Advanced Management Accounting

Advanced Management Accounting – CPA Course (RCM Online College)

A candidate who passes this paper should be able to:

• Make advanced capital budgeting decisions and make appropriate capital structure decisions for an organisation
• Evaluate portfolios and apply the capital asset pricing model and other multifactor Models in financial decision making
• Apply the relevant models and skills in prediction of corporate failure
• Apply derivatives in financial risk management and apply international finance
• Evaluate mergers and acquisitions
• Undertake corporate restructuring and re-organisation
• Apply valuation techniques in real estate

Master Financial Strategy & Cost Management with CPA Advanced Management Accounting

The Advanced Management Accounting course is a key module in the CPA (Certified Public Accountant) program, designed for finance professionals looking to develop strategic cost management, budgeting, and financial decision-making skills. Offered at RCM Online College, this course provides in-depth training on cost behavior, performance evaluation, variance analysis, and risk assessment to help learners excel in financial management roles.

Course Overview:

This course focuses on advanced financial strategies, equipping learners with practical skills to analyze and interpret financial data, optimize costs, and drive business performance. By the end of this course, students will be able to develop financial models, make informed decisions, and implement effective management accounting techniques.

Key Learning Areas:

1. Cost & Management Accounting Principles

• Understanding costing methods (job, process, activity-based costing)
• Cost behavior and cost-volume-profit (CVP) analysis
• Applying marginal and absorption costing techniques

2. Budgeting & Forecasting Techniques

• Developing operating and capital budgets
• Variance analysis for cost control and performance measurement
• Implementing rolling forecasts and flexible budgeting

3. Performance Measurement & Decision-Making

• Key Performance Indicators (KPIs) and balanced scorecards
• Cost-benefit and break-even analysis
• Financial and non-financial performance evaluation

4. Strategic Financial Planning & Risk Management

• Identifying business risks and mitigation strategies
• Long-term investment and financial decision-making
• Financial modeling for business growth and sustainability

5. Advanced Variance Analysis & Reporting

• Interpretation of price, efficiency, and volume variances
• Techniques for variance investigation and corrective actions
• Enhancing decision-making with variance insights

Why Choose RCM Online College?

 Expert CPA Tutors – Learn from seasoned finance professionals
 Flexible Learning – Access self-paced or live online classes
 Practical Application – Engage in real-world case studies
 Affordable Fees – High-quality education at competitive rates
 Certification – Earn a CPA-recognized qualification

Who Should Enroll?

 CPA students specializing in management accounting
 Accountants & finance professionals looking to enhance strategic financial skills
 Business managers & executives seeking cost optimization techniques
 Entrepreneurs aiming to improve financial decision-making

Enroll Today!

Upgrade your financial expertise with CPA Advanced Management Accounting at RCM Online College. Visit our website, email [email protected], or call +254719525000 to register now!