Management Accountancy is the study of managerial aspect of accounting. It is that system of accounting which helps the management in carrying out its function more efficiently and effectively. The complexities of business environment have necessitated the use of management accounting for proper planning, coordinating, decision making and controlling functions of management. Management accountancy is the process of identification, measurement, accumulation, analysis, preparation, interpretation and communications of financial information used by management to plan, evaluate, and exercise control within an organisation and to assure the appropriate use of and accountability for its resources.
This diploma course is an advanced knowledge module that aims to develop further proficiency in various facets of management accounting activities of CMAs in various organisations.
On successful completion of the course, the CMAs will become proficient and experts in their role as Management Accountants in their respective organisations in the following manner:
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