Practical Managerial Accounting Complete

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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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