Management Accounting Tools and Techniques
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This three hour webinar will look at a range of tools and techniques management accountants employ to add value to the businesses they work in and support, and explore how financial accountants and accountants in practice can employ some or all of the tools to benefit their business and/or clients.
We will look at different costing methodologies, decision support tools, quantifying risk and uncertainty in decision making, variance analysis and techniques for measuring and reporting on environmental and sustainability metrics. This webinar will equip accountants to help the businesses they work in or support with planning, performance measurement, options appraisal and sustainability reporting. The management accounting tools and techniques covered will empower accountants to act as effective finance partners.
The topics which will be covered include:
- Costing methodologies
- Short-term decision making
- Limiting factor analysis
- Breakeven analysis
- Linear programming
- Risk and uncertainty in decision making
- Standard costing
- Variance analysis
- Environmental costing
Who is this presentation/workshop for?
This webinar is suitable for all working accountants, whether in industry or in practice. The tools and techniques covered can be used to benefit businesses of any size so will be valuable to any accountant in industry, while also offering accountants in practice a toolset to better differentiate their service offering to prospective clients.
Date: Wednesday 21 June 2023 RECORDING AVAILABLE, BUY NOW
Time: 1.30pm - 4.30pm
CPD hours: 3
Price: IFA members & affiliates - £55
Non-members - £79
About the speaker
Matt Barton is the IFA’s Technical Manager. He is a Chartered Global Management Accountant and former Civil Servant, having worked as a Senior Finance Business Partner in the Ministry of Defence and Department for Education. During his public sector career Matt led teams responsible for technical and financial accounting; planning, budgeting and forecasting; strategic planning and decision support; business management; and ethics and compliance.
Matt is passionate about empowering finance professionals to offer the best possible service they can to their clients, and wants to support IFA members and working accountants to respond to the challenges and make the most of the opportunities presented by regulatory changes and increasing digitisation in the profession.