Cost and Management Accounting: Planning for Effective Strategy Execution

This cost and management accounting course provides a technical and theoretical understanding of management accounting operations, performance management, cost classifications, cost behaviour and organisational cost structures. We guide you through cost and management accounting techniques such as variance analysis, break-even analysis, activity-based costing and costing systems design.

We explore the strategic significance of cost structures and examine the interaction between costs and demand analysis in planning and decision-making. This accounting course also explains the interaction between organisational strategy, market demand and cost structures.

The course covers the cost and management accounting theories that facilitate the translation of an organisation’s vision and mission into short-, medium- and long-term success. We explore the dynamics of break-even analysis, standard costing and variance analysis, process costing and the classification of costs to help you understand performance management and apply it to your business. Sign up to learn how cost and management accounting is used in strategic planning and add these skills to your toolbox to gain a competitive market advantage.