Professional Diploma in Accounting & Cost Management [PDACM]-Self Paced

By the end of this program, participants will be able to:

• Understand the Fundamentals of Accounting and Finance – Gain a solid foundation in financial accounting and corporate finance.
• Develop Expertise in Cost and Management Accounting – Learn how to analyze and control costs through strategic planning.
• Master Budgeting and Forecasting – Develop methods to create accurate budgets and financial forecasts.
• Analyze Financial Performance – Learn how to evaluate business performance using financial statements and ratios.
• Manage Corporate Finance Strategies – Understand mergers, acquisitions, and dividend policies.
• Implement Internal Controls and Governance – Develop strategies to prevent fraud and ensure regulatory compliance.
• Use Managerial Accounting for Decision-Making – Learn to apply cost-volume-profit analysis and performance measurement techniques.
• Apply Financial Strategy to Business Growth – Develop strategies to enhance profitability and financial performance.
• Develop Risk Mitigation Strategies – Learn how to identify and manage financial risks.
• Foster a Culture of Cost Management – Create a sustainable cost management framework within the organization.

Units & Modules:

U-1: Introduction to Business, Finance & Accounting
M-1: Generational forms of Business
M-2: Organization, Objectives & Decisions
M-3: Introduction to Accounting
M-4: Introduction to FM

U-2: Corporate Finance & Accounting
M-5: Fundamentals of Corporate Accounting
M-6: Role and Functions of Accountant in Organization
M-7: Recording and Classifying Business Transaction
M-8: Preparation of Final Accounts & Related Matters 

U-3: Cost and Management Accounting
M-9: Introduction of cost accounting
M-10: Introduction to Management Accounting
M-11: Activity Based Costing
M-12: Budget and Budgetary Control

U-4: Advanced Accounting & Financial Strategy
M-13: Mergers & Acquisitions
M-14: Time Value of Money
M-15: Operating and Financial Leverage
M-16: Dividend-Policy & Decisions

U-5: Governance Audit & Financial Compliance
M-17: Good Governance for Corporate
M-18: Introduction to Internal Auditing
M-19: Control Concepts and Frameworks
M-20: Internal Controls and Fraud Detection

U-6: Managerial Accounting
M-21: Cost Volume Profit (CVP) Analysis
M-22: Budgeting & Forecasting
M-23: Performance Measurement & Variance Analysis
M-24: Pricing Strategies & Revenue Management

U-7: Managerial Economics
M-25: Introduction to Managerial Economics
M-26: Meaning, Scope & Methods of Managerial Economics
M-27: Managerial Economics & Business Strategy
M-28: Managerial Economics a Problem-solving Approach

U-8: Essentials of Cost Management
M-29: Fundamentals of Cost Management
M-30: Project Cost Management
M-31: Traditional Cost Management Systems
M-32: Cost Management a Culture to be Nurtured

Upon completing the program, participants will be able to:

• Develop and implement corporate finance strategies.
• Analyze and interpret financial statements for decision-making.
• Manage financial risk and ensure compliance with governance standards.
• Apply cost management techniques to improve profitability.
• Develop and manage business budgets and forecasts.
• Evaluate business performance using financial analysis techniques.
• Improve operational efficiency through cost control strategies.
• Develop and implement internal control frameworks to prevent fraud.
• Manage mergers and acquisitions effectively.
• Develop and execute financial strategies to enhance business growth.

This program is Validated and Quality Assured by ProfQual - UK. [www.profqual.org.uk]

Features:
Duration: 6 Months
Modules: 32
Short Video Materials: Yes
Mode of Learning: Self-Paced

Exam Method:
Number of Exams: 08 (Each unit has One Exam)

• Number of Questions: 20 MCQ Questions + 2 Written Questions (Each Exam)
• MCQ Question Mark: 2 * 20=40
• Written Question Mark: 30 * 2= 60
• Exam Duration: 60 Minutes
• Total Marks: 100 (Each Exam)
• Pass Mark: 50%

Assignment: 

• Total Assignments: 
• 1 Pre-Course Assignment (Learning Purpose)
• 1 Capstone Projects
  • Each Assignment Marks: 300
  • Pass Mark: 50%

Name: James Mwangi
Designation: Financial Manager
Country: Kenya
"This course gave me a deep understanding of financial statements and cost control techniques. I feel confident managing business finances."

Name: Abigail Mensah
Designation: Business Analyst
Country: Ghana
"Learning about financial strategy and performance measurement has helped me improve business profitability."

Name: David Banda
Designation: Accountant
Country: South Africa
"The course provided practical tools to analyze and improve financial performance in my organization."

Name: Sarah Okeke
Designation: Operations Manager
Country: Nigeria
"Understanding cost management and budget control has helped me reduce operational costs."

Name: Joseph Kamau
Designation: Finance Officer
Country: Tanzania
"The financial compliance and internal auditing module was particularly helpful in improving risk management within my organization."

• 32 Practical Focus Module
• 4 Reference Book
• Post Completion:
  • Electronic Certificate
  • Digital Badge via Credly.com
  • Printed Certificate available

• Financial Accounting
  • Proficiency in preparing and analyzing financial statements.
• Cost Management
  • Competence in controlling costs and improving business efficiency.
• Budgeting and Forecasting
  • Ability to create and manage business budgets.
• Corporate Finance
  • Skill in managing business financing, investment, and dividend decisions.
• Managerial Accounting
  • Expertise in using financial data to guide business decisions.
• Internal Auditing and Control
  • Ability to develop internal controls and ensure financial compliance.
• Financial Performance Analysis
  • Skill in measuring business performance using financial ratios and KPIs.
• Business Strategy and Risk Management
  • Competence in aligning financial strategies with business objectives.