Workshop
Managerial Accounting
In this introduction, you will move from simply recording costs to mastering how financial information drives effective management decisions, gaining practical and strategic skills to analyze costs, plan and control budgets, evaluate performance, and make operational and strategic decisions that improve business results.
Why Bakkah?
By the end of the course, you will be able to:
- Understand the role of managerial accounting in internal decision-making.
- Classify, measure, and analyze costs for planning and control.
- Apply CVP and budgeting tools to improve profitability.
- Interpret and act on variance and performance reports.
- Support management with data-driven financial insights.
- Aspiring and current managers or supervisors seeking to improve their financial insight.
- Business professionals aiming to understand cost structures, budgeting, and performance evaluation.
- Entrepreneurs and small business owners who need to make informed operational and pricing decisions.
- Students or professionals preparing for certification exams such as CMA or CFA Level 1.
- Analyzing cost behavior to understand how expenses respond to changes in business activity.
- Preparing and managing budgets for planning and performance control.
- Applying variance analysis to evaluate efficiency and identify improvement opportunities.
- Using managerial data to support pricing, production, and investment decisions.
- Interpreting performance metrics such as ROI, residual income, and the Balanced Scorecard.
- Translating financial insights into strategic actions that enhance profitability and organizational effectiveness.
- Pre reading file
- Reading Learning Materials.
- Pre and Post Course Questions.
- Modules Exercises.
- The material language will be English.
- Module 1: Introduction to Managerial Accounting
- Module 2: Cost Classification & Behavior
- Module 3: Cost Accounting Systems & Job Costing
- Module 4: Cost–Volume–Profit (CVP) Analysis
- Module 5: Budgeting & Variance Analysis
- Module 6: Decision Making & Performance Measurement