This advanced course explores sophisticated managerial accounting techniques and control systems used in complex organizational environments. Participants will delve into advanced costing methods, performance measurement frameworks, and strategic control systems that drive organizational excellence. The program covers cutting-edge approaches like activity-based costing, transfer pricing, and advanced variance analysis for multi-product, multi-division organizations. Through complex case studies and strategic exercises, attendees will develop the expertise to design and implement advanced management control systems that support strategic objectives.
Advanced Managerial Accounting and Control
Financial Management and Accounting
October 25, 2025
Introduction
Objectives
Key learning objectives for this course include:
- Design and implement advanced costing systems for complex organizations
- Develop and apply sophisticated performance measurement frameworks
- Master transfer pricing methodologies for divisional performance
- Implement advanced variance analysis and investigation techniques
- Design management control systems aligned with strategy
- Apply quantitative techniques for decision support
- Develop and use non-financial performance measures
- Implement responsibility accounting and incentive systems
- Manage organizational change through control systems
Target Audience
- Management Accountants
- Financial Controllers
- CFOs and Finance Directors
- Operations Directors
- Business Unit Leaders
- Management Consultants
- Performance Management Specialists
- Strategic Planning Managers
Methodology
- Complex case studies of control systems
- Advanced costing system design workshops
- Transfer pricing scenario analysis
- Variance investigation simulations
- Control system design projects
- Group discussions on behavioral aspects
- Individual research on contemporary issues
Personal Impact
- Enhanced advanced managerial accounting expertise
- Improved system design and implementation skills
- Stronger strategic thinking and analysis capabilities
- Increased confidence in complex decision support
- Better understanding of behavioral aspects
- Professional growth in management accounting
Organizational Impact
- Improved cost management and profitability
- Enhanced performance measurement and accountability
- Better strategic alignment of operations
- Increased organizational efficiency and effectiveness
- Stronger decision-making support systems
- Improved competitive positioning through better costing
Course Outline
Advanced Costing Systems
Cost System Design- Cost system sophistication continuum
- Activity-based costing implementation
- Time-driven activity-based costing
- Resource consumption accounting
- Target costing and value engineering
- Kaizen costing techniques
- Life cycle costing applications
- Quality cost management systems
Performance Measurement
Advanced Metrics- Economic Value Added (EVA) calculation
- Return on investment variations
- Residual income measures
- Cash flow return on investment
- Balanced scorecard advanced applications
- Performance prism framework
- Results and determinants framework
- Stakeholder performance measurement
Transfer Pricing
Pricing Methods- Market-based transfer pricing
- Cost-based transfer pricing approaches
- Negotiated transfer pricing systems
- Dual-rate transfer pricing
- Arm's length principle application
- Tax implications of transfer pricing
- Advance pricing agreements
- Transfer pricing documentation
Advanced Variance Analysis
Complex Variance Analysis- Sales mix and quantity variances
- Market share and size variances
- Mix and yield variances for materials
- Labor efficiency and mix variances
Management Control Systems
Control System Design- Elements of management control systems
- Control system alignment with strategy
- Responsibility center design
- Performance-dependent rewards
- Goal congruence achievement
- Participation in budgeting
- Budgetary slack management
- Ethical considerations in control
Strategic Applications
Strategic Cost Management- Strategic positioning analysis
- Value chain analysis for competitive advantage
- Cost driver analysis at strategic level
- Strategic decision support systems
- Environmental management accounting
- Lean accounting principles
- Digital transformation in management accounting
- Big data and analytics in control
Ready to Learn More?
Have questions about this course? Get in touch with our training consultants.
Submit Your Enquiry