Accounting Management for Decision Making

In this program, the intention is to give the participant a sound understanding of what are the best practices for accounting and management and how to use the provisions of accounting information in order to better inform themselves before they decide matters within their organisations, which supports their management and performance of control functions. 

• To introduce the broad subject areas of accounting and finance and identify how they relate to each other in the work of contemporary organizations
• To explain the mechanisms for costing and costing for decision making
• To examine different pricing models used by organizations and evaluate the impact of these pricing decisions
• To explore how budgets can be employed as a tool for strategic management and control of the organization, and the non-financial aspect of budgeting
• To consolidate the knowledge by looking at various business scenarios
• To understand the different financial ratios that are used to judge a company’s financial position
• To understand how financial policies impact the financial accounts.