Management Accounting Course in an MBA program

🎉 Unlock the Strategic Side of Business with Management Planning & Control Course 🎓

Course Headline:

Dive Deep into the World of Management Accounting with Over a Decade of Expertise!

Course Description:

Management accounting, often referred to as cost or managerial accounting, is an essential tool for decision-makers within an organization. It involves identifying, analyzing, interpreting, and communicating financial information to managers to aid in achieving business objectives. As a seasoned instructor with over 12 years of teaching experience in a Masters of Business Administration (MBA) program, I am here to guide you through the intricacies of management accounting.

Master Each Management Accounting Tool and Technique:

• Understand Management vs. Financial Accounting: Discover the unique role of management accounting within the broader scope of financial accounting.
• Roles of Managers: Explore the various roles that managers perform and how management accounting supports each function.
• Manufacturing Costs: Learn about the three different types of manufacturing costs and their significance in decision-making processes.
• Product vs. Period Costs: Distinguish between product costs, which are tied to a product over time, and period costs, which are incurred during a specific accounting period regardless of production levels.
• Cost-Volume-Profit (CVP) Analysis: Develop an understanding of how to create a CVP income statement, interpret its implications, and apply this knowledge to real-world scenarios.
• Break-Even & Target Profit Levels: Calculate your company's break-even point and target profit levels, essential for financial planning and performance evaluation.
• CVP Analysis for Multi-Product Companies: Tailor your CVP analysis to fit the needs of a multi-product business environment.
• Operating Leverage: Understand operating leverage, learn how to calculate it, and gain insight into its strategic importance for senior management.
• Master Budget with Excel Spreadsheets: Prepare detailed master budgets to plan business operations effectively using the power of Excel spreadsheets.
• Flexible Budgeting: Learn to use the flexible budget to manage and control operations in response to changes in activity levels or other variables.

Student Testimonials:

🌟 "Great Class, systematic, and very organized. Thanks, it's a great reviewing for my managerial accounting 15 years ago." - Tung KU

🙂 Awesome :) n very beneficial - Rabia Taher

👍 "Very Good course with the explanations, illustrations and quizzes. It makes you well prepared to actually give the exam for a good grade!" - Muhammed Hassen

📈 "Great course, I'm learning a lot about managerial accounting!" - Mark Furman

Course Highlights:

This comprehensive course covers all the major managerial accounting concepts that form the backbone of every Management Accounting course within an MBA university program. By mastering these principles, you will be well-equipped to analyze financial data critically and make informed business decisions.

Enroll now and embark on a journey to become a proficient managerial accountant! With Dr. John Daniel McLellan's expertise and a curriculum designed to equip you with practical skills, you're set for success in the dynamic world of business management. 🎓💰