Introduction to Management Accounting

BY
Association of Chartered Certified Accountants via Edx

Understand the fundamental concepts of management accounting and improve decision making skills by pursuing Introduction to Management Accounting course by edX.

Lavel

Beginner

Mode

Online

Duration

6 Weeks

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based
Learning efforts 5-8 Hours Per Week

Course overview

The Introduction to Management Accounting programme by edX is an introductory level programme which imparts knowledge to the candidate in the concepts like transactions, cost centres, investment centres, cost classification, profit centres, management accounting, measuring performance, cost accounting, coding systems, business organisations,  source documents, reporting profit, and coding.

Introduction to Management Accounting Certification also covers concepts like batch costing, spreadsheets, labour costs, accounting for materials, process costing, sales income, job costing, and employee remuneration. The candidates will acquire knowledge of key concepts of management accounting. Introduction to Management Accounting Certification also helps the candidate to learn about business transactions. The candidate will also learn about measuring performance in accounting. The participants will learn about the role, limitations and design of spreadsheets through this course.

The candidates shall receive a certificate from the ACCA institution on successful completion of the exam which is conducted by ACCA. Introduction to Management Accounting training boosts career opportunities by equipping the candidates with decision-making skills. There are 2 tracks of learning which can be opted for by the candidates, one is the audit track, and the other is the verified track, In the audit track, the candidates will be allowed to access the course free of cost only for a limited period. Again in the verified track, the course access will be unlimited.

The highlights

  • Self-paced course
  • Online programme
  • 6 weeks programme 
  • Certificate by ACCA
  • Needs just 5 to 8 hours of effort per week
  • Introductory level course
  • Course provided by ACCA institution

Program offerings

  • Video sessions
  • Graded assignments

Course and certificate fees

  • Audit track of the programme can be attempted at free of cost

The course fee details is mentioned below-

Course Name

Amount

Introduction to Management Accounting

Free of cost

Note: No information is provided in the website regarding fees.

certificate availability

No

Who it is for

The Introduction to Management Accounting programme offered by edX seeks the attention of the following learners

  • Final year students
  • Candidates who are preparing for ACCA’s exam
  • Participants who want to start their own business
  • All participants who want to start their career in accountancy, business, and finance can take up this course

Eligibility criteria

Certification Qualifying Details

Introduction to Management Accounting Certification is not provided by edX for this course. The candidate shall attempt the exam from ACCA institute and receive a certificate from ACCA. The candidate must pass the ACCA exam to receive a certificate.

What you will learn

Accounting proficiency

The candidates will gain expertise in the following concepts by pursuing the Introduction to Management Accounting programme which is offered by edX.

  • The candidate will learn to present information using the spreadsheets
  • They will also understand the design, role and limitations of using spreadsheets.
  • Concepts like batch costing, process costing and job costing are also briefly discussed in this programme
  • The candidate will learn accounting for labour and accounting for the overheads
  • The participant will gain knowledge in labour costs and employee remuneration through this course
  • The candidate will also learn about the coding systems
  • They will also understand the procedure for recording sales income and labours costs
  • The participant will learn to calculate and report the profit of service or a product
  • The learner will understand about behaviour and cost classification
  • The concepts like investment centres, profit centres and cost centres are also discussed in Introduction to Management Accounting Certification.

The syllabus

The nature and purpose of cost and management accounting

Source documents and coding

Cost classification and measuring

Recording costs

Spreadsheets

Admission details

The participants shall follow the steps to find admission for the Introduction to Management Accounting programme by edX.

Step 1: The candidate needs to visit the homepage of the course by clicking on the URL: https://www.edx.org/course/introduction-to-management-accounting-2

Step 2: The candidate ought to have an account in edX to register for Introduction to Management Accounting training.

Step 3: They can create an account using their email or Google or Facebook details.

Step 4: After creating an account, the candidate has to log in to the platform.

Step 5:  Then, the candidate must search for the Introduction to Management Accounting training.

Step 6: After that the candidate must click the “Enrol” button, to register for the programme.

Step 7: Then, the candidate will be able to pursue the audio track of the programme.

How it helps

The Introduction to Management Accounting programme by edX helps the candidate to understand the need and purpose of management accounting. Completing this programme will boost the career opportunities of the candidate. This programme also improves the decision making skills of the candidate. Introduction to Management Accounting training also helps the candidate to acquire the coding skills which are very important in the job market. Fees are not collected to join the audit track of the course. This helps the financially weak participants to move forward in their career.

Introduction to Management Accounting Certification prepares the candidate for the ACCA Foundation level examination. This course helps the participants to start their career in finance, business and accounting. It also helps the candidates from school and college to understand concepts in business and finance. Introduction to Management Accounting Certification also helps the participants to launch their own start-ups. No prior knowledge is required to start this programme. So, all candidates who are interested can simply start learning.

Introduction to Management Accounting training is offered by ACCA institution on successful completion of the exam which is held by ACCA. This certificate stands as a testimony for the candidate's skills in the management accounting domain. As the programme is self-paced, the candidate can learn at their own speed. It boosts the flexibility of the programme. Completing this course yields career growth and also provides better job opportunities to all candidates.

Instructors

Ms Isobel Wroath

Ms Isobel Wroath
Digital Community Manager
ACCA

Mr James Patrick

Mr James Patrick
Head of Professional Education
ACCA

Ms Krutika Adatia

Ms Krutika Adatia
Digital Learning Lead
ACCA

Ms Gillian Logue
Delivery Analyst
ACCA

FAQs

What is the total duration of Introduction to Management Accounting Certification?

The total duration of the Introduction to Management Accounting training is 6 weeks. The participants must spend at least 5 to 8 hours to gain better knowledge in the management accounting concepts.

Is there any deadline to submit the assignments?

Yes, deadlines are provided to submit the assignments. The candidates can also submit the assignments beyond the deadlines by shifting their due dates.

Can the candidate reattempt the graded assignments?

The graded assignments can be attempted only once. The candidates cannot reset their scores again. Other tests and quizzes can be attempted many times.

Will the candidate receive a certificate on course completion?

Certificate of completion will not be provided by edX. The candidate must register with ACCA and attempt the exam to gain a certificate from ACCA institution.

What are the benefits of Introduction to Management Accounting Certification?

Introduction to Management Accounting training helps the candidate to start their career in finance and accountancy. It also helps the candidate to launch their start-up. This course also helps the candidate to prepare for the Management information exam.

What is the fee of Introduction to Management Accounting Certification?

No information is given regarding the fee. The audit track of Introduction to Management Accounting training can be taken by any participant at free of cost.

Are financial assistance provided?

No information is provided regarding the financial assistance for this programme. The candidates can enrol the course at free of cost.

Is Introduction to Management Accounting Certification self-paced?

Yes, the programme is self-paced. The candidate can pursue the course and take the graded assignments at any time. This boosts the flexibility of the course.

Are there any prerequisites to join Introduction to Management Accounting training?

No information is provided either regarding the prerequisites or eligibility criteria. All candidates who are interested can join this course as it is an introductory level programme.

What will the candidate learn through Introduction to Management Accounting Certification?

The candidate will understand the basic concepts of management and cost accounting through Introduction to Management Accounting training. This programme helps the candidate to improve their decision making skills.

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