A Masterclass in Strategic Management Accounting

A Masterclass in Strategic Management Accounting, available at $44.99, has an average rating of 5, with 56 lectures, 12 quizzes, based on 1 reviews, and has 11 subscribers.

You will learn about Understand the strategic role of management accounting in achieving long-term business sustainability. Learn how to design an ABC system, identify cost drivers, and assign costs to products and services more accurately. Learn how to apply quality cost concepts, such as prevention costs, appraisal costs, and failure costs, to improve business processes and product quality. Learn how calculate transfer prices using various methods (e.g., market-based, cost-plus, negotiated pricing). Learn how to create a balanced scorecard that includes financial, customer, internal process, and learning and growth perspectives Learn methods to measure and manage business performance using various accounting tools. This course is ideal for individuals who are For accountants, business people and consultants who want to understand how management accounting systems work so that they can implement them and improve such systems in practice. It is particularly useful for For accountants, business people and consultants who want to understand how management accounting systems work so that they can implement them and improve such systems in practice.

Enroll now: A Masterclass in Strategic Management Accounting

Summary

Title: A Masterclass in Strategic Management Accounting

Price: $44.99

Average Rating: 5

Number of Lectures: 56

Number of Quizzes: 12

Number of Published Lectures: 55

Number of Published Quizzes: 12

Number of Curriculum Items: 68

Number of Published Curriculum Objects: 67

Original Price: $19.99

Quality Status: approved

Status: Live

What You Will Learn

Understand the strategic role of management accounting in achieving long-term business sustainability.

Learn how to design an ABC system, identify cost drivers, and assign costs to products and services more accurately.

Learn how to apply quality cost concepts, such as prevention costs, appraisal costs, and failure costs, to improve business processes and product quality.

Learn how calculate transfer prices using various methods (e.g., market-based, cost-plus, negotiated pricing).

Learn how to create a balanced scorecard that includes financial, customer, internal process, and learning and growth perspectives

Learn methods to measure and manage business performance using various accounting tools.

Who Should Attend

For accountants, business people and consultants who want to understand how management accounting systems work so that they can implement them and improve such systems in practice.

Target Audiences

For accountants, business people and consultants who want to understand how management accounting systems work so that they can implement them and improve such systems in practice.

This comprehensive online course is designed to give students a thorough understanding of management accounting principles and practices. Management accounting is crucial in helping organizations make informed financial decisions, improve efficiency, and achieve strategic goals. This course will cover a wide range of topics, from the basics of job and activity-based costing to advanced techniques in transfer pricing, the balanced scorecard, performance measurement, and strategic management.

Key Topics Include:

1. Management Accounting Fundamentals: Introduction to the role and importance of management accounting in business decision-making.

2. Activity-Based Costing (ABC): Designing and implementing an ABC system to accurately assign costs to products and services.

3. Strategic Management Accounting and Sustainability: Integrating management accounting practices with strategic planning and sustainability initiatives.

4. Accounting for Quality Management: Incorporating quality cost concepts to improve business processes and product quality.

5. Time-Driven Activity-Based Costing (TDABC): Competing on time, how to account for time constraints and bottlenecks in manufacturing and service operations. Including the Theory of Constraints.

6. Transfer Pricing: Exploring methods and regulatory aspects of transfer pricing within multinational corporations.

7. Balanced Scorecard Implementation: Developing and implementing a balanced scorecard to align business activities with organizational vision and strategy.

8. Performance Measurement and Management: Use of key performance indicators (KPIs) and balanced scorecards to evaluate and manage business performance.

Course Curriculum

Chapter 1: Job Costing

Lecture 1: Job Costing Part 1

Lecture 2: Job Costing Part 2

Chapter 2: Introduction to Cost Management

Lecture 1: Influence vs Facilitating

Lecture 2: Cost Management Matters to Strategy

Lecture 3: More examples of Cost Management

Chapter 3: Activity Based Management Model

Lecture 1: ST Pricing Exercise

Lecture 2: Intro

Lecture 3: LT Pricing & Target Costing

Lecture 4: Target Costing

Chapter 4: Customer Profitability

Lecture 1: Customer Profitability

Lecture 2: Customer Profitability Simple Example

Lecture 3: Customer Profitability Large Example

Chapter 5: Service Dept Cost Allocation

Lecture 1: SDCA Part 1

Lecture 2: SDCA Part 2

Lecture 3: SDCA Part 3

Lecture 4: SDCA Part 4

Lecture 5: SDCA Part 5

Lecture 6: SDCA Part 6

Chapter 6: Balanced Scorecard

Lecture 1: BSC Foundation Studio Part 1

Lecture 2: BSC Foundation Studio Part 2

Lecture 3: BSC Foundation Studio Part 3

Lecture 4: BSC Foundations Inclass Lecture Part 1

Lecture 5: BSC Foundations Inclass Lecture Part 2

Lecture 6: BSC Foundations Inclass Lecture Part 3

Lecture 7: BSC Foundations Inclass Lecture Part 4

Chapter 7: Strategic Analysis of Operating Income

Lecture 1: Strategic Analysis of Operating Income Inclass Part 1

Lecture 2: Strategic Analysis of Operating Income Inclass Part 2

Lecture 3: Strategic Analysis of Operating Income Studio Part 1

Lecture 4: Strategic Analysis of Operating Income Studio Part 2

Chapter 8: Cost of Quality

Lecture 1: Cost of Quality Report Inclass Part 1

Lecture 2: Cost of Quality Report Inclass Part 2

Lecture 3: Cost of Quality Report Inclass Part 3

Lecture 4: Cost of Quality Report Studio Part 2

Lecture 5: Cost of Quality Report Studio Part 3

Chapter 9: Competing on Time

Lecture 1: Competing on Time Inclass Part 1

Lecture 2: Competing on Time Inclass Part 2

Lecture 3: Competing on Time Inclass Part 3

Lecture 4: Competing on Time Inclass Part 4

Lecture 5: Competing on Time Studio Part 1

Lecture 6: Competing on Time Studio Part 2

Lecture 7: Competing on Time Studio Part 3

Chapter 10: Decent & Transfer Pricing

Lecture 1: Decent & Transfer Pricing Inclass Part 1 -3

Lecture 2: Decent & Transfer Pricing Inclass Part 4

Lecture 3: Decent & Transfer Pricing Inclass Part 5

Lecture 4: Decent & Transfer Pricing Studio Part 1

Lecture 5: Decent & Transfer Pricing Studio Part 2

Lecture 6: Decent & Transfer Pricing Studio Part 3

Lecture 7: Decent & Transfer Pricing Studio Part 4

Chapter 11: Incentives & Responsibility Centres

Lecture 1: Incentives & Responsibility Centres Part 1

Lecture 2: Incentives & Responsibility Centres Part 2

Lecture 3: Incentives & Responsibility Centres Part 3

Chapter 12: SMA Review

Lecture 1: SMA Review Part 1

Lecture 2: SMA Review Part 2

Lecture 3: SMA Review Part 3

Chapter 13: Environmental Management Accounting

Lecture 1: EMA – Part 2

Instructors

Dr. Neale OConnor FCPA (Aust)
Professor of Accounting

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Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!