Fundamentals of Managerial Accounting & Cost Accounting 101
Managerial Accounting, Cost Accounting, Management Accounting, Finance Fundamentals, Financial Management, AccountingWhat you'll learn
- Demonstrate an understanding of the fundamental principles and concepts in managerial accounting.
- Define and apply key cost-related terms and concepts in the context of managerial accounting.
- Analyze and apply job order costing methods to allocate costs in a manufacturing environment.
- Explain the principles and methodologies of process costing in the context of continuous production processes.
- Apply activity-based costing techniques to allocate costs based on various activities in an organization.
- Utilize cost-volume-profit analysis to assess the impact of volume changes on profitability and decision-making.
- Develop budgets and perform variance analysis to assess and control organizational performance.
- Evaluate performance using the balanced scorecard framework and various performance measurement tools.
- Apply capital budgeting techniques to make informed financial decisions and assess long-term investments.
