Managerial (Cost) Accounting For Beginners

Management accounting for managers and students. Learn managerial and cost accounting. #1 accounting course online.

What you'll learn

The best managerial accounting course out there

Get ready for part of the Business Environment and Concepts (BEC) on the CPA exam

Identify and explain the types and flows of manufacturing and non-manufacturing costs

Apply overhead cost using a job-order costing system

Apply overhead cost using a activity-based costing system

Apply overhead cost using a process costing system

Prepare a master budget

Prepare a flexible budget

Understand and apply standard costs

Analyze variances and take appropriate actions

Calculate and analyze Return on Investment (ROI)

Calculate and analyze Residual income

Construct, use and evaluate a Balanced Scorecard

Time value of money

Calculate and apply Net Present Value (NPV) and Payback Method

Evaluate various investments

Evaluate prospective projects

Requirements

Put your speakers on, grab a pen and paper and let's roll.

Description

Learn everything about Managerial Accounting in about 4 hours.

What are my students saying:
"I wish I would've found this course before I started failing accounting. Glass half full: at least I'm learning."
"This is fantastic. I was having trouble understanding my book and this video course is making more sense."
"Very helpful. It helped me learn cost accounting to get to advanced level."
"The quality of this course is amazing. It´is practical and also very good for grasping the accounting flows."
"It is quite a nice course. Videos are short and very descriptive. For every topic there is a short video that explains the concepts, and afterwards there are detailed videos with problem solving. I feel I have such a good understanding of the subject now. Thanks!"
"This is a lot easier to understand than other accounting courses I had seen so far. The professor doesn't use jargons making it easier for students like to understand it with ease."
"This is more lively than my managerial class and teacher. I am getting more from this course!"
"I am taking accounting for the first time and I am really having a hard time. This course made it so easy though. The quizzes are very practical too and I think I can use it more in the future. Very friendly course."
The most popular topics covered:
Job Order CostingProcess Costing (Equivalent units of production)Activity Based CostingBreak EvenMargin of SafetyHigh Low MethodVariable CostingAbsorption CostingBudgetingStandard CostsResidual IncomeRelevant CostsTime Value of MoneyNet Present ValueInternal Rate of Return (IRR)
More about this course:
I believe that you should not fall asleep when learning something new. You need to be encouraged and excited instead. In order to be excited about learning, you need to understand easily. If you struggle to understand, of course you will fall asleep. I have implemented a new way of teaching. Animated videos which are easy to understand. Problem solving videos that teach you how to apply what you have learned. Learning has never been so exciting.
In this course you will find great tools used in business that will aid the decision-making process. You will be able to identify and use important accounting information, identify and analyze various alternatives (projects, investments), and choose the best.
In this course you will find everything explained with a video lecture. There are 2 types of video lectures. The first type is an animated (cartoon) video that breaks down the most difficult concepts used in business. The second type is a problem solving shared screen that will help you with the calculations and analysis, as well as your thinking process.
Depending on your commitment, this course can take you somewhere from a week to few weeks to complete. The curriculum is designed as such, so that you will retain the information you will receive.
Whether you are a business owner, manager, or a student, you will need this course. This course will provide you with great tools that will make your decisions much more informative and calculated.

Overview

Section 1: Introduction to the course

Lecture 1 Introduction - Tips and Advice for Successful Completion

Section 2: Cost Concepts - The flow of costs

Lecture 2 What are we going to learn in this section?

Lecture 3 Cost Concepts (Retail and Manufacturing Businesses)

Lecture 4 Your Review Matters!

Lecture 5 Cost Concepts - Practical Application

Lecture 6 Introduction to Cost Flows

Lecture 7 Types of Costs

Lecture 8 Fixed Costs and Variable Costs

Lecture 9 Mixed Costs

Lecture 10 High-Low Method

Section 3: Job-Order Costing

Lecture 11 What are we going to learn in this section?

Lecture 12 Job-Order Costing Lecture

Lecture 13 Job-Order Costing Animation

Lecture 14 Job-Order Costing Comprehensive Problem

Lecture 15 Job-Order Problem Solving Part 1

Lecture 16 Job-Order Problem Solving Part 2

Section 4: Process Costing

Lecture 17 What are we going to learn in this section?

Lecture 18 Process Costing Lecture

Lecture 19 Weighted Average Method Lecture

Lecture 20 Process Costing - Comprehensive Problem

Lecture 21 Equivalent Units of Production

Lecture 22 Equivalent Units of Production - Cost per equivalent unit

Section 5: Activity-Based Costing

Lecture 23 What are we going to learn in this section?

Lecture 24 Activity Based Costing (ABC) Lecture

Lecture 25 ABC Problem Solving Part 1

Lecture 26 ABC Problem Solving Part 2

Lecture 27 ABC Problem Solving Part 3

Lecture 28 ABC - Comprehensive Problem Solving

Lecture 29 Activity-Based Costing - Comprehensive Problem

Section 6: Cost Volume Profit Analysis (Break-Even)

Lecture 30 What are we going to learn in this section?

Lecture 31 Break-Even Lecture

Lecture 32 Break-Even Comprehensive Problem Solving

Lecture 33 Target Net Income

Lecture 34 Composite Units - Multiple Products Break-Even

Lecture 35 Margin of Safety

Lecture 36 Break-Even Problem Solving Part 1

Lecture 37 Break-Even Problem Solving Part 2

Section 7: Variable Costing

Lecture 38 Absorption vs. Variable Costing Lecture

Lecture 39 Variable Costing Lecture

Lecture 40 Absorption vs. Variable Costing Comprehensive Problem

Lecture 41 Variable Costing - Comprehensive Problem

Section 8: Budgeting - Learn how to create budgets

Lecture 42 Prepare Sales Budget

Lecture 43 Prepare Collections Budget

Lecture 44 Prepare Purchases Budget

Lecture 45 Prepare Cash Disbursements Budget

Lecture 46 Prepare Cash Budget

Lecture 47 Prepare Budgeted Financial Statements

Section 9: Standard Costs and Variance Analysis

Lecture 48 Standard Costs Lecture and Problem Solving

Section 10: Performance Measurement

Lecture 49 Performance Measurement - Lecture and Comprehensive Problem

Section 11: Differential Analysis - Make informed decisions

Lecture 50 Differential Analysis Lecture

Lecture 51 Explanation Video for Lecture Video

Lecture 52 Keep or Drop Decisions

Lecture 53 Make or Buy Decisions

Lecture 54 Special Order Decisions

Lecture 55 Joint Product Costs

Section 12: Capital Budgeting Decisions - Investment Analysis

Lecture 56 Time Value of Money

Lecture 57 Payback Method - Investment Analysis

Lecture 58 Net Present Value - First Example

Lecture 59 Net Present Value - Total Cost Approach

Lecture 60 Net Present Value - Incremental Approach

Small business owners,CPA Candidates (BEC Section),CMA Candidates,Managers,Accountants,Students,Bookkeepers,Anyone interested