Managing Costs and Finance (MA2)

The ACCA Managing Costs and Finance Course equips professionals with essential skills in cost management, budgeting, and financial decision-making, enabling effective control over financial resources and enhancing organisational performance.

Begin Free Trial

Get in Touch With Us

Who will be funding the course?

My employer I will Not sure

Full Name

Phone Number

+44

Company Email

Message (Optional)

Learning Options

Blended Learning
Online self paced
Onsite

Live Interactive Sessions
Dedicated 1-to-1 Tutor Support (30-min Weekly)
Expert Trainers with Industry Experience
Flexible Schedule
Networking Opportunities
High Pass Rates
24/7 Personalised Support

Overview

The ACCA Managing Costs and Finance Course is designed to equip individuals with essential skills in managing business finances and understanding the intricacies of cost management. In today’s competitive business environment, effective cost control and financial decision-making are crucial for organisational success. This course provides professionals with the necessary tools to enhance financial performance and ensure long-term sustainability.

Professionals such as Accountants, Financial Analysts, Business Managers, and individuals involved in budgeting or cost management will greatly benefit from this course. It is especially useful for those aspiring to develop a deeper understanding of financial management within any business setting. By completing this course, participants will gain valuable insights into cost structures, financial analysis, and management strategies.

ACCA Managing Costs and Finance Course by MPES is part of ACCA's Foundations Section and focuses on developing essential skills to manage and control financial costs effectively. This course empowers professionals to apply cost management principles to real-world business scenarios, ensuring better financial decision-making and performance analysis.

Course Objectives:

To understand the role of cost management in business operations.
To develop skills in cost planning and budgeting.
To apply cost analysis techniques to improve business performance.
To evaluate financial reports for better decision-making.
To understand various costing methods and their applications.
To assess financial risks and control costs effectively.

Upon completion of the course, participants will be able to make informed decisions regarding financial management and cost control. These skills will contribute to enhanced organisational efficiency, profitability, and strategic planning in real-world business contexts.

Average completion time

1 Month

with unlimited support

100% online

Start anytime

Study At Your Own Pace

Blended Learning

Study At Your Own Pace

Course Includes

Expert-led Sessions
Digital Delegate Pack
24/7 Tutor Support
Downloadable Resources & Challenges
Interactive Learning
Exercise Files
Scenario-Based Learning

Course Details

Develop your understanding of essential financial, business and management accounting techniques with ACCA Applied Knowledge. You'll learn basic business and management principles and the skills required of an accountant working in business.

Entry Requirements

Learning Outcomes

Target Audience

The ACCA Managing Costs and Finance Course is ideal for individuals seeking to develop their understanding of financial management, budgeting, and cost control. It is suited to those looking to enhance their skills in managing costs, improving decision-making, and driving financial efficiency within organisations:

Finance Managers
Budget Analysts
Cost Accountants
Financial Controllers
Management Accountants
Business Analysts

Course content

Management information
- Management information requirements
  - Cost accounting systems
  - Cost classification
  - Information for comparison
  - Reporting management information
Cost recording
- Accounting for materials
  - Accounting for labour
  - Accounting for other expenses
Costing techniques
- Absorption costing
  - Marginal costing
  - Job and batch costing
  - Process costing
  - Service costing
Decision making
- Cost-volume-profit analysis
  - Factors affecting short term decision making
  - Investment appraisal
Cash management
- Nature of cash and cash flow
  - Cash management
  - Cash budgets
  - Investing and financing

MPES Support That Helps You Succeed

At MPES, we offer comprehensive support to help you succeed in your studies. With expert guidance and valuable resources, we help you stay on track throughout your course.

MPES Learning offers dedicated support to help you succeed in Accounting and Finance courses.
Get expert guidance from tutors available online to assist with your studies.
Check your eligibility for exemptions with the relevant professional body before starting.
Our supportive team is here to offer study advice and support throughout your course.
Access a range of materials to help enhance your learning experience. These resources include practice exercises and additional reading to support your progress.

Career Growth Stories

Discover how MPES Learning transforms careers with real success stories.

Aaron Allcote

As a finance officer, MPES has been a huge help in understanding the process of recording and processing transactions from all different perspectives. The courses are very easy to follow, and the training they provide can be applied to real-life scenarios. The courses have been a huge help for me, and I would highly recommend them.

Aaron Allcote

Finance Officer

Bob Beaumont

I completed all of my ACA studies with MPES and I think you would struggle to find a better training provider anywhere in the British Isles. MPES' tutors are excellent both at delivering training and giving individualised feedback and coaching. the supporting materials and the out of class support are also great.

Bob Beaumont

Senior Accountant

Arvy Pasanting

As a qualified accountant, studying with MPES has been very rewarding experience. Its team of passionate and dedicated mentors gave me the confidence and knowledge I needed to not just at excel in my current role as an auditor, but also inspired me to expand my horizons.

Arvy Pasanting

Audit Senior

David Ford

I was recommended MPES after searching for a way to pursue a career in the accounting profession, I have studied with them throughout my journey utilising online learning opportunities that fit around the needs of my employer.

David Ford

Accountant