Preparatory Course for Singapore Chartered Accountant Qualification - Foundation Programme – Accounting for Decision Making by LSBF

The Accounting for Decision Making module develops cost accounting techniques for planning, control and decision-making. The key focus is on analysis of relevant information for decision-making by management. Upon successful completion of this module, candidates will have gained practical knowledge through the application of various strategic management accounting tools and techniques.

• Distinguish between management accounting and financial accounting
• Evaluate the perfomance of an entity
• Measure divisional performance, including the impact of transfer pricing strategies on performance management and control.
• Evaluate business strategies in conjunction with organisational and environmental opportunities/constraints, and ensure their correlation with the goals and objectives of the entity.
• Select and apply decision-making techniques to promote the efficient, effective, legal and ethical use of scarce resources
• Demonstrate how management accounting can improve decision-making and create sustainable value to the entity.