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The course intends to build a solid foundation for the students to make managerial accounting- related decisions in an organisation. The core focus of the course is to introduce students with different management accounting techniques for supporting businesses in planning, controlling, and monitoring performance. The emphasis is on understanding different types of costs, preparations of cost statements, CVP assessments, and applications of relevant costing techniques, and budgetary tools to make informed business decisions.

About This Course

This is a fundamental management accounting course. The course introduces basic concepts of cost accounting, budgeting, performance management, and relevant costing to make decisions for an organisation. After completing this course, the learners will be able to compute cost schedules and prepare master budgets.


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