Cost and Managerial Accounting - Part 1
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Cost and Managerial Accounting - Part 1 at UDEMY Overview
Duration | 5 hours |
Total fee | ₹1,280 |
Mode of learning | Online |
Credential | Certificate |
Cost and Managerial Accounting - Part 1 at UDEMY Highlights
- Student will get Certificate of completion
- To test your knowledge of the basic concepts we also have quizzes after each section
- This course is taught by an instructor with over eleven years of training experience
- Full lifetime access
Cost and Managerial Accounting - Part 1 at UDEMY Course details
- For Professionals or anyone interested in learning about the basics concepts of accounting and the various classifications of costs
- The difference between financial and managerial accounting
- The difference between costs and expenses
- The various classifications of costs
- Cost behavior and the determination of variable versus fixed costs
- How to estimate costs at expected future levels
- How to decide between making or buying parts (outsourcing)
- Cost-Volume-Profit Analysis
- Porter's Five Forces
- The difference between Marginal and Average Costs
- Activity Based Costing
- How to determine the break even point
- How to perform differential cost analysis
- The difference between Absorption vs Variable Costing
- The difference between Job Order and Process Costing
- The Difference Between Product and Period Costs
- How to Decide Between Selling or Processing Further
- How to Decide Whether To Accept a Special Order
- This course is for those students who have not had much (or any) experience in accounting and are looking to enhance their understanding of it, to either help pass a course or to enhance your business career.
- This course is taught by an instructor with over eleven years of training experience, including corporate training, face to face instruction, and online course development.
- Understanding of the mechanics of accounting, the concepts, and the goals of accounting in general.
Cost and Managerial Accounting - Part 1 at UDEMY Curriculum
MODULE: 1 Managerial Accounting Concepts
Comparison of Managerial and Financial
Study Notes - Understanding Missions, Goals, and Strategic Analysis
Missions, Goals, and Strategies
Study Notes - Porter's Five Forces, Competition and Quality
Porter's Five Forces
Study Notes - Ethics
Quiz - Intro to Managerial Accounting
MODULE : 2 Understanding Cost
Study Notes - Cost Terms and Classifications
Cost Terms and Classification
Study Notes - Cost Estimation-High Low Method, Scattergraph, Regression Analysis
High Low Method
Downloadable Exercise Template - High Low Method
Practice Exercise - Activity Based Costing
Quiz - High Low Method and ABC
MODULE:3 Cost-Volume-Profit Analysis
Study Notes - Cost Volume Profit (CVP) Analysis
Cost-Volume-Profit Analysis
CVP - Traditional vs. Variable Income Statement
Quiz - CVP
Study Notes - Relevant Costs
Relevant Cost
Solution Review Video - CVP Exercises
MODULE:4 Managerial Decision Making
Study Notes - Special Orders
Study Notes - Make or Buy (Outsourcing)
Outsourcing or Make or Buy
Solution Review - Make or Buy Exercise
Study Notes - Sell or Process Further
Sell or Process Further
Solution Review Video - Sell or Process Further Exercise
Study Notes - Scarce or Limited Resources Special Decisions
Scarce or Limited Resources Exercise
MODULE:5 Job Order Vs. Process Costing
Study Notes - Product vs. Period Costs
Product vs. Period Costs
Study Notes - Absorption vs. Variables Costing
Absorption vs. Variable Costing
Quiz - Product Costs
Study Notes - Cost of Goods Manufactured and Cost of Goods Sold
Cost of Goods Manufactured Schedule
Cost and Managerial Accounting - Part 1 at UDEMY Faculty details
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