Practical Managerial Accounting Complete

Practical Managerial Accounting Complete - Printable Version

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Practical Managerial Accounting Complete - SKIKDA - 08-11-2023

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Published 8/2023
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 6.50 GB | Duration: 8h 35m

The Better Way to Learn with Concise Videos, Interactive Excel and Intuitive Approaches to Learn without Memorizing.

What you'll learn
Introduction to the Role and Major Topics of Managerial Accounting and Cost Accounting
Learn Computations the Better Way with the simple Excel Bridge Method
Job Order Costing
Process Costing
ABC Activity Based Costing
Cost Behavior and Cost Volume Profit Analysis
Cost Volume Profit Applied
Pricing Strategies
Incremental, Differential and Relevant Analysis
Master Budgeting- Planning for the Future
Decentralized Organizations and Responsibility Accounting
Flexible Budgeting
Standard Costs Variance Analysis
Capital Investment Analysis

Requirements
No prior accounting experience required.

Description
Learn Managerial and Cost Accounting the Better Way with Practical Accounting! This course includes the following modules, each with a beginner friendly Excel workbook for practice.Introduction to Managerial AccountingLearn the Role and Major Topics of Managerial and Cost Accounting and Learn and practice the Excel Bridge Method: One Method, One Formula, One Graph for the Entire CourseJob Order CostingLearn and practice the straightforward Bridge computation of Job Order Costing in Excel and Over and Under Applied Manufacturing Overhead.Process CostingLearn and practice the straightforward Bridge computation of Process Costing in ExcelABC Activity Based CostingLearn the Concepts and practice the Bridge computation of Activity Based Costing and Cost Management StrategiesCost Behavior and Cost Volume Profit AnalysisLearn and practice Cost Behaviors to Bridge Forecasting and Analysis of Cost Volume Profit relationships in Excel. Includes the famous Dancing Graphs.Cost Volume Profit AppliedLearn an Overview of Why the major Pricing Strategies are used, then continue to use the Bridge for straightforward computation.Pricing StrategiesLearn an Overview of Why the major Pricing Strategies are used, then continue to use the Bridge for straightforward computation.Incremental, Differential and Relevant AnalysisLearn Bridge Incremental Analysis and Relevant Costing for Short-Term Decision Making in Six Example and Practice Bridge SheetsMaster Budgeting- Planning for the FutureLearn and practice the Bridge in Excel to prepare a Master Budget. Includes a straightforward conceptual flow chartDecentralized Organizations and Responsibility AccountingLearn and practice the Concepts and Bridge computations for Implementing Management of Organizations and Business Segment Reporting.Flexible BudgetingLearn and practice the Unique and Better Bridge Computation and Interpretation of Flexible Budget Variance Analysis.Standard Costs Variance AnalysisLearn and practice the Unique and Better Bridge Computation and Interpretation of Standard Cost Variance AnalysisCapital Investment AnalysisLearn how to Analyze Competing Large Projects utilizing the Time Value of Money

Overview
Section 1: Introduction to Managerial Accounting

Lecture 1 Overview and Terminology of Managerial Accounting

Lecture 2 Cost Accounting Overview and Terminology

Lecture 3 The Base Method for Cost Accounting

Lecture 4 Managerial Accounting Frameworks and Ethics

Lecture 5 The Bridge: 1 Formula, 1 Method, 1 Graph for the Entire Course

Section 2: Job Order Costing

Lecture 6 Overview and Terminology of Job Order Costing

Lecture 7 Nascar Racing Car Bodies Introduction and Classification Drill

Lecture 8 Review: Accounting for Inventory Flows: Base Method

Lecture 9 Service Job Cost and Margin Record - Trusty and Accurate CPA's

Lecture 10 Before, During, After & Fixit Method- Manufacturing Overhead (MOH) Allocation

Section 3: Process Costing

Lecture 11 Overview and Terminology of Process Costing

Lecture 12 Process Costing: Frozen Pizza Factory Video and Classification Drill

Lecture 13 Process Costing Flow of Costs and Transactions-Fantastic Frozen Pizza

Lecture 14 Intro Bridge Format Process Costing and Equivalent Units of Production

Lecture 15 Process Costing Puzzle and Exercise with Keys

Section 4: ABC: Activity Based Costing

Lecture 16 A Brief Look Inside Activity Based Costing

Lecture 17 Overview and Terminology of ABC: Comparison of Flow of Costs Traditional and ABC

Lecture 18 Example ABC / ABM- Logistics Operations

Lecture 19 Your Own Coffee Shop: ABC Computation, Practice Puzzle & Extra Worksheets for HW

