Brief Introduction
Let's learn about how you can use performance management to enhance efficiency within a company and make it grow furtherDescription
Aim:
To develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for planning, decision making, performance evaluation, and control.
Main capabilities:
On successful completion of this course, you should be able to:
A Explain and apply cost accounting techniques.
B Select and appropriately apply decision-making techniques to facilitate business decisions and promote efficient and effective use of scarce business resources, appreciating the risks and uncertainty inherent in business and controlling those risks.
C Identify and apply appropriate budgeting techniques and methods for planning and control and use standard costing systems to measure and control business performance and to identify remedial action.
D Identify and discuss performance management information and measurement systems and assess the performance of an organisation from both a financial and non- financial viewpoint, appreciating the problems of controlling divisionalised businesses and the importance of allowing for external aspects.
Requirements
- Requirements
- We recommend that you have some basic knowledge on financial management. We recommend that you take our ACCA: F2/FMA - Management Accounting course first.