Diploma in Management Accounting - Level 3
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.



Who is it for
  • 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.



Description

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.


Course Curriculum


1: Introduction - Management Accounting

2: Costs And Performance Evaluation

3: Absorption And Marginal Costing

4: Profit Reconciliation

5: Activity Based Costing

6: Break-Even Analysis

7: Budgeting Techniques

8: Budgetary Control

9: Standard Costing And Variance Analysis

10: Idle Time And Variance Causes

11: Cost Bookkeeping

12: Process Costing And Manufacturing Accounts

13: Batch And Job Costing

14: Mean, Mode And Median

15: Deviation, Distribution And Compounding

16: Investment Appraisal

17: Formulas


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.


Method of Assessment


In order to complete the Diploma in Management Accounting – Level 3 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 3 Diploma in Management Accounting by ABC Awards. It will make you valuable to employers, and your motivation at gaining new skills will be recognised.


Awarding Body (Accreditation)



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.


Requirements
  • 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.



Career Path
  • Accountant
  • Management Accountant
  • Accounts Assistant
  • Accounts Executive
  • Staff Accountant

Others jobs you can get

  • Accounting Assistant
  • Accounting Clerk
  • Accounts Payable Clerk
  • Bookkeeper



People also viewed