~~~Over 200 students enrolled in the course.~~~
~~~Learn everything about Managerial Accounting in 4 hours.~~~
I believe that you should not fall asleep when learning something new. You need to be encouraged and excited instead. In order to be excited about learning, you need to understand easily. If you struggle to understand, of course you will fall asleep. I have implemented a new way of teaching. Animated videos which are easy to understand. Problem solving videos that teach you how to apply what you have learned. Learning has never been so exciting.
In this course you will find great tools used in business that will aid the decision-making process. You will be able to identify and use important accounting information, identify and analyze various alternatives (projects, investments), and choose the best.
In this course you will find everything explained with a video lecture. There are 2 types of video lectures. The first type is an animated (cartoon) video that breaks down the most difficult concepts used in business. The second type is a problem solving shared screen that will help you with the calculations and analysis, as well as your thinking process.
Depending on your commitment, this course can take you somewhere from a week to few weeks to complete. The curriculum is designed as such, so that you will retain the information you will receive.
Whether you are a business owner, manager, or a student, you will need this course. This course will provide you with great tools that will make your decisions much more informative and calculated.
What are the requirements?
Put your speakers on, grab a pen and paper and let’s roll.
What am I going to get from this course?
Over 39 lectures and 4 hours of content!
The best managerial accounting course out there
Get ready for part of the Business Environment and Concepts (BEC) on the CPA exam
Identify and explain the types and flows of manufacturing and non-manufacturing costs
Apply overhead cost using a job-order costing system
Apply overhead cost using a activity-based costing system
Apply overhead cost using a process costing system
Prepare a master budget
Prepare a flexible budget
Understand and apply standard costs
Analyze variances and take appropriate actions
Calculate and analyze Return on Investment (ROI)
Calculate and analyze Residual income
Construct, use and evaluate a Balanced Scorecard
Time value of money
Calculate and apply Net Present Value (NPV) and Payback Method
Evaluate various investments
Evaluate prospective projects
What is the target audience?
Small business owners
CPA Candidates (BEC Section)
Section 1: Cost Concepts – The flow of costs
Cost Concepts (Retail and Manufacturing Businesses)
Cost Concepts – Practical Application
Contribution Format Income Statement – Problem 1
High-Low Method – Problem 2
High-Low Method (Total Cost Formula) – Problem 3
Section 2: Job-Order Costing
Job-Order Costing Animation
Job-Order Costing Lecture
Predetermined Overhead Rate – Problem 1
Flow of Costs – Problem 2
Section 3: Activity-Based Costing
Activity Based Costing
Activity-Based Costing – Comprehensive Problem
Activity Based Costing (ABC)
Section 4: Process Costing
Process Costing Lecture
Equivalent Units of Production
Weighted Average Method Lecture
Equivalent Units of Production – Cost per equivalent unit
Section 5: Cost Volume Profit Analysis (Break-Even)
Break-Even Comprehensive Problem
Section 6: Variable Costing
Variable Costing Lecture
Variable Costing – Comprehensive Problem
Section 7: Budgeting – Learn how to create budgets
Prepare Sales Budget
Prepare Collections Budget
Prepare Purchases Budget
Prepare Cash Disbursements Budget
Prepare Cash Budget
Prepare Budgeted Financial Statements
Section 8: Standard Costs and Variance Analysis
Standard Costs Lecture and Problem Solving
Section 9: Performance Measurement
Performance Measurement – Lecture and Comprehensive Problem
Section 10: Differential Analysis – Make informed decisions
Differential Analysis Lecture
Explanation Video for Lecture Video
Keep or Drop Decisions
Make or Buy Decisions
Special Order Decisions
Joint Product Costs
Section 11: Capital Budgeting Decisions – Investment Analysis
Time Value of Money
Payback Method – Investment Analysis
Net Present Value – First Example
Net Present Value – Total Cost Approach
Net Present Value – Incremental Approach