What you will study
- Management accounting vs financial accounting
- Introduction to management accounting and costing
- Data sources, analysis and presentation in management accounting
- Cost classification and behaviour
- Accounting for material
- Accounting for labour
- Accounting for overheads
- Absorption costing and marginal costing
- Breakeven analysis and limiting factor analysis
- Standard costing
- Variance analysis
- Job, batch, process and contract costing
- Service and operation costing
- Alternative costing principles
- Cost bookkeeping
- Budget preparation
- Capital budgeting
- Flexible budgets and control
- Forecasting techniques
- Performance measurement
Key features of the course
- Flexibility to suit your needs – allowing you to study anytime, anywhere
- An emphasis on personal and professional development through independent learning
- Relevance of topics and practical examples to the context of your own professional practice
- Illustrative practice activities with solutions, “test your understanding” activities and tutor-marked assignments to reinforce learning
- Certificate of completion from London School of Finance and Law
This non-credit four-month course is intended for students who want to gain general knowledge, learn a new skill, upgrade existing skills or develop personal interests in subjects related to business management, finance and accounting.
This course can be taken alongside your degree or professional qualification studies elsewhere or as part of your informal career development programme. It will be of particular value to undergraduate, postgraduate or professional students of business management, finance and accounting.
- Knowledge and understanding
- Key skills
- Cognitive skills
- Practical and professional skills
- Transferable skills
- Accounting professions
- Financial management
- Tax advisory
- Investment analysis and management
- Business administration
- General management
- Sales and marketing
- Risk management
- Management consultancy
- Professional bodies
- Professional training
- Coaching, mentoring and counselling in finance, tax advisory and business management
- Government offices and NGOs
Online learning with tutor guidance and support
How long it takes
4 months (128 hours)
You need to be able to spend approximately 8 hours per week on studying this module.
Teaching and assessment
A tutor will guide you throughout the study process and mark and comment on your written work. You and your tutor will primarily communicate with each other through email.
The course work includes online practice tests, tutor-marked assignments and end-of-module assessment. You must use the online VLE-system to submit your tutor-marked assignments and end-of-module assessment.
The Pass mark for the module is 50%. Upon successful completion, students are issued a certificate of completion from London School of Finance and Law.
All study materials are provided on the module website.
Microsoft Office presentations and Adobe Portable Document Format (PDF) versions of study material are available.
A computer with a browser and broadband internet access is required for this module. Functionality may be limited on mobile or tablet devices.
If you have a disability or particular study requirements, please tell us as soon as possible.
Next term start date: 20 January 2022
The module website will be available to registered students three days in advance of module start. Module sessions will be opened on a weekly basis to enable tutor-led, gradual progression through the study materials and continuous assessment.
Course registration is open, but please be aware that due to the increased demand it may take us longer to respond than usual.
Registration closes 15 January 2022 (places subject to availability)
Registration for current students:
Registration for new students:
You have to register as an LSFL student to study this course.
Tuition fees depend on the level and duration of courses: check tuition fee rates for the current academic year here.
You may be eligible for tuition funding.
Management Accounting starts three times a year – in January, May and September.
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English language requirements
There is no formal requirement to prove your English language proficiency to study our courses. If English is not your native or second language, or you would like to improve specialist language skills necessary for your profession, you may complete one of the following English language courses:
A full range of our English language courses can be viewed here.