IGI MANAGERIAL ACCOUNTING DIPLOMA COURSE IN G13 ISLAMABAD O3165643400 IN ISLAMABAD

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IGI Internatioanl Gateway Institute Managerial Accounting Diploma Course in G13 O3165643400:
Are you interested in identifying, measuring, analyzing, interpreting, and communicating information for the pursuit of an organization’s goals? Our Managerial Accounting course provides managers the tools needed to make the best decisions to achieve the goals of their organizations. Students will take a look at how relevant traditional and leadingedge topics integrate together with an outcome of understanding basic cost analysis, decision definitions, relevant information formatting, and how to make the decision itself. Our curriculum will encourage managers to not only use all quantitative tools and techniques available to them, but also logic, insight, judgment, and common sense. Business managers use managerial accounting to help make decisions about their future activities: they need more information and detailed than the data they provide in reports to their external stakeholders. They may need data tailored to meet the needs of a particular business unit, which is not applicable to the firm as a whole. While departmental managers have different needs, most management decisions deal with the same key issues: cost, price, and profit. Managerial Accounting focuses on: the development, interpretation, and application of accounting information for managerial decision making. The course stresses the use of financial information within organizations for the purposes of understanding and analyzing activities and operations.Students learn the linkages between accounting information and management planning through costanalysis (including activity based costing and the cost of quality), operational and capital budgeting,and performance measurement.Students develop the ability to collect, analyze, and communicate quantitative and non-quantitative information to assist management in making more effective planning and control decisions. Topics include the changing role of management accounting and basic concepts; product costing and cost accumulation; process costing and hybrid product costing systems; activity-based costing and activity-based management; activity analysis, cost behaviour and cost estimation; cost-volume profit analysis; absorption and variable costing; profit planning and activity-based budgets; standard costing and flexible budgeting; cost management tools; and decision making.
Course Content:
1. Define managerial accounting, cost concepts and the basics of cost/volume/profit relationships
2. Recognize the basics of attaching products to services, process costing and activity based costing
3. Recall how to budget efficiently and measure performance by analyzing standard costs
4. Identify joint allocation principles and effective decision making skills for accounting managers
5. Differentiate between various investment, transactions and performance measurements