Advanced Managerial Accounting

Open to all candidates

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.

The EBU ensures administrative and Tech support in an inclusive, accessible learning environment for all students, including those with disabilities or special needs. This policy applies to all students, staff, and learning spaces, full-or part-time.

To join the course, please follow these steps:

STEP 1: COMPLETE YOUR ONLINE PROFILE
Complete your online profile on the online campus. During this process, you will confirm your essential profile information to accept the offer.
Access the EBU scholarship online campus here https://connect.ebulux.lu/
Click the ‘Join EBU/Log In’ button on the homepage. You will need to create a new account.
During the Account creation process, you will be requested to indicate how you heard about the program and to select the partner organization on a drop-down list. If you found EBU by yourself, please simply write 'EBU' in these fields.
Please note as you create a new account, make sure to use a password you can easily remember.
After you create the account, open the link sent to your email for confirmation and then click continue.

STEP 2: COMPLETE THE COMMITMENT FEE PAYMENT
To enroll in the Autumn Term courses, go to the Certificate Enrolment page: https://connect.ebulux.lu/mod/page/view.php?id=48775
Select the course you would like to enroll in and click ‘Enroll Now’.
Select Payment Type and click proceed.
Enter card details to complete the commitment fee payment. Once you complete your application and commitment fee payment, you will be enrolled in your selected course and ready to commence.