Advanced professional course
Managerial Accounting
Turn cost information into better decisions: constrained choices, pricing, budgeting, divisional performance, incentives and decision-ready reporting.
₹1,999 one-time
Buy the course — ₹1,999 See the curriculum
What this course teaches
Managerial accounting is the discipline of using cost information to make better decisions. This course goes beyond the textbook formulas to the questions managers actually face: what to make with scarce capacity, how to price, which customers really make money, how to plan and budget without distorting behaviour, how to judge divisions and set transfer prices, and how to design measures and incentives that people do not game.
The lessons follow Orbis Home Appliances, a fictional three-division manufacturer and retailer, and Lumen Logistics, a fictional service business. The decisions are deliberately messy: constraints bind, objectives conflict and the numbers do not always point the same way as the people.
Who it is for
- Finance business partners, FP&A professionals and management accountants supporting operational and commercial decisions.
- Finance managers and controllers responsible for budgeting, divisional reporting and performance measurement.
- Consultants and general managers who need to evaluate decisions with financial and non-financial consequences.
- Experienced learners preparing for advanced management accounting examinations.
Prerequisites
Working knowledge of cost behaviour, contribution margin, basic budgeting and standard costing (the Cost Accounting course covers these in depth).
You should know cost behaviour, contribution margin, basic budgeting and standard costing. The Cost Accounting course covers those foundations in depth.
What you will be able to do
- Connect cost management to strategy with value-chain analysis, target and life-cycle costing and cost-driver analysis.
- Apply multi-product CVP under uncertainty and with non-linear costs.
- Make constrained decisions using relevant costs, limiting factors, linear programming and shadow prices.
- Price with demand economics and measure customer, channel and product profitability including cost-to-serve.
- Build driver-based budgets, rolling forecasts and an integrated master and cash budget.
- Attribute performance with flexible budgets and apply responsibility accounting and controllability realistically.
- Evaluate divisions with ROI, residual income and EVA and set transfer prices that support group value.
- Design scorecards, KPIs and incentives, anticipate behavioural effects and support investment decisions.
- Present decision-ready recommendations and handle ethical pressure using the IMA Statement of Ethical Professional Practice.
Curriculum
10 modules, 50 lessons, a final assessment and a capstone project. Each lesson includes worked examples, original charts or diagrams, an exercise with a full solution and a knowledge check. Times are estimates based on the actual lesson content.
Module 1: Strategic Cost Management · about 3.9 h
Connect cost information to strategy and the value chain.
Module 2: Cost Behaviour and Multi-Product CVP · about 4.4 h
Use CVP with multiple products, uncertainty and non-linear costs.
- CVP Assumptions and Where They Break · 46 min
- Multi-Product Break-Even · 52 min
- Operating Leverage and Business Risk · 50 min
- CVP Under Uncertainty · 42 min
- Step Costs and Non-Linear CVP · 72 min
Module 3: Relevant Costing and Constrained Decisions · about 4.1 h
Make the right choice when resources are scarce.
Module 4: Pricing and Customer Profitability · about 4.0 h
Price with economics and measure who really makes money.
- Pricing Approaches · 48 min
- Optimal Pricing with Demand Functions · 42 min
- Customer Profitability Analysis · 45 min
- Cost-to-Serve by Customer and Channel · 43 min
- Product-Line Profitability and Rationalisation · 65 min
Module 5: Budgeting and Planning · about 4.2 h
Plan with budgets that inform rather than distort.
Module 6: Flexible Budgets and Performance Attribution · about 4.1 h
Attribute performance fairly to volume, price, efficiency and responsibility.
- Static vs Flexible Budgets · 49 min
- Flexible-Budget Variance Attribution · 47 min
- Responsibility Centres · 44 min
- The Controllability Principle in Practice · 44 min
- Writing Variance Commentary Managers Can Use · 64 min
Module 7: Divisional Performance and Transfer Pricing · about 4.2 h
Measure divisions and price internal transactions without destroying value.
Module 8: Performance Measurement and Incentives · about 4.4 h
Design measures and incentives that drive the intended behaviour.
- Balanced Scorecard and Strategy Maps · 46 min
- Operational KPIs and Leading Indicators · 58 min
- Incentive Design · 46 min
- Behavioural Effects of Control Systems · 47 min
- Non-Financial and Sustainability Metrics · 68 min
Module 9: Supporting Investment Decisions · about 4.3 h
Bring management accounting discipline to capital investment.
Module 10: Management Reporting and Integrated Decisions · about 4.5 h
Communicate decisions clearly and act ethically under pressure.
- Designing Decision-Oriented Management Reports · 47 min
- Visualising Management Information · 44 min
- Integrated Simulation: Capacity, Pricing and Mix · 54 min
- Communicating Recommendations · 46 min
- Ethics Under Pressure · 79 min
Final assessment and capstone
- Final assessment · 180 min
- Capstone project · 480 min
Practical work and assessment
- Every lesson has a full worked example, an exercise with a complete solution and a knowledge check with explanations.
- Each module ends with an integrative checkpoint including numeric problems and a written decision question.
- A 40-question final assessment (pass mark 70%) plus three written questions with marking guides.
- Capstone: a board decision paper on how Orbis should fulfil online orders over five years, comparing four options under uncertainty with divisional, incentive and non-financial effects, assessed against a rubric with a full model solution.
A look inside
Decision lessons are built on worked models you can reproduce. This chart from Module 3 shows the feasible production region on a constrained line and where the profit-maximising plan sits.
What is included for ₹1,999
- All 50 lessons, the final assessment and the capstone project, with model answers.
- Original charts, diagrams and data exhibits, plus downloadable CSV datasets for the exercises.
- Progress tracking and saved assessment scores when you are signed in.
- Access from your account on any device for as long as the course is offered on this site.
This is self-paced, text-based learning. It does not include live sessions, personal tutoring, a formal qualification or continuing professional education (CPE/CPD) credit.
About the instructor
The course is written and published by Aditya Gupta, who has spent 12 years working with startups in Europe and the US, including fractional-CFO work for Y Combinator-backed startups. More about Aditya.
Frequently asked questions
How is this different from the Cost Accounting course?
Cost Accounting teaches how cost information is produced. Managerial Accounting teaches how to use it for decisions, planning, control and incentives, including the behavioural side. The courses cross-reference each other.
Is the international transfer-pricing lesson tax advice?
No. It explains the arm's-length principle and the tension between tax and management objectives at a conceptual level. Specific transfer-pricing questions need a qualified tax adviser.
How do I get access after paying?
Payment is processed by Razorpay. When the payment is confirmed, your order is marked paid and the lessons unlock for the account linked to your order email. You receive an email with your sign-in details; you can also find the course under My Account → My Courses.
Can I get a refund?
Yes, within 7 calendar days of purchase if you have completed less than 25% of the lessons, as set out in our Refund & Cancellation Policy. Email the address in the policy with your order number.
Do I get a certificate or CPE credit?
No. The course is not accredited and does not award CPE/CPD credit or a professional qualification. Your scores and progress are saved to your account for your own records.
Are the companies in the case studies real?
No. Case companies and datasets are fictional and built for teaching. Where a lesson refers to a real standard or a well-documented public case, it says so.
See the Refund & Cancellation Policy and Terms of Service. Educational content only — not investment, legal or tax advice.
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