Dr John's Managerial Accounting course in the MBA program
4.4 (25 ratings)
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Dr John's Managerial Accounting course in the MBA program

The Managerial Accounting Course is a major part of the Masters of Business Administration Program
4.4 (25 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,033 students enrolled
Created by Dr. John Mclellan
Last updated 7/2017
English
Price: $30
30-Day Money-Back Guarantee
Includes:
  • 6 hours on-demand video
  • 30 Articles
  • 88 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Know how to Critically evaluate the role of management accounting information and related ethical issues in planning, organizing, and controlling activities of a firm
  • Know how to Contrast different cost types, classifications, and methods and apply this knowledge in decision-making process
  • Know how to perform Cost-Volume-Profit analysis for profit planning, pricing decisions, and sensitivity analysis
  • Know how to Prepare and explain the use of Incremental Analysis in the decision-making process
  • Know how to Create excel spreadsheets to interpret budgets as part of responsibility accounting
  • Know what a job costing system, a process costing system and an activity based Costing system operates.
  • Understand the target pricing model.
  • Learn how to use the incremental analysis technique when analyzing problems and decision making.
  • Prepare a master budget using excel
  • Understand the Balanced Scorecard.
View Curriculum
Requirements
  • Students should have had a financial accounting course.
  • You should take my course on Udemy " Get an A in Your Financial Accounting 101 course"
  • You may want to take a shorter course to prepare you for the MBA -" Financial Accounting 482"
Description

In this course, we cover a the advanced Management Accounting concepts that are a part of every Managerial ( Management) Accounting course in every Master of Business Administration university program.

Learn and Master Each Management Accounting Tool and Technique.

  • Understand how costs change when sales changes
  • Know how a job costing system works.
  • Complete a Job Costing accounting system using excel spreadsheets.
  • Design an activity based costing system using excel spreadsheets.
  • Understand how costs change as sales change
  • Calculate break even and target profit levels
  • Learn the concept of leverage
  • Make or Buy decisions using Incremental analysis.
  • Solve Special Order decisions using incremental analysis.
  • Solve Equipment Replacement questions using relevant cost analysis.
  • Prepare a Master Budget using excel spreadsheets to plan business operations.
  • Know how to use the Flexible Budget to control operations.
  • Perform Budget variance analysis.
  • Understand the Balanced Scorecard and how it used in evaluating performance.

This course is unique in that it contains a number of real-life business cases that I have written. There are a number of excel projects on costing systems and budgeting and practice midterm and final exams with marking keys that highlight where an exam marker will award you marks. You can mark yourself.


Who is the target audience?
  • Anyone interested in earning an advanced degree in business.
  • Current MBA students that want to deepen their knowledge in any business management concept.
  • Managers interested din improving their understanding of management accounting tools and techniques.
  • Business owners interested in planning and control of business operations tolls and techniques.
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Curriculum For This Course
115 Lectures
06:18:17
+
Introduction to Managerial Accounting, Management Roles &Manufacturing Costs
1 Lecture 01:28
+
MODULE 1 - LECTURE - Introduction to Managerial Accounting
2 Lectures 05:44

Print off in PDF and keep for further reference.

Managerial Accounting.mp4
03:38

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MODULE 1 - RESOURCES - Introduction to managerial Accounting
2 Lectures 00:02
Management Accounting Terminology
00:01

Mind Map of Introduction to managerial Accounting
00:00
+
MODULE 1 - ACTIVITIES to deepen your understanding
3 Lectures 02:01

Game: The Three Functions of Managers
00:45

Test your understanding - multiple choice questions
00:02
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MODULE 2 - LECTURE - Introduction to Manufacturing Costs
2 Lectures 05:58

Print off in PDF and keep for further reference.

Manufacturing Costs.mp4
03:50

Download the PDF in Landscape and in color if possible to keep for future reference

Manufacturing Costs in the Financial Statements
02:08
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Module 2 - Resources - Intro to Manufacturing Costs
5 Lectures 13:09

Download

Language of Management Accounting
00:00

Management accounting has many terms and definitions that mangers use and you must be familiar with.

Preview 09:06

Overview of a Manufacturing Plant
02:49

Summary of manufacturing Costs
01:12

Mind maps are a great way to refresh your memory on important concepts

Mind map on manufacturing Costs
00:02
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Module 2 - Activities to deepen your understanding
6 Lectures 03:17

Print off in PDF and keep for further reference.

Game: manufacturing Costs
01:09


Game: Product vs Period Costs
00:32

Try these problems

Excel Problems
00:34

Test Your Understanding - Manufacturing Costs
00:40

Try this quiz

Quiz on - Intro to managerial Accounting
2 pages
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Module 3- Cost Behaviour Analysis and The Contribution Margin
4 Lectures 20:21
Module 3 - Lecture on Cost Behaviour
06:20

We cannot deal with costs that are partly fixed and partly variable. These mixed costs must be broken into the fixed part and variable part.

Topic #2 - Cost Behaviour - Mixed Costs
06:53

Another Lecture on Cost Behaviour
03:02

Print off in PDF and keep for further reference.

Mixed Costs - High/Low method.mp4
04:06
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Module 3 - Resources for Cost Behaviour and the contribution margin
5 Lectures 06:07
Demonstration Problem on fix & variable costs
02:12

Demonstration Problem on Cost behaviour
01:15

Demonstration problem on High/Low analysis
01:23

Demo on Cost Behaviour
01:15

Mind Map for Cost Behaviour concepts
00:02
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Module 3 - Activities to deepen your understanding
4 Lectures 00:55
Game: Cost Behaviour
00:21

Game: Cost Behaviour Concepts
00:32

Excel Problems - Module 3
00:01

Test Your Understanding - Cost Behaviour Problems
00:01
26 More Sections
About the Instructor
Dr. John Mclellan
4.5 Average rating
144 Reviews
4,964 Students
16 Courses
Accounting Professor

I am a Professor of Accounting with over thirty-five years experience teaching accounting to college students, undergraduate and MBA university students as well as CMA candidates seeking to earn their Professional Certified Management Accountant Designation.

I achieved my Certified Management Accountant Designation 40 years ago. With that I then earned my Masters of Business Administration degree and later a PHD in accounting.

I have developed and will continue to develop a number of courses in both Financial Accounting and Management Accounting for you - a college or university student (or even a secondary student) to help you to achieve the best result in your undergraduate accounting course. If you get an "A" from me I guarantee you will get an "A" from your accounting prof.

For Graduate students, I have a course to prepare those of you who do not have a business degree for the Masters of Business Administration. Also I have a course at the masters level called Managerial Accounting.

For CMA Candidates, I have courses to prepare you to successfully pass their Certified Management Accounting Exams offered by Institute of Management Accountants.


Dr. John