Using Managerial Accounting to Run a Business

Using Managerial Accounting to Run a Business, available at $19.99, has an average rating of 4.35, with 10 lectures, 10 quizzes, based on 12 reviews, and has 83 subscribers.

You will learn about At the end of the course, students will have an understanding of basic issues addressed in the field of managerial accounting. This course introduces you to the field of managerial accounting. This discipline is vast but in one hour you will get an insight into what this subject can do for your enterprise. You then might want to pursue more extensive classes. Learn how to determine your break even point. This valuable concept will guide your organization on what it takes to begin enjoying a profit. How do manufacturing enterprises determine how to distribute their overhead costs to the products they build? The POR (Predetermined Overhead Rate) will pave they way for knowing your products cost. Some costs vary and some remain fixed. Your budgeting will improve by understanding the behavior of costs. And some costs are mixed – partly variable and partly fixed. Learn how to calculate which part varies and which part will remain fixed. This is a powerful budgeting tool. This course is ideal for individuals who are Students, managers and entrepreneurs. Anyone who wants to know more about how accounting is used in decision making will appreciate this introductory course. It is particularly useful for Students, managers and entrepreneurs. Anyone who wants to know more about how accounting is used in decision making will appreciate this introductory course.

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Summary

Title: Using Managerial Accounting to Run a Business

Price: $19.99

Average Rating: 4.35

Number of Lectures: 10

Number of Quizzes: 10

Number of Published Lectures: 10

Number of Published Quizzes: 10

Number of Curriculum Items: 20

Number of Published Curriculum Objects: 20

Original Price: $24.99

Quality Status: approved

Status: Live

What You Will Learn

At the end of the course, students will have an understanding of basic issues addressed in the field of managerial accounting.

This course introduces you to the field of managerial accounting. This discipline is vast but in one hour you will get an insight into what this subject can do for your enterprise. You then might want to pursue more extensive classes.

Learn how to determine your break even point. This valuable concept will guide your organization on what it takes to begin enjoying a profit.

How do manufacturing enterprises determine how to distribute their overhead costs to the products they build? The POR (Predetermined Overhead Rate) will pave they way for knowing your products cost.

Some costs vary and some remain fixed. Your budgeting will improve by understanding the behavior of costs.

And some costs are mixed – partly variable and partly fixed. Learn how to calculate which part varies and which part will remain fixed. This is a powerful budgeting tool.

Who Should Attend

Students, managers and entrepreneurs. Anyone who wants to know more about how accounting is used in decision making will appreciate this introductory course.

Target Audiences

Students, managers and entrepreneurs. Anyone who wants to know more about how accounting is used in decision making will appreciate this introductory course.

?In an hour you?can gain insight into how managerial accounting uses financial information to make a more profitable enterprise.? You will also acquire useful skills that you can put to work immediately!? And you will be more conversant with bankers, Chief Financial Officers, entrepreneurs and other financial experts.

You will explore key concepts such as How to Break Even, Budgeting, Forecasting Expenses and Increasing Your Profit.? This is an ideal course for anyone studying business or managing an enterprise.

The course makes the material easy to understand.? You will not have to bother with debits and credits.? (And you will not be staring at Powerpoint Slides.)?

Course Curriculum

Chapter 1: Break Even

Lecture 1: The First Lesson in Managerial Accounting: Breaking Even

Chapter 2: Managerial Accounting versus Financial Accounting

Lecture 1: Whats the Difference Between Financial Accounting and Managerial Accounting?

Chapter 3: Lets Dig In!

Lecture 1: How to Compute the Cost of the Stuff We Sell

Lecture 2: The Difference Between a Merchandiser and a Manufacturer

Lecture 3: Inventories in a Manufacturing Business

Lecture 4: The First Step in Preparing a Budget

Lecture 5: Budgeting an Inventory

Lecture 6: Why is an Expense More Than You Planned!

Lecture 7: How to Forecast Expenses

Lecture 8: Bonus Lecture: How to Increase Your Profit

Instructors

Vincent Turner
Join Vince for an Enjoyable Class!

Rating Distribution

1 stars: 0 votes

2 stars: 1 votes

3 stars: 1 votes

4 stars: 3 votes

5 stars: 7 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!