Managerial Accounting: From Beginner to Advanced!

Accounting for managers and MBA students. Learn managerial and cost accounting.
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  • Lectures 40
  • Length 4.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 1/2015 English

Course Description

  • Over 2,200 students enrolled in my courses. (Updated as of February 2017)
  • See why and how my videos helped over 140,000 students
  • Learn everything about Managerial Accounting in less than 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?

  • 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

Who is the target audience?

  • Small business owners
  • CPA Candidates (BEC Section)
  • CMA Candidates
  • Managers
  • Accountants
  • Students
  • Bookkeepers
  • Anyone interested

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Introduction to the course
Introduction - Tips and Advice for Successful Completion
Section 2: 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
Cost Concepts
10 questions
Section 3: Job-Order Costing
Job-Order Costing Animation
Job-Order Costing Lecture
Alternative Explanation
Predetermined Overhead Rate - Problem 1
Flow of Costs - Problem 2
Job-Order Costing
10 questions
Section 4: Activity-Based Costing
Activity Based Costing
Activity-Based Costing - Comprehensive Problem
Activity Based Costing (ABC)
5 questions
Section 5: Process Costing
Process Costing Lecture
Equivalent Units of Production
Weighted Average Method Lecture
Equivalent Units of Production - Cost per equivalent unit
Process Costing
10 questions
Section 6: Cost Volume Profit Analysis (Break-Even)
Break-Even Lecture
Break-Even Comprehensive Problem
5 questions
Section 7: Variable Costing
Variable Costing Lecture
Variable Costing - Comprehensive Problem
Variable Costing
8 questions
Section 8: 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 9: Standard Costs and Variance Analysis
Standard Costs Lecture and Problem Solving
Standard Costs
3 questions
Section 10: Performance Measurement
Performance Measurement - Lecture and Comprehensive Problem
Section 11: 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 12: 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

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Instructor Biography

Professor Stefan Ignatovski, Entrepreneur, Investor, Professor

An Accounting Professor, Investor and Entrepreneur who teaches at multiple colleges in the US, including University of Washington. Stefan has also established multiple companies and invested in multiple start-up companies. Additionally, he is the author of the book "What College Didn't Teach You!". His area of expertise is concentrated in Accounting Forensics, which focuses on financial fraud, creative accounting, and anti-money laundering.

In every course Stefan makes, you will find the difference in teaching. He has his own way of creating interesting videos (less than 5 minutes, of course!) in which you will find everything you need to know about a specific topic. The DIFFERENCE is that his videos are fun to watch and will give you the desired "Aha!" moment. You will never forget the information, since each one is very descriptive. Visit the twitter profile for interesting updates.

Stefan's classes are very dynamic and make you eager to learn!

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