Management Accounting II

Obtain a SAIBA Certificate of Completion in Management Accounting II for part completion of the designation.

WHAT YOU WILL LEARN

By enrolling for this upskilling course you will:

  • Understand the importance of costs and cost drivers in organisations
  • Learn budget construction
  • Have a foundation for cost management

DESCRIPTION

Management Accounting II stresses the importance of costs and cost drivers in the production, analysis and use of information for short-term decision making in organisations. Thus, forecasting key relevant variables, recognising risks and uncertainties attached to future events, is a basis for budget construction. The budget is then used with costing systems to evaluate actual performance. Management Accounting II provides the foundation for cost management and the long-term decisions covered in Management Accounting III.

*The assumption is made that the accounting standards not mentioned in this module are covered in previous financial accounting modules (NQF 6 level)

PRICE

The following pricing apply: R5,500.00
The upskilling course does not form part of a subscription package.
Any recommended textbooks and webinars are an additional cost for your own expense.

CONTENT

Study unit 1

Cost Accounting Systems

  • Discuss costing methods and their results.
  • Discuss the role of quality costing
  • Apply principles of environmental costing.
Study unit 2

Forecasting and budgeting techniques

  • Explain the purposes of forecasts, plans and budgets
  • Prepare forecasts of financial results.
  • Discuss and prepare budgets based on forecasts.
  • Discuss the principles that underlie the use of budgets for control.
  • Analyse performance using budgets, recognising alternative approaches and sensitivity to variable factors.
Study unit 3

Short-Term decisions

  • Explain concepts of cost and revenue relevant to pricing and product decisions.
  • Analyse short-term pricing and product decisions.
Study unit 4

Dealing with risk and uncertainty

  • Analyse information to assess risk and its impact on short-term decisions

REQUIREMENTS

Applicants for this course are required to have the relevant degree/diploma with all the core subjects as specified, missing no more than 2 subjects.

The law and best practice require that you must have an:

  • accounting qualification
  • plus relevant experience
  • plus a designation with a professional body, such as a Business Accountant in Practice (SA), BAP(SA)

In this way society knows you are competent and they are assured of quality work.

In addition, it is required that your qualification should consist of the following core subjects:

  • Accounting (3rd year University level)
  • Auditing (2nd year University level)
  • Tax (2nd year University level)
  • Management accounting (2nd year University level)
  • Commercial law (2nd year University level)

If your qualification does not include these subjects you can register as a SAIBA Academy student and write our assessments as evidence that you are competent in these subject areas. We call this recognition of prior learning or RPL.

Once you have gained all the missing subjects for non-degree purposes you will be eligible for the SAIBA designation BAP(SA) and start working for yourself as an Accountant in Practice.

*Please note approval from the Saiba membership department is required before proceeding to apply for this course. Please contact your Personal Portfolio Consultant (PPC) for more information. 

PRESENTER

Roelien Botha

Roelien Botha is a lecturer in Management Accounting and acting program coordinator of the Higher Certificate in Accounting at Akademia. She obtained her BCom Law degree (cum laude), as well as her honours and master’s degrees (cum laude) in Financial Management at the University of Pretoria. Academic awards include academic honors, Dean’s Merit List and Golden Key International Honor Society membership.

ACCREDITATION

The Southern African Institute for Business Accountants NPC is a professional body accredited by South African Qualifications Authority (SAQA) –  Professional Body ID 874.

On successful completion of the final exam you will receive a certificate of completion issued by SAIBA that serves as evidence of competency in cost management and financial analysis. The certificate is issued in terms of the National Policy for the Implementation of the Recognition of Prior Learning as authorized by SAQA and is regarded by SAIBA as meeting the competency criteria approved by SAQA for admission as a BAP(SA).

R 5500 VAT Incl.

Additional Course Information

Category Accounting
Accredited SAIBA
Verifiable CPD Hours 120
Non-verifiable CPD Hours N/A
Effort 3-6 months
Duration 3-6 months
Format Self-study
Level NQF Level 6
Assessment Yes
Study Material Yes
Course Date
SKU QUA200004Q Categories ,

Who should attend?

The law and best practice require that you must have an:

  • accounting qualification
  • plus relevant experience
  • plus a designation with a professional body, such as a Business Accountant in Practice (SA), BAP(SA)

In this way society knows you are competent and they are assured of quality work.

In addition, it is required that your qualification should consist of the following core subjects:

  • Accounting (3rd year University level)
  • Auditing (2nd year University level)
  • Tax (2nd year University level)
  • Management accounting (2nd year University level)
  • Commercial law (2nd year University level)

This event is included in the following subscription packages:

If you are not a subscriber, you need to purchase the event as a stand-alone event or subscribe to a SAIBA subscription package.

How to subscribe

Subscribers pay less for their CPD points.
SAIBA offers 4 subscription packages that provides access to everything to run a successful accounting and tax practice.

Pay a small monthly amount and gain access to monthly webinars covering ethics, financials, reporting, audit and assurance, working papers, law, technology, management topics, and tax.

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