Course curriculum
Managerial Accounting / Management Control (Part 1) introduces the core tools managers use to plan, measure, and steer business performance. You'll learn how to analyze costs, build budgets, interpret variances, and use accounting information to make confident, data-driven decisions. Designed for students and professionals who want to bridge the gap between raw financial data and real management action.
Unit 01
3 itemsWhat is managerial accounting?
- Definition1 min read Unlocks with purchase
- Cost Classification: One Cost, Many Labels1 min read Unlocks with purchase
- Exercises1 min read Unlocks with purchase
Unit 02
5 itemsManagement control concepts
- Management control vs financial accounting1 min read Unlocks with purchase
- The cost vocabulary — classifying any cost1 min read Unlocks with purchase
- Contribution margin and the break-even point1 min read Unlocks with purchase
- Target profit and the margin of safety1 min read Unlocks with purchase
- Pricing — cost-plus and contribution-margin methods1 min read Unlocks with purchase
Unit 03
6 itemsTraditional costing and ABC costing
- Traditional costing1 min read Unlocks with purchase
- Exercise: Traditional costing8 min read Unlocks with purchase
- Activity Based Costing1 min read Unlocks with purchase
- Exercise: ABC Costing10 min read Unlocks with purchase
- Traditional costing vs ABC costing12 min read Unlocks with purchase
- Exercises12 min read Unlocks with purchase
Unit 04
4 itemsResponsibility Centers
- Dividing the company — centralisation, decentralisation, responsibility centres1 min read Unlocks with purchase
- The four centre types — cost, revenue, profit, investment1 min read Unlocks with purchase
- Measuring an investment centre — ROI and residual income1 min read Unlocks with purchase
- Controllability and the goal-congruence trap1 min read Unlocks with purchase
Unit 05
15 itemsTransfer pricing
- What is transfer pricing?1 min read Unlocks with purchase
- Cost-based transfer pricing1 min read Unlocks with purchase
- Exercises — cost-based transfer pricing1 min read Unlocks with purchase
- Market-based and negotiated transfer pricing1 min read Unlocks with purchase
- The sensible range — floor, ceiling, and full capacity1 min read Unlocks with purchase
- Quantity and yield — when the divisions count different units1 min read Unlocks with purchase
- Exercises — market-based and negotiated transfer pricing1 min read Unlocks with purchase
- Manager incentives — bonuses, method preference, and the whole-company view1 min read Unlocks with purchase
- Integrative exercise — centre type, price range, goal congruence1 min read Unlocks with purchase
- Transfer pricing across borders — why tax changes the game1 min read Unlocks with purchase
- Worked example — three methods, three countries1 min read Unlocks with purchase
- Staged exercise — two countries, two methods1 min read Unlocks with purchase
- Transfer price with currency exchange1 min read Unlocks with purchase
- Import duty — three new rows in the buyer's column1 min read Unlocks with purchase
- Choosing the price — minimising taxes and duties inside the allowed range1 min read Unlocks with purchase
Unit 06
13 itemsPlanning and budgeting
- Why we budget, and the shape of the process1 min read Unlocks with purchase
- The revenue budget and the production budget1 min read Unlocks with purchase
- Exercises — revenue and production budgets1 min read Unlocks with purchase
- The direct materials budgets — purchases and usage1 min read Unlocks with purchase
- Exercises — materials purchases and usage1 min read Unlocks with purchase
- The labour, overhead, and selling & administrative budgets1 min read Unlocks with purchase
- Exercises — labour, overhead, and S&A budgets1 min read Unlocks with purchase
- The budgeted income statement — COGM, FIFO inventories, COGS1 min read Unlocks with purchase
- Exercise — the budgeted income statement1 min read Unlocks with purchase
- The whole process — one solved example1 min read Unlocks with purchase
- Exercises — the whole process, from a blank page1 min read Unlocks with purchase
- The human side of budgeting1 min read Unlocks with purchase
- The cash budget1 min read Unlocks with purchase
Unit 07
1 itemReview
- Exam 11 min read Unlocks with purchase