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Basic Understanding of Management Accounting


This is 1 of the 3 revised basic accounting and finance modules with enhanced topics tailored to persons without prior accounting knowledge or background.  Each of the 3 modules are independent of each other.  They can be attended in any sequence.


Learning Objectives

After attending this module, participants should be able to:

1. Understand the types of costs associated with any cost object;
2. Allocate overheads based on cost drivers;
3. Perform break-even analysis for decision making;
4. Forecast income and expenditure;
5. Prepare income, expenditure and cash budgets.

Training methodology:  Explanation of theories and concepts, practical worksheets and group discussions.

Topics include:
  • Financial & management accounting differences
  • Cost objects
  • Cost classifications
  • Overhead allocation
  • Break-even analysis fundamental
  • Break-even analysis application - multiple products
  • Types of budgets
  • Forecasting revenue & costs
  • Detailed income & expenditure budget
  • Cash budget

Target Audience
Any person without accounting or finance background but is keen to see and understand the importance of identifying and controlling the different types of costs for decision making.

Dates

  • 07 Jan 2025
  • 05 May 2025

Time

9.00am to 5.00pm (1 days)

Course Fees

S$327 (SingHealth rate, including GST)
S$436 (Non- SingHealth rate, including GST)

Venue

Academia, SGH campus
20 College Road S169856

Organiser

SingHealth Academy 

Registration Details

NOTE: Please inform and attain approval from your supervisor and respective institution HRs before sending in your registration.


To register, please email the following information to healthleadership@singhealthacademy.edu.sg -    

Course Title: 
Full name: 
Contact number:
Designation:
Department:
Institution:
Email address:


Registration is on a first-come, first-served basis. Successful registrants will be notified via email with information on payment details.

   
In line with the Singapore Personal Data Protection Act (PDPA), please note that we have updated our SingHealth Data Protection Policy, a copy of which is available at http://www.singhealth.com.sg/pdpa. Hard copies are also available on request.


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