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CA Final Advanced Management Accouning Scanner

CA Final Advanced Management Accouning Scanner

Advanced Management Accounting course

This is an advanced course in strategic management accounting. The course examines the integrative and interdisciplinary role of management accounting and its contribution in the strategic management process. The course focuses on cases that deal with management’s need for information for planning, control and decision making using both quantitative and qualitative information.

CA Final Advanced Management Accounting Scanner

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CA Final Advanced Management Accouning Scanner

Objectives:

On successful completion of the course, students will be able to:

  • Apply management accounting concepts in a case-based, collaborative setting, communicating the results effectively both orally and in writing.
  • Locate the role of management control systems (MCS) in both strategy and operations.
  • Describe results control and its applications.
  • Distinguish indirect controls from the direct controls, based on action and personnel/culture.
  • Determine whether an entity or an area is better suited to tight or loose controls, and the types of action and/or personnel/cultural controls that ensure the desired level of tightness.
  • Design and evaluate management controls in terms of methods applied and tightness, and the indirect costs of a poor MCS design and/or implementation.
  • Select the best type of financial responsibility-centre, based on desired levels of control, and identify behavioural impacts of different transfer pricing schemes.
  • Prepare and interpret budgets, and identify their limitations.

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