Principles of Management ( Managerial) Accounting

Principles of Management ( Managerial) Accounting, available at $22.99, has an average rating of 3.95, with 19 lectures, based on 13 reviews, and has 55 subscribers.

You will learn about Know the different management accounting concepts Be able to prepare a Cost Volume Profit Income Statement Know how to conduct the high/low method for mixed costs Be able to determine Breakeven in sales and sales required to achieve Target Net Income Know how to interpret the Margin of Safety Develop a Prepare the Master budget Know how to Prepare a Cash Budget This course is ideal for individuals who are Anyone who wants to understand management tools and techniques or Anyone wanting to improve their management knowledge It is particularly useful for Anyone who wants to understand management tools and techniques or Anyone wanting to improve their management knowledge.

Enroll now: Principles of Management ( Managerial) Accounting

Summary

Title: Principles of Management ( Managerial) Accounting

Price: $22.99

Average Rating: 3.95

Number of Lectures: 19

Number of Published Lectures: 19

Number of Curriculum Items: 21

Number of Published Curriculum Objects: 21

Original Price: $22.99

Quality Status: approved

Status: Live

What You Will Learn

Know the different management accounting concepts

Be able to prepare a Cost Volume Profit Income Statement

Know how to conduct the high/low method for mixed costs

Be able to determine Breakeven in sales and sales required to achieve Target Net Income

Know how to interpret the Margin of Safety

Develop a Prepare the Master budget

Know how to Prepare a Cash Budget

Who Should Attend

Anyone who wants to understand management tools and techniques

Anyone wanting to improve their management knowledge

Target Audiences

Anyone who wants to understand management tools and techniques

Anyone wanting to improve their management knowledge

Management accounting, also called managerial accounting or cost accounting, is the process of analyzing business costs and operations to prepare internal financial report, records, and account to aid managers’ decision making process in achieving business goals. In other words, it is the act of making sense of financial and costing data and translating that data into useful information for management and officers within an organization.

In this course, we cover the many Management Accounting concepts that are covered in Managerial ( Management) Accounting university course.

Learn and Master Each Management Accounting Tool and Technique.

Understand what managerial accounting is about and how differs from financial accounting

Know what the different roles that managers perform.

Know the three different manufacturing costs

Know the difference between product costs and period costs.

Develop a cost volume profit income statement

Understand how costs change when sales changes

Calculate break-even and target profit levels

Develop a CVP analysis for a multi-product company

Understand operating leverage, how to calculate it and what it means to senior management

Know how a job costing system works.

Complete a Job Costing accounting system using excel spreadsheets.

Design an activity-based costing system using excel spreadsheets.

Develop an activity-based accounting model

Understand activity-based management

Prepare a Master Budget using excel spreadsheets to plan business operations.

Know how to use the Flexible Budget to control operations.

Student Comments: “Great course, I have learned so much more than I did from my professor at school.” Aaron Morgan

“very good explaining dr” Sabah

Course Curriculum

Chapter 1: Management & Management accounting

Lecture 1: Management Accounting Overview

Chapter 2: Module 1 – Introduction to managerial accounting

Lecture 1: Management and Management Accounting

Chapter 3: Manufacturing Costs and Financial Statements

Lecture 1: Manufacturing Costs overview

Lecture 2: Manufacturing Costs and Financial Statements

Chapter 4: Test Your Understanding on Manufacturing Costs

Chapter 5: Introduction to Planning Tools

Lecture 1: Planning Tools

Chapter 6: Module 2 – Cost Behaviour and the Contribution Margin

Lecture 1: Cost Behaviour overview

Lecture 2: CVP income ststement overview

Lecture 3: Cost Behaviour

Lecture 4: Test Your Understanding of Cost behavior

Chapter 7: Cost Volume Profit/Target Net Income/Margin of Safety

Lecture 1: Cost Volume Profit/Target Net Income/Margin of Safety

Lecture 2: CVP analysis and Target Net Income

Lecture 3: Cost Volume Profit

Chapter 8: Module 4 -Know how to perform Multi product Break even Analysis

Lecture 1: Sales mix overview

Lecture 2: Calculating Break even for a multi product company using sales mix

Lecture 3: Cost Structure and its effect on leverage

Chapter 9: Module 5 – Budget Planning

Lecture 1: Budget Planning of Operations

Lecture 2: Case on budget Planning

Chapter 10: Budget Control & Responsibility Accounting

Lecture 1: Budget Control

Lecture 2: Responsibility Accounting

Instructors

Dr. John Daniel Mclellan
Professor of Management Accounting and Cantrol

Rating Distribution

1 stars: 0 votes

2 stars: 1 votes

3 stars: 2 votes

4 stars: 6 votes

5 stars: 4 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!