About This Course

The First Steps Into Management Accounting course will show you that management accounting is not as confusing and boring as you think. The course consists of short, clear and easy to understand theory, explained examples and examples to check your knowledge. 

With this course, the learning process is just a piece of cake. Just take a cup of coffee, tea or some other favorite drink and let me convince you that the process of learning management accounting can be as pleasant as doing your favorite hobby.

What you’ll learn:

  • Manufacturing and non-manufacturing costs
  • Product and period costs
  • Direct and indirect costs
  • Fixed, variable and mixed costs
  • Breakeven analysis
  • Marginal costing
  • Absorption costing
  • First in first out method
  • Weighted average method
  • Job order costing
  • Process costing
  • Predetermined overhead rate
  • Over-absorption and under-absorption of overheads

Who this course is for:

  • Students
  • Accountants
  • Managers
  • Business owners
  • Everyone who wants to expand their business competence and confidence

Our Promise to You

By the end of this course, you will have learned management accounting.

30 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about the first steps into management accounting.

Course Curriculum

Section 1 - Introduction
Meaning Of Management Accounting – Short And Clear Explanation 00:00:00
Manufacturing Costs And Non-Manufacturing Costs 00:00:00
Product Costs And Period Costs 00:00:00
Direct Costs And Indirect Costs 00:00:00
Test Your Knowledge Of Costs 00:00:00
Section 2 - A Close Look At The Concept Of Breakeven Analysis
Fixed Costs, Variable Costs And Mixed Costs 00:00:00
Fixed Costs And Variable Costs – Example 00:00:00
Breakeven Analysis 00:00:00
Breakeven Analysis – Example 00:00:00
Test Your Knowledge Of The Concept Of Breakeven Analysis 00:00:00
Section 3 - Methods For Inventory Valuation
First In First Out Method Or FIFO 00:00:00
Weighted Average Method 00:00:00
Section 4 - Become Familiar With Different Costing Methods
Job Order Costing – Theory And Example 00:00:00
Process Costing 00:00:00
Process Costing – Example 00:00:00
Marginal Costing 00:00:00
Marginal Costing – Example 00:00:00
Absorption Costing 00:00:00
Absorption Costing – Example 00:00:00
Exercise Your Knowledge Of Marginal Costing And Absorption Method 00:00:00
Section 5 - The Process Of Overhead Allocation
Predetermined Overhead Rate 00:00:00
Predetermined Overhead Rate – Example 00:00:00
Exercise Your Knowledge Of Overhead Allocation 00:00:00
Section 6 - Budget Preparation
Budget Preparation Short Introduction 00:00:00
Case Study 00:00:00
Sales Budget 00:00:00
Production Budget 00:00:00
Material Usage Budget 00:00:00
Material Purchase Budget 00:00:00
Labour Budget 00:00:00
Production Cost Budget 00:00:00
Budgeted Income Statement 00:00:00
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