Lecture 20 Cost Management Strategies and Benefits

Section 5: Cost Behavior and Cost Volume Profit Analysis

Lecture 21 Overview and Brief Look Inside Cost Volume Profit Analysis

Lecture 22 One Formula-One Method-One Graph Past vs Future

Lecture 23 Defining Cost Behavior

Lecture 24 Splitting Mixed Costs into Variable and Fixed - Bridge

Lecture 25 CVP Pizza 1: Overview Bridge Method and Graph

Lecture 26 CVP Pizza 2: Breakeven Point as a Bridge Puzzle

Lecture 27 CVP Pizza 3: Change the Variables with Dancing Graph

Lecture 28 Operating Leverage and Margin of Safety Bridge in Excel

Section 6: Cost Volume Profit Applied

Lecture 29 A Brief Look Inside Cost Volume Profit Applied

Lecture 30 Overview Key Issues and Solutions/Terminology

Lecture 31 Sales Mix: Bridge Example, Practice and Solution

Lecture 32 Changes to Volume, Price, Variable and Fixed Costs

Lecture 33 Absorption vs. Variable Costing and Changes in Inventory Levels

Section 7: Pricing Strategies

Lecture 34 A Brief Look Inside Pricing

Lecture 35 Pricing Strategies and Market Based Pricing

Lecture 36 Markup and ROI: Cost Plus Bridge Examples, Practice and Solutions

Lecture 37 Target Costing and Limited Resources: Bridge Examples, Practice and Solutions

Section 8: Incremental, Differential and Relevant Analysis

Lecture 38 A Brief Look Inside the Module

Lecture 39 Overview Key Issues and Terminology

Lecture 40 Hotel Problem: Incremental Relevant Costs: When should we open?

Lecture 41 Pizza: Unavoidable vs. Avoidable Fixed Costs, Revenue as Net or Opportunity Cost

Lecture 42 Repair or Replace Equipment with Qualitative Considerations

Lecture 43 Special Order Pricing: With and Without Excess Capacity and Breakeven Price

Lecture 44 Unprofitable Business Segments: Committed and Avoidable Fixed Costs

Section 9: Master Budgeting: Planning for the Future

Lecture 45 A Brief Look Inside the Module

Lecture 46 Terminology, Processes and Behavioral Issues

Lecture 47 Budget Process Flowchart: How the Pieces Fit Together

Lecture 48 Sales, Production and Purchases Budget: Example, Practice, Solution Extra

Lecture 49 Direct Labor, Manufacturing Overhead, Cost of Goods Manufactured and Sold

Lecture 50 Operating Exp., Income Statements, Contribution Margin Analysis, Capital Budget

Lecture 51 Cash Budget: Receipts, Disbursements, Financing Required and Balance Sheet

Section 10: Decentralized Organizations and Responsibility Accounting

Lecture 52 A Brief Look Inside the Module

Lecture 53 Controlling Processes

Lecture 54 Key Issues and Terminology

Lecture 55 Segment Reporting

Lecture 56 Cost Allocation

Lecture 57 Transfer Pricing

Lecture 58 Evaluating Investment Centers

Section 11: Flexible Budgeting

Lecture 59 Key Issues and Terminology Flexible Budgeting

Lecture 60 A Brief Look Inside the Flexible Budgeting Module

Lecture 61 Making Sense of Controlling Processes

Lecture 62 Static Budget Variance Analysis

Lecture 63 The Bridge: One Method of Variance Analysis

Lecture 64 Flexible Budget Variance Analysis Example

Lecture 65 Flexible Budget Variance Analysis Solution, Causes and Practice Puzzle

Section 12: Standard Costs Variance Analysis

Lecture 66 A Look Inside the Standard Cost Module

Lecture 67 What is a Standard Cost and What Causes Variances?

Lecture 68 Compute Direct Materials Variance Analysis and Why

Lecture 69 Compute Direct Labor Variance Analysis and Why

Lecture 70 The Concise Way to Handle Fixed MOH + Variable MOH Analysis Computation and Why

Section 13: Capital Investment Analysis

Lecture 71 A Brief Look inside Capital Investment Analysis

Lecture 72 Overview of Capital Investment Analysis

Lecture 73 Payback Method

Lecture 74 Calculating Cash Flow

Lecture 75 Time Value of Money Concepts

Lecture 76 Net Present Value and Internal Rate of Return Methods

Lecture 77 Capital Rationing and Profitability Index

Managerial and Cost Accounting students, businesses, and individuals interested in accounting.

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