Dr. John's - Managerial Acc. Tools & Techniques for managers
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Dr. John's - Managerial Acc. Tools & Techniques for managers

Understanding Management Accounting Tools and Techniques that have been developed by managers themselves and academics
4.7 (3 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.
23 students enrolled
Created by Dr. John Mclellan
Last updated 6/2017
English
Price: $20
30-Day Money-Back Guarantee
Includes:
  • 4 hours on-demand video
  • 2 Articles
  • 31 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Apply the concepts of management accounting to the various activities in the organization by analyzing different types of costs and use them in decision making situations
  • Describe the role of budgeting in the planning, control, and resource allocation process and develop different types of budgets using spreadsheets
  • Apply the concept of responsibility accounting in managerial performance evaluation
  • Identify relevant costs and use the Incremental Analysis in decision making process to support the decision making process
  • Establish standard costs and analyze variances
View Curriculum
Requirements
  • Excel Spreadsheets
Description

In this course, we cover the many Management Accounting concepts that are covered in Managerial ( Management) Accounting university course.

Learn and Master Each Management Accounting Tool and Technique.

  • Understand cost behaviour and how costs change when sales changes
  • Know how a job costing system works.
  • Learn how to create a department budget
  • Solve 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.
Who is the target audience?
  • Anyone who wants to understand management tools and techniques
  • Anyone wanting to improve their management knowledge
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Curriculum For This Course
49 Lectures
03:50:29
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Module 1 - Introduction to managerial accounting
1 Lecture 03:38

Print off the videoscribe and save as reference.

Preview 03:38
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Module 1 -Resources
1 Lecture 00:00
Print off this - Introduction
00:00
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Module 1 - Activities
5 Lectures 19:49
Game: Financial accounting vs Managerial accounting
01:14

Game: The Three roles of a Manager
00:45


Print off Cost terms

Cost Terms & Purposes
09:06

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Manufacturing Costs and Financial Statements of a Manufacturer
15 Lectures 01:07:16
Topic #1- Introduction to Manufacturing Costs
06:06

Manufacturing Costs videoscribe.mp4
03:50


Game: manufacturing costs
01:09

Topic #2 Product costs vs Period Costs
07:15

Overview of a Manufacturing Plant
02:49

Game: Product costs vs Period Costs
00:32

Topic #3- Manufacturer and Merchandiser Financial Statements
06:18

Manufacturing costs in the financial statements videoscribe.mp4
02:08

Socrative Quiz - Section 2 - Level A Questions
04:17

Socrative Quiz - Section 2 - Level B Questions
05:23

Showme Problem #1
08:03

Showme Problems #2 - man Costs
15:00

More Practice in preparing a Cost of Goods Manufacturing Statement. Download problems from resources.

Practice Problems in Excel with solutionsxlsx
00:32

Quick & Dirty Summary of Manufacturing Costs videoscribe
01:12
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Know how to Perform Cost Behaviour Analysis
12 Lectures 01:13:44

Business activity can be considered to be either sales or production. If sales (or production) increases then which costs in a business will increase and by how much?

Topic #1 Cost Behaviour
12:57

Cost Behaviour videoscribe
03:02

Mixed Costs videoscibe.mp4
03:02

http://www.brainrush.com/lesson/cost-behaviour-2

Game: Cost Behaviour
01:02

Socrative Quiz - Cost Behaviour - Level A
04:30

Showme #1 - Excel Problems on Cost Behaviour
12:03

Another Lecture on Cost Behabiour
10:29

Game: Cost-behaviour-statements-to-be-completed​
00:00

Introduction to Excel Problems
01:35

Showme Problems 1-4 on Cost Behaviour
07:06

Showme problems 5-7 Cost Behaviour
08:38

Socrative Quiz - Cost Behaviour - Level B
09:20
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Cost Volume Profit Analysis
5 Lectures 27:43
Topic #1 - Cost Volume Profit
14:47

Cost Volume Profit videoscribe.mp4
03:04

Socrative - Section 4 -CVP Level A
06:31

Summary of cost behaviour and CVP videoscribe.mp4
00:53

tHIS IS A SHORT CASE THAT COVERS ALL IMPORTANT CONCEPTS IN COST VOLUME PROFIT ANALYSIS

CVP Assignment
02:28
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Know how to perform Multi product Break even Analysis
2 Lectures 09:04

With the weighted average contribution margin we can now calculate the breakeven for companies that sell more than one product

Calculating Break even for a multi product company using sales mix
06:39

Weighted Average Contribution Margin problem Set #1
02:25
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Know how to use Cost Structure to effect leverage
1 Lecture 07:29
Cost Structure and its effect on leverage
07:29
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Budget Planning
2 Lectures 12:23
Lecture on Budgeting Planning
04:13

Production and Purchasing Budget
08:10
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Incremental Analysis ( Relevant Costing -Short term decision techniques
5 Lectures 09:22

THIS VIDEO-SCRIBE COVERS THE TOPICS -INCREMENTAL ANALYSIS, MARGINAL ANALYSIS , DIFFERENTIAL ANALYSIS AND RELEVANT COSTING.

Demonstration Problem - Incremental Analysis
05:06

Incremental analysis - special Order
01:06

Incremental Analysis - Make or Buy
00:59

Incremental Analysis - Outsourcing
01:05

Incremental Analysis - replace equipment
01:06
About the Instructor
Dr. John Mclellan
4.5 Average rating
144 Reviews
4,963 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