Fundamentals of Managerial Accounting Module

Credential: Module

Modules provide students
with knowledge of a single
subject and are an excellent
way for students to try out
online education and learn
something new.

Discover the power of managerial accounting in making informed decisions. Dive into identifying, measuring, analyzing, and interpreting financial and operational information for enhanced business performance. Learn about budgeting, profit/loss analysis, production and inventory costing, and more. Our expert instructors provide practical applications and real-world scenarios to equip you with the skills and knowledge to excel in this dynamic field. Join us on this transformative educational journey to profoundly impact your organization’s performance.

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About This Program

Explore the world of managerial accounting, also known as cost accounting, in our comprehensive course. Learn to identify, measure, analyze, interpret, and communicate financial and operational information to support managerial decision-making. Learn budgeting, profit/loss analysis, and production and inventory costing. Equip yourself with essential skills for effective managerial accounting. Enroll now and enhance your understanding of business performance evaluation.

What You Will Learn:

  • Explore the impact of globalization and the lean business model on managerial accounting
  • Learn the relevant costing approach for effective decision-making
  • Master the basics of managerial accounting, including key concepts and techniques
  • Gain practical skills in preparing financial statements in various formats

Program Objectives:

The program aims to provide participants with a comprehensive understanding of managerial accounting principles and practices. Participants will develop skills in analyzing financial and operational performance data, interpreting findings, and communicating effectively to support executive decision-making. The program also focuses on budgeting, profit/loss analysis, and production/inventory costing, equipping participants with tools to optimize organizational success. Students will become strategic assets in driving financial and operational performance through practical examples and real-world applications.

Grading:

  • 30% Homework – Review each chapter covered.
  • 30% Quizzes – These will test your comprehension of the course material.
  • 40% Knowledge Assessments – One exam following the course.
Average Duration

2 weeks at 20 hours per week.

Language

All courses are taught in English.

Canadian Application

Apply your new knowledge and skills to a career in Canada.

Textbook Included

World-class textbooks are available with no extra cost.

Earn Credits

Module credits can be put towards a future Diploma or MicroDiploma program.

Program Textbook

Introduction to Managerial Accounting

An essential requirement for payroll administrators is to ensure that employee payments comply with all government laws and regulations and meet contractual obligations with workers, unions, benefit providers and other stakeholders. Over the last year, substantial changes have been implemented by the federal and many provincial governments, which impact payroll administration directly.

Dryden's An Introduction to Payroll Administration provides a practical and current resource for Canadian students studying to be Human Resource professionals, Accountants and Bookkeepers. A wealth of examples and demonstrations integrated throughout the chapter material enable students to become familiar with payroll concepts and develop basic calculation skills.

The Sixth Canadian Edition has been thoroughly updated to provide essential information, examples, and updated references for the administrator to research future changes.

Author:

Alan Dryden: A dynamic professor who teaches business, accounting, human resources, and payroll-related courses at post-secondary schools in the Toronto area. His academic qualifications are demonstrated through professional designations in accounting, payroll, and administration, complemented by a Master of Business Administration degree from Western University. Before transitioning to full-time teaching, Alan spent many years in accounting and general management positions in the industry.

Build Job-ready Skills To Succeed in Canada

Take advantage of an increasing job market in Canada.

4,564*

Job Postings

$44,000

Average salary

Job Opportunities

Accounting Clerk
Bookkeeper
Accounts Payable Clerk
Accounts Receivable Clerk
Payroll Clerk
CAD $45,000
CAD $45,000
CAD $44,000
CAD $44,000
CAD $44,000

Sources

These statistics are from indeed.com and payscale.com
from February, 2023 and may not represent
current employment numbers.

Skills You Will Gain

  • Networking

  • Scheduling

  • Analytics

  • Communication

  • Writing

  • Negotiation

  • Management

  • Delegation

Enroll Now To Start Today

Fundamentals of Managerial Accounting Module

$314.00

All Taxes and Fees Included

Exclusive Benefits of a Canada North College Module

Affordability: Compared to other Canadian online and in-person colleges, we offer the same high-quality education at lower prices.

Top Learning Materials: We use the best textbooks and learning platforms available, written and recognized by industry experts.

Industry-experienced Instructors: Our faculty members come from the course industry and are up to date on the latest trends and techniques.

World-Class Skills: Canadian post-secondary education is recognized the world over for its excellence in preparing students to enter the global job market.

Cost Effective: Because we are online, there is no need to obtain a student visa or incur the financial or emotional costs associated with relocating to Canada for your studies.

Career-Focused Knowledge: Graduate prepared to enter the job market that corresponds to your field of study and ready to meet employer needs.

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Everything depends on your experience, location, industry, and the job market itself. According to salary data from PayScale, the average salary for a Payroll Administrator in the United States is around $50,000 per year, starting at $35,000 per year for entry-level positions. The average salary for a Junior Accountant in the United States is around $45,000 per year, starting at $30,000 per year for entry-level positions.

All commerce programs are highly sought-after credentials as so many jobs require business skills. Most companies have a core of management, human resources, marketing, finance, and accounting personnel. With an Account, Tax, & Payroll diploma, you can join the ranks of this industry by earning essential knowledge and skills in finance and accounting.

Online learning is user-centric. Students can study at their own pace, repeat assessments, and take breaks when needed. This helps students to balance their work, education, and family without feeling overwhelmed.

Online learning is accessible. Students only need a space to work with a connection to the internet. Anyone can turn their home into a classroom with Online Learning!

Online learning costs less. NeoCanada doesn’t have classrooms, so we can charge less for the exact same learning materials that are used in Canadian Colleges and Universities. Students also save money because they don’t have to pay for transportation between the classroom and their residences.

‘Four in five Canadian post-secondary students feel the COVID-19 pandemic has fundamentally changed their expectations of a higher education experience and want a tertiary education that matches their digital lifestyle, finds new poll research by KPMG in Canada.’

Absolutely! NeoCanada is always open; you can access your course materials in the morning, afternoon, or nighttime. This helps you schedule your learning in ways that work best for you, ensuring that you have the time to complete your studies.

Canada is known for its educational excellence. This is why Canada is one of the top education destinations in the world, with over 620,000 international students enrolled.

Canadian education is recognized and highly valued around the world; employers know that it’s an accomplishment to receive a credential from a Canadian Institution.

Graduates from Canadian post-secondary institutions have higher employability rates, making them more competitive in the job market both domestically and globally.

Diplomas focus on a distinct discipline and are intended to give students a practical education to develop greater knowledge. Graduates of Diploma Programs have proven themselves to be capable individuals and are highly valuable to employers.

  • Diplomas are comprised of 4-7 MicroDiplomas

MicroDiplomas are a section of a Diploma. They are intended for students who want to upgrade their skills or get a comprehensive education in a new subject.

  • MicroDiplomas are comprised of 2-4 courses.

Modules provide students with knowledge of a single subject and are an excellent way for students to try out online education and learn something new.

You get all the benefits of a Canadian education without the travel, lodging, or time spent away from home that traditional in-person Canadian schools incur on foreign learners. You can remain in your country with your friends, family, and support networks without interrupting your current job or lifestyle. 

NeoCanada provides educational services designed to assist students in improving their qualifications and credentials for potential immigration to Canada. Our courses are designed to educate and equip you with the necessary skills and knowledge to find employment once you arrive in Canada, but we do not guarantee any specific immigration outcomes.

NeoCanada is not an immigration consulting firm or an immigration service provider. We do not provide legal advice, immigration advice, or assistance in the immigration application process. Our services are solely focused on education and skill enhancement.

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