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Overview

If you want to take your accounting career to the next step, the Diploma in Managerial Accounting – Level 3 ticks all the right boxes. It is the perfect course to attain a stable and financially lucrative career in the accounting industry. The training is practical and hands-on giving you in-depth knowledge in cost and performance evaluation, trial balance and accounting concepts. The course will make you a marketable candidate amongst potential employers and organisations.

Accounting is integral to any organisation and the success of accounting will ensure the rest of the departments stay intact. The Diploma will help you advance in your knowledge of complex accounting skills. Once you’ve completed the training, you will be given more responsibility in a new role or current one. Becoming an expert in the fundamentals of management accounting will let you stay ahead of the competition.

The Diploma in Managerial Accounting – Level 3 will make you efficient in your job role in the accounting industry, as someone who is able to excel in the workplace. Students who are studying management accounting will find plenty of opportunities to progress in their academic education and have a career as top qualified and high-paying accountants.

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. This means that Study 365 has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed by Study 365 to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards & Certa Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales

Why consider learning at Study 365?

With so many commitments in our lives, we may not have the time to learn new skills. The beauty of studying online is that you get to find this balance between your education and your daily commitments

Study 365 offers hundreds of online courses to students across the world. Gaining new skills has never been this easy as many of our courses are open to students with little or no qualifications or previous experience. All the courses are up-to-date, relevant, affordable, and will build on existing expertise or give you a jump-start to a new career. The courses are meticulously designed and equals what is offered in a classroom setting. With a solid reputation that has established and made us made us one of the most trusted and reliable online course providers we offer the most convenient path to gain recognised skills and training that will give you the opportunity to put into practice your knowledge and expertise in your chosen career. You can learn at your own pace at Study 365 and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules, interactive quizzes and free resources which include Free CV writing pack, free career support and course demo to make your learning experience enriching and more rewarding.

Learning Outcomes

  • Gain a clear understanding of the nature of cost and management accounting.
  • Learn how to use spreadsheets efficiently in your job role.
  • Learn how to record and classify costs effectively.
  • Have an understanding of bookkeeping and recording transactions.
  • Have practical, hands-on experience at producing financial statements.
  • Learn how to be an efficient Accountant in any organisation or company.

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course.  The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Who is this Course aimed at?

  • Accounts Officer
  • Management Accountant, Accounts Executive
  • Business Managers
  • Entrepreneurs
  • Students studying Management Accounting
  • Anyone who wants to gain skills and knowledge in Management Accounting

Entry Requirement

  • All learners should be over the age of 19 and have a basic understanding of Maths, English and ICT.
  • A recognised qualification in level 2 or above in any discipline.

Method of Assessment

This online course is assignment-based with learners being assessed upon the submission of a series of assignments. Once you successfully submit the assignments, students will gain a professional qualification. The assignments must be submitted to the instructor through the online learning portal. The assignments will be reviewed and evaluated, with feedback provided to the student on how well they have fared.

Certification

At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

Accredited Body

Accredited body (Accreditation) ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

Progression and Career Path

Once you successfully completed the Level 3 Diploma in Managerial Accounting, you will gain the knowledge and skills that will give you multiple choices in job opportunities. You can use this certificate to expand in your academic training, or to demand for a job promotion or salary increment from your employer.  Listed below are some of the job titles this certification will help you attain along with the average UK salary per annum according to https://www.payscale.com.

  • Accountant – £28,565 per annum
  • Management Accountant – £32,165 per annum
  • Tax Accountant  – £29,001 per annum
  • Accounts Assistant – £18,883 per annum
  • Accounts Executive – £22,243 per annum
  • Staff Accountant – £24,115 per annum
  • Accounting Assistant – £20,352 per annum
  • Accounting Clerk – £17,609 per annum
  • Accounts Payable Clerk – £19,801 per annum
  • Bookkeeper – £20,796 per annum

Other Benefits

  • Written and designed by the industry’s finest expert instructors with over 15 years of experience
  • Repeat and rewind all your lectures and enjoy a personalised learning experience
  • Unlimited 12 months access from anywhere, anytime
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Eligible for a TOTUM discount card
  • Free Career Support Service
  • 25% Discount on personal Statement and covering letter writing service
  • Free Access to Over 150 courses for 2 days (48 hours)
  • Free access to course before you purchase (For selected courses only)

Course Curriculum

1: Introduction - Managerial Accounting
Introduction – Managerial Accounting 00:00:00
2: Costs and Understanding Performance Evaluation
Costs and Understanding Performance Evaluation 00:00:00
3: Understanding Absorption And Marginal Costing
Understanding Absorption And Marginal Costing 00:00:00
☑ Assignment
Assignment Brief I – Diploma in Managerial Accounting Level 3 00:00:00
☑ Submit Your Assignment
4: Profit Reconciliation Statement
Profit Reconciliation Statement 00:00:00
5: Use of Activity Based Costing
Use of Activity Based Costing 00:00:00
6: What is Break-Even Analysis
What is Break-Even Analysis 00:00:00
☑ Assignment
Assignment Brief II – Diploma in Managerial Accounting Level 3 00:00:00
☑ Submit Your Assignment
7: Purpose of Budgeting
Purpose of Budgeting 00:00:00
8: Learn Budgetary Control
Learn Budgetary Control 00:00:00
9: What is Standard Costing and Variance Analysis
What is Standard Costing and Variance Analysis 00:00:00
☑ Assignment
Assignment Brief III – Diploma in Managerial Accounting Level 3 00:00:00
☑ Submit Your Assignment
10: Understand Idle Time and Causes of Variance
Understand Idle Time and Causes of Variance 00:00:00
11: Learn Cost Bookkeeping
Learn Cost Bookkeeping 00:00:00
12: What is Process Costing?
What is Process Costing? 00:00:00
13: Understand Batch and Job Costing
Understand Batch and Job Costing 00:00:00
☑ Assignment
Assignment Brief IV – Diploma in Managerial Accounting Level 3 00:00:00
☑ Submit Your Assignment
14: Introduction to Financial Mathematics
Introduction to Financial Mathematics 00:00:00
15: Financial Mathematics II
Financial Mathematics II 00:00:00
16: Purpose of Investment Appraisal
Purpose of Investment Appraisal 00:00:00
17: Useful Formulas
Useful Formulas 00:00:00
☑ Assignment
Assignment Brief V – Diploma in Managerial Accounting Level 3 00:00:00
☑ Submit Your Assignment

Course Reviews

4.3

4.3
3 ratings
  • 5 stars1
  • 4 stars2
  • 3 stars0
  • 2 stars0
  • 1 stars0
  1. Great course

    4

    Really a great course to understand and I was able to use the skills I learned right away in my profession. Would definitely recommend it to others.

  2. Very Helpful

    4

    This course helped me to move up the career ladder in the field of accounting by the level of knowledge which I achieved from this course.

  3. A Great Guidance Course

    5

    The explanations were easy for those with a non-financial background to understand as well. Really appreciate it.


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Certificate of Achievement


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Learner Unit Summary


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