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Cost Accounting: Introduction to Management Accounting
Learn Cost Accounting for Management. Includes Process Costing, ABC Systems, Variance Analysis, Cash Budgets and more.
This Course Includes
udemy
4.5 (1.4K reviews )
7h 18m 
english
Online - Self Paced
professional certificate
Udemy
About Cost Accounting: Introduction to Management Accounting
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.