Cost Accounting for Non-Accounting managers

Cost Accounting for Non-Accounting managers, available at Free, has an average rating of 5, with 9 lectures, based on 1 reviews, and has 325 subscribers.

You will learn about Understand the different categories on Manufacturing Costs Understand how a job order costing system works Complete a practice set of a n actual job costing sysytem This course is ideal for individuals who are Business managers or CMA students or Business students It is particularly useful for Business managers or CMA students or Business students.

Enroll now: Cost Accounting for Non-Accounting managers

Summary

Title: Cost Accounting for Non-Accounting managers

Price: Free

Average Rating: 5

Number of Lectures: 9

Number of Published Lectures: 9

Number of Curriculum Items: 9

Number of Published Curriculum Objects: 9

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

Understand the different categories on Manufacturing Costs
Understand how a job order costing system works
Complete a practice set of a n actual job costing sysytem

Who Should Attend

Business managers
CMA students
Business students

Target Audiences

Business managers
CMA students
Business students

This course is for managers or students who want a quick overview of cost accounting and who are not accountants.

What Is Cost Accounting?

Cost accounting is a form of managerial accounting that aims to capture a company’s total cost of production by assessing the variable costs of each step of production as well as fixed costs, such as a lease expense.

KEY TAKEAWAYS from this course

Cost accounting is used internally by management in order to make fully informed business decisions.
Unlike financial accounting, which provides information to external financial statement users, cost accounting is not required to adhere to set standards and can be flexible to meet the particular needs of management.
Cost accounting considers all input costs associated with production, including both variable and fixed costs.
Types of cost accounting include standard costing, activity-based costing, lean accounting, and marginal costing.

Cost Accounting vs. Financial Accounting

While cost accounting is often used by management within a company to aid in decision-making, financial accounting is what outside investors or creditors typically see. Financial accounting presents a company’s financial position and performance to external sources through financial statements, which include information about its revenues, expenses, assets, and liabilities. Cost accounting can be most beneficial as a tool for management in budgeting and in setting up cost-control programs, which can improve net margins for the company in the future.

Course Curriculum

Chapter 1: Overview of this course

Lecture 1: Overview of this course

Chapter 2: Introduction to management accounting and Job costing

Lecture 1: Management & Management accounting

Chapter 3: Know your Manufacturing Costs

Lecture 1: Manufacturing costs overview

Chapter 4: Summary of Manufacturing Costs & Intro Job Cost

Lecture 1: Summary of Manufacturing Costs & Intro Job Cost

Chapter 5: Traditional Cost Accounting Sysytems

Lecture 1: Job Costing Overview

Lecture 2: Job Costing System

Lecture 3: Questions on Job Costing

Lecture 4: Farook Job Costing Case Overview

Lecture 5: Farook Job Costing Case

Instructors

Dr. John Daniel Mclellan
Professor of Management Accounting and Cantrol

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Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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