Management Accounting

The role of the management accountant is becoming ever more central to the success of an organisation. Delivering relevant and business focused information to support the operational activities of the organisation is vital so that it can meet its objectives. This unit encompasses the key areas of planning, control, decision making and liquidity management. Learning outcomes: Understand and implement the organisational planning process Use cost and management accounting techniques to aid control Use techniques to aid short-term and long-term decision making Understand and manage organisational liquidity