This course is designed for learners (students) who use or will utilize financial, managerial, and cost management accounting tools to make decisions. It aims to develop learners’ (students’) ability to understand managerial accounting problems in the real-world of business contexts.
The course covers subjects such as users of accounting, different sorts of businesses, key accounting principles and concepts, ethics and standards in the accounting practice, double-entry accounting, financial statement analysis, receivables management, and the costs and advantages of internal controls.
Managers should be familiar with the fundamentals of management accounting, and this module imparts how management accounting may benefit them. It pays close attention to the needs of managers who are familiar with financial reporting and can select solutions that are critical to their company’s success.
Who Should Attend?
• Company-funded employees who are required to upskill to support the work functions at the workplace.
• Individual who is seeking to upskills for a career progression or employability.
• Individuals who want to acquire the specialised knowledge and qualifications required to explore and enter into a different industry.
Entry Requirement
• 21 years old
• Attainment of IELTS 6.0 or equivalent, or
• A pass in ASCENSUS INSTITUTE’s English Literacy Test with a minimum grade of 70%.
Normal Entry:
• A Bachelor’s Degree in any field or equivalent.
Alternative Entry:
Applicants with the minimum age of 30, who do not possess the above qualifications but have a minimum of 8 years working experience, may be considered for entry into this course.
Evidence of previous employment will need to be provided, together with a reference from the current or recent employer.
Assessment Framework
Combination of Formative and Summative Assessments
Graduation Requirement and Award
Obtained a passing mark with “C-” grade for this course.
Possible Progression Pathway
Upon successful completion of the course, learners (students) may progress into an Advanced Diploma in Hospitality and Tourism Management course, subject to meeting the entry requirements of the school.
