Principles of Management ( Managerial) Accounting

Learn the Management Accounting Concepts that are a part of every university business program
4.12 (13 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
Principles of Management ( Managerial) Accounting
55
students
2.5 hours
content
Mar 2021
last update
$19.99
regular price

Why take this course?


Course Title: Principles of Management (Managerial) Accounting πŸ“š

Headline: Unlock the Secrets of Managerial Accounting with Our Comprehensive Online Course! πŸš€

Course Description: Dive into the fascinating world of Management Accounting, a critical component for making informed business decisions. This course, guided by the expertise of Dr. John Daniel McLellan, is meticulously designed to equip you with the essential Management Accounting concepts that are universally applicable in university business programs.

What You Will Learn:

  • Comprehend Management Accounting Fundamentals: Discover how this discipline differs from financial accounting and why it's indispensable for internal decision-making within an organization.
  • Master Managerial Roles: Explore the various roles that managers perform, and understand their impact on business operations.
  • Analyze Manufacturing Costs: Get to grips with the three different types of manufacturing costs and how they are categorized.
  • Cost Analysis: Know the distinctions between product costs and period costs, and learn to develop a cost volume profit (CVP) income statement.
  • Break-Even Point & Target Profit Levels: Calculate the break-even point and target profit levels, crucial for business planning and evaluation.
  • Cost-Volume-Profit Analysis: Perform a CVP analysis for multi-product companies and understand its significance.
  • Operating Leverage: Learn how to calculate operating leverage and its implications for senior management.
  • Job Costing Mastery: Implement a job costing system using Excel spreadsheets, and understand the intricacies of job costing accounting.
  • Activity-Based Costing (ABC): Design and complete an ABC system using Excel spreadsheets.
  • Activity-Based Accounting Model: Develop a model that enhances organizational efficiency.
  • Budgeting Skills: Prepare a master budget and learn how to use a flexible budget to control business operations effectively.

Why This Course?

  • Practical Application: Learn by doing with hands-on exercises and real-world scenarios.
  • Expert Guidance: Benefit from the knowledge and experience of Dr. John Daniel McLellan, a seasoned educator in the field of management accounting.
  • Interactive Learning: Engage with a community of peers through discussions and collaborative projects.
  • Flexible Learning: Study at your own pace, from anywhere, with 24/7 course access.

Student Testimonials:

  • "This course has transformed my understanding of managerial accounting! I've learned so much more than I did from my college lectures." - Aaron Morgan 🏫✨
  • "Dr. McLellan's clear explanations and practical examples have made learning managerial accounting concepts a breeze!" - Sabah πŸ“ˆπŸš€

Enroll Now to Take Your First Step towards Mastering Management Accounting! πŸŽ‰


Join us today and unlock the power of management accounting for your business acumen. With this course, you'll not only understand the theory behind managerial accounting but also learn how to apply these concepts using practical tools like Excel spreadsheets. Whether you're a student, professional, or aspiring entrepreneur, this course will provide you with the skills and knowledge needed to make strategic decisions that drive business success. πŸ’ΌπŸ“ˆ Enroll now and start your journey towards becoming a management accounting expert!

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770186
udemy ID
22/02/2016
course created date
04/02/2022
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