It is time for you to access to better jobs thanks to a proper specialization in management accounting and management control" 

Why Study at TECH?

TECH is the world's largest 100% online business school. It is an elite business school, with a model based on the highest academic standards. A world-class centre for intensive managerial skills training.   

TECH is a university at the forefront of technology, and puts all its resources at the student's disposal to help them achieve entrepreneurial success"

At TECH Global University

Innovation

The university offers an online learning model that combines the latest educational technology with the most rigorous teaching methods. A unique method with the highest international recognition that will provide students with the keys to develop in a rapidly-evolving world, where innovation must be every entrepreneur’s focus.

"Microsoft Europe Success Story", for integrating the innovative, interactive multi-video system.  

The Highest Standards

Admissions criteria at TECH are not economic. Students don't need to make a large investment to study at this university. However, in order to obtain a qualification from TECH, the student's intelligence and ability will be tested to their limits. The institution's academic standards are exceptionally high...  

95% of TECH students successfully complete their studies.

Networking

Professionals from countries all over the world attend TECH, allowing students to establish a large network of contacts that may prove useful to them in the future.  

100,000+ executives trained each year, 200+ different nationalities.

Empowerment

Students will grow hand in hand with the best companies and highly regarded and influential professionals. TECH has developed strategic partnerships and a valuable network of contacts with major economic players in 7 continents.  

500+ collaborative agreements with leading companies.

Talent

This program is a unique initiative to allow students to showcase their talent in the business world. An opportunity that will allow them to voice their concerns and share their business vision. 

After completing this program, TECH helps students show the world their talent. 

Multicultural Context

While studying at TECH, students will enjoy a unique experience. Study in a multicultural context. In a program with a global vision, through which students can learn about the operating methods in different parts of the world, and gather the latest information that best adapts to their business idea. 

TECH students represent more than 200 different nationalities.   

Learn with the best

In the classroom, TECH teaching staff discuss how they have achieved success in their companies, working in a real, lively, and dynamic context. Teachers who are fully committed to offering a quality specialization that will allow students to advance in their career and stand out in the business world. 

Teachers representing 20 different nationalities. 

TECH strives for excellence and, to this end, boasts a series of characteristics that make this university unique:   

Analysis

TECH explores the student’s critical side, their ability to question things, their problem-solving skills, as well as their interpersonal skills.  

Academic Excellence

TECH offers students the best online learning methodology. The university combines the Relearning method (a postgraduate learning methodology with the highest international rating) with the Case Study. A complex balance between tradition and state-of-the-art, within the context of the most demanding academic itinerary.  

TECH is the world’s largest online university. It currently boasts a portfolio of more than 10,000 university postgraduate programs. And in today's new economy, volume + technology = a ground-breaking price. This way, TECH ensures that studying is not as expensive for students as it would be at another university.  

At TECH, you will have access to the most rigorous and up-to-date case studies in the academic community”

The Postgraduate diploma in Management Accounting and Management Control of TECH Global University is a program with total flexibility for the student, since its 100% online format allows planning the study time according to the student's own interests and personal responsibilities.

A program that takes place over 6 months and with which the student will lay the foundations for his or her future financial career success. 

This is the curriculum you need to add quality to your career in the world of finance"

Syllabus

This Postgraduate diploma in Management Accounting and Management Control from TECH Global University is a complete program that instructs its students in everything related to high-level accounting. 

Throughout 375 hours, the student analyzes a multitude of practical cases through individual and teamwork. It is, therefore, an authentic immersion in real business situations. 

It deals in depth with all financial areas of the company, aiming to train managers who understand financial management from a strategic, international and innovative perspective. 

The program focuses precisely on the professional and personal improvement of students, helping them to boost their careers in a unique way and with innovative content. Using the latest trends in educational methodology and supported by an exceptional faculty, this University Expert is an excellent opportunity for all professionals in the financial field who want to add an even more specialized base to their curriculum. 

