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Managing Costs and Finance (MA2)
The ACCA Managing Costs and Finance Course equips professionals with essential skills in cost management, budgeting, and financial decision-making, enabling effective control over financial resources and enhancing organisational performance.
Learning Options
- Live Interactive Sessions
- Dedicated 1-to-1 Tutor Support (30-min Weekly)
- Expert Trainers with Industry Experience
- Flexible Schedule
- Networking Opportunities
- High Pass Rates
- 24/7 Personalised Support
- Online Video-Based Learning
- Flexible Schedule
- Expert Trainers with Industry Experience
- High Pass Rates
- 24/7 Personalised Support
- Interactive Learning Materials
Overview
The ACCA Managing Costs and Finance Course is designed to equip individuals with essential skills in managing business finances and understanding the intricacies of cost management. In today’s competitive business environment, effective cost control and financial decision-making are crucial for organisational success. This course provides professionals with the necessary tools to enhance financial performance and ensure long-term sustainability.
Professionals such as Accountants, Financial Analysts, Business Managers, and individuals involved in budgeting or cost management will greatly benefit from this course. It is especially useful for those aspiring to develop a deeper understanding of financial management within any business setting. By completing this course, participants will gain valuable insights into cost structures, financial analysis, and management strategies.
ACCA Managing Costs and Finance Course by MPES is part of ACCA's Foundations Section and focuses on developing essential skills to manage and control financial costs effectively. This course empowers professionals to apply cost management principles to real-world business scenarios, ensuring better financial decision-making and performance analysis.
Course Objectives:
To understand the role of cost management in business operations.
To develop skills in cost planning and budgeting.
To apply cost analysis techniques to improve business performance.
To evaluate financial reports for better decision-making.
To understand various costing methods and their applications.
To assess financial risks and control costs effectively.
Upon completion of the course, participants will be able to make informed decisions regarding financial management and cost control. These skills will contribute to enhanced organisational efficiency, profitability, and strategic planning in real-world business contexts.
Average completion time
1 Month
with unlimited support
100% online
Start anytime
Study At Your Own Pace
Blended Learning
Study At Your Own PaceCourse Includes
- Expert-led Sessions
- Digital Delegate Pack
- 24/7 Tutor Support
- Downloadable Resources & Challenges
- Interactive Learning
- Exercise Files
- Scenario-Based Learning
Course Details
Develop your understanding of essential financial, business and management accounting techniques with ACCA Applied Knowledge. You'll learn basic business and management principles and the skills required of an accountant working in business.
Entry Requirements
Learning Outcomes
Target Audience
Finance Managers
Budget Analysts
Cost Accountants
Financial Controllers
Management Accountants
Business Analysts
The ACCA Managing Costs and Finance Course is ideal for individuals seeking to develop their understanding of financial management, budgeting, and cost control. It is suited to those looking to enhance their skills in managing costs, improving decision-making, and driving financial efficiency within organisations:
Course content
Management information
Management information requirements
Cost accounting systems
Cost classification
Information for comparison
Reporting management information
Cost recording
Accounting for materials
Accounting for labour
Accounting for other expenses
Costing techniques
Absorption costing
Marginal costing
Job and batch costing
Process costing
Service costing
Decision making
Cost-volume-profit analysis
Factors affecting short term decision making
Investment appraisal
Cash management
Nature of cash and cash flow
Cash management
Cash budgets
Investing and financing
MPES Support That Helps You Succeed
At MPES, we offer comprehensive support to help you succeed in your studies. With expert guidance and valuable resources, we help you stay on track throughout your course.
- MPES Learning offers dedicated support to help you succeed in Accounting and Finance courses.
- Get expert guidance from tutors available online to assist with your studies.
- Check your eligibility for exemptions with the relevant professional body before starting.
- Our supportive team is here to offer study advice and support throughout your course.
- Access a range of materials to help enhance your learning experience. These resources include practice exercises and additional reading to support your progress.
Career Growth Stories
MPES Learning offers globally recognised courses in accounting,
Arvy Pasanting
As a qualified accountant, studying with MPES has been very rewarding experience. Its team of passionate and dedicated mentors gave me the confidence and knowledge I needed to not just at excel in my current role as an auditor, but also inspired me to expand my horizons.
Arvy Pasanting
David Ford
I was recommended MPES after searching for a way to pursue a career in the accounting profession, I have studied with them throughout my journey utilising both their “in class” and online learning opportunities that fit around the needs of my employer.
David Ford
Aaron Allcote
As a finance officer, MPES has been a huge help in understanding the process of recording and processing transactions from all different perspectives. The courses are very easy to follow, and the training they provide can be applied to real-life scenarios. The courses have been a huge help for me, and I would highly recommend them.
Aaron Allcote
Bob Beaumont
I completed all of my ACA studies with MPES and I think you would struggle to find a better training provider anywhere in the British Isles. MPES' tutors are excellent both at delivering training and giving individualised feedback and coaching. the supporting materials and the out of class support are also great.
Bob Beaumont
George Evans
The Financial Risk Management Course at MPES was invaluable in deepening my understanding of risk assessment and mitigation strategies. The hands-on learning approach allowed me to apply new concepts directly to my work. I highly recommend it for professionals in finance.
George Evans
James Robinson
As a financial consultant, I am always seeking ways to enhance my expertise. The Investment Analysis Course at MPES exceeded my expectations, offering practical skills and knowledge that I can apply immediately in my consulting work. It's an outstanding choice for professionals in finance.
James Robinson
Laura Bennett
The Corporate Finance Course I attended at MPES was transformative. The depth of knowledge shared by the instructors and the relevance of the topics covered have directly impacted on our financial strategy. I strongly endorse this program for anyone in a leadership position in finance.
Laura Bennett
Emma Johnson
The Financial Modeling and Valuation Course at MPES was incredibly insightful. The practical applications and real-world examples helped solidify my understanding of complex concepts. I highly recommend this course to anyone looking to enhance their financial acumen.
Emma JohnsonHave Questions? We’ve Got You
If you have any questions, we’re here to help. Find the answers you need in the MPES detailed FAQ section.
Q. Who should take this course?
This
course is ideal for accountants, financial analysts, business managers, and
anyone involved in budgeting or financial decision-making.
Q. What types of assessments are included in this course?
Assessments
typically include assignments, case studies, or exams, depending on the
learning format. These evaluate your understanding of cost management and
financial strategies.
Q. What will I learn in this course?
You
will learn cost management techniques, budgeting, cost analysis, financial
reporting, and decision-making strategies.
Q. Is prior knowledge of accounting required?
Basic
knowledge of accounting is recommended, but the course is designed to cater to
beginners and professionals alike.
Q. How will this course benefit my career?
Completing
the course enhances your ability to manage finances effectively, improve cost control,
and support better business decisions.
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Resources
Access a wide range of free resources to support your learning journey. From blogs to news and podcasts, these valuable guides are available at no cost to help you succeed.
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