Foundations of Management Accounting


Foundations of Management Accounting is a specialized course within the Accounting Certification at Bouyela Education Corporation. This course focuses on the principles and techniques of management accounting, enabling learners to support business decision-making, budgeting, and cost management within organizations.

In this course, students will:

  • Understand the role of management accounting in business strategy and operations.

  • Learn to analyze costs, budgets, and performance metrics for informed decision-making.

  • Explore cost allocation, variance analysis, and financial planning.

  • Develop practical skills to support managerial decisions and improve operational efficiency.

  • Apply management accounting principles to real-world business scenarios.


📌 Possible Positions After Completion:

  • Management Accounting Assistant – support internal financial analysis and reporting

  • Cost Analyst – monitor and analyze organizational costs

  • Budget Coordinator – assist in budgeting and financial planning

  • Financial Planning Support – provide data and analysis for management decisions

  • Administrative Finance Support – support business operations with accounting insights


📍 Delivery & Assessment:

  • Hybrid format: Attend in-person at one of our campuses or participate remotely.

  • In-person assessment and evaluation conducted at the campus.


⏱ Duration & Schedule Options:

  • Part-time: 9 weeks, 1 session per week – $400

  • Full-time (accelerated): 5 weeks, 2 sessions per week – $800


🎓 Who Can Enroll:

  • High school, college, and university students

  • Applicants may be required to complete preparatory courses in math or English if additional support is needed

👉 Register today at bec@bec.center


Foundations of Management Accounting is typically taken after completing the core accounting courses (Accounting 1, 2, and 3) for the following reasons:

  1. Prerequisite Knowledge:

    • The course assumes students already understand basic accounting principles such as bookkeeping, financial statements, and transaction analysis.

    • Concepts like cost allocation, budgeting, and variance analysis rely on understanding financial reporting learned in earlier accounting courses.

  2. Application-Focused:

    • Management accounting focuses on using accounting information to make business decisions, rather than just recording transactions.

    • Without foundational accounting knowledge, students may struggle to interpret and analyze financial data for managerial purposes.

  3. Recommended Sequence in Certification:

    • Step 1: Accounting 1 – Foundation of Accounting

    • Step 2: Accounting 2 – Intermediate Accounting

    • Step 3: Accounting 3 – Advanced Accounting

    • Step 4: Accounting and SMEs – Applied accounting for small businesses (optional alongside management accounting)

    • Step 5: Foundations of Management Accounting – For decision-making, budgeting, and cost analysis

Students should complete Accounting 1–3 before enrolling in Foundations of Management Accounting.