Advanced Management Accounting

Register now — the course will open on July 31

This course qualifies as a prerequisite course for the MPE

Note: This is an advanced-level course intended for learners who have completed Intermediate Management Accounting or possess equivalent professional experience.

This course provides a strategic, high-level exploration of management accounting concepts and techniques. Building upon foundational knowledge, it focuses on applying advanced cost analysis, performance management, and strategic planning to real-world business situations. Designed with Canadian and international business contexts in mind, students will work through comprehensive case studies, financial modeling exercises, and scenario-based planning challenges.

The course is grounded in Horngren’s Cost Accounting: A Managerial Emphasis, Tenth Canadian Edition and prepares learners to support executive-level decision-making in complex organizational settings, including corporations and SMEs.

Key Topics Covered:

• Strategic cost control and advanced cost systems (ABC, TDABC, Lean accounting)

• Activity-based management and continuous improvement

• Advanced budgeting, forecasting, and financial modeling

• Capital investment decisions and risk-adjusted analysis

• Transfer pricing and decentralized organizational performance

• Balanced scorecard and strategic performance frameworks

• ESG (Environmental, Social, Governance) and sustainability accounting

• Decision-making under constraints and uncertainty

• Ethics and governance in management accounting

• Real-world case studies from Canadian and global companies

Learning Outcomes:

By the end of this course, students will be able to:

• Design and implement advanced cost management systems aligned with strategic goals

• Apply activity-based and lean costing techniques to improve business efficiency

• Evaluate divisional and enterprise-level performance using KPIs and balanced scorecards

• Conduct capital budgeting with consideration for risk, uncertainty, and strategic fit

• Use case-based reasoning to propose solutions to complex management problems

• Develop multi-period budgets and rolling forecasts to guide decision-making

• Incorporate ESG metrics and ethical considerations into performance evaluations

• Analyze data, visualize outcomes, and present insights to senior management

Course Features:

• Real-World Case Studies: Focused on Canadian businesses and global operations

• Practical Tools: Excel-based models and templates for cost analysis and forecasting

• Instructor Support: Available for case review and clarification

• Strategic Focus: Equips learners for senior accounting and management roles

This course is designed for self-study with instructor assistance available when needed.
This course is eligible for 10 CPD Hours.
This purchase is non-refundable.