Training on Managerial Accounting Fundamentals
Empower your business decisions. This course covers key principles and tools for effective planning, budgeting, and performance measurement.
Next intake
20 Jul 2026 · Nakuru
Duration
5 days
Live instruction
Delivery
Physical + Virtual
Cohort based
Level
Intermediate
Working professionals
Certification
NITA reimbursable
For Kenyan cohorts
Language
English
All materials
About this programme
Managerial accounting is essential for effective decision-making, planning, and control within organizations. Unlike financial accounting, which focuses on external reporting, managerial accounting emphasizes the use of financial data for internal management purposes.
This five-day training introduces participants to the core concepts, tools, and techniques of managerial accounting, including cost classification, budgeting, performance evaluation, and decision-making models. Through practical exercises, case studies, and real-world examples, participants will learn how to analyze financial data and apply it to improve efficiency, profitability, and strategic alignment.
Duration
5 Days
Who Should Attend
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Managers, supervisors, and team leaders
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Accountants transitioning into management roles
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Business owners and entrepreneurs
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Finance professionals involved in planning and budgeting
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Any professional seeking to strengthen financial decision-making skills
What you'll walk away with
By the end of this training, participants will be able to:
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Understand the role of managerial accounting in organizational decision-making.
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Classify and analyze costs for planning and control.
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Prepare and manage budgets effectively.
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Apply break-even and variance analysis for performance evaluation.
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Use financial information to support strategic and operational decisions.
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Communicate managerial accounting insights to non-finance stakeholders.
What we cover, module by module
Module 1: Introduction to Managerial Accounting
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Role of managerial vs financial accounting
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Users of managerial accounting information
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Key principles and tools of managerial accounting
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Case Study: Managerial accounting in decision-making during a crisis
Module 2: Cost Concepts and Analysis
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Types of costs: fixed, variable, direct, indirect
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Cost behavior and cost-volume-profit relationships
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Break-even analysis and contribution margin
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Practical Exercise: Calculate break-even points for different scenarios
Module 3: Budgeting and Forecasting
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Purpose and process of budgeting
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Types of budgets: operating, cash, and capital budgets
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Variance analysis and performance evaluation
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Case Study: Using budgeting to manage a departmental project
Module 4: Performance Measurement and Control
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Standard costing and variance analysis
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Key performance indicators (KPIs) for managers
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Responsibility accounting and performance evaluation
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Exercise: Analyzing budget variances and recommending corrective actions
Module 5: Decision-Making with Managerial Accounting
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Relevant costing for decision-making
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Make-or-buy and pricing decisions
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Using financial data for strategic planning
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Case Study: Evaluating a business expansion decision using managerial accounting
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Activity: Develop a mini financial plan and present recommendations
Where the change lands
Organizational Impact
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Better-informed managerial decisions supported by financial data
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Improved cost control and resource allocation
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Stronger alignment between financial performance and organizational strategy
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Enhanced accountability through budgeting and performance measurement
Individual Impact
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Increased ability to interpret and use financial data in decision-making
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Greater confidence in budgeting and cost management
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Enhanced problem-solving and analytical skills
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Career advancement through stronger financial acumen
Dates and locations
Upcoming intakes
Every intake is limited to a small cohort. Booking closes when a date fills or three weeks before the start, whichever comes first.
| City | Starts | Ends | Delivery | Book |
|---|---|---|---|---|
NakuruNext | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Kigali | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Accra | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Kisumu | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Johannesburg | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Dakar | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
- NakuruNext
20 Jul → 24 Jul·In-Person
Book this intake - Kigali
20 Jul → 24 Jul·In-Person
Book this intake - Accra
20 Jul → 24 Jul·In-Person
Book this intake - Kisumu
27 Jul → 31 Jul·In-Person
Book this intake - Johannesburg
27 Jul → 31 Jul·In-Person
Book this intake - Dakar
27 Jul → 31 Jul·In-Person
Book this intake
Common questions.
Still not sure? Send us a note and a facilitator will get back to you within a business day.
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Course finder
Find the right course for you
Prefer to talk it through? Send us an enquiry and a facilitator will scope a fit within a business day.
For corporate teams
Training 10+ professionals?
We deliver Training on Managerial Accounting Fundamentals in-house at your offices, at a venue we arrange, or fully virtual. Customise the curriculum against your KPIs, and get a bespoke price for the cohort size you need.