Last updated 10/2021
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 951.01 MB | Duration: 0h 48m
Every week there are two sessions with Interactive video lectures and Interactive problems
What you'll learn
We cover all the major concepts in Management Planning and Control course
Understand Cost accumulation systems - job costing and Activity Based management
Understand Cost Volume profit Analysis, Taget Net Income and Margin of Safety
Understand how to prepare a companies Budget
Understand Control systems such as Budget Control and Standard costing
Know how to make informed decisions and the use of the Balance Scorecard
Requirements
None
Description
Week 1 | Managerial Accounting: Manufacturing Costs & Job order costingWelcome to this course on management accounting. This course is designed to provide you with the tools to become a more effective manager.This first week in Session 1, you will be introduced to a field of accounting known as management or managerial accounting. Throughout this course, we use the operations of a manufacturing company to apply the management concepts you will learn but these concepts apply to all types of organizations.Therefore in Session 1, you are also introduced to the three different categories of manufacturing costs incurred by manufacturing companies in the production of its product.In session 2, we begin the study of cost accumulation systems. The traditional systems of job costing and process costing are presented in this session; the more contemporary activity-based costing system will be in Session1 of next week's lectures. These cost accumulation systems are used by businesses to accumulate the cost of producing their product or service.Week 2 | Activity Based Costing and Activity Based ManagementDuring this week, the second week we will further explore the cost...
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