Managerial (Cost) Accounting For Beginners
4.2 (927 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
5,094 students enrolled

Managerial (Cost) Accounting For Beginners

Management accounting for managers and students. Learn managerial and cost accounting. #1 accounting course online.
Bestseller
4.2 (927 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
5,094 students enrolled
Last updated 12/2018
English
English [Auto]
Current price: $139.99 Original price: $199.99 Discount: 30% off
5 hours left at this price!
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This course includes
  • 3.5 hours on-demand video
  • 1 article
  • 10 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • 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
Requirements
  • Put your speakers on, grab a pen and paper and let's roll.
Description
  • Learn everything about Managerial Accounting in about 4 hours.


What are my students saying:

"I wish I would've found this course before I started failing accounting. Glass half full: at least I'm learning."

"This is fantastic. I was having trouble understanding my book and this video course is making more sense."

"Very helpful. It helped me learn cost accounting to get to advanced level."

"The quality of this course is amazing. It´is practical and also very good for grasping the accounting flows."

"It is quite a nice course. Videos are short and very descriptive. For every topic there is a short video that explains the concepts, and afterwards there are detailed videos with problem solving. I feel I have such a good understanding of the subject now. Thanks!"

"This is a lot easier to understand than other accounting courses I had seen so far. The professor doesn't use jargons making it easier for students like to understand it with ease."

"This is more lively than my managerial class and teacher. I am getting more from this course!"

"I am taking accounting for the first time and I am really having a hard time. This course made it so easy though. The quizzes are very practical too and I think I can use it more in the future. Very friendly course."

The most popular topics covered:

  • Job Order Costing
  • Process Costing (Equivalent units of production)
  • Activity Based Costing
  • Break Even
  • Margin of Safety
  • High Low Method
  • Variable Costing
  • Absorption Costing
  • Budgeting
  • Standard Costs
  • Residual Income
  • Relevant Costs
  • Time Value of Money
  • Net Present Value
  • Internal Rate of Return (IRR)

More about this course:

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.

Who this course is for:
  • Small business owners
  • CPA Candidates (BEC Section)
  • CMA Candidates
  • Managers
  • Accountants
  • Students
  • Bookkeepers
  • Anyone interested
Course content
Expand all 50 lectures 03:41:14
+ Cost Concepts - The flow of costs
9 lectures 20:03
What are we going to learn in this section?
01:08
Your Review Matters!
00:30
Cost Concepts - Quiz
1 question
Cost Flows - Quiz
1 question
Cost Types - Quiz
1 question
Fixed Costs and Variable Costs
02:06
Mixed Costs
01:28
High-Low Method
03:27
+ Job-Order Costing
3 lectures 08:58
What are we going to learn in this section?
01:08
Job-Order Costing - Quiz
2 questions

Finding the Predetermined Overhead Rate, Applying Overhead to specific Jobs, and Closing the overapplied or underapplied overhead.

Job-Order Costing Comprehensive Problem
03:07
Application of Overhead - Quiz
1 question
+ Process Costing
6 lectures 21:13
What are we going to learn in this section?
00:55
Process Costing Lecture
05:40
Process Costing - Quiz
1 question
Weighted Average Method Lecture
04:06
Weighted Average - Quiz
1 question
Process Costing - Comprehensive Problem
02:51
EUP - Quiz
2 questions
Equivalent Units of Production
04:09
Equivalent Units of Production - Cost per equivalent unit
03:32
+ Activity-Based Costing
4 lectures 15:22
What are we going to learn in this section?
00:48
Activity Based Costing
05:49
ABC - Comprehensive Problem Solving
03:32
Activity-Based Costing - Comprehensive Problem
05:13
Activity Based Costing (ABC)
5 questions
+ Cost Volume Profit Analysis (Break-Even)
6 lectures 15:51
What are we going to learn in this section?
00:31
Break-Even Lecture
01:40
Break-Even Comprehensive Problem Solving
03:39
Target Net Income
02:33
Composite Units - Multiple Products Break-Even
05:08
Margin of Safety
02:20
Break-even
5 questions
+ Variable Costing
2 lectures 09:42
Variable Costing Lecture
03:39
Variable Costing - Comprehensive Problem
06:03
Variable Costing
8 questions
+ Budgeting - Learn how to create budgets
6 lectures 45:24
Prepare Sales Budget
03:07
Prepare Collections Budget
08:54
Prepare Purchases Budget
06:02
Prepare Cash Disbursements Budget
04:34
Prepare Cash Budget
14:19
Prepare Budgeted Financial Statements
08:28
+ Standard Costs and Variance Analysis
1 lecture 14:50
Standard Costs Lecture and Problem Solving
14:50
Standard Costs
3 questions
+ Performance Measurement
1 lecture 13:59
Performance Measurement - Lecture and Comprehensive Problem
13:59