Accounting Management for Decision Making

Course Code: FNBN 112

568 Course Visits

Course Sector:

Finance, Accounting and Banking

Request in house training Call Me Back

Course Dates and Locations

Choose a date and location to book your seat

No.

Date

Days

Location

Fees

Enrollment

08 - 12 Sep 2025

5 Days

Dubai, UAE

$4,250

24 - 28 Nov 2025

5 Days

Abu Dhabi, UAE

$4,250

Introduction

Training course introducion / brief

In this program, the intention is to give the participant a sound understanding of what are the best practices for accounting and management and how to use the provisions of accounting information in order to better inform themselves before they decide matters within their organisations, which supports their management and performance of control functions.

To introduce the broad subject areas of accounting and finance and identify how they relate to each other in the working of contemporary organization
To explain the mechanisms for costing and costing for decision making
To examine different pricing models used by organizations and evaluate the impact of these pricing decisions
To explore how budgets can be employed as a tool for strategic management and control of the organization and the non-financial aspect of budgeting
To consolidate the knowledge by looking at various business scenarios
To understand the different financial ratios that are used to judge a company’s financial position
To understand how financial policies, impact the financial accounts.

Executives who have strategic financial oversight of their unit or organization
Finance-related roles
Accounting-related roles
Marketing Managers
Financial managers
Affiliate marketing leaders
Career Enhancers
Digital Innovators
Business owner / Entrepreneur
General / Senior Accountant
Business Project Manager
Bank Branch Manager
Structured Finance Senior Relationship Manager
Finance Transformation Manager
Risk Manager
Investment Analyst

Introduction to Management Accounting

Difference between Financial Accounting and Management Accounting
Composition of Cost
Managing Strategy for Value
Shareholder Value Analysis
Ways of linking strategy and value
Exploring the business value system
Strategic Accounting
The management control cycle and the role of information
Sources of accounting data
Understanding, analyzing and interpreting financial information
Ratio analysis
Banking ratios
Managing and controlling risk

Ethics in Finance

Reward mechanisms
Authority
Bureaucracy
Work roles
Organizational field
Organizational culture
National culture and context

Cost classification and Behaviour

Cost behavior
Variable cost, Fixed cost, Stepped fixed cost
Cost estimation
Cost classification
By function

Strategic Management Accounting

Introduction to Strategic management accounting
Value and cost drivers
Business performance issues
Competitive advantage
Life cycle effects
Balanced Scorecard
Contribution Analysis
Decision Making
Activity-Based Costing

Inventory Pricing and Control

Inventory Control
Re-order level
Re-order quantity
Minimum Stock Level/Buffer Stock
Maximum Stock level
Economic Order Quantity
Material Stock Valuation
FIFO, LIFO and AVCO
Remuneration of Labour
Methods of remuneration
Time-based systems
Incentive Schemes
Premium Bonus Systems

Accounting for Overheads

Marginal and Absorption costing
Absorption costing process
Accounting for overheads
Absorption of overheads into production
Under and over absorption of overheads
Reconciliations

Costing Methods

Job and batch costing
Service industry costing and composite cost units
Joint products and by-products
Alternative costing principles
Marginal Costing
Contribution towards fixed costs and profit
Advantages and disadvantages of marginal costing
Calculating a profit or a loss under absorption costing

Variance Analysis

Sales Variances
Material Cost Variances
Direct Labour Variances
Variable overheads variances
Fixed overheads variances
Reconciliation of budgeted profit with actual profit

Setting Budgets

Planning and Control cycle
Responsibility accounting and its significance in control
Preparation of budgets
Preparing functional budgets
Capital v Revenue Expenditure
Cash budgets
Performance Management
Performance measures
Responsibility centres
Appraisal of Investment centres

Social Accounting

Limitations of financial statements
Recognition of other factors, not necessarily financial ones, to be taken into account

Boost certificate of completion

BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.

ENDORSED EDUCATION PROVIDER

Flexible deadlines

Customized dates accordance to your schedule

Shareable Certificate

Earn certificate upon completion

COURSE METHODOLOGY

Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).

At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.

Download Company profile

Download Calendar

Trending Courses

The most bespoke and flexible training courses

Open courses table

Jun

- 05 -
Days

The Risk Management Professional (PMI-RMP Exam Preparation)

Istanbul, Turkey

TRAINING COURSE: Accounting Management for Decision Making