Managerial Accounting For Everyone

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Free Download Managerial Accounting For Everyone
Published 7/2024
Created by Demarious Bowens
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Genre: eLearning | Language: English | Duration: 61 Lectures ( 4h 43m ) | Size: 2.8 GB

Managerial Accounting Essentials: From Basics to Advanced Techniques
What you'll learn:
Understand Managerial Accounting: Grasp the significance and roles of managerial accounting in business operations and decision-making.
mplement Costing Systems: Utilize job costing, process costing, and activity-based costing systems for accurate cost tracking and allocation.
Analyze Cost Behavior: Differentiate fixed, variable, and mixed costs, and apply cost behavior analysis to managerial decisions.
Apply Cost-Volume-Profit Analysis: Use CVP analysis to determine break-even points, target profits, and the impact of cost, volume, and price changes on profit
Conduct Differential Analysis: Apply differential analysis to make decisions about special orders, product lines, and other business scenarios.
Utilize Capital Budgeting: Evaluate long-term investments using NPV, IRR, and other capital budgeting techniques for informed decision-making.
Perform Variance Analysis: Calculate and interpret direct materials, labor, and overhead variances to evaluate performance.
Requirements:
Basic Accounting Knowledge: Understanding of basic accounting principles and financial statements is helpful but not mandatory. Mathematical Skills: Comfort with basic arithmetic and algebra for cost calculations and analysis. No Formal Prerequisites: This course is designed to be accessible to beginners with no prior experience in managerial accounting.
Description:
Unlock the full potential of managerial accounting with our all-encompassing course, tailored for entrepreneurs, business students, professionals, and those looking to switch careers. This course delves into the core aspects of managerial accounting, from understanding cost behavior to mastering budgeting and financial decision-making. You will learn to implement job costing, process costing, and activity-based costing systems to accurately track and allocate production costs.Gain expertise in developing comprehensive operating budgets, including sales, production, and financial statements, and use these tools for effective planning and performance evaluation. The course also covers variance analysis, helping you calculate and interpret direct materials, labor, and overhead variances to assess performance accurately.Enhance your decision-making skills with capital budgeting techniques such as net present value (NPV) and internal rate of return (IRR), enabling you to evaluate long-term investments confidently. Through differential analysis, you will learn to make informed decisions regarding special orders, product lines, and other business scenarios.Cost-volume-profit (CVP) analysis will equip you with the ability to determine break-even points, target profits, and the impact of cost, volume, and price changes on profitability. Whether you're a beginner or looking to refine your existing skills, this course offers practical insights and knowledge to elevate your financial strategies and drive business success. Join us to gain the expertise needed to optimize costs and boost profits effectively.
Who this course is for:
Entrepreneurs: Small business owners and startup founders looking to improve their financial planning and control processes. Business Students: Individuals studying business, finance, or accounting who want to deepen their understanding of managerial accounting. Professionals: Managers, accountants, and finance professionals seeking to enhance their skills in cost management, budgeting, and financial decision-making. Career Changers: Individuals transitioning into roles that require knowledge of managerial accounting principles and practices.
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