Dr John's Managerial Accounting course in MBA program
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The Managerial Accounting Course is a major part of the Masters of Business Administration Program
What you'll learn
Know how to Critically evaluate the role of management accounting information and related ethical issues in planning, organizing, and controlling activities of a firm
Know how to Contrast different cost types, classifications, and methods and apply this knowledge in decision-making process
Know how to perform Cost-Volume-Profit analysis for profit planning, pricing decisions, and sensitivity analysis
Know how to Prepare and explain the use of Incremental Analysis in the decision-making process
Know how to Create excel spreadsheets to interpret budgets as part of responsibility accounting
Know what a job costing system, a process costing system and an activity based Costing system operates.
Understand the target pricing model.
Learn how to use the incremental analysis technique when analyzing problems and decision making.
Prepare a master budget using excel
Understand the Balanced Scorecard.
Requirements
Students should have had a financial accounting course.
You should take my course on Udemy " Get an A in Your Financial Accounting 101 course"
You may want to take a shorter course to prepare you for the MBA -" Financial Accounting 482"
Description
This course covers all the major managerial accounting concepts that are a part of every Managerial ( Management) Accounting course in every Master of Business Administration university program.
Learn and Master Each Management Accounting Tool and Technique.
Understand what managerial accounting is about and how how differs from financial accounting
Know what the different roles that manager perform.
Know the three different manufacturing costs
Know the difference between product costs and period costs.
Develop a cost volume profit income statement
Understand how costs change when sales changes
Calculate break even and target profit levels
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