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.
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.
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 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.
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 |
Ali Parry
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.
Bennie Williamson
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.
Mel Patel
I’m pleased with the standard of this course.
Val Hamilton
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.