Cost and Management Accounting Course
Monday, February 23, 2026
Category:Accounting & Finance
3
Days
Dubai
9:00am – 4:00pm
Introduction
What is Cost and Management Accounting Course? To be successful, business owners and managers must have a good understanding of the revenues and costs of their organisation. Furthermore, for better understanding, detailed visibility into profits and losses for every profit centre, cost centre and location within the business is critical.
Cost accounting enables management to accurately account for costs, both variable and fixed, so important for pricing purposes. With proper cost accounting, the organisation can evaluate all strategies within your business, break-even analysis, investment appraisals, level of production and the profitability of products. It also improves the budgeting process and decision-making abilities, as financial decisions are driven by accurate cost estimation.
This Solid State Training course in Cost and Management Accounting provides an excellent opportunity for participants to acquire the necessary skills required to plan, manage and monitor costs across the organisation. Participants will also learn about the budget process and preparation of variance analysis for comparison with the actuals.
Objectives
On successful completion of Cost and Management Accounting Course, participants shall be able to:
- Understand the fundamentals of Managerial Accounting and how it differs from Financial Accounting
- Use of management reports for planning and monitoring purposes
- Decide the level at which costs need to be captured
- Analyse variances between Actual v/s Budgeted / Previous years’ figures for corrective actions
- Optimise working capital and avoid unnecessary blockage of funds
- Evaluate capital expenditure
Training Methodology
This collaborative Cost and Management Accounting Course will comprise the following training methods: Lectures, Seminars & Presentations, Group Discussions, Assignments, Case Studies & Functional Exercises. Solid State Training follows the ‘Do-Review-Learn-Apply’ model.
Organizational Impact
By attending this Cost and Management Accounting training programme, the participants will benefit their organization in the following ways:
- Understand cost behaviour and make better decisions
- Be able to plan and monitor performance at the desired level
- Have a better understanding of Working Capital management
- Understand the flow of information in an ERP system
- Be able to evaluate return on capital expenditure and investment projects
Personal Impact
By the end of the Cost and Management Accounting Course, you will be able to:
- Comprehend the structure of the chart of accounts and the lowest level of reporting
- Differentiate between Financial Accounts and Management Accounts
- Use management accounts for segment reporting
- Prepare cash flow statement
- Understand the budget process and how to apply your costing knowledge
- Calculate a price, volume and mix variances
- Compute break-even point and conduct sensitivity analysis
Financial controllers, finance managers, financial systems analysts, senior accountants, financial accountants, Management accountants, General ledger accountants, assistant accountants, Accounts receivable accountants, accounts payable accountants, payroll accountants, Chief Financial Officers (CFOs), Finance directors and strategic planners.
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