Managerial Accounting

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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:
Your local branch

or

CANADIAN INSTITUTE OF MANAGEMENT – HEAD OFFICE
Tel:  705-725-8926 
Fax: 705-725-8196
E-mail: office@cim.ca