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$87.00 – $107.00
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Management Control Systems
Format
Self-Study
Course Level
Overview
CPE Credits
3 Credits: Accounting
Course Description
An essential task for any manager is to align the activities of employees with those of the organization. A management control system can ensure that this happens. In the Management Control Systems course, we discuss the nature of these systems, the types of controls contained within them, and how to align the planning, incentive, and reporting functions to make them more effective. The course also covers how to design a management control system, control its cost, make ethical decisions, and several related topics.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Recognize the characteristics of a management control system and a system of corporate governance.
- Recall the components of a management control system.
- Recognize the characteristics of the different types of controls.
- Specify the process for making ethical decisions.
- Recall the types of direct and indirect costs of a management control system.
- Recognize the different types of transfer pricing schemes.
- Recall the advantages of having a well-coordinated planning system.
- Recognize the behavioral impacts of having a budget.
- Specify the issues associated with the design of incentive systems.
- Recall the characteristics of the financial performance measures used as part of a management control system.
- Recognize the steps required to design an effective management control system.
Course Specifics
SS124389596
July 2, 2024
There are no prerequisites.
None
69
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
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Steven M. Bragg, CPA, is a full-time book and course author who has written more than 300 business books and courses. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and …
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