Course description

Advanced managerial accounting focuses on using financial data for strategic decision-making, cost control, and performance evaluation. It includes techniques like activity-based costing, variance analysis, and balanced scorecards. Managers use these insights to optimize operations, improve efficiency, and drive profitability. Effective managerial accounting enhances budgeting, forecasting, and overall financial planning.

What will i learn?

• Critically analyze and improve the operations of organizations through the application of management accounting techniques;
• Read, interpret and analyze financial statements; combine financial analysis with other information to assess the financial performance and position of a company;
• Apply relevant costing methods to analyze specific business issues.
• Develop (plan and forecast) budgets for different businesses.