Dr John's Managerial Accounting course in MBA program
- 4.4
Brief Introduction
The Managerial Accounting Course is a major part of the Masters of Business Administration ProgramDescription
This course covers all the major managerial accounting concepts that are a part of every Managerial ( Management) Accounting course in every Master of Business Administration university program.
Learn and Master Each Management Accounting Tool and Technique.
- Understand what managerial accounting is about and how how differs from financial accounting
- Know what the different roles that manager perform.
- Know the three different manufacturing costs
- Know the difference between product costs and period costs.
- Develop a cost volume profit income statement
- Understand how costs change when sales changes
- Calculate break even and target profit levels
- Develop a CVP analysis for a multi - product company
- Understand operating leverage, how to calculate it and what it means to senior management
- Know how a job costing system works.
- Complete a Job Costing accounting system using excel spreadsheets.
- Design an activity based costing system using excel spreadsheets.
- Develop an activity based accounting model
- Understand activity based management
- Make or Buy decisions using Incremental analysis.
- Solve Special Order decisions using incremental analysis.
- Solve Equipment Replacement questions using relevant cost analysis.
- Prepare a Master Budget using excel spreadsheets to plan business operations.
- Know how to use the Flexible Budget to control operations.
- Perform Budget variance analysis.
- Understand the Balanced Scorecard and how it used in evaluating performance.
Some student comments:
"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 Thank u Dr :)"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
Requirements
- Requirements
- Students should have had a financial accounting course.
- You should take my course on Udemy " Get an A in Your Financial Accounting 101 course"
- You may want to take a shorter course to prepare you for the MBA -" Financial Accounting 482"