A Masterclass in Strategic Management Accounting

Covering Job and Activity Based Costing, Accounting for Quality and time, The Balanced Scorecard, Transfer Pricing

Created by: Dr. Neale O'Connor FCPA (Aust)
Professor of Accounting

What Will I 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.

Requirements

• No expertise in accounting needed. You will learn all you need to know.

Target audience

• 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.