ACCOUNTING & LEARNING

Management Accounting Academy

Learn management accounting by running a made-up bicycle maker, Meridian Bikes. Nine modules and 37 lessons: how costs behave, inventory and labour, overheads, absorption, marginal, process and activity-based costing, budgets, standard costing and variances, decisions (break-even, limiting factors, relevant costs, pricing), divisional performance and investment appraisal. Sixteen simulations: run the factory for a month, manage the tyre store through a year of random demand, close the month’s overheads, build a budget that keeps cash positive, live through a month of surprises and explain the variances, play the pricing game, fill a bottleneck, sit at the decision desk and on the investment board. Practice questions with new figures every time, in dollars, euros or pounds.

Ready to try · Learn management accounting by running a made-up bicycle maker, Meridian Bikes. Nine modules and 37 lessons: how costs behave, inventory and labour, overheads, absorption, marginal, process and activity-based costing, budgets, standard costing and variances, decisions (break-even, limiting factors, relevant costs, pricing), divisional performance and investment appraisal. Sixteen simulations: run the factory for a month, manage the tyre store through a year of random demand, close the month’s overheads, build a budget that keeps cash positive, live through a month of surprises and explain the variances, play the pricing game, fill a bottleneck, sit at the decision desk and on the investment board. Practice questions with new figures every time, in dollars, euros or pounds.