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Managerial Accounting Basics

£28.86

This course includes lifetime access so you can complete it at your own speed. This course is designed for those interested to learn the basics of managerial accounting to make business decisions that will improve efficiency, reduce costs, and grow the business. Benefits of taking this course include: Unlimited and lifetime access to the course Learn the course at your own pace Course can be accessed on any platform 24/7 Customer support

SKU: 289952 Category:

Description

Accounting and finance_Finance

Description

How can you make business decisions that will improve efficiency, reduce costs, and grow the business? Do you want to know how many nights you need to rent your Airbnb to break-even? Do you need to reduce the risk of the startup business as an entrepreneur? Do you need to hone your budgeting skills? These and many more questions are answered in this course.

This course is not just for accountants but will benefit individuals who want to become better managers. It is designed for any level and there are no prerequisites. From an entrepreneur to a manager at a company working his or her way up the ladder, this course provides an explanation of key tools to improve your business performance.

Each lesson is streamlined to cover the topic in manageable pieces. You will follow example companies and case studies derived from real-world application. You are then given discussion questions and quizzes to test your knowledge along the way.

Managerial Accounting Basics will cover the following topics:

Section 1 – Introduction And Foundation Concepts

  • Course Introduction
  • Introduction To Managerial Accounting
  • Financial Accounting Compared To Managerial Accounting
  • Trends
  • Foundation Concepts
  • Foundation Concepts Continued
  • Profitability

Section 2 – Costs

  • Process Costing And Job Order Costing
  • Job Costing
  • Job Costing Continued
  • Allocating Costs To Multiple Products
  • Departmental Overhead Rates
  • Activity Based Costing
  • Cost Behavior
  • Cost Behavior Continued

Section 3 – Break-even Point

  • Break-even Point
  • Changes In Break-even Point

Section 4 – Sales

  • Sales Mix
  • Pricing
  • Short-Term Decision Making

Section 5 – Budgeting

  • Budgeting Introduction
  • Budgeting Continued
  • Operating Budgets
  • Cash Budget
  • Budgeted Balance Sheet

Section 6 – Performance Evaluation

  • Performance Evaluation Introduction
  • Performance Evaluation Continued
  • Performance Evaluation Continued 2

Section 7 – Standard Setting

  • Standard Costs
  • Standard Costs Continued

Section 8 – Capital Investments

  • Capital Investment Decisions
  • Capital Investment Analysis