What Will I Learn?
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? |
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| Entry Requirement |
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| 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.
Others jobs you can get
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| Other Benefits |
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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 | |||
170 STUDENTS ENROLLED
Accredited Qualification
Unit Summary
Awarded By
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All students enrolled with Global Edulink are entitled to a CV Writing and Interview Skills Pack, which includes CV templates, cover letter guidance, and advice for interviews. MORE INFO
If you need career support Global Edulink is here for you. We provide excellent career support through our Career Support Service. MORE INFO
Every student of Global Edulink is eligible to apply for an NUS Extra card, allowing you to enjoy great saving by top brands on the high-street and online.
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