Certificate in Management and Financial Accounting

Gain the knowledge and skills required to progress your professional accountancy career

Developed in partnership with industry experts and employers, this qualification offers a wide range of transferable skills that can be applied to many different finance and accounting contexts. It provides students with a nationally-recognised qualification in professional accounting and audit, and is suitable for those who:

  • need to build their fundamental base of skills
  • are entering employment as an accountant or auditor
  • aspire to finance or accounting management roles
  • currently work in an accounting role and wish to develop their career

Download the Certificate in Management and Financial Accounting Qualification specification

Modules

Financial Accounting (FA)

The FA module provides an introduction to accounting theory, bookkeeping, control techniques and the preparation of content for the financial statements. Three types of organisation are considered: sole traders, limited companies, and clubs and societies. Students will be encouraged to consider their approach to recording transactions, control techniques and preparing financial statements in the context of ethical and professional behaviour.

Assessment: Online examination, two hours, multiple choice and objective questions

Management Accounting (MA)

The MA module provides an introduction to the principles of costing and budgeting, and their use in providing information to support management decision making. The nature of costs, cost behaviour and various costing techniques are explored. Students will learn key aspects of standard costing and variance analysis, and the use of costing information to evaluate performance. The importance of the budget setting process and the types and uses of budgets are also covered, together with the practical skills needed to prepare budgets and to estimate costs for inclusion in a budget. The relevance and use of technology are embedded throughout the module.

Assessment: Online examination, two hours, multiple choice and objective questions