By the end of this course, you will be able to
Describe the managers' point of view about managerial accounting, linking costs with products to be able to take the right decision for the business and setting the price and cost of the product.
Link cost to production volume and profit sales, focusing on applying project management theories practically to your business to avoid business losses.
Define production account and sale account for achieving the target of profit and expecting certain situations during the production or selling of the product.
Course details
- 1 h 17 m/21 lessons
- Last updated: 22/10/2020
- Course completion certificate
Course Content
Introduction to Managerial Accounting
Managerial Accounting Definition
Purposes Of Managerial Accounting
Introduction to Managerial Accounting
Managerial Accounting Definition
Purposes Of Managerial Accounting
How Costs Are Assigned To Products?
Categories of Manufacturing Costs
Cost Classifications In Financial Reporting
Cost Behavior
Cost-Volume-Profit Relationships
The Contribution Margin Per Unit
The Break-even Point
The Contribution Margin Per Ratio
Target Profit Analysis
Decentralization and Segment Reporting
Traceable and Common Fixed Costs
Segmented Income Statement
Differential Analysis and Decision Making
Differential Cost Approach
Drop or Add a Business Segment
Make or Buy Decision
Accepting or Rejecting Special Orders
Wrap up course
About this course
This is not another traditional course about accounting; the course is designed from the perspective of managerial decision-makers. The course covers the use, interpretation, and analysis of management accounting information for management decision-making, planning, and operations control. The focus is on cost behavior, cost measurement, performance measurement and evaluation, responsibility accounting, and product costing.
Course requirements and prerequisites
There are no requirements for this course, your interest in the topic and your commitment to learning are only what you need to achieve the most benefit from this course.
Mentor
Moataz El-Helaly
Assistant Professor of Accounting
5,109 Learners
3 Courses