The number qualified and trainee Management Accountants is sky rocketing worldwide: individuals and companies are realizing, more and more, the need to understand and be able to record, analyse and control cost based data and information. Management accounting comprises a set of skills that must be developed.

Reflecting the many developments in management accounting in recent years, including the increased use of technology and data analytics to inform decision making, the adoption of more flexible and dynamic budgeting processes and a greater emphasis on sustainability and social responsibility in financial reporting. Additionally, there has been a growing recognition of the importance of non-financial measures, such as customer satisfaction and employee engagement, in evaluating organizational performance.

Some of the topics that stand out in the field of management accounting include:

• Cost management and cost accounting

• Performance measurement and management

• Budgeting and forecasting

• Strategic management accounting

• International accounting and global business practices.

• Data analytics

• Business intelligence

These are just a few examples of the many topics that are currently being explored and developed in the field of management accounting In the era of affordable hardware and software and the ever increasing power of the internet, developing the skills needed to manage cost data and information can be achieved both in a cost effective way in a course such as this one.

This practical, highly interactive programme will provide you with the necessary skills and techniques to comprehend, develop, apply and evaluate corporate costs and cost management in your organisation.

• Data analytics and business intelligence

• Sustainability and social responsibility reporting

• Non-financial performance measures

• Enhance your cost recording, cost control and cost management processes

• Identify the most appropriate ways in which to calculate costs according to the nature of your business processes

• Plan for future investments and expansion

• Identify, analyse and predict cost behavior and using such analysis in cost volume profit settings

• Implement new strategies to improve your corporate performance measurement

• Financial Controllers/Analysts/Planners

• Accountants/Financial Assistants

• Finance Managers/Directors

• Cash Flow Managers

• Budget Accountants/Officers/Analysts

• Accounts Managers

• Budgeting and Planning Managers/ Controllers

• Credit Managers

• General Ledger Accountants

PLUS, any professional in accounting and finance who wish to upgrade their skills as well as prepare themselves to assume the responsibilities of a financial controller.

GAFM - Global Academy of Finance and Management

The GAFM was founded in 1996 by the original founders of the Graduate Leadership Society. The Founders of our Standards Board are CEOs, Executives, Professors, and industry experts from around the globe. We desire to raise education standards and ethics in the business and management industries. The Standards Policy Board awards specialized board certifications, designations, and charters in the fields of: finance, accounting, management, and consulting fields to qualified professionals who have completed internationally recognized or accredited exams & education, government recognized degrees and documented management credentials and experience. Since 1996, the Academy has been promoting accredited graduate standards for certification in business, management, law, and finance. Since the inception with the founding of the Graduate Institute of Leadership in 1996, the Academy has been focused on quality assurance with accredited education, exams, assessment, education, ethics, and continuing education. Further, applicants must also have the necessary experience in practice, research or publications in their respective areas of expertise.