Managerial accounting is concerned with the interpretation, analysis, and use of accounting data. The course is divided into three sections: accounting theory, cost control and profit planning, and financial analysis. These will include the following experiences:
- Preparation of relatively simple financial statements
- Reading and understanding financial statements
- Inventory valuation methods and their effects on profits
- Fixed assets and depreciation methods
- Management tools provided by accounting information systems
- Standard cost accounting, budgetary control, cost/volume/profit relationships
- Techniques of comparative systems analysis
- Methods of identifying financial strengths and weaknesses
- Basic factors affecting income trends.
The successful student will be able to interpret and use accounting data to assist in fulfilling his/her management responsibilities.
For further information and to register, please contact:
CANADIAN INSTITUTE OF MANAGEMENT – HEAD OFFICE