Participants will refresh core management accounting concepts and apply them to practical decision-making, planning, and performance conversations across the business. Participants will work through cost classification, CVP analysis, relevant-costing scenarios, scorecards, and budgeting techniques to turn analysis into clear recommendations for non-financial stakeholders.

• Professional accountants moving into (or refreshing) managerial accounting responsibilities who want a concise, practice-ready toolkit. 
• Finance professionals who partner with operations and need to translate analysis into actionable guidance. 

By the end of this course, participants should be able to: 

• Classify costs by behaviour and function and explain implications for internal decisions and forecasting. 
• Apply cost–volume–profit (CVP) techniques to assess break-even, margins, sensitivity, and operating leverage. 
• Evaluate short-term decisions using relevant-cost analysis (e.g., make-or-buy, special orders, scarce resources, sell-or-process-further, and drop-or-keep). 
• Design and interpret performance measures and balanced scorecards that align with organizational strategy. 
• Build and review budgets (including flexible/rolling approaches) and communicate insights effectively to non-financial managers. 

Topics include: 

• Overview of management accounting: role, concepts, and communication with non-financial managers. 
• Types of decisions and costing: cost identification, classification (behaviour/traceability/relevance), cost flows, overhead application, and mixed-cost analysis. 
• Cost–Volume–Profit analysis: break-even and target profit, contribution margin, margin of safety, operating leverage, multi-product considerations, and assumptions/limitations. 
• Decision making and relevant costing: structured decision process, opportunity/avoidable/sunk/differential costs; make-or-buy, scarce resources, special orders, sell-or-process-further, drop-or-keep, and transfer-pricing touchpoints. 
• Balanced Scorecard: perspectives, KPIs, linkage to strategy and budgets, and reporting practices. 
• Budgeting: master/flexible/rolling budgets, standard costing and variance analysis, zero-based vs. incremental approaches, accountability, and communication. 
• Other topics in management accounting: selected contemporary themes and case-based exercises. 

Course Content Created: October 2021

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About This Product

On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Where available, accompanying materials such as handouts or course notes are included.On-demand courses are eligible for verifiable CPD hours upon successful completion, and a certificate will be made available for download for your records.

Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.

Please note that not all on-demand courses include downloadable materials such as course notes or slides.

How to get started

After completing your purchase, go to mylms.bccpa.ca. Log in using your CPABC Online Services credentials. Click Go to Your Courses and Materials to access your Learning Center. Select your course title to begin.