Skip to main contentSkip to Xpert Chatbot

University of Cape Town: Cost and Management Accounting

Learn how to apply costing techniques and generate financial insights to inform key business decisions.

Learn how to apply costing techniques and generate financial insights to inform key business decisions.

...
This course is offered by , an edX partner
8 weeks
7–10 hours per week
Starts Mar 31, 2025
Enroll by Apr 6, 2025
Instructor-paced
Instructor-led on a course schedule

Get more information

Want to know more? Enter your information to learn more about this course from GetSmarter (an edX partner).

Get more information

Want to know more? Enter your information to learn more about this course from GetSmarter (an edX partner).

8 weeks
7–10 hours per week
Starts Mar 31, 2025
Enroll by Apr 6, 2025
Instructor-paced
Instructor-led on a course schedule

About this Course

In a highly competitive corporate environment, more managers and business owners are seeking to streamline processes and optimize the use of resources. Those working in cost and management accounting roles are responsible for providing information that can guide economical decision-making, and play an important part in maximizing profit by controlling financial wastage.

The University of Cape Town (UCT) Cost and Management Accounting online short course introduces you to the core principles of this function and covers a range of central concepts, such as job costing, process costing, absorption costing, and variable costing. You’ll discover how to use costings to make informed management decisions, and learn to perform a cost-volume-profit (CVP) analysis and manage funds through budgets.

This course is designed for finance and accounting professionals looking to refresh their knowledge and gain specific skills in the field of cost and management accounting. It’s also aimed at managers who want to improve their ability to make sound decisions based on financial insights, and business owners and entrepreneurs who need knowledge of costing techniques and systems.

Course curriculum

Skip Course curriculum

Learn how to calculate and analyze business expenses as you work through the weekly modules of this online short course.

Orientation module: Welcome to your Online Campus

Module 1: Introduction to cost and management accounting

Module 2: Absorption and variable costing

Module 3: Cost-volume-profit analysis

Module 4: Budgeting

Module 5: Inventory management

Module 6: Costing systems

Module 7: Standard costing

Module 8: The evaluation of business decisions

About the certificate

Acquire a solid understanding of cost and management accounting principles and earn an official certificate of completion from the University of Cape Town.

Assessment is continuous and based on a series of practical assignments completed online. In order to be issued with a digital certificate, you’ll need to meet the requirements outlined in the course handbook. The handbook will be made available to you as soon as you begin the course.

Your certificate will be issued in your legal name and sent to you digitally upon successful completion of the program, as per the stipulated requirements. Please note, due to additional administrative requirements, at times UCT course certificate delivery may be delayed by several weeks/months.

Some facts about the subject

5 principles

Eliminating unnecessary costs is one of five core pillars in cost accounting.

Chron (2018).

25%

The proportion of accounting and finance leaders surveyed who are concerned about underestimating business spend in annual budgets.

GetApp (2019).

Why choose GetSmarter?

GetSmarter, an edX partner, delivers career-relevant, fully supported, and expert-led online courses from the world's leading universities and institutions. As an online learning expert with over 15 years' experience, GetSmarter leverages long-standing expertise in market research, data analysis, and business insights to ensure that you gain the skills critical to career growth.