Finance & Accounting Online Course by Udemy, On Sale Here
Learn the Management Accounting Concepts that are a part of every university business program
An excellent training about Accounting & Bookkeeping
Principles of Management ( Managerial) Accounting
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 accountingKnow what the different roles that managers perform. Know the three different manufacturing costsKnow the difference between product costs and period costs. Develop a cost volume profit income statementUnderstand how costs change when sales changesCalculate break-even and target profit levelsDevelop a CVP analysis for a multi-product companyUnderstand operating leverage, how to calculate it and what it means to senior managementKnow 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 modelUnderstand activity-based managementPrepare 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
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