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

The Professional Diploma in Accounting & Cost Management (PDACM) is designed to equip participants with a strong foundation in financial accounting, corporate finance, and cost management. This program provides an in-depth understanding of accounting principles, financial strategy, cost analysis, budgeting, auditing, and financial compliance.
Participants will learn to analyze financial statements, develop cost management strategies, manage budgets, and evaluate business performance using financial metrics. The program emphasizes practical applications, ensuring that participants are prepared to handle real-world financial challenges and drive business efficiency through effective cost control and financial management.
The course combines theoretical insights with practical case studies, enabling participants to make informed financial decisions, manage risk, improve business performance, and ensure compliance with governance and regulatory standards.

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.

M-1: Generational forms of Business

M-2: Organization, Objectives & Decisions

M-3: Introduction to Accounting

M-4: Introduction to FM

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

M-9: Introduction of cost accounting

M-10: Introduction to Management Accounting

M-11: Activity Based Costing

M-12: Budget and Budgetary Control

M-13: Mergers & Acquisitions

M-14: Time Value of Money

M-15: Operating and Financial Leverage

M-16: Dividend-Policy & Decisions

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

M-21: Cost Volume Profit (CVP) Analysis

M-22: Budgeting & Forecasting

M-23: Performance Measurement & Variance Analysis

M-24: Pricing Strategies & Revenue Management

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

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

Pre-Course Assignment

32 Practical Focus Module
4 Reference Book
Post Completion:
- Electronic Certificate
- Digital Badge via Credly.com
- Printed Certificate Available
- Printed Transcript 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.

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.

Features:

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

Assignment:

Total Assignments:
1 Pre-Course Assignment (Learning Purpose)
1 Capstone Projects
- Total 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."

Exam Guideline

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%

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