Managerial Accounting

This programme teaches how to extract and modify costs in order to make informed managerial decisions. Planning is covered by topics including activity-based costing, budgeting, flexible budgeting, cost-volume-profit analysis, cost estimating, and the costs of outsourcing.

Control is covered by topics including standard costing, variance analysis, responsibility accounting, and performance evaluation. Emphasis is placed on cost terminology (the wide variety of costs), cost behavior, cost systems, and the limitations concerning the use of average costs.

Learning Outcomes

Learning Outcomes / Key Takeaways

In this programme you will be able to:

  1. Describe different types of costs and how they are represented graphically.
  2. Conduct cost-volume-profit analysis to answer questions around breaking even and generating profit.
  3. Calculate and allocate overhead rates within both traditional and activity-based cost allocation systems.
  4. Distinguish costs and benefits that are relevant from those that are irrelevant for a given management decision.
  5. Determine a reasonable course of action, given the financial impact, for a given management decision.

Programme Outline

Module 1: Introduction to Managerial Accounting

  • What is managerial accounting?
  • How is job costing used to track production costs?
  • How does an organization use activity-based costing to allocate overhead costs?
  • How is process costing used to track production costs?

Module 2: Cost Measurement and Estimation

  • How is the statement of cash flows prepared and used?

Module 3: Short-Term Decision Making

  • How do managers use financial and nonfinancial performance measures?
  • How do managers evaluate performance in decentralized organizations?

Module 4: Cost-Volume-Profit Analysis

  • How is cost-volume-profit analysis used for decision making?
  • How do managers evaluate performance using cost variance analysis?

Module 5: Budgeting

  • How are operating budgets created?
  • How is capital budgeting used to make decisions?
  • How are relevant revenues and costs used to make decisions?

Each module focuses on clear objectives and skill demonstrations that can be easily linked to real life instances.

Delivery Method

Well-balanced theoretical and practical methodology, which includes interactive discussions, case studies, interactive activities/exercises and assignments to understand the concepts and their applicability.

Course Includes

  •  5-Day Training
  • Course Notes
  • Stationary
  • Nationally Recognized and Internationally Accredited Certification
  •  Tea/Coffee Breaks
  • Working Lunches
  • Training materials (Soft file)
  • An evening of Thai culture emersion - River Cruise.

Evaluation Criteria

Participants must have attended the sessions at least 80% in order to receive a CERTIFICATE from Bangkok School of Management.

Training Date
Month Day(s) Year

January 9-13
January 23-27 2023
February 6-10 2023
20-24 2023
March 13-17 2023
March 27-31 2023
April 17-21 2023
April 24-28 2023
May 8-12 2023
May 22-26 2023
June 3-7 2023
June 23-30 2023
July 3-7 2023
July 17-21 2023
August 7-11 2023
August 21-25 2023
September 4-8 2023
September 25-29 2023
October 2-6 2023
October 16-20 2023
November 6-10 2023
November 27- 01 December 2023
December 4-8 2023
December 11-15 2023

Location: Bangkok, Thailand

**Reserve your seats now! No CREDIT CARD required.**