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Cost Accounting and Management Accounting

  • This training program will make you capable of a number of jobs in the areas of cost accounting & management accounting.
  • It gives you a bird’s eye view of the entire financial management aspect of business.
  • On completion of the training, you will get a certification in cost & management accounting from international accounting.
  • This certification carries a lot of value in the job market.
  • Easy learning and payment options.
Contact our Counsellor for more details

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Course Description

Costs are measured in units of nominal currency by convention. Cost accounting can be viewed as translating the supply chain (the series of events in the production process that, in concert, result in a product) into financial values.

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Table of Content

1. The Manager and Management Accounting
2. An Introduction to Cost Terms and Purposes
3. Cost-Volume-Profit Analysis
4. Job Costing
5. Activity-Based Costing and Activity-Based Management
6. Master Budget and Responsibility Accounting
7. Flexible Budgets, Direct-Cost Variances, and Management Control
8. Flexible Budgets, Overhead Cost Variances, and Management Control
9. Inventory Costing and Capacity Analysis
10. Determining How Costs Behave
11. Decision Making and Relevant Information
12. Pricing Decisions and Cost Management
13. Strategy, Balanced Scorecard, and Strategic Profitability Analysis
14. Cost Allocation, Customer-Profitability Analysis, and Sales-Variance Analysis
15. Allocation of Support-Department Costs, Common Costs, and Revenues
16. Cost Allocation: Joint Products and Byproducts
17. Process Costing
18. Spoilage, Rework, and Scrap
19. Balanced Scorecard: Quality, Time, and the Theory of Constraints
20. Inventory Management, Just-in-Time, and Simplified Costing Methods
21. Capital Budgeting and Cost Analysis
22. Management Control Systems, Transfer Pricing, and Multinational Considerations
23. Performance Measurement, Compensation, and Multinational Considerations

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Key Deliverables

  • Pay as you learn - Interest-FREE Instalment Plan
  • Support from subject matter experts through call and mail
  • Sample questions for better preparation
  • Certification for candidates scoring more than 40% marks in the exam
  • Dummy Projects and Industry related project support available.

Course Packages

Distance Course:

  • Study material couriered to your address.
  • Support from subject matter experts on e-mail.
  • Sample questions for preparation.
  • Facility for taking online exam any time after completion of the training.
  • Certification for candidates scoring more than 40% marks in the exam.
  • Limited period discounts available. For more information call now

Course Eligibility

  • Minimum qualification is intermediate.
  • Those undergoing Graduation or have been completed their graduation degree (in the respective field) can also apply.


Cost accounting is about accounting of costs involved in the production of goods and services. Management accounting concerns accounting that is used by management for managerial decision making.

This training program gives extensive knowledge and understanding about every aspect of cost & management accounting to trainees. In the cost accounting module of this training areas such as Employee cost, Unit costing, Process Costing etc are covered.

In the Management Accountant module areas such as Financial Statements Analysis, Budgeting & Budgetary control, strategic decision making etc are covered.

This training program will make you capable for a number of jobs in the areas of cost accounting & management accounting. It gives you a bird’s eye view of the entire financial management aspect of business. On completion of the training you will get a certification in cost & management accounting from International Academy. This certification carries a lot of value in the job market.

Those who are managers or aspire to become managers should do this training. Knowledge of Management accounting is necessary for managers. If you are a fresher or somebody who is looking for a better job then you should do this training. Those wanting to develop understanding of financial management can also do this training. Supervisors or managers involved in the area of production of goods or services should do this training in order to understand cost accounting. If you already work in the area of cost accounting then you should do this training in order to enhance your understanding of the subject.

International Academy is a leader in training & skills development. International Academy’s mission is to provide high-quality education and training at the least possible costs. The Cost Accounting & Management accounting training strives to train individuals so that they become better cost accountants and managers.

International Academy is promoted and led by alumni of IIT Delhi, MIT (Boston) and IIM (Calcutta). It is presently India’s largest education company for working professionals. It has provided training & certification to more than 60000 working professionals. It provides training & certification in more than 80 areas. The certification given by it is often in collaboration with top institutes of India.

International Academy’s clientele is not limited to India but extends across the globe. In 2012 International Academy won the Red Herring Top 100 Asia Award for innovation in the field of training & education. International Academy is ISO 9001 certified by TUV-SVD. It is registered with National Skill Development Agency, Government of India. Its commitment and record on quality is also reflected by the fact that it is a member of American Society of Quality (ASQ).

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Enrolment Options

You can enroll for our courses by paying through the following options:

  • You can pay online using - credit card / debit card / net banking
  • You can deposit cash in HDFC or ICICI branch. Please remember to email us a copy of the deposit slip.
  • You can drop a cheque in either HDFC or ICICI (ATM / bank branch).
  • You can courier the cheque to our office and we will take care of the rest.
  • Payment can be made for the appropriate amount depending on which option you decide to take.

* Pricing of some of the programs may vary. Please contact us for more details


Saravanan Sundarraj

Very Good Service... & I am very very HAPPY & 100% SATISFIED..

Vivek Joshi

Study material needs to have detailed information for better preparation.Kindly share the total correct ans of the test...

Rupesh Waghray

Course was very good. I submitted my photo 4 times now.. two hard copies at classroom sessions and by email. Still at t...

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Mamta Singh

PPT of Agile is good. content of course if good. way of presentation by trainer is good.

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Prabin Kumar Nath

This course is very helpful for me to understand quality management and i will like to implement in our company

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Aravind GS

The course was designed is well paced manner, the support from International Academy team has been great. Thanks

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Ramesh Walia

“It is a very useful course. The information given in the online course is simple to understand and complete in nature.

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very convenient, comprehensive and prompt.

Kavana Rai

i liked food, I liked quality of training,i liked study materials

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Aryan Panwar

It was good experience

Course Duration
3 Month
Course Rating

No. of Professionals who have already been certified on till today


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