Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
For professional accountants that have not exercised those management accounting muscles in some time (maybe since university), this course will help participants apply management accounting concepts to generate new ideas for problem solving.
Common associations with management accounting include cost accounting, break even analysis and variance analysis. However, management accounting concepts include so much more such as organizational behavior and employee motivation. It is exciting to learn that the world of management accounting includes, for example, research on workplace altruism by renowned Wharton School Professor Adam Grant. And at the center of all these concepts in management accounting is their application to creative problem solving.
In gaining movement back in those management accounting muscles by taking this course, participants will be able to generate more ideas on how to solve problems such as:
- How to identify and classify costs for internal decision making.
- How to use cost behavior to help with budgeting and forecasting.
- How to more effectively communicate with non-financial managers (such as Sales, HR).
- How to create incentives to align organizational strategy and employee motivations.
- Participants will work through problems, case studies and collaborate with their peers to discuss how they can use management accounting information and tools to help solve challenges within their organizations.
Topics Include:
- Welcome and Introduction
- Decision Making and Costing
- Cost Volume Profit Analysis
- Relevant Costing
- Performance Measurement and Budgeting
- Communicating with Non-Financial Managers
- Trends in Management Accounting and Conclusion
NOTE: No updates or changes were made to the 2024 version of this course. If you completed the course in 2022 or 2023, please be advised the 2024 course material has not changed. If you have any questions, please contact pdevents@cpaontario.ca.
Schedule
- December 9, 2024, 1:00 p.m. - 5:00 p.m.
- December 10, 2024, 1:00 p.m. - 5:00 p.m.
Key Takeaways
By the end of this course, participants will be able to:
- Recall management accounting topics and terminology.
- Classify different organizational costs by cost behaviour and cost function.
- Arrange and evaluate cost volume profit (CVP) and relevant costing problems.
- Design approaches to relevant costing problems that align with the knowledge of key users.
- Identify different types of performance measurement and budgeting tools.
- Evaluate organizational strategy and key performance indicators (KPIs).
- Interpret management accounting decisions for non-financial managers.
- Identify key trends in management accounting.
Who Will Benefit
This course is targeted to professional accountants who are transitioning into a managerial accounting role (or responsibilities) and require a refresher of key concepts. The course has been designed to provide an overview of selected key topics in management accounting.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Michelle Causton, FCPA, FCGA MBA is a professional speaker, educator and trainer. Her goal is to help individuals achieve personal success by strengthening both technical and communication skills. Michelle uses a practical approach gained from many years of experience in public practice and teaching at the post-secondary level.