Advanced Managerial Accounting

No prerequisites

This course is an intensive introduction to the preparation and interpretation of financial information for investors (external users) and managers (internal users) and to the use of financial instruments to support system and project creation. The course adopts a decision-maker perspective on accounting and finance with the goal of helping students develop a framework for understanding financial, managerial, and tax reports. Also, we will see how cost-volume-profit relationships and incremental analysis provide managers the information to support their decision-making. Issues such as accounting for responsibility centers and transfer pricing will also be introduced.

1. Introduction to Financial Accounting

2. Assets and Liabilities

3. Financial Statement Analysis

4. Review and Exercises

5. Midterm Exam

6. Management Accounting

7. Cost-Volume-Profit Analysis

8. Incremental Analysis

9. Responsibility Accounting and Transfer Pricing

On successful completion of the course, the candidate will be able to:

1. Identify the role and scope of financial and managerial accounting and the use of accounting information in the decision making process of managers.

2. Define operation and capital budgeting, and explain its role in planning, control and decision making.

3. Prepare an operating budget, identify its major components, and explain the interrelationships among its various components.

4. Explain methods of performance evaluation.

5. Use appropriate financial information to make operational decisions.

6. Demonstrate use of accounting data in the areas of product costing, cost behaviour, cost control, and operational and capital budgeting for management decisions.

The online delivery blends synchronous and asynchronous components. Students complete self-directed assignments hosted on the course platform. Weekly Forums support a required active, rubric-based student contributions that foster collaboration.

Exams may include essays, short answers, or MCQs. Formats include open/closed book. Time zones are considered. Assessments are formative and summative. Students have 2 weeks to review grades and must follow the appeal process in the Student Handbook.

Certificate issued on the Blockchain.

Please note that there are three semesters as intake periods as noted on the academic calendar.
Scholarship Awarded (Total Fee: €100)

Registration is done online.