Free Download Udemy Principles of Management ( Managerial) Accounting. With the help of this course you can Learn the Management Accounting Concepts that are a part of every university business program.
This course was created by . It was rated 4.2623024 out of 5 by approx 6 ratings. There are approx 41 users enrolled with this course, so don’t wait to download yours now. This course also includes 142 mins on-demand video, Full lifetime access, Access on mobile and TV & Certificate of Completion.
What will I need?
- Excel Spreadsheets
Is this course right for me?
- Anyone who wants to understand management tools and techniques
- Anyone wanting to improve their management knowledge
What am I going to learn?
- Know the different management accounting concepts
- Be able to prepare a Cost Volume Profit Income Statement
- Know how to conduct the high/low method for mixed costs
- Be able to determine Breakeven in sales and sales required to achieve Target Net Income
- Know how to interpret the Margin of Safety
- Develop a Prepare the Master budget
- Know how to Prepare a Cash Budget
Management accounting, also called managerial accounting or cost accounting, is the process of analyzing business costs and operations to prepare internal financial report, records, and account to aid managers’ decision making process in achieving business goals. In other words, it is the act of making sense of financial and costing data and translating that data into useful information for management and officers within an organization.
In this course, we cover the many Management Accounting concepts that are covered in Managerial ( Management) Accounting university course.
Learn and Master Each Management Accounting Tool and Technique.
Understand what managerial accounting is about and how differs from financial accounting
Know what the different roles that managers 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
Develop a CVP analysis for a multi-product company
Understand operating leverage, how to calculate it and what it means to senior management
Know how a job costing system works.
Complete a Job Costing accounting system using excel spreadsheets.
Design an activity-based costing system using excel spreadsheets.
Develop an activity-based accounting model
Understand activity-based management
Prepare a Master Budget using excel spreadsheets to plan business operations.
Know how to use the Flexible Budget to control operations.
Student Comments: “Great course, I have learned so much more than I did from my professor at school.” Aaron Morgan
“very good explaining dr” Sabah
Free Download Udemy’s Principles of Management ( Managerial) Accounting