Managerial Accounting & Bookkeeping (Cost Accounting)

Management Accounting & Bookkeeping Basics. Accounting & Bookkeeping Concepts. Learn Accounting & Bookkeeping.

What you'll learn
Learn the basics of managerial accounting (cost accounting)
Understand the basic managerial accounting terms & vocabulary
Understand the difference between product costs and period costs
Understand how to read a Balance Sheet and Income Statement (Statement of Profit & Loss)
Requirements
No prior knowledge needed. All you need is a desire to learn!
Description
LEARN MANAGERIAL ACCOUNTING & BOOKKEEPING (COST ACCOUNTING) STEP BY STEPManagers all over the world use managerial accounting & bookkeeping to make business decision to improve profitability of their businesses. In this course I will show you how to do managerial accounting and bookkeeping, and apply those skills to your job. This is a no-fluff, straight-to-the-point course.Each short lesson is around 3-7 minutes. You can learn at your own pace anytime, anywhere. Traditional managerial & cost accounting textbooks are long and boring. This course makes learning managerial accounting & bookkeeping easy because I explain everything in a plain, simple language that's fun to learn.THIS COURSE WILL COVER:What is managerial accounting & cost accountingManagerial accounting terms & vocabularyProduct costs vs period costsBalance sheet and income statementIncome statement examples of merchandising companies & manufacturing companiesSchedule of Cost of Goods ManufacturedAnd much more!WHY THIS COURSE?Taught by a CPA, CA, MBA - Calvin K. LeeCalvin has 15 years of experience in accounting and bookkeeping, and provided consulting services for Fortune 500 companiesCalvin has worked in a Big 4 accounting firm (Ernst & Young LLP)Calvin is a top-rated instructor at Schulich School of Business at York UniversityOver 77,000+ students from 178 countries enrolled in his coursesLifetime access to this course, and you receive new lessons and updates for FREESubtitles (captions) available in EnglishCertificate of Completion available30-day money-back guaranteeSTUDENT REVIEWS:"Direct to the point and summarized the important part or content." - Juvy D."The content of the course is clear and with examples." - Sawsan M."Very informative and straightforward. Easy to understand." - Chris B."I like there are samples and explanations about the topics." - Margie P."Everything is explained so easily and concisely that I have no problem in understanding. A great teacher he is!" - Sarmad S."Very good!! Learned a lot about cost & management accounting" - Adriel S.REGISTER FOR THIS COURSE NOW!

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 How to make the most out of this course (subtitles, speed up videos)

Section 2: What is Managerial Accounting (Cost Accounting)

Lecture 3 What is managerial accounting

Lecture 4 Managerial accounting terms & vocabulary

Lecture 5 Product costs vs period costs

Section 3: Balance Sheet and Income Statement, Cost of Goods Manufactured

Lecture 6 Balance sheet and income statement

Lecture 7 Income statement examples of merchandising and manufacturing companies

Lecture 8 Schedule of Cost of Goods Manufactured

Lecture 9 How costs affect Balance Sheet and Income Statement

Section 4: Costs and Revenues

Lecture 10 Variable cost vs Fixed cost

Lecture 11 Direct cost vs Indirect cost

Lecture 12 Differential cost and revenue, opportunity cost, sunk cost

Section 5: Job-order costing and designing cost systems

Lecture 13 Process costing and Job-order costing

Lecture 14 Recording journal entries - direct materials & direct labor

Lecture 15 Recording journal entries - Factory overhead

Lecture 16 Recording journal entries - Work in Process and factory overhead

Lecture 17 Recording journal entries - Selling & administrative expenses

Lecture 18 Process costing explained with journal entries

Section 6: More Resources

Lecture 19 Bonus lecture: additional resources to continue learning

Accountants and bookkeepers,Accounting and bookkeeping students,Managers who want to better understand accounting & profitability reports