This course is designed for those interested to learn the basics of management accounting, understand theory and business terms like costs, breakeven analysis and inventory methods to name a few.
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Accounting Instructor with more than 5 years of experience in management and financial accounting, financial planning and reporting, database administration, and QuickBooks.
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Who this course is for:
- Students
- Accountants
- Managers
- Business owners
- Everyone who wants to expand their business competence and confidence
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
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.Â
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.
Our Promise to You
By the end of this course, you will have learned management accounting.
10 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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