Diploma in Management Accounting - Level 3

Access Duration - 365 Days
Guided Learning Hour 45 Guided Learning Hours (45)
Course Material Course Material
Number of Modules 17 Number of Modules 17
4( 4 REVIEWS )
311 STUDENTS
£.00
 

What Will I Learn?

Gain a clear understanding of your job role in management accounting and what it entails.
Become an expert at producing financial statements and learn about trial balance.
Learn about bookkeeping and how to record transactions.
Gain an understanding of commonly used accounting concepts.
Learn about non-current assets and intangible assets.
Learn how to identify and rectify errors.

Overview

Become more efficient and effective in your business with the Diploma in Management Accounting – Level 3 course. Management accounting will enable businesses to apply principles and practices to achieve the desired outcome within your business. Accounting is integral to a company or organisation and accountants are in high-demand these days. Management accounting takes it a step further and introduces learners to costs and performance evaluation, profit reconciliation and budgetary control. In a competitive field like management accounting, individuals must remain marketable by qualifying in recognisable academic courses.

The course offers learners an overview of management accounting with in-depth understanding of the fundamentals of how absorption and marginal costing works, investment appraisal, budgeting techniques and break-even analysis.

The success of every company is determined by the decisions based on management accounting reports. The Diploma in Management Accounting – Level 3 will enable individuals to become efficient management accountants within their company or organisation. The course is also highly useful for students who want to have a career in management accounting, and those who are already employed but want to advance in climb up the career ladder.

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 3 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. Your training provider 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.

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
  • Who is this Course aimed at?
  • Entry Requirement
  • Method of Assessment
  • Certification
  • Accredited Body (Accreditation)
  • Progression and Career Path
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 Accounting field
  • Business Managers
  • Entrepreneurs
  • Anyone who is looking to gain a knowledge and skills in Management Accounting.
  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A recognised qualification at level 2 or above in any discipline.
In order to complete the Diploma in Management Accounting – Level 3 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 Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course). Course Code: QLS-04463

Quality Licence Scheme have long-established reputations for providing high quality vocational qualifications across a wide range of industries. Quality Licence Scheme 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, Quality Licence Scheme also offers qualifications for all ages and abilities all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

This certificate is sure to get you a desirable job role in the management accounting field. You can also use this certificate to expand your education in the subject or to demand for a salary increment or job promotion from your employer. Listed below are some of the job roles this certificate will help you land, along with the average UK salary per annum according to https://www.payscale.com/career-path-planner,

  • Accountant – £28,565 per annum
  • Management Accountant – £32,165 per annum
  • Tax Accountant  - £29,001 per annum
  • Accounts Assistant – £18,883 per annum
  • Accounts Executive – £22,243 per annum
  • Staff Accountant – £24,115 per annum
  • Accounting Assistant – £20,352 per annum
  • Accounting Clerk – £17,609 per annum
  • Accounts Payable Clerk – £19,801 per annum
  • Bookkeeper – £20,796 per annum
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
  • 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
Common Career Paths For Management Accountant
  

Key Features

Gain an Accredited UK Qualification
Access to Excellent Quality Study Materials
Personalised Learning Experience
Support by Phone, Live Chat, and Email
Eligible for TOTUM Discount Card
UK Register of Learning Providers Reg No : 10053842

Course Curriculum

1: Introduction - Management Accounting
Introduction – Management Accounting
2: Costs and Performance Evaluation
Costs and Performance Evaluation
3: Absorption and Marginal costing
Absorption and Marginal costing
☑ Assignment
☑ Submit your Assignment
4: Profit reconciliation
Profit reconciliation
5: Activity based costing
Activity based costing
6: Break-even Analysis
Break-even Analysis
☑ Assignment
☑ Submit your Assignment
7: Budgeting techniques
Budgeting techniques
8: Budgetary Control
Budgetary Control
9: Standard Costing and Variance Analysis
Standard Costing and Variance Analysis
☑ Assignment
☑ Submit your Assignment
10: Idle time and variance causes
Idle time and variance causes
11: Cost Bookkeeping
Cost Bookkeeping
12: Process Costing and Manufacturing Accounts
Process Costing and Manufacturing Accounts
13: Batch and job costing
Batch and job costing
☑ Assignment
☑ Submit your Assignment
14: Mean, mode and median
Mean, mode and median
15: Deviation, distribution and compounding
Deviation, distribution and compounding
16: Investment appraisal
Investment appraisal
17: Formulas
Formulas
☑ Assignment
☑ Submit your Assignment

Students feedback

4

Average rating (4)
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    A H

    Alexis Hudson

    January 23, 2021
    Dedicated provider

    I want to thank the provider for their dedication to students. I have taken online courses in the past but never have found this standard. Everything proceeded smoothly which gave me the opportunity to complete this course successfully.

    T J

    Terry Johnston

    December 03, 2020
    Future prospects

    Taking this course has equipped me with the skills to become a successful accountant. As a full-time employee I was concerned about taking on a course, but I was able to manage it well because of the flexibility and convenience I was given.

    R M

    River Mcdonald

    November 21, 2020
    Informative course

    I gained a wealth of knowledge in management accounting and what it entails. I learned about accounting concepts, bookkeeping and record transactions and producing financial statements.

    A S

    Aiden Sutton

    October 06, 2020
    Good

    I enjoyed taking this course. It was good.

£.00
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