Management Planning & Control Course in an MBA program
Management accounting helps managers within a company make decisions. Also known as cost accounting, management accounting is the process of identifying, analyzing, interpreting and communicating information to managers to help achieve business goals.
Master Each Management Accounting Tool and Technique.
Understand what managerial accounting is about and how differs from financial accounting
Know what the different roles that managers perform.
Know the three different manufacturing costs
Know the difference between product costs and period costs.
Develop a cost volume profit income statement
Understand how costs change when sales changes
Calculate break-even and target profit levels
Develop a CVP analysis for a multi-product company
Understand operating leverage, how to calculate it and what it means to senior management
Prepare a Master Budget using excel spreadsheets to plan business operations.
Know how to use the Flexible Budget to control operations.
Some past student comments:
“Great Class, systematic, and very organized Thanks , it’s a great reviewing for my managerial accounting 15 years ago.” Tung KU
“Awesome 🙂 n very beneficial Thank u Dr :)”Rabia Taher
“Very Good course with the explanations, Illustrations and quizzes. It makes you well prepared to actually give the exam for a good grade” Muhammed Hassen
“Great course, I’m learning a lot about managerial accounting!” Mark Furman
This course covers all the major managerial accounting concepts that are a part of every Managerial ( Management) Accounting course in every Master of Business Administration university program.