# Management Accounting for Business Decisions

> Use costing, pricing, break-even and relevant-cost analysis to make better product, investment and operational decisions.

- **Provider:** Afriskora Training Solutions
- **Category:** Finance, Accounting & Audit
- **Duration:** 5 days
- **Formats:** classroom (cities across Africa), live virtual (Zoom/Teams), in-house for teams
- **Certificate:** Afriskora Certificate of Completion, verifiable online
- **Booking:** request dates and a quote; invoice and EFT payment
- **Web page:** https://afriskora.co.za/courses/finance-accounting-audit/management-accounting-for-business-decisions
- **Request dates:** https://afriskora.co.za/request-training?course=management-accounting-for-business-decisions

## Overview

Many costly decisions, from dropping a product line to accepting a large order, are made on numbers that include the wrong costs. This course equips finance staff and managers with management-accounting tools to analyse cost behaviour, set prices, evaluate make-or-buy and outsourcing choices and measure divisional performance. Each tool is applied to a business case drawn from manufacturing, services or the public sector.

## Who should attend

- Management accountants and finance business partners
- Operations and commercial managers
- Business owners and general managers
- Analysts preparing decision papers

## Learning outcomes

- Classify costs by behaviour and relevance to a decision
- Apply break-even, contribution and margin-of-safety analysis
- Evaluate make-or-buy, outsourcing and product-mix decisions
- Set prices using cost and market-based approaches
- Measure business-unit performance fairly

## Course outline

### Day 1: Cost behaviour and costing

- Fixed, variable and semi-variable costs
- Absorption and marginal costing
- Activity-based costing
- Cost drivers in service organisations

### Day 2: Short-term decisions

- Cost-volume-profit analysis
- Relevant costs and opportunity cost
- Special orders and limiting factors
- Make or buy and outsourcing

### Day 3: Pricing

- Cost-plus and target pricing
- Value-based and competitive pricing
- Transfer pricing between divisions
- Pricing case study

### Day 4: Performance measurement

- Responsibility centres
- ROI, residual income and EVA
- Balanced scorecard links
- Behavioural effects of targets

### Day 5: Decision workshop

- Building a decision model in Excel
- Sensitivity and risk
- Writing the decision paper
- Group presentations