Management Accounting Theory and Techniques

Name: Management Accounting Theory and Techniques
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This free online course provides an overview of the financial methods used to plan organisational strategy.

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Learning Outcomes

In this free course, you will learn how to:

Define ‘budgeting’ and the various elements of budgets
Discuss budgetary control and the use of budgets in performance management
Describe the purpose of budgeting and the advantages of using budgets
Explain the use of forecasts in the budgetary process
Compute fixed and variable costs using statistical methods
Discuss the use of linear programming in resource allocation and planning
Contrast the different risk criteria used in decision-making involving uncertainty
Describe the fundamental methods used to analyse risk for decision-making and planning

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