Management Accounting: CVP, Budgets & Decision Analysis

Learn the principles of management accounting and turn cost data into better business decisions. This course covers the core tools used in managerial accounting (also called management accounting or cost accounting): cost behavior, contribution margin, cost-volume-profit analysis, budgeting, flexible budgets, responsibility accounting, and incremental decision analysis.

You will learn how managers use internal accounting information to plan, control operations, and choose between alternatives.

What the course covers

• What management accounting is and how it differs from financial accounting

• Manufacturing costs: direct materials, direct labor, and manufacturing overhead

• Cost behavior and contribution margin

• CVP analysis, breakeven, target net income, and margin of safety

• Multi-product CVP and sales mix

• Master budget and strategic planning

• Flexible budgets and budget control

• Responsibility accounting

• Incremental analysis: special orders, make-or-buy, and retain-or-replace

• A short look at how businesses use AI tools in the budgeting process

• Case examples, including Southwest Airlines and Starbucks

Demonstration problems walk through the calculations step by step so you can apply the same methods in class, at work, or on an exam.

Who this course is for

• College and MBA students taking managerial or management accounting

• Managers and business owners who need to understand costs, budgets, and short-term decisions

• Accounting students who want a clear review of CVP, budgeting, and incremental analysis

Requirement: Some knowledge of financial accounting is helpful.Enroll now and start using management accounting tools to plan, control costs, and make stronger decisions.