Accounting for Managers: 05. Accounting Continuity & Business Growth (D_S6M5)

Our Accounting for Managers: 05. Accounting Continuity & Business Growth is designed to provide the essentials of financial and management accounting from a business manager's viewpoint. This course emphasizes the critical evaluation of information within financial statements and the application of pivotal cost and management accounting techniques to everyday business decisions. Embracing a managerial and analytical approach to financial aspects of business management, we explore topics like Cost-Volume-Profit Analysis, Uncertainties & Quality of Input Data, Break-Even Chart, Inventory Management, Reorder Point, Lead Time & Safety Stock, Budgeting & Capital Investment, Intangibles, Goodwill & Human Capital, Audits, and Limitations of Accounting. Concluding this course, you will have expanded your knowledge and skills in accounting fundamentals, opening doors to career advancement and unlocking various exciting career options in this vibrant field.

Accounting for Managers: 05. Accounting Continuity & Business Growth is the final instalment of the 5-part extended "Accounting for Managers" series presented by Sentinel|9. Featuring lecture-style videos, real-world case studies, downloadable materials, and self-knowledge quizzes, this course offers superb skills to manage your company effectively and foster your professional growth. Enrich your expertise by enrolling in this course along with others in the series.

Upon the completion of this module, users will be able to:
• Develop Strategic Financial Analysis Capabilities: Advance your skills in critically analyzing financial statements, ensuring you can evaluate and inform strategic financial and business planning.
• Master Advanced Accounting Techniques: Acquire and apply advanced cost and management accounting techniques, including Cost-Volume-Profit Analysis and Inventory Management, to optimize day-to-day and strategic business decisions.
• Implement Efficient Inventory Management Strategies: Develop and implement proficient inventory management strategies, understanding and applying concepts like Reorder Point, Lead Time, and Safety Stock to optimize operational efficiency and resource utilization.
• Navigate Through Financial Uncertainties: Enhance your ability to manage financial uncertainties and the quality of input data, ensuring resilient financial planning and risk mitigation in varying business environments.
• Expertly Manage Intangibles and Human Capital Accounting: Gain expertise in managing and accounting for intangibles, goodwill, and human capital, ensuring alignment with financial strategies and compliance with relevant accounting standards and practices.
• Adopt Comprehensive Budgeting and Capital Investment Strategies: Execute informed budgeting and capital investment strategies by applying learned concepts and analyses, ensuring organizational growth, and sustainability.

TIME: Up to 2 Hours

• No prerequisites.
• No materials distributed.
• No formal assessments required.
  • S6. Lecture 5 - Management and Cost Account 2 / Limitations of Accounting
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever