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AAT Level 4 – Management Accounting: Budgeting – Module 1/9

£335.00£560.00

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Description

Management Accounting: Budgeting

This unit is about the use of budgeting for planning, coordinating and authorising the activities of an organisation and for controlling costs. The unit provides skills and knowledge to improve the performance of an organisation by setting targets, constructing achievable plans and monitoring results. Students will develop a range of skills within the context of planning and control. These include management accounting, statistical analysis, written communication and variance analysis. The application of standard costing and its links to budgeting is also included, although the topic is covered in detail in the Management Accounting: Decision and Control unit.

Students will also develop their business awareness as part of this unit. In particular, they will gain an elementary understanding of production planning (efficiency, adjusting for changing inventory levels, material control, staff planning, plant scheduling) and aspects of marketing (competition, promotion, product life cycle and so on).

Learning Outcomes:

  1. Prepare forecasts of income and expenditure
  2. Prepare budgets
  3. Demonstrate how budgeting can improve organisational performance
  4. Report budgetary information to management in a clear and appropriate format

Additional information

Type of Course

classroom, webinair, online

About

The AAT Accounting qualification provides the perfect pathway to a successful career in finance and accountancy. We are one of the UK’s leading AAT providers and offer students a unique mix of practical expertise with vital theoretical teaching. Whether you’re a school-leaver, re-training or returning to work, our courses offer the ideal route into accountancy.

Unimix House, 5th Floor, Abbey Road, Park Royal, London NW10 7TR

+44 (0) 203 865 7964

info@seperacollege.com

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