Certificate in Managerial Accounting

BY
Vskills

Understand the concept of management accounting and other topics like ratio analysis and cash flow with the help of this online certification course

Mode

Online

Fees

₹ 3499

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based

Course overview

The Certificate in Managerial Accounting course is specifically designed for professionals and graduates who aim to excel in their respective fields. It is also beneficial for individuals who are already employed in an organization and are looking to advance in their careers by obtaining a certification. The course is 10 hours long and provides lifelong learning access along with study material.

Certificate in Managerial Accounting by Vskills provides candidates with in-depth training on various managerial accounting concepts such as variance analysis, process costing, and more. By earning this certification, participants will effectively distinguish themselves in today's competitive job market. Additionally, the certification allows them to showcase their advanced skills, which can significantly broaden their employment opportunities and potentially lead to higher earning potential.

Certificate in Managerial Accounting training covers a wide range of topics, including Ratio Analysis, Accounting Standards, Depreciation and Inventory, GAAP, IFRS, Cash Flow Management, Product and Process Costing, and Cost-Volume-Profit Analysis. By mastering these essential areas, candidates can enhance their proficiency in managerial accounting and gain a valuable advantage in their professional careers. 

The highlights

  • Lifelong E-learning Access
  • Certificate on Completion
  • Study Material
  • Fully Online
  • 10 Hours of Learning

Program offerings

  • Practice test
  • Government certification
  • Vskills certified
  • Lifetime validity of certification

Course and certificate fees

Fees information
₹ 3,499

Candidates can pay the Certificate in Managerial Accounting fees through various popular payment methods. It includes UPI, EMI, Cards, Net Banking, Wallet, and the like.

Certificate in Managerial Accounting Fee

Name of the Course 

Fees

Certificate in Managerial Accounting

Rs. 3,499

certificate availability

Yes

certificate providing authority

Vskills

Who it is for

Certificate in Managerial Accounting classes target individuals who are in the following professions:

Eligibility criteria

Certification Qualifying Details of Certificate in Managerial Accounting

In order to get a certificate, candidates must have to pass an online exam. The exam will be of 60 minutes duration and will contain 50 questions. To pass the exam, a minimum of 50% of the marks are required. There will be no negative marking in this test.

What you will learn

You will have a deeper understanding of various managerial accounting techniques and concepts, such as variance analysis, cost-volume-profit analysis, budgeting, and forecasting. The certificate programme will equip you with the ability to make more informed financial decisions based on the analysis of financial data and performance metrics. The candidate will also learn strategies for budgeting and cost accounting after the completion of the Certificate in Managerial Accounting syllabus.

The syllabus

Fundamentals of Managerial Accounting

  • Managerial Accounting Basics
  • Cost Concepts
  • Managerial Accounting New Concepts

Financial Statements

  • Financial Statements
  • Importance of Financial Statements
  • The Income Statement
  • The Balance Sheet
  • Statement of Cash Flows
  • Manufacturing Costs in Financial Statements
  • Financial Statement Analysis Basics
  • Comparative Statement
  • Common Size Statement
  • Trend Analysis

Ratio Analysis

  • Ratio Analysis Basics
  • Limitations of Ratio Analysis
  • Classification of Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Turnover or Activity Ratios
  • Profitability Ratios
  • Valuation Ratios
  • Comparative Analysis
  • DuPont System

Accounting Standards, GAAP, IFRS

  • Accounting Standards Basics
  • Global Standardization and IFRS
  • Enterprise Classification
  • Why Accounting Standards are Needed?
  • Accounting Standard Board
  • Objectives of Financial Reporting
  • Characteristics and Limitations of a Financial Report
  • IFRS
  • GAAP
  • US-GAAP

Depreciation and Inventory

  • Depreciation Basics
  • Depreciation Accounting
  • Depreciation Methods
  • Inventory Management

Cash Flow

  • Type of Cash Flow
  • Actual Flow of Cash:
  • Notional Cash Flow
  • The notional outflow of cash
  • Source of Cash Inflow
  • Net Profit Method
  • Outflow of Cash
  • Changes in Current Accounts
  • Change in Current Liabilities

Cost Accounting

  • Concepts of Cost
  • Costing, Cost Accounting, and Cost Accountancy
  • Objectives of Cost Accounting
  • Importance of Cost Accounting
  • Scope of Cost Accounting
  • Classification of Costs
  • Cost Centre and Cost Unit
  • Methods of Costing
  • Techniques of Costing
  • Difference between Financial Accounting and Cost Accounting
  • Difference between Financial Accounting and Management Accounting

Product and Process Costing

  • Process Costing Basics
  • Product Costing
  • Tracking Product Costs

Activity Based Costing

  • Introduction
  • Meaning of Activity-Based Costing
  • Basics of Activity-Based Costing
  • Distinction Between Traditional Absorption Costing and Activity Based Costing
  • Objectives of Activity-Based Costing
  • Terminology of Activity-Based Costing
  • Stages in Developing Activity-Based Costing System
  • Different Types of Activities

Cost Volume Profit Analysis

  • Cost–volume–profit (CVP) Basics
  • Uses of Cost-Volume-Profit Analysis
  • Cost-Volume-Profit (CVP) Analysis Assumptions
  • Components of CVP Analysis
  • Calculate a Cost-Volume-Profit Analysis
  • Contribution Margin
  • CVP Analysis and Decision Making

Budgeting

  • Budgeting Basics
  • Essentials of Budget
  • Budget Types
  • Budgeting Process
  • Budgetary Control
  • Functional Budgets
  • Master Budget
  • Fixed Budgets
  • Flexible Budgets
  • Zero-Base Budgeting
  • Performance Budgeting
  • Budget Variance

Standard Costing and Variance Analysis

  • Standard Costing
  • Variance Analysis Basics
  • Material Variance
  • Labor Variance
  • Fixed Overhead Variance
  • Budget Variance Analysis

Admission details

In order to enrol in the Certificate in Managerial Accounting online course, candidates need to follow these steps:

Step 1: Access the course directly via: https://www.vskills.in/certification/accounting-banking-and-finance/managerial-accounting-certification-course. 

Step 2: Locate and then click on the “Buy Now” button. 

Step 3: Apply coupon if you have one, otherwise click on the “Checkout” button to confirm the total fees.

Step 4: Log in to your existing account or create a new one if you do not already have any.

Step 5: Select the payment method.

Step 6: Confirm your order and pay the certification fees.

How it helps

Upon successful completion, you will be tagged as 'Vskills Certified' on prominent job portals like Monsterindia.com and Shine.com, which will showcase your expertise and enhance your employability. A Certificate in Managerial Accounting benefits candidates by providing a government certification that is valid for life. The programme also offers lifelong e-learning access.

FAQs

Who is the Certificate in Managerial Accounting online programme suitable for?

The certificate programme is suitable for individuals working in finance, accounting, or management roles, as well as aspiring professionals looking to enhance their knowledge and skills in managerial accounting.

How long does it take to complete the Certificate in Managerial Accounting online programme?

It will take 10 hours to complete the programme.

Will I have lifelong access to the e-learning materials?

Yes, upon enrolling in the programme, you will have lifelong access to the e-learning materials.

How will the certification be displayed on job portals like Monsterindia.com and Shine.com?

Upon successful completion of the programme, you will be tagged as 'Vskills Certified' on job portals like Monsterindia.com and Shine.com. This designation showcases your expertise and increases your visibility to potential employers.

Is there an exam or assessment to earn the certification?

Yes, to earn the merit certificate, participants will need to pass an exam. However, a participation certificate will be provided to all.

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