This Postgraduate diploma takes place over 6 months and is divided into 4 modules:

Module 1. Financial Accounting
Module 2. Executive Accounting
Module 3. Strategic Planning and Management Control
Module 4. International Finance

Where, When and How is it Taught?

TECH offers you the possibility to study this Postgraduate diploma in Management Accounting and Management Control completely online. Throughout the 6 months of training, you will be able to access all the contents of this program at any time, allowing you to self-manage your study time. 

Module 1. Financial Accounting

1.1. Elements and Formulation of the Financial Statements

1.1.1. Balance Sheet, Profit and Loss Statement and Annual Report
1.1.2. Statement of Changes in Shareholders' Equity
1.1.3. Statement of Cash Flows
1.1.4. Rules for Filling in Formulation of the Financial Statements
1.1.5. Models for Financial Statements

1.2. Assessment Criteria

1.2.1. Historical Coste
1.2.2. Fair Value
1.2.3. Net Realizable Value
1.2.4. Value in Use
1.2.5. Book Value
1.2.6. Creative Accounting

1.3. Property, Plant and Equipment and Intangible Assets

1.3.1. Regulations and Forms of Acquisition
1.3.2. Amortizations
1.3.3. Impairment Losses or Disposal Losses
1.3.4. Real Estate Investments

1.4. Financial Instruments

1.4.1. Financial Assets
1.4.2. Financial Liabilities
1.4.3. Risk Assessment, Identification and Management
1.4.4. Hedging and Trading Operations
1.4.5. Accounting for Equity Instruments

1.5. Study and Valuation of Shareholders' Equity

1.5.1. Equity in the Balance Sheet
1.5.2. Grants, Donations and Legacies
1.5.3. Shareholders' Equity and Adjustments for Changes in Value

1.6. Restructuring Operations

1.6.1. Mergers
1.6.2. Spin-Offs
1.6.3. Non-Cash Contributions
1.6.4. Value Swaps

1.7. Income Tax

1.7.1. Corporate Income Tax Structure
1.7.2. Calculation and Recording of Accrued Corporate Income Tax Expense
1.7.3. Permanent and Temporary Differences

1.8. Foreign Currency Accounting

1.8.1. Functional and Presentation Currency
1.8.2. Valuation of Monetary and Non-Cash Items
1.8.3. Temporary Differences on Transactions in Foreign Currencies

Module 2. Executive Accounting

2.1. Fundamentals of Management Accounting 

2.1.1. Management Accounting Objectives
2.1.2. Qualitative Characteristics of Accounting Information
2.1.3. Evolution of Management Accounting

2.2. From General Ledger Accounting to Cost Accounting

2.2.1. Costing Elements
2.2.2. Stock in General Accounting and Cost Accounting
2.2.3. Expense in General Accounting and Cost Accounting
2.2.4. Classification of Costs

2.3. Cost-Volume of Operations-Benefits Analysis

2.3.1. Characteristics and Assumptions of the Cost-Volume-Benefit
2.3.2. Break-Even Point
2.3.3. Safety Margin
2.3.4. Uncertainty Situations in Cost-Volume-Benefit Analysis

2.4. Full Costing

2.4.1. Fundamentals and Classification
2.4.2. Cost Apportionment Phases and Methods
2.4.3. Choice of Cost Center and Bill of Exchange

2.5. Direct Costing

2.5.1. Analytical Results of Direct Costing as a Management Tool
2.5.2. Fixed and Variable Costs: Classification
2.5.3. Semi-Gross Margin for Productivity Study
2.5.4. Analytical Balance Sheet Study

2.6. Budget Control

2.6.1. Budget Planning and Control
2.6.2. Operating Budgets
2.6.3. Modes of Budgeting
2.6.4. Budget Control and Deviations

