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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.
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Certificate of completion.
|Section 1: Introduction to the course|
Introduction - Tips and Advice for Successful CompletionPreview
|Section 2: Cost Concepts - The flow of costs|
Cost Concepts (Retail and Manufacturing Businesses)Preview
Cost Concepts - Practical ApplicationPreview
Contribution Format Income Statement - Problem 1
High-Low Method - Problem 2
High-Low Method (Total Cost Formula) - Problem 3
|Section 3: Job-Order Costing|
Job-Order Costing AnimationPreview
Job-Order Costing Lecture
Predetermined Overhead Rate - Problem 1
Flow of Costs - Problem 2
|Section 4: Activity-Based Costing|
Activity Based Costing
Activity-Based Costing - Comprehensive Problem
Activity Based Costing (ABC)
|Section 5: Process Costing|
Process Costing Lecture
Equivalent Units of Production
Weighted Average Method Lecture
Equivalent Units of Production - Cost per equivalent unit
|Section 6: Cost Volume Profit Analysis (Break-Even)|
Break-Even Comprehensive Problem
|Section 7: Variable Costing|
Variable Costing Lecture
Variable Costing - Comprehensive Problem
|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
|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
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!