Cost and Management Accounting: Planning for Effective Strategy Execution

Name: Cost and Management Accounting: Planning for Effective Strategy Execution
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Rating: 3.7 (117 reviews)

Learn how management accounting drives decision-making and provides a strategic advantage in this free online course.

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Learning Outcomes

In this free course, you will learn how to:

Discuss cost classification and the use of cost classifications in performance management
Compute profit based on marginal costing systems and absorption costing principles
Apply costing theories to reach strategic objectives
Assess the suitability of different costing systems
Define ‘management accounting’ and ‘cost accounting’
Explain the purpose of management accounting in terms of decision-making and strategic planning
Calculate the cost per unit based on different costing theories
Identify the objectives of management accounting, activity-based costing and cost accounting
Discuss the role of management accounting in terms of planning activities
Describe the objectives of cost accounting and the advantages of using different costing systems

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