2.7. Standard Costs

2.7.1. Definition and Types of Standard Costs
2.7.2. Flexible Budgeting of Indirect Charges
2.7.3. Full Cost Center and Full Cost Model
2.7.4. Variances in Standard Cost Accounting

2.8. Decision-Making in Management Accounting 

2.8.1. Production and Cost Organization for Decision Making
2.8.2. Analysis of Economic-Financial Statements and their Impact on Business Decisions
2.8.3. Financial Information for Decision Making in the Short and Long Term
2.8.4. Dealing with Uncertainty in Decision Making
2.8.5. Planning and Cost Analysis for Competitive Advantage 

Module 3. Strategic Planning and Management Control

3.1. Management Control

3.1.1. Financial Policy and Growth
3.1.2. Information as a Management Control Tool
3.1.3. Management Control as a Planning and Management System
3.1.4. Functions of the Controller
3.1.5. Scope of Management Control

3.2. Financial Information and Management Decisions

3.2.1. Financial or Legal Accounting
3.2.2. Analytical or Cost Accounting
3.2.3. Control Accounting

3.3. Treasury Management

3.3.1. Accounting Capital and Required Working Capital
3.3.2. Calculation of Operating Cash Requirements
3.3.3. Credit Management
3.3.4. Fund, Wealth and Family Office Management

3.4. Cash Management

3.4.1. Bank Financing of Working Capital
3.4.2. Treasury Department Organization
3.4.3. Centralized Treasury Management

3.5. Planning and Control of Responsibility Centers

3.5.1. Design of a Management Control System
3.5.2. Management Control Deviations

3.6. The Process of Strategic Formulation and Planning

3.6.1. Formulation and Content of the Strategic Plan
3.6.2. Balanced Scorecard
3.6.3. Terminology and Basic Concepts

3.7. Organizational Planning

3.7.1. Business Units and Transfer Pricing
3.7.2. Manufacturing, Production, Support and Sales Centers
3.7.3. Roles and Responsibilities of Financial Management

3.8. Indicators as a Control Tool

3.8.1. Control Panel
3.8.2. Number and Format of Indicators
3.8.3. Strategic Planning

Module 4. International Finance

4.1. Business and International Strategy

4.1.1. Internationalisation
4.1.2. Globalization
4.1.3. Growth & Development in Emerging Markets
4.1.4. International Monetary System

4.2. Foreign Exchange Market

4.2.1. Foreign Exchange Transactions
4.2.2. The Forward Foreign Exchange Market
4.2.3. Derivative Instruments for Hedging Foreign Exchange and Interest Rate Risk
4.2.4. Currency Appreciation and Depreciation

4.3. International Payment and Collection Methods

4.3.1. Bills, Personal Check and Bank Check
4.3.2. Transfer, Payment Order and Remittance
4.3.3. Documentary Clauses and Credits
4.3.4. Factoring, International Swap and Other Means

4.4. Financing Operations in International Markets

4.4.1. Incoterms
4.4.2. Derivative Instruments to Hedge Possible Fluctuations in the Price of Raw Materials
4.4.3. Export Credits With Official Support
4.4.4. Hedging with Swap Contracts
4.4.5. The OECD Consensus

4.5. International Financial Institutions

4.5.1. The Fund for the Internationalization of the Company
4.5.2. The World Bank Group
4.5.3. The Inter-American Development Bank
4.5.4. The Caribbean Development Bank

4.6. Formation of Exchange Rates

4.6.1. Interest Rate Parity Theory
4.6.2. Theory of Exchange Rate Expectations
4.6.3. Purchasing Power Parity (PPP) Theory
4.6.4. Capital Market Balance

4.7. Debt Conversion Programs

4.7.1. Legal Framework
4.7.2. Operation
4.7.3. Conversion of Debt into Public Investments
4.7.4. Conversion of Debt into Private Investments

4.8. International Stock Market

4.8.1. Wall Street Market (New York)
4.8.2. Gold Market
4.8.3. World External Debt