Course: Gain the Gold Management Accounting Skills You Need

Gain the Gold Management Accounting Skills You Need

  • Life Time Access
  • Certificate on Completion
  • Access on Android and iOS App
  • Self-Paced
About this Course

First steps into management accounting will show you that management accounting is not as confusing and boring as you thing. And something more, it is not necessary to read tones of books to become confident in this area. 

The course consists of short, clear and easy to understand theory, explained examples and examples to check your knowledge. With this course, the learning process is just a piece of cake. Just take a cup of coffee, tea or some other favorite drink and let me convince you that the process of learning management accounting can be as pleasant as doing your favorite hobby.

If you are learning about or working in the field of accounting, finance and management this course is exactly for you! Enjoy!

Basic knowledge
  • No specific knowledge are required
  • Understanding of basic accounts
What you will learn
  • Manufacturing and non-manufacturing costs
  • Product and period costs
  • Direct and indirect costs
  • Fixed, variable and mixed costs
  • Break-even analysis
  • Marginal costing
  • Absorption costing
  • First in first out method
  • Weighted average method
  • Job order costing
  • Process costing
  • Predetermined overhead rate
  • Over-absorption and under-absorption of overheads
Number of Lectures: 23
Total Duration: 00:53:22
Let's talk about cost classification
  • Management accounting - a short introduction  
  • Manufacturing and non-manufacturing costs  
  • Product costs and period costs  
  • Direct costs and indirect costs  
  • Test your knowledge of costs  
Now we'll take a close look at the concept of breakeven analysis
  • Fixed costs, variable costs and mixed costs  
  • Fixed costs and variable costs - example  
  • Breakeven point analysis  
  • Breakeven point analysis - example  
  • Test your knowledge of the concept of breakeven analysis  
Have you ever heard about methods for inventory valuation?
  • First-in-first-out method  
  • Weighted average method  
Are you curious to become familiar with different costing methods?
  • Job order costing - theory and example  
  • Process costing - theory  
  • Process costing - example  
  • Marginal costing - theory  
  • Marginal costing - example  
  • Absorption costing - theory  
  • Absorption costing - example  
  • Test your knowledge of marginal costing and absorption costing  
Now we can clarify the process of overhead allocation
  • Predetermined overhead rate  
  • Predetermined overhead rate - example  
  • Test your knowledge of overhead allocation  
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