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What you'll learn
- How a job order costing system works and what type of business would use it
- How a process costing system works and what type of business would use it
- Cost volume profit analysis (CVP) and how CVP tools can be used to make business decisions rationally
- How to construct a master budget
- How to construct a flexible budget and use it to make rational decissions
- How to use responsibility accounting to hold different areas of a business accountable in a rational way
- Relevant cost analysis as a took to make rational business decissions
- Time value of money techniques to help make decision about long term projects
course Description :
- Comprehensive managerial and cost accounting course. Topics include:
- Job order costing
- Process costing
- Cost volume profit analysis
- Master Budgets
- Flexible Budgets
- Responsibility accounting
- Relevant costs
- Time value of money
- This course will go into detail about each topic. We will include”
- Practice Excel files with both an answer tab and a practice tab
- Lecture PDF files that can be downloaded and reviewed without internet access
- Managerial accounting skills are critical skills necessary for successfully running a business because they provide tools to make rational business decisions.
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