Cost Accounting: Introduction to Management Accounting

Description

Welcome 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 Behavior

• The Design of Cost Functions

• Fixed Costs, Variable Costs and Mixed Costs

• Break-Even Analysis

• Handling Direct and Indirect Costs

The second part will cover:

• Process Costing, and Production Reports using Weighted Average and FIFO.

• Activity-Based Costing for Overhead Costs

• Preparing Cash Budgets

• Variance Analysis

• Support Departments: Direct, Step-Down and Reciprocal Method

• And 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.

What You Will Learn!

• Understand Cost Behaviors, Cost Drivers and Cost Driver Activity
• Define Fixed and Variable Costs and Create Cost Functions
• Use Regression Analysis using the Least Squares Method
• Apply Activity Based Costing to Product Costs
• Allocate Support Department Costs using the Direct, Step-Down and Reciprocal Method
• Apply Cost-Volume-Profit Analysis (Break-Even Points)
• Describe variance analysis, differentiate between price and usage variances, and calculate price and usage variances for costs
• Prepare Cash Budgets
• Prepare Production Reports for a Process Costing System

Who Should Attend!

• University Students
• College Students
• CPA Students
• MBA Students
• Bookkeepers
• Accountants
• Managers

TAKE THIS COURSE