Brief Introduction
Learn all you need to pass ICAEW's Management Information examDescription
Business leaders use data to aid in planning, control and decision making. They will want is the company's revenues, cost of sales, cost of operating the departments, and many other variables that affect the profitability and the viability of the organisation. This course prepares you to understand and prepare the required financial information for the management of a business.
This course also prepares the student for the Management Information examination from the ICAEW ACA/CFAB program.
What is covered in this course?
The fundamentals of costing
Calculating unit costs
Marginal costing and absorption costing
Pricing calculations
Budgeting
Working capital
Performance management
Standard costing and variance analysis
Breakeven analysis and limiting factor analysis
Investment appraisal techniques
Requirements
- Requirements
- Basic understanding of English and Mathematics