Unlock Your Success with
Certified Managerial Accounting Course
- 4000+ Students
- Highly Experienced Trainers
- 4.8/5.0 ⭐ Rated on Google
Have Any Questions?
What You will Learn
- Learn the key differences between financial accounting and managerial accounting with hands-on techniques.
- Master tools like Activity-Based Costing (ABC), budgeting, variance analysis, and performance measurement.
- Gain expertise in managerial accounting and elevate your decision-making skills.
Course Format
- Live Tutorials
- Checking the Task
- Material Provided
Duration Course
- Weekly 3-8 Sessions
- 3 Hours of Consultations
- 1.5-2 Hours Classes
Course Content
Managerial Accounting Course Overview
Module 1: Introduction to Managerial Accounting
- Definition and scope of managerial accounting
- Differences between financial and managerial accounting
- Role of managerial accountants in organizations
- Ethical considerations in managerial accounting
Module 2: Cost Concepts and Cost Behavior
- Types of costs: Direct, Indirect, Fixed, Variable, and Mixed costs
- Cost classifications for decision-making
- Cost behavior and estimation
- Break-even analysis and Contribution margin
Module 3: Cost-Volume-Profit Analysis
- Break-even point and its analysis
- Operating leverage
- Margin of safety
- Multi-product cost-volume-profit analysis
Module 4: Budgeting and Planning
- The purpose of budgeting in organizations
- Types of budgets: Operating, Cash, and Flexible budgets
- Master budget preparation
- Behavioral aspects of budgeting
Module 5: Standard Costing and Variance Analysis
- Establishing standard costs for products/services
- Variance analysis: Material, Labor, and Overhead variances
- Investigating variances and understanding their causes
Module 6: Activity-Based Costing (ABC)
- Overview of traditional costing vs. activity-based costing
- Identifying cost drivers
- Implementing ABC in decision-making
Module 7: Performance Measurement and Balanced Scorecard
- Financial and non-financial performance measures
- Key performance indicators (KPIs)
- Balanced Scorecard approach
- Using performance measures for decision-making
Module 8: Relevant Costing and Decision Making
- Relevant costs for decision-making
- Make-or-buy decisions
- Special orders, pricing, and product mix decisions
- Impact of constraints on decision-making
Module 9: Capital Budgeting and Investment Decisions
- Introduction to capital budgeting
- Techniques: Net Present Value (NPV), Internal Rate of Return (IRR), Payback period, and Profitability Index
- Risk and uncertainty in capital budgeting
Module 10: Financial Statement Analysis for Managerial Decision Making
- Ratio analysis: Profitability, liquidity, solvency, and efficiency ratios o Trend analysis and comparative financial statements
- Cash flow analysis and forecasting
FAQ’s
The Certified Management Accountant (CMA) Course is a globally recognized program that prepares individuals for a career in managerial accounting. It focuses on financial analysis, strategic decision-making, and performance management. This course helps you master key concepts in managerial accounting such as budgeting, cost analysis, and performance measurement.
Financial accounting focuses on reporting financial information to external stakeholders, like investors and regulators. In contrast, managerial accounting involves internal reporting that helps managers make informed decisions about planning, controlling, and operational strategies within the organization.
Yes, the course is designed for individuals at various levels of expertise. Whether you’re new to managerial accounting or an experienced professional, you will gain valuable insights and practical knowledge applicable to your career.
You’ll cover a wide range of topics such as cost behavior analysis, budgeting, capital budgeting, performance measurement, activity-based costing (ABC), and much more. These modules are designed to enhance your ability to make strategic financial decisions.
No, there are no mandatory prerequisites for this course. However, a basic understanding of financial accounting can be beneficial. It is ideal for those looking to transition into managerial accounting or enhance their current skills.
Yes, upon completion of the course, you will receive a certificate from Al Manal Training Center. This certification is valuable for individuals aiming to pursue careers in managerial accounting or become a Certified Management Accountant (CMA).
Course Instructor
Ar Mahalakshmi V
Head of Training and Development in AutoCAD 2D & 3D
Qualifications:
- Master’s Degree in Architecture (M.Arch)
- Bachelor’s Degree in Architecture (B.Arch)
Certifications:
- Autodesk Revit Architecture
- Autodesk 3Ds Max
Students Pass Rate
Years Of Experience
Ready to Elevate Your Career in Managerial Accounting?
Join the Certified Management Accountant Course at Al Manal Training Center and become a pro in managerial accounting and financial decision-making.
📋 What You’ll Get:
- Comprehensive modules covering managerial and financial accounting.
- Expert instructors guiding you with real-world applications.
- Certificate of completion to enhance your professional credentials.