Accounting For Managers

Accounting for Managers

The course emphasizes the focus on accounting to meet the needs of managers. The material contained in the book stresses the interpretation (rather than the construction) of accounting information as well as a critical (rather than unthinking) acceptance of the underlying assumptions behind accounting. It is suitable for postgraduate and undergraduate students who are undertaking courses in accounting that do not lead to professional accreditation, and to practising non-financial managers who need a better understanding of the role of accounting in their organizations.

Certification Issued By:

Chartered Institute for Certified Public Accountants(CICPA - USA) The Chartered institute of certified public Accountants of USA (CICPA) is a statutory body established under the Chartered Accountants Act, 1962 (Act No. XXIVI of 1962) for the regulation of the profession of Chartered Accountants in USA. During its 55 years of existence, CICPA has achieved recognition as a private international accounting body not only in the country but also globally, for its contribution in the fields of education, professional development, maintenance of high accounting, auditing and ethical standards. CICPA now is the one of largest accounting body in the whole world.

Eligibility:

• MBA Finance holders

• B.Com Graduate and M.Com

• Minimum 10 years of education

• Any degree/certificate related to finance, accounting or auditing

Course Parts:

• PART I Context of Accounting

  • Introduction to Accounting

  • Accounting and its Relationship to Shareholder Value and Business Structure

  • Recording Financial Transactions and the Limitations of Accounting

  • Management Control, Management Accounting and its Rational-Economic Assumptions

  • Interpretive and Critical Perspectives on Accounting and Decision-Making

  • Constructing Financial Statements and the Framework of Accounting

• PART II Using Accounting Information for Decision-Making, Planning and Control

  • Interpreting Financial Statements and Alternative Theoretical Perspectives

  • Marketing Decisions

  • Operating Decisions

  • Human Resource Decisions

  • Accounting Decisions

  • Strategic Investment Decisions

  • Performance Evaluation of Business Units

  • Budgeting

  • Budgetary Control