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Strategic management accounting is a specialized branch of accounting that involves preparation of decision-oriented financial information, developing plans to manage financial performance of the organization, assisting management in formulation and implementation of an organization’s strategy. The management accounting information is typically forward-looking and helps in planning and devising strategies for future, in order to manage and enhance the financial standing of the organization in the years to come. The information is used by the management, in order to make decisions. As strategic management accounting is a specialized field, individuals considering a career in this discipline need to have undergone a specialized education program. This will help them in gaining advanced accounting, financial management and strategic management expertise required to become successful in today’s complex business environment. Program Goals Graduate certification strategic management programs aim at helping graduates in: - Gaining a perspective on the organizational techniques required for the effective execution of strategic decisions
- Understanding the critical role that managerial leadership plays in the growth of the business
- Deepen their understanding in financial accounting, management accounting, auditing and taxation
- Preparing for advanced career opportunities in accounting in just one year
- Learning of leading edge managerial and leadership practices of the best companies in the world
- Gaining hands-on exposure to the latest technology applications in the area of MIS, including ERP systems
Program Structure Centennial College’s program in strategic management in accounting is a short yet intensive program that provides graduates with the knowledge and skills to work in all sectors of business and industry. During the program tenure, students study a wide range of subjects, including advanced managerial accounting, accounting theory and policy, advanced taxation, information systems for business management, operations management for products and services, advanced auditing, advanced financial management, contemporary organizational behaviour, crafting and executing strategy, and ethics and stakeholder management. Program Highlights A large number of colleges in Toronto offer postgraduate programs in strategic management accounting. However, Centennial College offers extra benefits to its students. - The program is delivered by professors who have strong academic and industry backgrounds.
- It is a short program that helps students quickly get to the world of work.
- The teaching methodology includes extensive use of case studies and simulations.
- The program offers comprehensive coverage of all the key areas of management.
- It provides program graduates with CGA transfer credit.
The strategic management – accounting program offers excellent employment prospects. The graduates can find employment as business analysts, account managers, accounting supervisors or assistant controllers in a wide variety of industries, including government offices, financial institutions, small businesses, service industries, public accounting firms and manufacturing industries. Many students also choose to be self-employed Apart from this, students who wish to avail more advanced career opportunities can consider applying their academic credits towards further study with selected universities, institutes and professional associations. Program Eligibility In order to apply for this program, students will need: - Three-year college diploma or university degree in accounting
- A proof of English proficiency
Students with partial post-secondary education or a two-year college diploma can also apply for this program. However, they must also have a minimum of two years work experience relevant to this program.
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