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Courses/Accounting & Tax/Accounting

Accounting for Managers

A Complete Guide to Financial Mastery and Strategic Decision-Making

Created bySentinel |9
4.6
(107 reviews)
BeginnerUpdated Aug 15, 2024
Accounting for Managers

What You'll Learn

check_circleDevelop a comprehensive understanding of the accounting process and fundamental accounting principles that underlie the creation of financial statements (e.g., accrual accounting vs cash accounting; definition, recognition, measurement, and disclosure of assets, liabilities, revenues, and expenses; inventory models, provisions, depreciation; accounting for intangibles)
check_circleConduct research and interpret the concepts and role of working capital, sources of working capital, ratios, and their uses. Understand and utilise the concepts of job costing, process costing, activity-based costing, JIT inventory systems, EOQ models, and the application of standard costing
check_circleEmploy techniques from cost and management accounting when deciding on alternative courses of action using CVP analysis, capital budgeting techniques, and inventory management models
check_circleAnalyse and critically evaluate a business's financial performance and position using information found in financial statements: balance sheet, income statement, and cash flow statement
check_circleCritically analyse, evaluate, and interpret the working capital position and management of a business
check_circleCalculate and interpret various liquidity ratios, solvency ratios, and operating efficiency ratios. Use standard costing to determine variances and interpret them. Calculate and interpret EVA

About This Course

The Accounting for Managers course introduces users to the fundamentals of financial and management accounting from the perspective of a business manager. The focus is on the critical evaluation of accounting information in financial statements and the application of key cost and management accounting techniques in daily business decisions. The course adopts a managerial and analytical approach to the financial aspects of business management.

After studying these modules, users will learn the methods used in financial reporting and interpretation and apply these principles to business practices. They will gain a deeper understanding and ability to interpret a company’s cash flows, profits, various asset classes, liquidity positions, and operating efficiency.

The management accounting modules will provide students with insights into the essential cost elements and managerial accounting techniques used in cost control, cost management, and planning.

The course features lecture-style videos, real-world case studies, downloadable materials, and self-knowledge quizzes.

Your Instructor

Sentinel |9
Sentinel |9

Executive Level Education

menu_book15 courses
star839 reviews

Sentinel|9 provides premier executive-level business courses designed for today's leaders. With a curriculum forged in real-world applicability, our courses emphasize strategic thinking, innovation, and leadership skills. Each program is tailored to equip executives with the tools needed to drive success and adapt to dynamic markets. Our expert faculty comprises seasoned industry leaders and academics, ensuring a blend of practical insights and academic rigor. Sentinel|9 is committed to fostering a network of global professionals, enhancing their capabilities to lead transformative changes and achieve substantial business outcomes. Join us to redefine the boundaries of executive education.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

What Students Are Saying

4.6
Student's Choice
107 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.