.

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

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
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)

Key Features

Gain an Accredited UK Qualification

Access to Excellent Quality Study Materials

Learners will be Eligible for TOTUM Discount Card

Personalised Learning Experience

UK Register of Learning Providers Reg No : 10053842

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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
☑ 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