Management Accounting gives you knowledge and tools for working with management accounting, preparing decision support and planning and following up the organisation's finances and calculations. The course prepares you for your professional role as an accounting economist by helping you understand and apply the differences between management accounting, group accounting and financial accounting. You also handle tasks involving cash budgets, income budgets, balance sheet budgets and forecasting.
The purpose of the course is to give the student knowledge of preparing management accounts, producing a basis for decision-making, following up and planning operations, and following up budgets and calculations. The goal of the course is for the student to understand the differences between management accounting, group accounting and financial accounting.
The purpose of the course is to give the student knowledge of preparing management accounts, producing a basis for decision-making, following up and planning operations, and following up budgets and calculations. The goal of the course is for the student to understand the differences between management accounting, group accounting and financial accounting.
Differences and application between the different forms of accounting.
Preparing decision support based on the organisation's financial data.
Cash budgets, income budgets and balance sheet budgets in practice.
Basic methods for financial forecasting.
The course is aimed at students in TUC's accounting economist programme who will work with internal financial management and budgeting.
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