Cost Accounting: Introduction to Management Accounting
Learn the fundamentals of management accounting with this comprehensive crash course. Perfect for university and college students, CPA candidates, and professionals in finance and accounting. Master cost measurement, cost behavior, variance analysis, and more in just 7 hours of engaging video lessons. Boost your knowledge and ace your exams with this essential resource.
Understand Cost Behaviors, Cost Drivers and Cost Driver ActivityDefine Fixed and Variable Costs and Create Cost FunctionsUse Regression Analysis using the Least Squares MethodApply Activity Based Costing to Product CostsAllocate Support Department Costs using the Direct, Step-Down and Reciprocal MethodApply Cost-Volume-Profit Analysis (Break-Even Points)Describe variance analysis, differentiate between price and usage variances, and calculate price and usage variances for costsPrepare Cash BudgetsPrepare Production Reports for a Process Costing SystemWelcome to the Management Accounting Crash Course, which will provide you with 46 video lessons that span over 7 hours of content (including quizzes to help test your knowledge). Follow along as I explain the basics and fundamental concepts like cost drivers, the cost function, break-even points, journal entries, joint costing, budgets and more! Managerial Accounting is the study of internal financial information that can influence decision-making. It’s the follow up course to Financial Accounting, that can prove to be more difficult for students. We designed the course to act as a perfect supplement for those taking Managerial/Management Accounting in University or College. We’ll walk you through the theory, providing examples and questions that will keep you engaged.The first part of the course will cover:Cost Measurement and Cost BehaviorThe Design of Cost FunctionsFixed Costs, Variable Costs and Mixed CostsBreak-Even AnalysisHandling Direct and Indirect CostsThe second part will cover:Process Costing, and Production Reports using Weighted Average and FIFO.Activity-Based Costing for Overhead CostsPreparing Cash BudgetsVariance AnalysisSupport Departments: Direct, Step-Down and Reciprocal MethodAnd much more!HERE’S WHAT SOME STUDENTS OF HAVE TOLD ME ABOUT MY COURSE:I fully attribute me passing the BEC portion of the CPA exam from your videos. Without your easy to learn managerial accounting tutorials, I would never have understood the concepts. I especially thought your videos on variance analysis were exceptional. Thank you so much for everything! – Spencer S.Hi, I just wanted to say thank you for posting such great videos on YouTube. I believe that they were the reason I just passed my very difficult accounting exam! They were very easy to watch and easy to follow. I appreciate your work! – Alana M.This guy has the best Mgmt Accounting tutorial videos. He understands the concepts and can explain them in the easiest and most engaging way. Thank you. – Karen K.Great Course for being introduced to Fundamentals of Management Accounting. Dave does a good job at explaining concepts filled in with examples. – Imran S.Who this course is for:University StudentsCollege StudentsCPA StudentsMBA StudentsBookkeepersAccountantsManagers
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