Management Control Systems (CPE Course)

CPE Credit: 3 hours

Course Type: Downloaded PDF materials with online test

Price (with PDF Textbook): $35

Course Description
An essential task for any manager is to align the activities of employees with those of the organization. A management control system can ensure that this happens. In the Management Control Systems course, we discuss the nature of these systems, the types of controls contained within them, and how to align the planning, incentive, and reporting functions to make them more effective. The course also covers how to design a management control system, control its cost, make ethical decisions, and several related topics.

Author: Steven Bragg

Course Number: AC1177

Learning Objectives

  • Recognize the characteristics of a management control system and a system of corporate governance.

  • Recall the components of a management control system.

  • Recognize the characteristics of the different types of controls.

  • Specify the process for making ethical decisions.

  • Recall the types of direct and indirect costs of a management control system.

  • Recognize the different types of transfer pricing schemes.

  • Recall the advantages of having a well-coordinated planning system.

  • Recognize the behavioral impacts of having a budget.

  • Specify the issues associated with the design of incentive systems.

  • Recall the characteristics of the financial performance measures used as part of a management control system.

  • Recognize the steps required to design an effective management control system.

Level: Overview

Instructional Method: QAS Self-Study

NASBA Category: Accounting

Prerequisites: None

Advance Preparation: None

Latest Review Date: June 2024

Program Registration Requirements: Click on "Purchase Course" near the top of this page to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.

Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.

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AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

The NASBA sponsor identification number for Accountingtools, Inc. is 115881.

AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.