Managerial Accounting / Cost Accounting

Managerial Accounting / Cost Accounting

Language: English
Created by: Robert (Bob) Steele
Rate: 4.5 / 940 ratings
Enroll: 91,555 students

What you’ll learn

  • How a job order costing system works and what type of business would use it
  • How a process costing system works and what type of business would use it
  • Cost volume profit analysis (CVP) and how CVP tools can be used to make business decisions rationally
  • How to construct a master budget
  • How to construct a flexible budget and use it to make rational decissions
  • How to use responsibility accounting to hold different areas of a business accountable in a rational way
  • Relevant cost analysis as a took to make rational business decissions
  • Time value of money techniques to help make decision about long term projects

Requirements

  • None

Description

Comprehensive managerial and cost accounting course. Topics include:

· Job order costing

· Process costing

· Cost volume profit analysis

· Master Budgets

· Flexible Budgets

· Responsibility accounting

· Relevant costs

· Time value of money

This course will go into detail about each topic. We will include”

· Practice Excel files with both an answer tab and a practice tab

· Lecture PDF files that can be downloaded and reviewed without internet access

Managerial accounting skills are critical skills necessary for successfully running a business because they provide tools to make rational business decisions.

Who this course is for:

  • Business students learning managerial accounting concepts
  • Business owners who want to apply managerial accounting concepts to make better decisions
  • Business professionals who want to use managerial accounting concepts to improve their career
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