In a highly competitive corporate environment, more managers and business owners are seeking to streamline processes and optimise the use of resources. Those working in cost and management accounting roles are responsible for providing information that can guide economical decision-making, and play an important part in maximising profit by controlling financial wastage.
The University of Cape Town (UCT) Cost and ManagementAccounting online short course introduces you to the core principles of this function and covers a range of central concepts, such as job costing, process costing, absorption costing, and variable costing. You’ll discover how to use costings to make informed management decisions, and learn to perform a cost-volume-profit (CVP) analysis and manage funds through budgets.
On completion of this course, you’ll walk away with:
The ability to estimate and report on business costs, and compile reliable budgets for products
An understanding of how to cut costs to maximise profits
The skills to analyse financial information and apply insights to set goals and improve resource management
Sound cost management knowledge you can draw on to make critical business decisions
Is this course for you?
This course is designed for finance and accounting professionals looking to refresh their knowledge and gain specific skills in the field of cost and management accounting. It’s also aimed at managers who want to improve their ability to make sound decisions based on financial insights, and business owners and entrepreneurs who need knowledge of costing techniques and systems.
Learn how tocalculate and analyse business expenses as you work through the weekly modules of this online short course.
Orientation Module Welcome to your Online Campus
Module 1 Introduction to cost and management accounting
Module 2 Absorption and variable costing
Module 3 Cost-volume-profit analysis
Module 4 Budgeting
Module 5 Inventory management
Module 6 Costing systems
Module 7 Standard costing
Module 8 The evaluation of business decisions
Earn a certificate from the University of Cape Town (UCT)
Grasp the principles of cost and managementaccounting and earn an official certificate of completion from the University of Cape Town.
Your certificate will be issued in your legal name and sent to you upon successful completion of the course, as per the stipulated requirements.
At GetSmarter, we improve lives through better education. One of the ways that we achieve this is by bringing rich industry context to an academic environment through our expert facilitation and engagement. We work with university faculty and industry experts to provide a practical, industry lens on the world's leading university subjects.
Senior Lecturer in Accounting
When do I start?
Our next available short course starts 19 October 2020.
You can either pay your tuition fees in full before the course starts, or you may opt for a two-part payment plan for courses nine weeks and shorter. For courses ten weeks or longer, there is a three-part payment plan available. To find out more on payment options please visit our Payment and Financing page.
GetSmarter's learning model is designed to help you, as a working professional, improve your skills without compromising on work and family responsibilities. The course work is broken up into weekly, manageable bite-sized modules, with incremental deadlines, designed to help you pace yourself over the duration of the course and allow you the legroom to work when it suits you best.
At the beginning of each week you'll be presented with all the lectures, notes and assignments necessary for completion. You also have access to your Success Advisor who will help you set goals and track key milestones, manage your time, and field any administrative requests you might have.
The Online Campus will be your virtual classroom for the duration of your course. Through its easy-to-use interface you'll have access to a diverse variety of course content formats, including: interactive video lectures, module notes, practice quizzes, Prezis, assignment briefs, and additional web resources.
On the Online Campus, you'll also be able to ask questions and interact with your fellow students and Head Tutor through the Online Campus discussion forums. If you're experiencing tech issues or need advice from your personal Success Advisor, you can use the Online Campus to get in touch.